DLH Holdings Corp.(DLHC)Stock Analysis
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Rank #2,293 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
DLHC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for DLH Holdings Corp. (DLHC), a Industrials sector company. 13F Pro's AI-powered ranking engine scores DLHC at 32.0/100 on a 32-signal composite quality model, placing it at rank #2,293 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (7.8) and institutional flow (19.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), DLH Holdings Corp. reports quarterly revenue of $59.3M, net income of $-2.5M, an operating margin of -0.1%. Top institutional holders of DLHC by reported 13-F value include WYNNEFIELD CAPITAL, Mink Brook Asset Management, Minerva Advisors, based on the most recent SEC filings. DLHC trades on the Nasdaq exchange and files with the SEC under CIK 785557. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DLHC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DLH Holdings Corp. directly from SEC EDGAR. DLH Holdings Corp.'s 13F Pro composite quality score has ranged between 32 and 58 since 2022, currently 32.0 — a declining long-term trajectory across 24 quarterly and live scoring snapshots.
Revenue
Q2 2026
$59.3M
Net Income
Q2 2026
$-2.5M
Free Cash Flow
Q2 2026
$3.8M
Operating Margin
Q2 2026
-0.1%
ROIC
Q2 2026
-0.0%
D/E Ratio
Q2 2026
1.35
AI Insight: DLHC Financial Trends
Revenue has collapsed 42% from $101M in Q2 2024 to $59M in Q1 2026, with operating income turning negative — a severe and accelerating deterioration.
• Revenue declined eight consecutive quarters, falling from $101M in Q2 2024 to $59M in Q1 2026, a 42% cumulative drop.
• Operating income eroded from $6M in Q2 2024 to effectively $0M in Q1 2026, signaling margin near-collapse.
• Total debt declined from $190M peak in Q4 2024 to $149M in Q1 2026, a modest deleveraging trend.
• Operating cash flow remained positive in Q1 2026 at $4M, though Q4 2025 again turned negative at -$5M.
⚠ Revenue run-rate at $59M in Q1 2026 may no longer support debt service on $149M total debt — solvency risk rising.
⚠ Equity declined to $110M in Q1 2026 from $114M peak — first erosion, watch for further book-value deterioration.
⚠ Recurring negative operating cash flow in Q4 quarters (Q4 2024: -$12M; Q4 2025: -$5M) warrants close monitoring.
AI Insight: DLHC Ratio Trends
DLHC's operating margin collapsed to -0.1% in Q1 2026, erasing profitability gained across 2024 and signaling a sharp operational deterioration.
• Operating margin fell from a peak of 6.6% in Q3 2024 to -0.1% in Q1 2026 — a 670bp decline over five quarters.
• ROIC tracked margin lower, dropping from 9.4% in Q3 2024 to -0.1% in Q1 2026, destroying returns on invested capital.
• D/E ratio declined from 1.70 in Q4 2024 to 1.20 in Q3 2025 before ticking back to 1.35, suggesting modest but incomplete deleveraging.
⚠ Q1 2026 operating margin turned negative (-0.1%) for the first time in the dataset — monitor whether this reflects a one-off or structural shift.
⚠ TTM ROIC of 2.9% vs. Q1 2026 quarterly ROIC of -0.1% suggests deterioration is accelerating beyond trailing averages.
⚠ D/E remains elevated at 1.35 while profitability vanishes — rising leverage risk if negative margins persist.
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Available Research
13F Pro tracks comprehensive data for DLH Holdings Corp. including:
Top Institutional Holders of DLHC
WYNNEFIELD CAPITAL INC
$21.4M3,681,421 shMink Brook Asset Management LLC
$15.6M2,677,517 shMinerva Advisors LLC
$6.5M1,113,037 shVANGUARD CAPITAL MANAGEMENT LLC
$2.6M441,468 shDIMENSIONAL FUND ADVISORS LP
$1.4M247,165 shRBF Capital, LLC
$1.3M220,000 shRENAISSANCE TECHNOLOGIES LLC
$1.1M193,564 shGEODE CAPITAL MANAGEMENT, LLC
$806.2K138,494 shNorth Star Investment Management Corp.
$785.7K135,000 shUS BANCORP \DE\
$666.5K114,526 sh
| Fund | Value | Shares |
|---|---|---|
| WYNNEFIELD CAPITAL INC | $21.4M | 3,681,421 |
| Mink Brook Asset Management LLC | $15.6M | 2,677,517 |
| Minerva Advisors LLC | $6.5M | 1,113,037 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.6M | 441,468 |
| DIMENSIONAL FUND ADVISORS LP | $1.4M | 247,165 |
| RBF Capital, LLC | $1.3M | 220,000 |
| RENAISSANCE TECHNOLOGIES LLC | $1.1M | 193,564 |
| GEODE CAPITAL MANAGEMENT, LLC | $806.2K | 138,494 |
| North Star Investment Management Corp. | $785.7K | 135,000 |
| US BANCORP \DE\ | $666.5K | 114,526 |
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Popular Research
Is DLHC a good stock to buy?
13F Pro's AI-powered analysis of DLH Holdings Corp. (DLHC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DLHC are available on the DLHC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own DLHC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DLHC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of DLH Holdings Corp.'s investment landscape.