DLH Holdings Corp.DLHCEarnings & Financial Report
DLH Holdings Corp. is a U.S.-based provider of technology-enabled healthcare, logistics, engineering, and mission support services primarily serving federal government agencies including the Department of Veterans Affairs, Department of Defense, and Department of Health and Human Services, as well as select state and local government clients across core public service segments.
Revenue
$96.4M
Gross Profit
N/A
Operating Profit
$6.4M
Net Profit
$2.3M
Gross Margin
N/A
Operating Margin
6.6%
Net Margin
2.4%
YoY Growth
-5.0%
EPS
$0.16
DLH Holdings Corp. Q4 FY2024 Financial Summary
DLH Holdings Corp. reported revenue of $96.4M (down 5.0% YoY) for Q4 FY2024, with a net profit of $2.3M (up 187.3% YoY) (2.4% margin).
Key Financial Metrics
| Total Revenue | $96.4M |
|---|---|
| Net Profit | $2.3M |
| Gross Margin | N/A |
| Operating Margin | 6.6% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
DLH Holdings Corp. Q4 FY2024 revenue of $96.4M breaks down across 2 segments, led by Sales Channel Directly To Consumer at $86.0M (89.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Directly To Consumer | $86.0M | 89.3% |
| Sales Channel Through Intermediary | $10.4M | 10.7% |
DLH Holdings Corp. Revenue by Segment — Quarterly Trend
DLH Holdings Corp. revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales Channel Directly To Consumer and Sales Channel Through Intermediary) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Sales Channel Directly To Consumer | $64.5M | $72.7M | $76.6M | $81.8M |
| Sales Channel Through Intermediary | $4.4M | $8.4M | $6.7M | $7.5M |
DLH Holdings Corp. Annual Revenue by Year
DLH Holdings Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $344.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $344.5M |
| 2024 | $395.9M |
| 2023 | $375.9M |
| 2022 | $395.2M |
DLH Holdings Corp. Quarterly Revenue & Net Profit History
DLH Holdings Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $68.9M | -24.1% | $-1.3M | -1.9% |
| Q4 FY2025 | $81.2M | -15.8% | $-920.0K | -1.1% |
| Q3 FY2025 | $83.3M | -17.2% | $289.0K | 0.3% |
| Q2 FY2025 | $89.2M | -11.7% | $878.0K | 1.0% |
| Q1 FY2025 | $90.8M | -7.2% | $1.1M | 1.2% |
| Q4 FY2024 | $96.4M | -5.0% | $2.3M | 2.4% |
| Q3 FY2024 | $100.7M | -1.5% | $1.1M | 1.1% |
| Q2 FY2024 | $101.0M | +1.6% | $1.8M | 1.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $101.0M | $100.7M | $96.4M | $90.8M | $89.2M | $83.3M | $81.2M | $68.9M |
| YoY Growth | 1.6% | -1.5% | -5.0% | -7.2% | -11.7% | -17.2% | -15.8% | -24.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $325.9M | $325.0M | $314.4M | $325.0M | $306.6M | $299.3M | $290.7M | $283.5M |
| Liabilities | $219.2M | $216.4M | $204.2M | $213.6M | $193.8M | $185.6M | $177.7M | $171.3M |
| Equity | $106.8M | $108.6M | $110.1M | $111.4M | $112.8M | $113.7M | $113.0M | $112.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $5.2M | $4.6M | $12.4M | $-11.5M | $14.5M | $9.6M | $10.7M | $-4.8M |