---
schema_version: "secwatch.filing_event.v1"
accession: "0000785557-25-000047"
form_type: "8-K"
ticker: "DLHC"
cik: "0000785557"
company_name: "DLH Holdings Corp."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T09:51:32.295931+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DLH Q2 revenue falls to $89.2M (-12% YoY); net income halves to $0.06 EPS

## Summary
- Revenue $89.2M vs $101.0M YoY; net income $0.9M ($0.06 diluted EPS) down from $1.8M ($0.12).
- EBITDA $9.4M (10.5% margin) vs $10.2M; operating cash flow $14.5M drove $15.3M debt reduction.
- Total debt $151.7M, down from $167.0M Dec 2024; all mandatory amortizations through Dec 2025 satisfied.
- Backlog $646.9M; over $1.0B in new proposals pending evaluation; bid activity accelerating.
- CEO cites neutral-to-positive policy impact; expects growth opportunities in FY2026.

## SEC filing metadata
- accession: 0000785557-25-000047
- form_type: 8-K
- ticker: DLHC
- cik: 0000785557
- company_name: DLH Holdings Corp.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/785557/000078555725000047/0000785557-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/785557/000078555725000047/dlhc-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000785557-25-000047
- JSON: https://secwatch.observer/filing/0000785557-25-000047.json
- Plain text: https://secwatch.observer/filing/0000785557-25-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.