caci-20260331

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________________________

FORM 10-Q

_________________________________

(Mark One)


x			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2026


o			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 001-31400

__________________________________

CACI International Inc

(Exact name of registrant as specified in its charter)

____________________________________


Delaware						54-1345888
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)

12021 Sunset Hills Road, Reston, VA 20190

(Address of principal executive offices)

(703) 841-7800

(Registrant’s telephone number, including area code)

__________________________________________________

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock	CACI	New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

As of April 17, 2026, there were 22,091,305 shares outstanding of CACI International Inc’s common stock, par value $0.10 per share.

CACI INTERNATIONAL INC


		PAGE
PART I:	FINANCIAL INFORMATION

Item 1.	Financial Statements

	Condensed Consolidated Statements of Operations	3

	Condensed Consolidated Statements of Comprehensive Income	4

	Condensed Consolidated Balance Sheets	5

	Condensed Consolidated Statements of Cash Flows	6

	Condensed Consolidated Statements of Shareholders’ Equity	7

	Notes to Condensed Consolidated Financial Statements	8

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	19

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	23

Item 4.	Controls and Procedures	23

PART II:	OTHER INFORMATION	24

Item 1.	Legal Proceedings	24

Item 1A.	Risk Factors	26

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	26

Item 3.	Defaults Upon Senior Securities	26

Item 4.	Mine Safety Disclosures	26

Item 5.	Other Information	27

Item 6.	Exhibits	27

	Signatures	28

PART I

FINANCIAL INFORMATION

Item 1. Financial Statements

CACI INTERNATIONAL INC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)


	Three Months Ended March 31,				Nine Months Ended March 31,
(in thousands, except per share data)	2026		2025		2026		2025
Revenues	$	2,351,002	$	2,166,982	$	6,858,722	$	6,323,680
Costs of revenues:
Direct costs	1,553,169		1,434,735		4,595,374		4,251,384
Indirect costs and selling expenses	510,182		480,917		1,448,623		1,375,524
Depreciation and amortization	58,774		54,961		167,104		139,264
Total costs of revenues	2,122,125		1,970,613		6,211,101		5,766,172
Income from operations	228,877		196,369		647,621		557,508
Interest expense and other, net	52,267		45,117		143,390		113,153
Income before income taxes	176,610		151,252		504,231		444,355
Income taxes	46,217		39,392		125,173		102,380
Net income	$	130,393	$	111,860	$	379,058	$	341,975
Basic earnings per share	$	5.90	$	5.02	$	17.19	$	15.31
Diluted earnings per share	$	5.88	$	5.00	$	17.11	$	15.21
Weighted average basic shares outstanding	22,087		22,279		22,054		22,332
Weighted average diluted shares outstanding	22,165		22,383		22,158		22,485

See Notes to Unaudited Condensed Consolidated Financial Statements

CACI INTERNATIONAL INC

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(UNAUDITED)


	Three Months Ended March 31,				Nine Months Ended March 31,
(in thousands)	2026		2025		2026		2025
Net income	$	130,393	$	111,860	$	379,058	$	341,975
Other comprehensive (loss) income:
Foreign currency translation adjustment	(6,500)		9,671		(11,725)		4,235
Change in fair value of interest rate swap agreements, net of tax	1,196		(5,889)		(1,879)		(15,103)
Total other comprehensive (loss) income, net of tax	(5,304)		3,782		(13,604)		(10,868)
Comprehensive income	$	125,089	$	115,642	$	365,454	$	331,107

See Notes to Unaudited Condensed Consolidated Financial Statements

CACI INTERNATIONAL INC

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)


(in thousands, except per share data)	March 31, 2026		June 30, 2025
ASSETS
Current assets:
Cash and cash equivalents	$	157,996	$	106,181
Accounts receivable, net	1,506,780

SEC Form 10-Q filed by CACI International Inc.