Booz Allen Q3 revenue falls 10.2% to $2.6 billion; adjusted EPS rises 14.2% to $1.77
Booz Allen reported fiscal third-quarter 2026 results for the quarter ended December 31, 2025, with revenue down 10.2% year over year to $2.6 billion. The company said revenue fell about 6% excluding the impact of the government shutdown, while adjusted diluted EPS rose 14.2% to $1.77. It raised its fiscal 2026 adjusted diluted EPS guidance but lowered its free cash flow guidance, so the results point in different directions for shareholders.
Key points
- Revenue was $2.6 billion, down 10.2% from $2.9 billion a year earlier; adjusted EBITDA was $285 million, down 14.2%, with a 10.9% margin.
- Adjusted diluted EPS was $1.77, up 14.2% from $1.55; GAAP diluted EPS was $1.63, up 12.4% from $1.45.
- Fiscal 2026 adjusted diluted EPS guidance was raised to $5.95 to $6.15 from $5.45 to $5.65.
- Fiscal 2026 free cash flow guidance was lowered to $825 million to $900 million from $850 million to $950 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.