| Imagery Source: WTOP |
| Information Source: CACI International Inc |
| Revenues of $2.2 billion, up 11.8% YoY |
| Net income of $111.9 million and diluted EPS of $5.00 |
| Adjusted net income of $139.3 million and adjusted diluted EPS of $6.23, up 8.5% YoY |
| EBITDA of $253.5 million and EBITDA margin of 11.7%, up 40 bps YoY |
| Contract awards of $2.5 billion and a book-to-bill of 1.2x |
| CACI International Inc. (NYSE: CACI), a leading provider of expertise and technology to government customers, announced results today for its fiscal third quarter ended March 31, 2025. |
| “Our third quarter results are a continuation of the exceptional performance that CACI has been reliably delivering. Our double-digit revenue growth, increased profitability, strong cash flow, and growing backlog underscore our successful strategy, differentiated software-based approach, and superior execution for our customers,” said John Mengucci, CACI President and Chief Executive Officer. “Continuing our flexible and opportunistic approach to capital deployment, we executed an open market share repurchase program just one quarter after closing on two strategic acquisitions. With the strong performance of our business, we are again able to raise our fiscal year 2025 guidance, are on track to achieve our three-year financial targets, and remain well positioned to provide long-term value for our customers and our shareholders.” |
| Revenues in the third quarter of fiscal year 2025 increased 11.8 per cent year-over-year, driven by 5.6 per cent organic growth, as well as acquisitions completed in the last twelve months. The increase in income from operations was driven by higher revenues and gross profit. Diluted earnings per share reflect increases in intangible amortisation and interest expense, and a higher tax provision, partially offset by higher income from operations and share repurchases. Growth in adjusted diluted earnings per share was driven by higher income from operations and share repurchases, partially offset by higher interest expense and a higher tax provision. The increase in cash from operations, excluding MARPA, was driven primarily by effective working capital management. |
| Third Quarter Contract Awards |
- Contract awards in the third quarter totalled $2.5 billion, with more than 60 per cent for new business to CACI. Awards exclude ceiling values of multi-award, indefinite delivery, indefinite quantity (IDIQ) contracts. Some notable awards during the quarter were:
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- CACI was awarded a seven-year task order valued at up to $434 million to provide digital financial management solutions to an intelligence community customer. CACI’s software-defined systems and functional knowledge will help modernise this customer’s outdated legacy technology, unlock value, and overcome regulatory bottlenecks with secure, reliable, and compliant systems that drive digital transformation, increase efficiency, and ensure clean audits.
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- CACI was awarded a contract modification valued at nearly $400 million to continue procurement, training, and fielding for a mission-essential system built by CACI using commercial software-based technology. This proven, mature solution puts advanced signals intelligence (SIGINT) and electronic warfare (EW) capabilities directly in the hands of warfighters operating in high-risk, contested environments. With this latest award, CACI’s total contract value has increased to approximately $500 million.
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- CACI was awarded a five-year task order valued at up to $158 million to provide advanced expertise to help a Department of Defence (Dod) customer meet its production, modernisation, and sustainment goals.
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- CACI was awarded additional work to procure enhancements to a currently fielded EW system. The $143 million firm-fixed-price delivery order represents a new phase of work that will bring additional functionality and improvements to this Dod customer.
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- CACI was awarded a 12-month contract modification worth more than $120 million to continue modernising and defending cyber networks that protect and advance critical C5ISR capabilities. With this latest award, CACI’s total contract value has increased to nearly $615 million.
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- CACI was awarded a contract valued at up to $93 million to provide spectrum superiority expertise to a customer within the intelligence community.
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- CACI was awarded a five-year task order valued at up to $66 million to continue supporting the U.S. Navy’s Naval Sea Systems Command (NAVSEA) and the Naval Surface Warfare Centre (NSWC) Carderock Division. CACI, powered by technology and data-driven insights, ensures the Navy can address both pressing and evolving needs — including ship collision response, submarine control and maneuvering simulations, and the development of autonomous ships and systems.
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- CACI was awarded a five-year task order valued at up to $54 million to continue supporting the U.S. Army Product Manager Ground Sensors (PM GS). CACI will provide current and future operational capability and efficiency throughout the life cycle of critical ground sensors, including night vision, electro-optics, and thermal systems used by warfighters at home and abroad. This work is vital in protecting our soldiers with cutting-edge software-defined solutions that enhance their situational awareness and combat effectiveness.
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- Total backlog as of March 31, 2025 was $31.4 billion compared with $28.6 billion a year ago, an increase of 9.8 percent. Funded backlog as of March 31, 2025 was $4.2 billion compared with $3.2 billion a year ago, an increase of 31.3 percent.
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| Additional Highlights |
- CACI was awarded a prestigious bronze Edison Award™ for CrossBeam®, a fully integrated, compact, and robust free space optical system designed for low-cost, high-volume manufacturing. CACI is a leader in rapidly prototyping and leveraging commercial practices to iterate software-defined developments, enhancements, and deployments in real time. Our award-winning innovations are also a direct result of our foresight to invest ahead of customer need by dedicating resources to emerging, cutting-edge capabilities that pioneer how we protect our nation’s assets and interests from ground to sea to space. The Edison Awards recognise the world's top innovations, products, services, and business leaders, honouring the most exemplary technology and innovation. This is CACI’s fourth Edison Award.
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- CACI entered into a five-year Cooperative Research and Development Agreement with the United States Military Academy (USMA) at West Point to collaboratively advance (EW) technologies to support future U.S. Army missions. CACI aims to strengthen the pipeline of future SIGINT and EW operators while also improving relationships with future customers and partners to support ongoing national security mission objectives. West Point will provide input as a leader in military innovation and education. Through this effort, CACI, working jointly with the USMA, will continue to drive innovation, expand technical impact, and deliver mission-critical solutions to support national defence.
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- Fortune recognised CACI as a World’s Most Admired Company for 2025, marking the company’s eighth consecutive year on the list and its 14th overall appearance. CACI achieved impressive results in Fortune’s survey and was acknowledged for its innovation, long-term investment, financial soundness, and the quality of the company’s expertise and technology.
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- For the fifth consecutive year, CACI was named a Top Workplace USA by employee engagement technology partner Energage, LLC. This latest accolade is a testament to the company’s strong culture and legacy, which spans more than 60 years. CACI earned this designation after receiving specific recognition and praise from respondents for its impressive leadership, workplace environment, integrity, and opportunities, all of which exceed industry benchmarks.
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| For the full document, click the link below |
| CACI International Inc |
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