Booz Allen Hamilton Holding Corporation Class A (BAH)

The company announced its Q1 FY2026 earnings, reporting a roughly 1% year-over-year decrease in gross revenue to $2.9 billion, though revenue excluding billable expenses grew 2%. Defense and intelligence businesses showed strong performance, with revenue up 7% and 6% respectively, while the civil business revenue was down 13%. The company's total backlog reached $38 billion, an 11% increase year-over-year. Booz Allen Hamilton released its Q2 FY2026 results, reporting revenue of $2.89 billion, an 8.1% decrease year-over-year. Adjusted EPS matched the forecast at $1.49. The company's backlog grew to a record $40 billion with a book-to-bill ratio of 1.7x. Booz Allen and SEEQC expanded their partnership to accelerate quantum engineering solutions. The company announced its global headquarters relocation to Reston, Virginia, in 2027. Booz Allen secured a $99 million contract to install 5G networks on U.S. Navy Ships. News emerged about federal contracts demanding quantum resilience. Reports indicated a more constructive environment for government contracting in 2026, with a proposed 50% increase in the U.S. defense budget. Booz Allen announced a strategic partnership with Andreessen Horowitz to enhance U.S. technological capabilities. The company's share price experienced a decline of 28.82% between January 13, 2025, and January 9, 2026.

Booz Allen Hamilton experiences demand seasonality influenced by federal government funding patterns. The second fiscal quarter has traditionally been strong. Changes in government funding have altered these trends. The company manages its business annually, acknowledging that seasonality is one of many factors affecting its results. Uncertainty around a government shutdown delayed potential contract wins in Q2 FY2026.

Booz Allen Hamilton Holding Corp. specializes in digital transformation and artificial intelligence, providing consulting, analysis, and engineering services. It operates in the Industrials sector, focusing on Business Services and Management & Technology Consulting. The company's services include AI, cybersecurity, engineering solutions, and emerging technology. Over 92% of its revenue comes from U.S. government contracts, serving industries like civil government, defense, energy, and intelligence.

Booz Allen Hamilton's headquarters is in McLean, Virginia, with over 80 offices globally, including locations in the U.S., Europe, and Asia-Pacific. Major U.S. offices are strategically located near federal agencies and military bases. The global headquarters will relocate to Reston, Virginia, in 2027.

Booz Allen Hamilton is a prestigious consulting firm known for its expertise in government and defense. Forbes recognizes the company among "America's Best Companies" and "Most Trusted Companies in America" for 2026, and among the "World's Best Management Consulting Firms" for 2025. The strategic partnership with Andreessen Horowitz, the contract to install 5G networks on U.S. Navy Ships, and the expanded partnership with SEEQC positively impacted its reputation. No significant negative events impacting Booz Allen Hamilton's brand reputation were found.

Booz Allen Hamilton Holding Corp. is predominantly owned by institutional investors, who collectively hold a significant portion of the company's stock. Major institutional shareholders include Vanguard Group Inc., BlackRock Inc., and State Street Corporation. Individual investors also contribute to the ownership base. Historically, The Carlyle Group acquired a majority stake in Booz Allen's U.S. government consulting business in 2008 and gradually reduced its ownership after the company became publicly traded in 2010.