SAIC Announces Fourth Quarter and Full Fiscal Year 2026 Results

About this update from Science Applications International Corporation

[{"type":"text","content":"Q4 FY26 revenues of $1.75 billion; FY26 revenues of $7.26 billionQ4 FY26 net income of $85 million, adjusted EBITDA(1) of $181 million or 10.3% of revenue; FY26 net income of $358 million, adjusted EBITDA(1) of $708 million or 9.7% of revenueQ4 FY26 diluted earnings per share of $1.87, adjusted diluted earnings per share(1) of $2.62; FY26 diluted earnings per share of $7.70, adjusted diluted earnings per share(1) of $10.75Q4 FY26 cash flows provided by operating activities of $258 million, free cash flow(1) of $336 million; FY26 cash flows provided by operating activities of $609 million, free cash flow(1) of $577 millionQ4 FY26 net bookings of $0.6 billion; book-to-bill ratio of 0.3; trailing twelve months book-to-bill ratio of 1.1Announces FY27 guidance for adjusted diluted earnings per share(1) and reiterates revenue, adjusted EBITDA(1), adjusted EBITDA margin(1), and free cash flow(1) guidance RESTON, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corporation (NASDAQ: SAIC), a premier Fortune 500 technology integrator driving our nation's digital transformation across the defense, space, civilian, and intelligence markets, today announced results for the fourth quarter and full fiscal year ended January 30, 2026. \"As previously announced on February 11, our fourth-quarter results reflected ongoing top-line challenges, balanced by strong operational execution that supports our ability to raise margin expectations moving forward,\" said Jim Reagan, SAIC’s Chief Executive Officer. \"I am encouraged by the progress we are making and by the opportunities in front of us. Our plan is simple – we will focus on elements within our control to drive more consistent and reliable growth. With a career dedicated to operational excellence and value creation in our industry, I am honored to continue, as permanent CEO, building on SAIC’s solid foundation to deliver meaningful results to all stakeholders.\" Fourth Quarter and Full Fiscal Year 2026: Summary Operating Results Three Months Ended Year Ended January 30, 2026 Percentchange January 31, 2025 January 30, 2026 Percentchange January 31, 2025 (dollars in millions, except per share amounts)Revenues $1,750 (5)% $1,838 $7,262 (3)% $7,479 Operating income 133 (4)% 138 521 (7)% 563 Operating income as a percentage of revenues 7.6% 10bps 7.5% 7.2% -30bps 7.5%Adjust...

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