Booz Allen Hamilton Q2 FY25 10-Q Filing

Ticker: BAH · Form: 10-Q · Filed: Oct 25, 2024 · CIK: 1443646

Sentiment: neutral

Topics: 10-Q, financials, reporting

TL;DR

BAH 10-Q filed. Q2 FY25 results out. Check financials.

AI Summary

Booz Allen Hamilton Holding Corp filed its 10-Q for the period ending September 30, 2024. The company reported financial results for the second quarter and first half of fiscal year 2025. Key financial data and operational updates are detailed within the filing.

Why It Matters

This filing provides investors with the latest financial performance and operational details for Booz Allen Hamilton, crucial for understanding the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing (10-Q) and does not inherently present new risks beyond those typically associated with public company operations.

Key Numbers

Key Players & Entities

FAQ

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

The reporting period for this 10-Q filing is the quarter ended September 30, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on October 25, 2024.

What is the company's fiscal year end?

Booz Allen Hamilton Holding Corp's fiscal year ends on March 31.

What is the company's primary business classification?

The company is classified under SERVICES-MANAGEMENT CONSULTING SERVICES with SIC code 8742.

What is the company's SEC file number?

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

Filing Stats: 4,568 words · 18 min read · ~15 pages · Grade level 16.6 · Accepted 2024-10-25 06:48:15

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 22

Quantitative and Qualitative Disclosures About Market Risk

ITEM 3 Quantitative and Qualitative Disclosures About Market Risk 41

Controls and Procedures

ITEM 4 Controls and Procedures 41

Other Information

PART II. Other Information 42

Legal Proceedings

ITEM 1 Legal Proceedings 42

Risk Factors

ITEM 1A Risk Factors 42

Unregistered Sales of Equity Securities and Use of Proceeds

ITEM 2 Unregistered Sales of Equity Securities and Use of Proceeds 42

Defaults Upon Senior Securities

ITEM 3 Defaults Upon Senior Securities 42

Mine Safety Disclosures

ITEM 4 Mine Safety Disclosures 42

Other Information

ITEM 5 Other Information 42

Exhibits

ITEM 6 Exhibits 43 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 7 1. Business Overview 7 2. Basis of Presentation 7 3. Revenue 8 4. Earnings Per Share 10 5. Acquisition, Goodwill and Intangible Assets 11 6. Accounts Payable and Other Accrued Expenses 12 7. Accrued Compensation and Benefits 12 8. Debt 13 9. Derivatives 15 10. Income Taxes 16 11. Employee Benefit Plans 16 12. Accumulated Other Comprehensive Income / (Loss) 17 13. Stock-Based Compensation 18 14. Fair Value Measurements 18 15. Commitments and Contingencies 20 Table of Contents BOOZ ALLEN HAMILTON HOLDING CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share and per share data) September 30, 2024 March 31, 2024 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 558,724 $ 554,257 Accounts receivable, net 2,225,358 2,047,342 Prepaid expenses and other current assets 132,941 137,310 Total current assets 2,917,023 2,738,909 Property and equipment, net of accumulated depreciation 181,142 188,279 Operating lease right-of-use assets 171,076 174,345 Intangible assets, net of accumulated amortization 598,486 601,043 Goodwill 2,404,937 2,343,789 Deferred tax assets 293,273 227,171 Other long-term assets 312,437 290,152 Total assets $ 6,878,374 $ 6,563,688 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt $ 82,500 $ 61,875 Accounts payable and other accrued expenses 1,025,043 1,050,670 Accrued compensation and benefits 680,497 506,130 Operating lease liabilities 46,725 43,187 Other

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