Filing Flows › DLH Holdings (DLHC) › Q2 FY26
DLH Holdings (DLHC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 6, 2026
DLH Holdings (DLHC) reported revenue of $59.3M for the second quarter fiscal 2026 (Q2 FY26), -34% from a year earlier and -14% from the quarter before. Operating margin was -0.1%, net loss $2.5M (4.3% of revenue).
DLH Holdings, Q2 FY26: revenue $59.3M (-34% year over year), operating margin -0.1%, net loss $2.5M, operating cash flow $3.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.3M | -14% | -34% |
| Operating profit | −$55K | -104% | -101% |
| Net earnings | −$2.5M | — | -389% |
| Operating cash flow | $3.8M | — | -74% |
What changed
Revenue was $59.3M in Q2 FY26, down 34% year over year and down 14% from the previous quarter.
Operating costs exceeded revenue by $55K, an operating margin of -0.1%. Total costs fell 29% while revenue fell 34%. The quarter ended with a net loss of $2.5M, wider than the previous quarter's $1.3M loss. Net interest and other expense of $3.1M was the main reason.
Operating cash flow was $3.8M (down 74% year over year). Non-cash charges added back $4.3M of depreciation and amortization and $617K of share-based compensation. Working capital and other items added $1.4M.
Questions
What was DLH Holdings' revenue in the second quarter fiscal 2026?
DLH Holdings (DLHC) reported revenue of $59.3M for the second quarter fiscal 2026 (Q2 FY26), -34% from a year earlier and -14% from the quarter before.
Was DLH Holdings profitable in the second quarter fiscal 2026?
Operating loss was $55K (-0.1% of revenue) and net loss $2.5M.
Source: DLH Holdings 10-Q on SEC EDGAR.