CACI International Inc

caci.com

What Do They Do?

Provides technology and technical expertise to U.S. government agencies, foreign governments, and commercial enterprises.

How Do They Make Money?

CACI earns revenue from government customers under cost-plus-fee, fixed-price, and time-and-materials contracts. It generally earns revenue as customers receive its services over the contract period; for some cost-plus and time-and-materials work, charges track the work performed.

revenue

Segment	Share	Revenue	How money arrives
Technology Recurring	58% FY2023: 54%		Recurring
Expertise Recurring	42% FY2023: 46%		Recurring

Who Are Their Customers?

U.S. government agencies buy primarily through competitive bids, with CACI serving as a prime contractor or subcontractor. It also serves foreign governments and commercial enterprises through its international operations.

Do Revenues Turn Into Profits?

Yes. It kept 6 cents of every revenue dollar as net income in FY2026 and turned 8 cents into free cash flow.

Operating income, FY2026

10% of revenue

▲ +20% vs FY2025 ($764.2M, 9%)

Net income, FY2026

6% of revenue

▲ +7% vs FY2025 ($499.8M, 6%)

Free cash flow, FY2026

8% of revenue

▲ +62% vs FY2025 ($481.4M, 6%)

How Are They Changing?

Since the FY2026 annual report

Latest quarter: Q1 FY2027, the three months to Sep 30, 2026

Revenue: ▲ +8%; vs $2.3B in Q1 FY2026
Net income: ▲ +4%; vs $124.8M in Q1 FY2026

Technology share of revenue vs 56.9% in Q1 FY2026

Growing. Revenue grew 54% in 4 years, from $6.2B in FY2022 to $9.6B in FY2026, about 11% a year.

Revenue over time

Technology Expertise

$10B$5B$0

FY2022 FY2023 FY2024 FY2025 FY2026

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