The earnings call highlighted a strong order backlog and successful restructuring efforts, particularly in the U.S. However, there were notable challenges, including revenue declines and market pressures in Australia and the U.K. The company remains confident in its long-term growth potential and maintained its full year guidance.

Company Guidance

In the recent call, the company provided a comprehensive overview of its fiscal performance and future outlook amidst challenging market conditions. Key metrics highlighted include a record order intake of GBP 2.4 billion and a closing order backlog of GBP 4.8 billion, although revenue saw a 3% organic decline to GBP 900 million. The book-to-bill ratio stood at 0.9x, reflecting delays in contract awards, particularly in the U.K. and Australia. Despite these challenges, underlying profit was GBP 96 million, with a margin of 10.7%, supporting a full-year margin target of around 11%. The company emphasized its strategic positioning with significant milestones, such as the GBP 1.5 billion extension of the LTPA contract and an enhanced EDP contract, underpinning long-term growth visibility. The company also reported strong cash conversion at 85% and a leverage ratio of 0.6x, with shareholder returns totaling GBP 101 million through dividends and a share buyback program. The guidance remains unchanged, projecting circa 3% organic growth on a like-for-like basis, with a continued focus on execution and capital discipline to navigate market headwinds and drive value creation for shareholders.

Record Order Intake and Backlog

Order intake for the half was GBP 2.4 billion, driving a closing order backlog of GBP 4.8 billion, both reported records for the group.

Successful U.S. Restructuring

Achieved good progress on the U.S. restructuring program, including the disposal of the U.S. Fed IT business and significant headcount resizing.

Strategic Wins in EMEA

Secured GBP 1.5 billion extension for LTPA and a GBP 25 million contract to deliver collective training for the Royal Navy.

Strong Cash Conversion

Cash conversion remains strong at 85%, underpinning full year guidance of around 90%.

Solid Financial Performance

Despite a 3% revenue decline, the underlying margin of 10.7% was ahead of expectations, supporting the full year target of around 11%.

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
May 21, 2026	2026 (Q4)	0.17 / -	0.109	―	―	―
Nov 13, 2025	2026 (Q2)	0.13 / 0.13	0.148	-12.16% (-0.02)	―	―
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)	0.08 / 0.08	0.1	-19.00% (-0.02)	―	―

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
Nov 13, 2025	441.80p	466.40p	+5.57%
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%

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 May 21, 2026, TBA (Confirmed).

What is QinetiQ (GB:QQ) earnings time?

QinetiQ (GB:QQ) earnings time is at May 21, 2026, 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 (Q4) is 0.17.

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