AI brief of an SEC Form 8-K · DLH Holdings Corp. (DLHC)

DLH posts $16.8 million Q3 loss as revenue falls 46.9% to $44.2 million

Negative Impact 4 of 5 earnings Written later

DLH Holdings reported fiscal third-quarter results for the quarter ended June 30, 2026, with revenue of $44.2 million, down 46.9% from $83.3 million a year earlier, as legacy programs transitioned to small-business set-aside contractors. The company posted a net loss of $16.8 million, or $1.16 per diluted share, including a $10.4 million valuation allowance against deferred tax assets, and Adjusted EBITDA fell to $3.4 million from $8.1 million. Management also changed, with Kathryn JohnBull named President and CEO and Steve Oroho named CFO and Treasurer.

Key points

  • Revenue was $44.2 million versus $83.3 million a year earlier, a 46.9% decline.
  • Net loss was $16.8 million, or $1.16 per diluted share, compared with net income of $0.3 million a year earlier; the result includes a $10.4 million valuation allowance on deferred tax assets.
  • Debt was $128.7 million at June 30, 2026, down from $132.7 million at the end of the second quarter; backlog was $408.5 million, down from $514.3 million at September 30, 2025.
  • Kathryn JohnBull was named President and CEO following Zach Parker's retirement, and Steve Oroho was named CFO and Treasurer.

The filing

CompanyDLH Holdings Corp. (DLHC)
Form8-K, current report
Filed with the SECJul 29, 2026, 4:16 PM ET
Accession number0001628280-26-050624

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing 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 July 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.