CACI International, Inc. (CACI) Stock Price & How to Invest
Short answer
CACI International (NYSE: CACI) is a Reston, Virginia defense and intelligence technology contractor whose revenue is heavily tied to US government and Department of Defense budgets, so investors typically weigh its long backlog and steady growth against its dependence on federal spending and its debt-funded acquisition strategy.
CACI stock price
As of 2026-07-08, CACI International, Inc. (CACI) last closed at $493.78, up 1.7% over the past year. Over the past 52 weeks it has traded between $443.26 and $662.19.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or CACI International, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does CACI International, Inc. (CACI) do?
CACI International provides expertise and technology to US government and allied customers, concentrated in national security, defense, and intelligence. Its work spans signals and geospatial intelligence, electronic warfare, secure communications, software and systems engineering, cyber, and enterprise IT modernization, and roughly the large majority of revenue comes from federal agencies (Department of Defense and the intelligence community). The March 2026 completion of the ~$2.6 billion all-cash ARKA Group acquisition pushed CACI further into space-based sensing, geospatial intelligence, and agentic AI software, adding about 1,100 employees including a large specialized software-engineering base.
The investment picture is one of a mature, defensive government-services compounder rather than a hypergrowth name. Revenue grew about 13% in fiscal 2025 (year ended June 2025) to roughly $8.6 billion and trailing revenue reached about $9.2 billion by the March 2026 quarter, supported by a total backlog near $33 billion that represents close to four years of revenue. Bulls point to margin mix shifting toward proprietary technology and software, a book-to-bill above 1x, and durable demand; skeptics point to reliance on federal budget cycles, contract recompete risk, and leverage taken on to fund deals like ARKA.
What's driving CACI International, Inc. (CACI)?
1. Long backlog and recurring government demand
CACI reported total backlog of roughly $33.4 billion as of March 2026, equal to nearly four years of revenue, with about 92% of revenue tied to existing programs. That visibility, plus a book-to-bill around 1.1x in fiscal 2025, gives the model unusual durability compared with cyclical commercial businesses.
2. Shift toward higher-margin technology and software
Management has steered the mix toward proprietary technology (signals intelligence, electronic warfare, secure communications, and software) rather than pure staffing. EBITDA margins in the low-to-mid teens and rising adjusted EPS reflect this shift, and the strategy is central to whether CACI can keep expanding profitability from a services base.
3. Acquisitions into space and agentic AI
The ~$2.6 billion ARKA Group deal, completed March 2026, added space-based sensors, geospatial intelligence, and agentic AI software aimed at national security customers. CACI has a long track record of acquiring and integrating government-technology businesses, and this capability is a core growth lever alongside organic contract wins.
4. Defense and intelligence budget tailwinds
Priorities such as space, cyber, electronic warfare, and AI-enabled intelligence align with areas of sustained or growing federal investment. CACI positions itself as a technology provider to these missions, which supports the case for mid-to-high single-digit organic growth if budgets hold.
What are the risks to CACI International, Inc. (CACI)?
CACI derives the large majority of revenue from the US government, so budget delays, continuing resolutions, shutdowns, or shifts in defense and intelligence priorities can directly pressure growth. A meaningful share of revenue rides on competitively recompeted contracts, and lost recompetes or protests can create lumpy results. The company uses debt to fund sizable acquisitions such as ARKA, so leverage, integration execution, and interest costs are real considerations. Margins can be affected by contract mix, transaction expenses, and labor cost inflation for cleared technical talent. Finally, the stock trades at a premium to some defense-services peers, so multiple compression is possible if growth or margins disappoint.
How is CACI International, Inc. (CACI) valued? (approximate, JULY 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see CACI International, Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$9.2B
- FY2026 revenue guidance: ~$9.5B to $9.6B
- Net income (FY2025): ~$500M
- Market cap: ~$11.1B
- P/E (trailing): ~25x
- Total backlog: ~$33.4B
Trailing revenue was about $9.2 billion as of the March 2026 quarter, up from roughly $8.6 billion in fiscal 2025 (year ended June 2025), and management guided fiscal 2026 revenue toward $9.5 billion to $9.6 billion. As of early July 2026 the market capitalization was near $11 billion at a share price around $500, a trailing P/E near 25x and a forward P/E closer to 20x, reflecting a premium typical of scaled, backlog-rich defense-technology contractors.
Who competes with CACI International, Inc. (CACI)?
Defense IT and services primes
Leidos, Science Applications International (SAIC), Booz Allen Hamilton, and Peraton compete directly for large federal technology, engineering, and mission-services contracts, and often bid against CACI on recompetes.
Specialized technology and intelligence contractors
Firms focused on signals and geospatial intelligence, electronic warfare, and space, including parts of L3Harris and smaller cleared-technology providers, overlap with CACI's higher-margin proprietary technology work.
Broad government-services and IT firms
Diversified providers such as General Dynamics IT (GDIT), Accenture Federal, and legacy IT integrators compete on enterprise modernization, cloud, and cyber programs across civilian and defense agencies.
How to invest in CACI International, Inc. (CACI)
There are three common ways to get CACI exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so CACI sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where CACI fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on CACI International, Inc. (CACI)
CACI is a scaled, backlog-rich government-technology contractor whose story hinges on continued defense and intelligence spending, margin expansion toward higher-value software and space work, and disciplined integration of large acquisitions.
More on CACI International, Inc. (CACI)
Whether CACI is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is CACI a buy?, and where the stock could go from here in the CACI stock forecast.
For income investors, whether CACI pays a dividend and how the payout looks is covered in does CACI pay a dividend?
Build a basket around CACI with Walnut
Use CACI International, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does CACI International do?
+
CACI provides technology and expertise mainly to US government customers in defense and intelligence, including signals and geospatial intelligence, electronic warfare, secure communications, software and systems engineering, cyber, and enterprise IT modernization.
How does CACI make money?
+
It earns revenue almost entirely from contracts with US federal agencies, primarily the Department of Defense and the intelligence community, delivered as a mix of proprietary technology (products and software) and expertise-based services.
Is CACI a defense stock?
+
Yes, CACI is generally viewed as a defense and government-services stock because the large majority of its revenue comes from national security, defense, and intelligence customers, making it sensitive to US defense budgets.
How big is CACI's backlog?
+
CACI reported total backlog of roughly $33.4 billion as of March 2026, which management has described as close to four years of revenue, giving the business substantial visibility into future work.
What was the ARKA Group acquisition?
+
In March 2026, CACI completed a roughly $2.6 billion all-cash acquisition of ARKA Group, expanding into space-based sensing, geospatial intelligence, and agentic AI software and adding about 1,100 employees.
Who are CACI's main competitors?
+
Direct competitors include defense and IT-services primes such as Leidos, SAIC, Booz Allen Hamilton, Peraton, and General Dynamics IT, along with specialized intelligence and space-technology contractors.
How fast is CACI growing?
+
Revenue grew about 13% in fiscal 2025 to roughly $8.6 billion, and management guided fiscal 2026 revenue toward $9.5 billion to $9.6 billion, reflecting a blend of organic contract wins and acquisitions like ARKA.
What are the main risks for CACI?
+
Key risks include heavy dependence on US government budgets and appropriations, contract recompete and protest risk, integration and leverage tied to large acquisitions, cost pressure for cleared talent, and a valuation premium that could compress if growth slows.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with CACI International, Inc.'s investor relations page or your broker before making investment decisions.