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QinetiQ (GB:QQ)
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QinetiQ
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QinetiQ (QQ) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Nov 12, 2026
TBA (Confirmed)
Period Ending
2027 (Q2)
Consensus EPS Forecast
0.15
Last Year’s EPS
0.13
Same Quarter Last Year
Analyst Consensus
Strong Buy
Based on 4 Analysts Ratings

Earnings Call Summary

Q4 2026
Earnings Call Date:May 21, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a broadly positive picture: management delivered a resilient year with restored margins, record order intake and significantly stronger cash generation, and set clear medium-term cash and return targets. These positives are tempered by identifiable headwinds — most notably a challenging U.S. market, some contract losses and one‑off restructuring/exceptional cash effects — and guidance upside depends on budget clarity and award timing. On balance the highlights materially outweigh the lowlights, reflecting a constructive outlook supported by a larger, higher-quality backlog and strengthened capital allocation.
Company Guidance
QinetiQ guided to FY‑27 revenue growth of 3–5% (higher end dependent on budget clarity), underlying margin of 11–11.5%, and cash conversion greater than 90%, while introducing a three‑year free cash flow target of >£550m (FY‑27 to FY‑29); they expect EPS to grow 8–10%, will move to a 35–40% dividend payout ratio (FY‑26 dividend 11p, +24%), have extended a £200m share buyback through to 2029 (~£100m p.a.) and expect to return roughly £0.5bn to shareholders over three years — all supported by a £4.8bn backlog (+41%), £3.6bn order intake, book‑to‑bill of 1.14, contracted revenue cover of 67%, year‑end net debt £159m (leverage 0.5x), ROCE guidance 25–30%, and FY‑26 capex of £72m.
Resilient full-year financial performance
Revenue just over GBP 1.9 billion; operating profit GBP 218 million (up 18% year-on-year); operating margin 11.3% (return to upper-quartile levels); EPS 31.5p (up 21%); free cash flow GBP 159 million (up c.41%); cash conversion 100%; return on capital employed 34%; net debt GBP 159 million with leverage 0.5x.
Record order intake and strengthened backlog
Record order intake of GBP 3.6 billion and year-end backlog of GBP 4.8 billion (up c.41% year-on-year). Book-to-bill 1.14 and backlog provides c.67% contracted revenue cover; pipeline noted at c.GBP 12 billion, providing multi-year revenue visibility.
Strong UK / EMEA performance
UK businesses grew ~7% in FY '26 and accounted for ~75% of the group; EMEA Services orders and revenue delivered mid-single-digit growth (orders cited +2.3% and revenue commentary ~3.5%), with EMEA Services margin at c.11.9% (top end of expectations).
Improved capital allocation and shareholder returns
Dividend increased 24% to 11p and payout policy moved to 35–40% of EPS; GBP 200 million extension to the share buyback program through to 2029 (guidance for roughly GBP 100m per annum out to FY '29); expected to return ~GBP 0.5 billion to investors over the next 3 years; three-year free cash flow target set at >GBP 550 million (FY '27–'29).
Completed restructuring and higher-quality earnings base
Restructuring completed H1 with ~1,000 roles removed (headcount c.12% lower); portfolio actions removed lower-quality revenue and reduced cost base; revenue per head increased ~13% in the year (c.21% over 3 years); cost discipline and execution delivered improved margin and a step-up in cash generation.
Key programme wins and technology progress
Major contract and capability wins include GBP 205m Typhoon/E D P work, GBP 1.5 billion LTPA extension, EUR 150m Belgium mission data program (MOA signed), GBP 83m in high-power laser development and initial production contracts, and Space Development Agency framework awards (c. GBP 68m). These underpin medium-term growth drivers in mission data, R&D (lasers/autonomy) and space.

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
Press Release
Slides
Play Transcript
Nov 12, 2026
2027 (Q2)
0.15 / -
0.13―――
May 21, 2026
2026 (Q4)
0.17 / 0.17
0.10955.05% (+0.06)――
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
0.12716.54% (+0.02)――
May 23, 2024
2024 (Q4)
0.15 / 0.15
0.1368.82% (+0.01)――
Nov 16, 2023
2024 (Q2)
0.13 / 0.13
0.1115.45% (+0.02)――
May 25, 2023
2023 (Q4)
0.14 / 0.14
0.1258.80% (+0.01)――
Nov 10, 2022
2023 (Q2)
0.11 / 0.11
0.08135.80% (+0.03)――
May 19, 2022
2022 (Q4)
0.10 / 0.13
0.124.17% (<+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 21, 2026
431.60 p465.60 p+7.88%
Nov 13, 2025
439.10 p463.55 p+5.57%
May 22, 2025
431.88 p461.14 p+6.78%
Nov 14, 2024
454.47 p412.73 p-9.18%
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 12, 2026, TBA (Confirmed).
    What is QinetiQ (GB:QQ) earnings time?
    QinetiQ (GB:QQ) earnings time is at Nov 12, 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 2027 (Q2) is 0.15.