Booz Allen Hamilton Q1 FY25 10-Q Filed

Ticker: BAH · Form: 10-Q · Filed: Jul 26, 2024 · CIK: 1443646

Sentiment: neutral

Topics: 10-Q, quarterly-filing, financials

TL;DR

BAH Q1 FY25 10-Q is in. Check financials.

AI Summary

Booz Allen Hamilton Holding Corp filed its 10-Q for the period ending June 30, 2024. The filing covers the first quarter of their fiscal year 2025. Key financial data and operational details for this period are presented, reflecting the company's performance and strategic positioning.

Why It Matters

This filing provides investors and analysts with the latest financial performance data for Booz Allen Hamilton, crucial for understanding the company's trajectory in the consulting sector.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is June 30, 2024.

When was this 10-Q filing submitted to the SEC?

This 10-Q filing was submitted on July 26, 2024.

What is the fiscal year end for Booz Allen Hamilton Holding Corp?

The fiscal year end for Booz Allen Hamilton Holding Corp is March 31.

What is the Standard Industrial Classification code for Booz Allen Hamilton?

The Standard Industrial Classification code for Booz Allen Hamilton is 8742, for SERVICES-MANAGEMENT CONSULTING SERVICES.

What is the SEC file number for Booz Allen Hamilton Holding Corp?

The SEC file number for Booz Allen Hamilton Holding Corp is 001-34972.

Filing Stats: 4,443 words · 18 min read · ~15 pages · Grade level 16.8 · Accepted 2024-07-26 06:49:07

Filing Documents

Financial Information

PART I. Financial Information 1

Financial Statements

ITEM 1 Financial Statements 1

Management's Discussion and Analysis of Financial Condition and Results of Operations

ITEM 2 Management's Discussion and Analysis of Financial Condition and Results of Operations 21

Quantitative and Qualitative Disclosures About Market Risk

ITEM 3 Quantitative and Qualitative Disclosures About Market Risk 38

Controls and Procedures

ITEM 4 Controls and Procedures 38

Other Information

PART II. Other Information 39

Legal Proceedings

ITEM 1 Legal Proceedings 39

Risk Factors

ITEM 1A Risk Factors 39

Unregistered Sales of Equity Securities and Use of Proceeds

ITEM 2 Unregistered Sales of Equity Securities and Use of Proceeds 39

Defaults Upon Senior Securities

ITEM 3 Defaults Upon Senior Securities 40

Mine Safety Disclosures

ITEM 4 Mine Safety Disclosures 40

Other Information

ITEM 5 Other Information 40

Exhibits

ITEM 6 Exhibits 41 Table of Contents

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

. Financial Statements

Item 1 . Financial Statements INDEX TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Page Condensed Consolidated Balance Sheets 1 Condensed Consolidated Statements of Operations 2 Condensed Consolidated Statements of Comprehensive Income 3 Condensed Consolidated Statements of Cash Flows 4 Condensed Consolidated Statements of Stockholders' Equity 5 Notes to Unaudited Condensed Consolidated Financial Statements 6 1. Business Overview 6 2. Basis of Presentation 6 3. Revenue 7 4. Earnings Per Share 9 5. Acquisition , Goodwill and Intangible Assets 10 6. Accounts Payable and Other Accrued Expenses 11 7. Accrued Compensation and Benefits 11 8. Debt 12 9. Derivatives 14 10. Income Taxes 15 11. Employee Benefit Plans 15 12. Accumulated Other Comprehensive Income 16 13. Stock-Based Compensation 17 14. Fair Value Measurements 17 15. Commitments and Contingencies 19 Table of Contents BOOZ ALLEN HAMILTON HOLDING CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share and per share data) June 30, 2024 March 31, 2024 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 297,664 $ 554,257 Accounts receivable, net 2,281,581 2,047,342 Prepaid expenses and other current assets 121,440 137,310 Total current assets 2,700,685 2,738,909 Property and equipment, net of accumulated depreciation 185,529 188,279 Operating lease right-of-use assets 179,134 174,345 Intangible assets, net of accumulated amortization 621,942 601,043 Goodwill 2,394,109 2,343,789 Deferred tax assets 260,117 227,171 Other long-term assets 299,271 290,152 Total assets $ 6,640,787 $ 6,563,688 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt $ 72,188 $ 61,875 Accounts payable and other accrued expenses 1,138,961 1,050,670 Accrued compensation and benefits 407,427 506,130 Operating lease liabilities 47,340 43,187 Other current liabil

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