XML 39 R27.htm IDEA: XBRL DOCUMENT v3.25.1
Revenues and Contract Balances (Tables)
9 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenues
Disaggregated revenues by contract type were as follows (in thousands):
Three Months Ended March 31, 2025Nine Months Ended March 31, 2025
DomesticInternationalTotalDomesticInternationalTotal
Cost-plus-fee$1,316,805 $— $1,316,805 $3,837,028 $— $3,837,028 
Fixed-price533,735 39,729 573,464 1,537,759 113,820 1,651,579 
Time-and-materials254,580 22,133 276,713 765,810 69,263 835,073 
Total$2,105,120 $61,862 $2,166,982 $6,140,597 $183,083 $6,323,680 
Three Months Ended March 31, 2024Nine Months Ended March 31, 2024
DomesticInternationalTotalDomesticInternationalTotal
Cost-plus-fee$1,174,219 $— $1,174,219 $3,411,128 $— $3,411,128 
Fixed-price484,980 36,007 520,987 1,437,282 105,326 1,542,608 
Time-and-materials218,787 23,463 242,250 604,752 63,049 667,801 
Total$1,877,986 $59,470 $1,937,456 $5,453,162 $168,375 $5,621,537 
Disaggregated revenues by customer type were as follows (in thousands):
Three Months Ended March 31, 2025Nine Months Ended March 31, 2025
DomesticInternationalTotalDomesticInternationalTotal
Department of Defense$1,652,206 $— $1,652,206 $4,765,472 $— $4,765,472 
Federal civilian agencies431,453 — 431,453 1,304,515 — 1,304,515 
Commercial and other21,461 61,862 83,323 70,610 183,083 253,693 
Total$2,105,120 $61,862 $2,166,982 $6,140,597 $183,083 $6,323,680 
Three Months Ended March 31, 2024Nine Months Ended March 31, 2024
DomesticInternationalTotalDomesticInternationalTotal
Department of Defense$1,452,264 $— $1,452,264 $4,163,079 $— $4,163,079 
Federal civilian agencies381,214 — 381,214 1,178,500 — 1,178,500 
Commercial and other44,508 59,470 103,978 111,583 168,375 279,958 
Total$1,877,986 $59,470 $1,937,456 $5,453,162 $168,375 $5,621,537 
Disaggregated revenues by prime vs. subcontractor were as follows (in thousands):
Three Months Ended March 31, 2025Nine Months Ended March 31, 2025
DomesticInternationalTotalDomesticInternationalTotal
Prime contractor$1,900,648 $55,105 $1,955,753 $5,535,517 $162,753 $5,698,270 
Subcontractor204,472 6,757 211,229 605,080 20,330 625,410 
Total$2,105,120 $61,862 $2,166,982 $6,140,597 $183,083 $6,323,680 
Three Months Ended March 31, 2024Nine Months Ended March 31, 2024
DomesticInternationalTotalDomesticInternationalTotal
Prime contractor$1,689,140 $52,637 $1,741,777 $4,878,820 $148,696 $5,027,516 
Subcontractor188,846 6,833 195,679 574,342 19,679 594,021 
Total$1,877,986 $59,470 $1,937,456 $5,453,162 $168,375 $5,621,537 
Disaggregated revenues by expertise or technology were as follows (in thousands):
Three Months Ended March 31, 2025Nine Months Ended March 31, 2025
DomesticInternationalTotalDomesticInternationalTotal
Expertise$941,805 $31,232 $973,037 $2,794,191 $93,011 $2,887,202 
Technology1,163,315 30,630 1,193,945 3,346,406 90,072 3,436,478 
Total$2,105,120 $61,862 $2,166,982 $6,140,597 $183,083 $6,323,680 
Three Months Ended March 31, 2024Nine Months Ended March 31, 2024
DomesticInternationalTotalDomesticInternationalTotal
Expertise$895,791 $21,164 $916,955 $2,583,634 $60,956 $2,644,590 
Technology982,195 38,306 1,020,501 2,869,528 107,419 2,976,947 
Total$1,877,986 $59,470 $1,937,456 $5,453,162 $168,375 $5,621,537 
Schedule of Contract Assets and Liabilities
Contract balances consisted of the following (in thousands):
Description of Contract Related BalanceFinancial Statement ClassificationMarch 31, 2025June 30, 2024
Billed and billable receivablesAccounts receivable, net$979,486 $885,552 
Contract assets – current unbilled receivablesAccounts receivable, net252,805 145,759 
Contract assets – current costs to obtainPrepaid expenses and other current assets6,885 6,142 
Contract assets – noncurrent unbilled receivablesAccounts receivable, long-term14,722 13,311 
Contract assets – noncurrent costs to obtainOther long-term assets13,895 12,310 
Contract liabilities – current deferred revenue and other contract liabilitiesOther accrued expenses and current liabilities(144,832)(139,745)
Contract liabilities – noncurrent deferred revenue and other contract liabilitiesOther long-term liabilities(4,009)(4,607)