DLH reports USD 44.23 million revenue while DLH Holdings stock fell 1.25 percent
Published on 10/17/2026 at 20:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey facts at a glance
- On July 29, 2026, DLH Holdings reported USD 44.23 million in fiscal third-quarter revenue against USD 50.00 million expected.
- Adjusted EBITDA reached USD 3.40 million at a 7.70 percent margin in the fiscal third quarter of 2026.
- DLH Holdings stock stood at USD 3.95 on Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 1.25 percent on the day.
- DLH Holdings had a USD 57.2 million market capitalization and a negative 2.62 P/E ratio on October 16, 2026.
DLH Holdings (ISIN US23335Q1004) reported USD 44.23 million in revenue for the fiscal third quarter of 2026, versus USD 50.00 million expected. MarketBeat identifies July 29, 2026 as the latest earnings release date. The last Nasdaq price was USD 3.95 on October 16, 2026 at 4:00 p.m. EDT, down 1.25 percent from the prior close.
Adjusted earnings show the operating base
DLH reported adjusted EBITDA of USD 3.40 million and an adjusted EBITDA margin of 7.70 percent in the fiscal third quarter of 2026. Free cash flow reached USD 4.20 million, while debt fell to USD 128.70 million, according to Investing.com.
The revenue figure was also below the prior expectation of USD 50.00 million, a shortfall of 11.54 percent. The same report attributed the pressure to DLH's transition away from the VA CMOP program and related restructuring costs.
Stock remains below its yearly midpoint
DLH Holdings traded within a Nasdaq range of USD 3.38 to USD 8.10 over the 52 weeks through October 16, 2026. At USD 3.95, the stock stood 51.23 percent below the high and 16.86 percent above the low.
The October 16 session range was USD 3.95 to USD 3.99, with 5,377 shares traded against an average volume of 13,317 shares. The latest price was also below the USD 5.05 200-day average cited by MarketBeat.
Valuation and federal services
DLH Holdings had a market capitalization of USD 57.2 million and a negative 2.62 P/E ratio on October 16, 2026. The company provides technology, public health and cybersecurity services for federal customers, including healthcare and defense-related programs.
Its investor-relations profile says DLH employs more than 2,400 people and focuses on digital transformation, artificial intelligence, analytics, cloud applications and telehealth. The company describes these activities as part of its technology-enabled solutions business, according to DLH Holdings.
Comparison with peers
DLHC (Nasdaq, USD): minus 1.25 percent, P/E -2.62, market capitalization USD 57.2 million
Booz Allen Hamilton (Nasdaq, USD): minus 0.32 percent, P/E 11.64, market capitalization USD 8.9 billion
KBR (NYSE, USD): minus 0.16 percent, P/E 10.96, market capitalization USD 4.6 billion
What the numbers signal
DLH's quarterly revenue and earnings profile remain the central market reference, while the 52-week range shows how far the stock sits below its October 2026 high. The federal-services model gives the company exposure to long-cycle government work, but the latest revenue comparison highlights the near-term cost of the VA CMOP transition.
Market context: Market report S&P 500.
