DLH net loss turns to $16.8 million in FY26 Q3; revenue drops 46.9% to $44.2 million

• DLH posted fiscal Q3 revenue of $44.2 million, down 46.9% year over year as legacy programs shifted to small-business set-aside contractors.
• Net loss widened to $16.8 million from profit a year earlier, reflecting a $10.4 million valuation allowance against deferred tax assets.
• Operating results swung to a $3.9 million loss from operating income a year earlier; GAAP diluted loss per share was $1.16.
• Adjusted EBITDA fell 58% to $3.4 million, with margin narrowing 2.1 percentage points to 7.6%.
• Debt eased to $128.7 million, backlog dropped 20.6% to $408.5 million; Kathryn JohnBull became CEO, Steve Oroho was named CFO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DLH Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-050624), on July 29, 2026, and is solely responsible for the information contained therein.