Fri, Jul 26, 10:50 AM (43 days ago)
Booz Allen Hamilton's Q1 FY2025 report shows a 10.8% revenue increase to $2.94 billion, driven by strong demand and headcount growth. Operating income rose 8.9% to $255.2 million, though operating margin slightly decreased to 8.7%. Net income was $165.2 million, up 2.4% from the prior year. Key financial metrics include a 16.3% rise in billable expenses to $945 million and a 4.9% increase in general and administrative expenses to $329.3 million. Cash flow from operations improved to $52.1 million from a negative $71.5 million. The acquisition of PAR Government Systems Corporation for $94.8 million impacted investing cash flow. The company maintains strong liquidity with $1.3 billion, including $297.7 million in cash and $998.3 million in revolving credit.