Earnings release
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Booz | Allen | HamiltonⓇ BOOZ ALLEN HAMILTON ANNOUNCES SECOND QUARTER FISCAL 2022 RESULTS + Company Delivers Revenue Increase of 4.3 percent over the Prior Year Period to $ 2.1 billion , and Revenue , Excluding Billable Expenses¹ Growth of 3.6 percent + Strong Bottom - Line Performance Across Adjusted EBITDA Margin¹ , Adjusted Diluted Earnings per Share¹ , and Operating Cash Flow + Diluted Earnings Per Share of $ 1.14 and Adjusted Diluted Earnings Per Share¹ of $ 1.26 + 18.0 percent Increase in Total Backlog to $ 29.0 billion ; Book - to - Bill of 2.03x + 5.8 percent Year - Over - Year Headcount Growth and 2.3 percent Headcount Growth Since Prior Quarter + Quarterly Dividend of $ 0.37 per Share " Booz Allen is focused on velocity , leadership , and technology as we continue to help clients transform their most critical missions . Our strong second - quarter performance creates momentum that will allow us to accelerate through the rest of this fiscal year and beyond . The team delivered solid revenue growth , excellent bottom - line results , and strong progress on hiring that positions us for continued success . 11 HORACIO ROZANSKI President and Chief Executive Officer McLean , Virginia ; October 29 , 2021 - Booz Allen Hamilton Holding Corporation ( NYSE : BAH ) , the parent company of management and technology consulting and engineering services firm Booz Allen Hamilton Inc. , today announced preliminary results for the second quarter of fiscal 2022 . In the second quarter of fiscal 2022 , the Company delivered strong overall performance , with excellent Adjusted EBITDA¹ margins , Adjusted Diluted EPS¹ , headcount growth , and quarterly backlog growth , positioning the Company for a strong second half and full fiscal year top line acceleration . On September 13 , 2021 , the Company announced it had completed the acquisition of Tracepoint , a leading digital forensics and incident response company , after making an initial strategic investment in Tracepoint in December 2020. This transaction is aligned with the Company's broader capital deployment strategy to accelerate advancement in critical technology areas such as cybersecurity . The Company reported the following second quarter fiscal 2022 results as compared to second quarter fiscal 2021 : quarterly revenue growth of 4.3 percent and a 3.6 percent quarterly increase in Revenue , Excluding Billable Expenses¹ ; Net Income increased by 13.8 percent to $ 154.8 million , and Adjusted Net Income¹ increased by 18.6 percent to $ 170.2 million ; Adjusted EBITDA¹ increased 18.1 percent to $ 269.6 million ; Adjusted EBITDA Margin on Revenue¹ was 12.8 percent ; and Diluted EPS was $ 1.14 , up $ 0.16 or 16.3 percent , while Adjusted Diluted EPS¹ was $ 1.26 , up $ 0.23 or 22.3 percent . Compared to second quarter of fiscal 2021 , in second quarter of fiscal 2022 total backlog increased by 18.0 percent to $ 29.0 billion and the quarterly book - to - bill ratio was 2.03x . As of September 30 , 2021 , total headcount was 1,590 higher than at the end of the prior year period , an increase of 5.8 percent , and 670 higher than the end of the prior quarter . FINANCIAL SUMMARY Second quarter ended September 30 , 2021 - A summary of Booz Allen's results for the second quarter of fiscal 2022 is below . All comparisons are to the prior year period . A description of key drivers can be found in the Company's Earnings Call Presentation for the second quarter posted on investors.boozallen.com . SECOND QUARTER FY22 ( changes are compared to prior fiscal year period ) REVENUE : $ 2.11B EX . BILLABLE EXPENSES¹ : $ 1.47B +4.3 % +3.6 % OPERATING INCOME : $ 218.4M ADJ . OPERATING INCOME¹ : $ 243.9M EBITDA : $ 256.0M ADJUSTED EBITDA¹ : $ 269.6M +5.4 % +17.6 % NET INCOME : $ 154.8M ADJUSTED NET INCOME¹ : $ 170.2M +13.8 % +18.6 % +12.2 % +18.1 % DILUTED EPS : $ 1.14 up from $ 0.98 ADJUSTED DILUTED EPS¹ : $ 1.26 up from $ 1.03 1