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Total Headcount
Tracks the number of employees, which in a labor-driven firm determines delivery capacity, utilization potential, and cost structure. Rapid hiring can support growth but may pressure margins if utilization or billing rates don’t keep pace.Headcount peaked through 2023–24 then fell steadily from mid‑2025 — a deliberate reweighting rather than broad contraction: management cites Civil contract roll‑offs and hiring constraints, even as they deploy capital into cyber/defense M&A and record funded backlog. The cuts have bolstered margins and cash flow, but persistent DSO and the need for cleared hires create execution risk: if the company can’t re‑staff critical cleared roles quickly, back‑half growth from National Security and new acquisitions may be harder to realize.
Date | Total Headcount |
|---|---|
Jun 30, 2026 | 30.90K |
Mar 31, 2026 | 31.50K |
Dec 31, 2025 | 31.60K |
Sep 30, 2025 | 32.50K |
Jun 30, 2025 | 33.40K |
Mar 31, 2025 | 35.80K |
Dec 31, 2024 | 35.90K |
Sep 30, 2024 | 35.80K |
Jun 30, 2024 | 35.10K |
Mar 31, 2024 | 34.23K |