CACI International Inc. (NYSE: CACI) shares were trading at $660.31 at the market open on Thursday, marking an intraday increase of 4.39% following the release of its second-quarter financial results. The stock had previously closed at $632.56. The company’s market capitalization stands at approximately $14.65 billion as of January 22, 2026.
Latest Quarterly Results
For the second quarter of fiscal year 2026, ended December 31, 2025, CACI reported consolidated revenue of $2.22 billion, an increase of 5.7% from $2.10 billion in the same period last year. Net profit for the quarter rose 12.7% year-over-year to $123.9 million. Organic revenue growth was 4.5%.
Segment performance highlights include:
- Federal Civilian Agencies: Revenue grew 19.9% year-over-year to $438.6 million.
- Department of Defense (DoD): Revenue rose 3% and accounted for 51.8% of total quarterly revenue.
- EBITDA: Earnings before interest, taxes, depreciation, and amortization reached $262.6 million, a 12.8% increase, with a margin of 11.8%.
Financial Trends
Full-Year Results Context
In fiscal year 2024, CACI reported annual revenue of $7.66 billion. Financial reporting for the first half of fiscal year 2026 indicates a directional trend of growth, with first-quarter revenue previously increasing 11.2% to $2.3 billion.
Business & Operations Update
During the second quarter, CACI secured $1.4 billion in contract awards, of which 70% was classified as new business. The company’s total backlog reached $32.8 billion at the end of December, a 3.1% increase year-over-year. Operational developments in January 2026 included a $416 million task order for the U.S. Navy to modernize systems over a five-year period.
M&A or Strategic Moves
CACI announced a definitive agreement to acquire ARKA Group L.P., a space-based sensor and software provider, for $2.6 billion in an all-cash transaction. Management noted that the current financial guidance does not incorporate the impact of this pending acquisition.
Equity Analyst Commentary
Institutional research firms have updated coverage following the results. Truist Financial maintains a price objective of $735, while JPMorgan Chase & Co. previously adjusted its target to $645. The Goldman Sachs Group and Stifel Nicolaus have issued price objectives of $624 and $670, respectively.
Guidance & Outlook
Management raised fiscal year 2026 guidance for all core metrics. Revenue is now projected between $9.3 billion and $9.5 billion, up from the previous range of $9.2 billion to $9.4 billion. Adjusted diluted earnings per share (EPS) are forecast between $28.25 and $28.92, compared to the prior estimate of $27.13 to $28.03. Free cash flow guidance was adjusted to at least $725 million.
Performance Summary
CACI stock moved 4.39% higher today as the company reported a 12.7% increase in quarterly net profit. Federal civilian revenue growth of 19.9% and a raised full-year revenue outlook of up to $9.5 billion served as primary signals. The $32.8 billion backlog remains a central indicator for future performance.