---
schema_version: "secwatch.filing_event.v1"
accession: "0000785557-26-000011"
form_type: "8-K"
ticker: "DLHC"
cik: "0000785557"
company_name: "DLH Holdings Corp."
filed_at: "2026-02-09T23:59:59+00:00"
generated_at: "2026-05-16T03:59:06.420355+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DLH Q1 revenue down 24% to $68.9M; net loss $1.3M, adjusted EBITDA $6.5M

## Summary
- Revenue $68.9M, down 24.1% YoY; net loss $1.3M vs income $1.1M; diluted EPS $(0.09).
- Adjusted EBITDA $6.5M (9.5% margin) vs $9.9M (11% margin) prior year, down 34.3%.
- Operating cash use improved to $(4.8)M from $(11.5)M; debt rose to $136.6M from $131.6M.
- Legacy program transitions to small-business contractors cited as main revenue headwind.
- Management rightsizing cost structure; expects delevering through FY2026 operating cash flow.

## SEC filing metadata
- accession: 0000785557-26-000011
- form_type: 8-K
- ticker: DLHC
- cik: 0000785557
- company_name: DLH Holdings Corp.
- filed_at: 2026-02-09T23:59:59+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/785557/000078555726000011/0000785557-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/785557/000078555726000011/dlhc-20260209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000785557-26-000011
- JSON: https://secwatch.observer/filing/0000785557-26-000011.json
- Plain text: https://secwatch.observer/filing/0000785557-26-000011.txt

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