StocksMedium•23 October 2026•
4 min read

Booz Allen Announces Preliminary Fiscal Second-Quarter 2027 Results Ahead of Earnings Call

Key Facts

1Booz Allen announced preliminary results for the second quarter of fiscal 2027 on October 23, 2026.
2Analysts expected second-quarter earnings of $1.48 per share and revenue of $2.81 billion.
3First-quarter revenue was $2.8 billion, down 4.2% year over year, and adjusted diluted earnings per share were $1.81, up 22.3%.
4After the first quarter, the company maintained annual revenue guidance of between $11.2 billion and $11.7 billion and adjusted earnings per share guidance of between $6.00 and $6.35.

Booz Allen Hamilton announced preliminary results for the second quarter of its fiscal 2027 on October 23, 2026, according to a company statement. This corrects the previous draft’s description of the results as covering the third quarter; the figures it cited for earnings per share and revenue were also not confirmed by the available materials. Ahead of the announcement, analysts expected earnings of $1.48 per share and revenue of $2.81 billion, according to Reuters via Investing.com. The report described expected revenue as nearly flat compared with first-quarter revenue of $2.8 billion, with earnings per share expected to decline from $1.81. The focus, therefore, is on the preliminary figures announced and how they compare with those estimates, as well as what the company says about its fiscal-year outlook.

First-quarter results provide a baseline for comparison: revenue was $2.8 billion, down 4.2% year over year, while adjusted diluted earnings per share reached $1.81, up 22.3% year over year, according to the company’s filing with the U.S. Securities and Exchange Commission. The comparison shows the two metrics moved in different directions that quarter, with revenue declining while adjusted earnings per share rose. The company said slower purchasing reduced headcount and billable expenses, driving most of the revenue decline. It also said demand was accelerating in its national security portfolio, while its civil business continued to face challenges. Chief Executive Horacio Rozanski said the company was “on track to deliver the expectations we set for the fiscal year amid challenging market dynamics.”

First-quarter indicators also showed adjusted earnings before interest, taxes, depreciation and amortization of $334 million, up 7.4% year over year, with a margin of 11.9% of revenue, up 130 basis points. In that quarter, total backlog was $39 billion, and the company recorded a bookings-to-revenue ratio of 1.5 times. These figures provide context on profitability and backlog ahead of details on the second quarter. The company also completed its $720 million acquisition of the “Ultra I&C Mission Solutions” unit in August, saying the deal would strengthen technology solutions for national security missions. This comes as the company had described demand for its national security business as accelerating, while its civil business continued to face challenges.

After reporting first-quarter results, Booz Allen maintained its fiscal 2027 guidance, setting revenue at between $11.2 billion and $11.7 billion and adjusted diluted earnings per share at between $6.00 and $6.35. Second-quarter results provide an opportunity to see whether the company will revise those ranges or maintain them, but the available materials do not include a guidance update in the preliminary announcement. Comparison with earlier estimates remains important: analysts expected earnings of $1.48 per share and revenue of $2.81 billion, while revenue in the previous quarter was $2.8 billion. Reuters also reported that investors are watching for signs that the civil business is nearing a trough, amid continuing challenges the company has described in the segment. The available materials did not provide a verified actual second-quarter result or the market’s response after the announcement.

Booz Allen shares closed at $78.57 on October 22, the eve of the results announcement. The investor-relations calendar scheduled the second-quarter results call for October 23, 2026, at 8:00 a.m. U.S. Eastern time. The call gives the company an opportunity to present details of the preliminary results and discuss its fiscal-year outlook, while the events calendar alone does not indicate what will be said. The guidance issued after the first quarter remains a benchmark for comparison with any subsequent update. Markets are also tracking demand for national security work against continued challenges in the civil business, two themes in the company’s previous filing and Reuters’ coverage ahead of the results announcement.