On this page of StockholderLetter.com we present the latest annual shareholder letter from CACI INTERNATIONAL INC /DE/ — ticker symbol CACI. Reading current and past CACI letters to shareholders can bring important insights into the investment thesis.

 •  9/5/2025 Letter Continued (Full PDF)
 •  9/8/2023 CACI Stockholder Letter
 •  9/6/2024 CACI Stockholder Letter
 •  More "Business Services & Equipment" Category Stockholder Letters
 •  CACI Benford's Law Stock Score = 69

CACI Shareholder/Stockholder Letter Transcript:

Expertise and Technology
for National Security
Fiscal year 2025 annual report
a

Table of contents
Letter to shareholders ................................................................................................... 2
Our performance .............................................................................................................4
Our business in action....................................................................................................6
Our people .........................................................................................................................9
Our Board of Directors.................................................................................................10
About CACI ...................................................................................................................... 12
Reconciliation of Non-GAAP measures .................................................................. 14
CACI FY 2025 annual report
1

Letter to shareholders
To our fellow CACI shareholders,
Fiscal Year (FY) 2025 was another fantastic year for CACI. We again
delivered double-digit revenue growth, strong margins, and healthy cash
flow. We won $10 billion in contract awards, completed three strategic
acquisitions, and repurchased $150 million of stock     all enabling us to
continue driving long-term shareholder value. Our investment in our
talented employees was again recognized by Fortune and Forbes, naming
CACI a    World   s Most Admired Company    and    Best Employer    across
multiple categories. Finally, CACI was named a Fortune 500 company,
a prestigious recognition of our impressive financial results.
CACI   s strong, consistent performance is the result of deliberate,
purposeful actions taken over many years through the successful
execution of our strategy. We continue to be focused on enduring and
well-funded national security priorities, investing ahead of customer
need, leveraging software to deliver high-value capabilities faster and
more efficiently, and building an industry-leading business development
team that pursues and shapes the right opportunities for CACI to win.
$10B
12.6%
CONTRACT AWARDS
REVENUE GROWTH
Strong, consistent performance
Focused on enduring and
well-funded national security priorities
John S. Mengucci
President and
Chief Executive Officer
CACI International Inc
Resilient in dynamic environments
Our customers want and need to move faster     and CACI is helping them
do just that.
We   ve built CACI to be resilient in dynamic environments, we   ve
strengthened our foundation for continued growth in FY26 and beyond,
and we   ve positioned CACI to successfully achieve our three-year financial
targets. I want to thank our employees for how they contribute to the
success of our company and our nation. I want to thank our customers for
their confidence in us. And I want to thank you, our fellow shareholders,
for your continued support of CACI.
2 | CACI FY 2025 annual report
3

Our performance
Revenues
Net income
($M)
8,628
6,044
6,203
6,703
7,660
Diluted EPS
($M)
22.32
500
457
420
367
Shareholders    equity

3,518
15.49
3,054
16.43
(in thousands, except per share data and percentages)
3,894
18.60
18.30
385
Income statement data
($M)
Year ended June 30
3,224
2025
% Change
$8,627,824
12.6%
$7,659,832
$764,185
17.6%
$649,708
$499,830
19.0%
$419,924
Diluted earnings per share
$22.32
20.0%
$18.60
Weighted-average diluted shares
22,393
Revenues
2,665
Operating income
Net income
21
22
23
24
25
21
22
23
24
25
21
22
23
24
25
21
22
23
24
2024
22,573
Balance sheet data
25
(in thousands, except percentages)
Year ended June 30
Total assets
Working capital
EBITDA1
Adjusted net income 1
($M)
967
669
638
716
798
($M)
Adjusted Diluted EPS 1
422
441
475
21.05
20.29
17.81
Shareholders    equity
($M)
442
24
25
4 | CACI FY 2025 annual report
21
22
23
24
25
21
22
23
24
27.2%
$6,796,101
$571,839
93.0%
$296,269
$3,893,945
10.7%
$3,518,207
There are statements made herein which reflect our intent, belief, or current expectations
and do not address historical facts. Such statements could be interpreted to be forwardlooking statements within the meaning of federal securities laws.
1
23
$8,647,598
Please refer to CACI   s Annual Report on Form 10-K as well as other filings with the SEC
for a description of the substantial risks and uncertainties related to the forward-looking
statements included herein.
282
22
2024
537
18.83
384
21
% Change
695
26.48
593
507
Free cash flow 1

2025
25
21
22
23
24
25
This non-GAAP (generally accepted accounting principles) measure should not be
considered in isolation or as a substitute for measures prepared in accordance with GAAP.
For additional information regarding this non-GAAP measure, see the related explanation
and reconciliation to the GAAP measure on page 14 of this Annual Report.
5

Our business in action
U.S. operations
CACI   s FY25 success reflects more than just strength. It reflects a business that is
built to adapt, endure, and grow in the face of change. Our resilience isn   t reactive, it   s
intentional. By anticipating market shifts, making well-informed investments ahead of
need, and accelerating innovative solutions, we have delivered consistent, high-value
performance in an increasingly dynamic landscape. We advanced our positions in
support of electromagnetic spectrum dominance and software-enabled modernization,
while delivering the scalability, speed, efficiency, and lethality our customers demand.
FY25 highlights

Continued delivering the Terrestrial Layer System Brigade Combat Team Manpack
(TLS BCT Manpack)     an integrated signals intelligence and electronic warfare
system     to dismounted soldiers in record time, giving the Army a decisive tactical edge
across multi-domain operations. This program received a $400 million ceiling increase,
now representing a half-billion-dollar program.

Equipped our forces with proven, ready-now counter-unmanned systems (C-UxS)
technology     backed by decades of expertise and early investment     to defeat
UxS threats of all levels across the electromagnetic spectrum.

Continued modernizing the U.S. Army   s Secure Internet Protocol Network by including
the use of Archon, a CACI commercial technology that redefines how our soldiers work
in classified environments. Our other large network modernization programs are also
progressing well and we continue to see additional opportunities in our pipeline.

Began deploying enterprise-wide automation on NASA   s Consolidated Applications and
Platform Services (NCAPS) program, consolidating more than 200 applications into a
single Agile-at-scale delivery model while meeting all key system availability metrics.
830,000 1.1M
AIRMEN AND GUARDIANS SUPPORTED
BY EITaaS ENTERPRISE SERVICE DESK
UNIQUE USERS ON IPPS-A
3,000+ 1,000+
UNIQUE C-UxS THREATS IDENTIFIED
SOFTWARE DEPLOYMENTS USING AGILE
METHODOLOGIES; 33% YOY INCREASE
Looking to FY26 and beyond
We enter FY26 with confidence. Our strong performance is not by accident. It is
the culmination of years of purposeful strategy, well-aligned to the speed, agility,
and mission knowledge our customers and nation demand. CACI isn   t just reacting
to change; we are shaping it. That   s how we continue to drive results, build resilience,
and ensure our nation   s security.
6 | CACI FY 2025 annual report
7

9/5/2025 Letter Continued (Full PDF)

 

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