DLH Holdings Corp.
DLHC- Exchange
- Nasdaq
- Industry
- Services-Help Supply Services
- SEC CIK
- 0000785557
In the last 90 days, DLH Holdings Corp. insiders filed 15 open-market purchases and 1 sale; 45 institutions reported holding it in 13F filings for Q2 2026, worth $51.9M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:34 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 30, 2025 | Nov 13, 2024 | Oct 24, 2023 | Dec 5, 2022 | Dec 6, 2021 |
| Revenue | $344.5M | $395.9M | $375.9M | $395.2M | $246.1M |
| Selling, general and administrative | $31.2M | $37.0M | $37.8M | $30.7M | $25.1M |
| Operating income | $16.8M | $24.9M | $17.1M | $33.3M | $17.2M |
| Interest expense | – | – | $14.2M | $1.55M | $2.99M |
| Income tax | $393.0K | $350.0K | -$641.0K | $7.78M | $3.29M |
| Net income | $1.36M | $7.40M | $1.46M | $23.3M | $10.1M |
| EPS, basic | $0.09 | $0.52 | $0.11 | $1.82 | $0.81 |
| EPS, diluted | $0.09 | $0.51 | $0.10 | $1.64 | $0.75 |
| Weighted shares, basic | 14.4M | 14.2M | 13.7M | 12.8M | 12.5M |
| Weighted shares, diluted | 14.5M | 14.4M | 14.4M | 14.2M | 13.6M |
| Margins and growth | |||||
| Operating margin | 4.9% | 6.3% | 4.5% | 8.4% | 7.0% |
| Net margin | 0.4% | 1.9% | 0.4% | 5.9% | 4.1% |
| Revenue growth, year over year | −13.0% | +5.3% | −4.9% | +60.6% | +17.6% |
| Net income growth, year over year | −81.6% | +406.3% | −93.7% | +129.6% | +42.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 30, 2025 | Nov 13, 2024 | Oct 24, 2023 | Dec 5, 2022 | Dec 6, 2021 |
| Cash and equivalents | $125.0K | $342.0K | $215.0K | $228.0K | $24.1M |
| Accounts receivable | $38.4M | $49.8M | $59.1M | $40.5M | $33.4M |
| Total current assets | $42.5M | $53.0M | $62.4M | $43.6M | $61.8M |
| Property, plant and equipment | $1.27M | $1.83M | $1.59M | $1.70M | $1.91M |
| Goodwill | $138.2M | $138.2M | $138.2M | $65.6M | $65.6M |
| Intangible assets | $91.9M | $108.3M | $124.8M | $40.9M | $47.5M |
| Total assets | $290.7M | $314.4M | $339.8M | $169.0M | $197.2M |
| Accounts payable | $12.3M | $13.4M | $12.6M | $11.9M | $16.7M |
| Short-term debt | $8.07M | $12.1M | $17.2M | – | $0 |
| Total current liabilities | $42.7M | $53.2M | $64.8M | $38.5M | $66.4M |
| Long-term debt | $120.0M | $137.3M | $155.1M | $20.4M | $44.6M |
| Total liabilities | $177.7M | $204.2M | $237.4M | $77.0M | $131.6M |
| Shareholders' equity | $113.0M | $110.1M | $102.4M | $92.1M | $65.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 30, 2025 | Nov 13, 2024 | Oct 24, 2023 | Dec 5, 2022 | Dec 6, 2021 |
| Operating cash flow | $23.2M | $27.4M | $31.0M | $1.24M | $45.7M |
| Capital expenditures | $241.0K | $836.0K | $625.0K | $872.0K | $103.0K |
| Free cash flow | $23.0M | $26.5M | $30.4M | $371.0K | $45.6M |
| Depreciation and amortization | $17.2M | $17.1M | $15.6M | $7.67M | $8.12M |
| Stock-based compensation | $1.46M | $1.90M | $1.92M | – | – |
| Share buybacks | – | – | – | – | $0 |
| Investing cash flow | -$241.0K | -$836.0K | -$181.2M | -$872.0K | -$44.0K |
| Financing cash flow | -$23.2M | -$26.4M | $150.2M | -$24.2M | -$22.9M |
| Net change in cash | -$217.0K | $127.0K | -$13.0K | -$23.8M | $22.7M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.4% | 0.5% | 0.5% | – | – |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.