Booz Allen Hamilton Holding Corporation (BAH) reported a funded backlog of $4.66 billion for the first quarter of fiscal 2027, a 15.2% year-over-year increase, with total backlog rising 3.2% to $39.48 billion. The company’s revenue forecast for fiscal 2027 ranges from $11.2 billion to $11.7 billion, indicating 0-4% growth. In the same quarter, BAH reported adjusted earnings of $1.81 per share, surpassing expectations by 21.5%, with total revenues of $2.80 billion, down 4.2% year-over-year.
BAH’s strategic focus on artificial intelligence and defense technology, coupled with ongoing investments, is expected to bolster long-term growth. The planned acquisition of Ultra Mission Solutions is set to close in the second quarter of fiscal 2027, enhancing BAH’s capabilities in command-and-control software and ruggedized computing.
For shareholder returns, BAH distributed $404 million, $812 million, and $598 million through share repurchases in fiscal years 2024, 2025, and 2026, respectively, while increasing dividends from $254 million to $276 million over the same period. As of the end of the first quarter of fiscal 2027, BAH maintained $540 million in cash and reported a current ratio of 1.6, above the industry average.
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