The earnings call presented a strong financial and operational performance with significant contract wins and a strategic expansion into the U.S. market. While political changes and mixed segmental performance posed some challenges, the company has planned for these within its guidance. The company's robust order backlog and positive cash flow position it well for future growth.

Company Guidance

During the call, the company provided guidance for its FY '27 targets, projecting GBP 2.4 billion in organic revenue with an approximately 12% operating margin. The first half of FY '25 showed a 7% increase in operating profit with a stable margin of 11.3%, supported by strong program execution. The company secured over GBP 1 billion in orders, achieving a book-to-bill ratio of 1.3, and reported an 8% revenue increase on an organic constant currency basis. Cash conversion was strong at 84%, with leverage at 0.6x excluding the sale of Cody Technology Park. The balance sheet's strength enabled an extension of the GBP 100 million share buyback program by an additional GBP 50 million. The company maintained its 7% dividend growth, highlighting its commitment to shareholder returns. The strategic outlook remains positive, with a robust order backlog and pipeline valued at over GBP 15 billion, ensuring long-term sustainable growth.

Strong First Half Performance

Delivered consistent operational and financial performance with revenue up 7%, operating profit up 7%, and a stable margin of 11.3%.

Significant Contract Wins

Secured more than GBP 1 billion of orders with a book-to-bill ratio of 1.3, including a 10-year EUR 284 million contract for Aerial Training Services in Germany.

Positive Cash Flow and Shareholder Returns

Achieved 84% cash conversion and announced an extension of the GBP 100 million share buyback program by a further GBP 50 million, along with a 7% dividend growth.

Global Expansion and Strategic Wins

Entered the U.S. market as a prime contractor with significant wins such as the Aerial Target Systems contract from the U.S. Army.

Robust Order Backlog and Pipeline

Closed the period with a robust funded order backlog of GBP 2.9 billion, with an additional U.S. unfunded backlog of GBP 0.6 billion, providing excellent visibility for future growth.

QinetiQ (GB:QQ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:QQ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 13, 2025	2026 (Q2)	0.15 / -	0.148	―	―	―
May 22, 2025	2025 (Q4)	0.11 / 0.11	0.148	-26.35% (-0.04)	―	―
Nov 14, 2024	2025 (Q2)	0.15 / 0.15	0.127	16.54% (+0.02)	―	―
May 23, 2024	2024 (Q4)	0.15 / 0.15	0.136	8.82% (+0.01)	―	―
Nov 16, 2023	2024 (Q2)	0.13 / 0.13	0.11	15.45% (+0.02)	―	―
May 25, 2023	2023 (Q4)	0.14 / 0.14	0.125	8.80% (+0.01)	―	―
Nov 10, 2022	2023 (Q2)	0.11 / 0.11	0.081	35.80% (+0.03)	―	―
May 19, 2022	2022 (Q4)	0.13 / 0.13	0.12	4.17% (<+0.01)	―	―
Nov 11, 2021	2022 (Q2)	0.10 / 0.08	0.1	-19.00% (-0.02)	―	―
May 20, 2021	2021 (Q4)	- / 0.12	0.108	11.11% (+0.01)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:QQ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 22, 2025	434.54p	463.98p	+6.77%
Nov 14, 2024	457.27p	415.27p	-9.18%
May 23, 2024	362.73p	411.39p	+13.41%
Nov 16, 2023	337.05p	308.40p	-8.50%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does QinetiQ (GB:QQ) report earnings?

QinetiQ (GB:QQ) is schdueled to report earning on Nov 13, 2025, TBA (Confirmed).

What is QinetiQ (GB:QQ) earnings time?

QinetiQ (GB:QQ) earnings time is at Nov 13, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of QinetiQ stock?

The P/E ratio of QinetiQ is N/A.

What is GB:QQ EPS forecast?

GB:QQ EPS forecast for the fiscal quarter 2026 (Q2) is 0.15.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing