---
schema_version: "secwatch.filing_event.v1"
accession: "0000785557-25-000161"
form_type: "8-K"
ticker: "DLHC"
cik: "0000785557"
company_name: "DLH Holdings Corp."
filed_at: "2025-12-10T23:59:59+00:00"
generated_at: "2026-05-16T13:43:03.307052+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DLH Q4 revenue falls 15.8% YoY to $81.2M; net loss $0.9M vs income $2.3M

## Summary
- Revenue $81.2M (-15.8% YoY); net loss $(0.9)M vs profit $2.3M; diluted EPS $(0.06) vs $0.16.
- EBITDA $6.6M (-38.3% YoY); margin 8.1% vs 11.1%; free cash flow $10.7M.
- Debt reduced to $131.6M from $154.6M (-14.9%) as deleveraging continues.
- Backlog $514.3M (-25.5% from $690.3M); National Security contracts grew 8.8% in Q4.
- CEO cites near-term market headwinds impacting revenue; investing in AI and cyber opportunities.

## SEC filing metadata
- accession: 0000785557-25-000161
- form_type: 8-K
- ticker: DLHC
- cik: 0000785557
- company_name: DLH Holdings Corp.
- filed_at: 2025-12-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/785557/000078555725000161/0000785557-25-000161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/785557/000078555725000161/dlhc-20251210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000785557-25-000161
- JSON: https://secwatch.observer/filing/0000785557-25-000161.json
- Plain text: https://secwatch.observer/filing/0000785557-25-000161.txt

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