What Are DLH Holdings Corp.'s Key Financial Figures?
| Fiscal year | FY2025 ended September 30, 2025 | FY2024 ended September 30, 2024 | FY2023 ended September 30, 2023 | FY2022 ended September 30, 2022 |
|---|---|---|---|---|
| Revenue | $344 million | $396 million | $376 million | $395 million |
| Operating income | $17 million | $25 million | $17 million | $33 million |
| Operating margin | 4.9% | 6.3% | 4.5% | 8.4% |
| Net income | $1 million | $7 million | $1 million | $23 million |
| Net margin | 0.4% | 1.9% | 0.4% | 5.9% |
| Operating cash flow | $23 million | $27 million | $31 million | $1 million |
| Capital expenditures | $241,000 | $836,000 | $625,000 | $872,000 |
| Free cash flow | $23 million | $27 million | $30 million | $371,000 |
Operating margin narrowed by 1.4 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $23 million against net income of $1 million; cash generation covered reported earnings.
What Does DLH Holdings Corp.'s Balance Sheet Show?
| Cash and cash equivalents | $125,000 |
|---|---|
| Long-term debt | $120 million |
| Total assets | $291 million |
| Total liabilities | $178 million |
| Shareholders' equity | $113 million |
| Current ratio | 1.0x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value DLH Holdings Corp. reported in its own SEC filings, read from the SEC's XBRL data (accession 0000785557-25-000159 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was DLH Holdings Corp.'s revenue in fiscal 2025?
DLH Holdings Corp. reported revenue of $344 million for the fiscal year ended September 30, 2025, according to its SEC filings.
What is DLH Holdings Corp.'s operating margin?
DLH Holdings Corp.'s operating margin was 4.9% in fiscal 2025: operating income of $17 million on revenue of $344 million.
How much free cash flow did DLH Holdings Corp. generate?
Operating cash flow of $23 million less capital expenditures of $241,000 gives free cash flow of $23 million for fiscal 2025.