Quarterly ResultJun 1, 2026, 07:01 AM
SAIC Q1 Revenue $1.91B, EPS $2.61; Raises FY27 Guidance
AI Summary
Science Applications International Corp (SAIC) announced strong first-quarter fiscal year 2027 results, with revenues reaching $1.91 billion, a 2% increase, and diluted EPS of $2.61, up 84%. The company achieved a net income of $115 million and an adjusted EBITDA of $222 million, representing 11.6% of revenues. SAIC also reported net bookings of $2.1 billion, a book-to-bill ratio of 1.1, and generated $118 million in free cash flow. Following this performance, SAIC increased its fiscal year 2027 guidance for adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS, while reiterating revenue and free cash flow guidance.
Key Highlights
- Q1 Revenue: $1.91 billion, up 2% (0.5% organic growth) YoY.
- Q1 Diluted EPS: $2.61, up 84% YoY; Adjusted Diluted EPS: $3.23, up 68% YoY.
- Q1 Net Income: $115 million, up 69% YoY; Adjusted EBITDA: $222 million (11.6% margin), up 41% YoY.
- Net bookings: $2.1 billion, resulting in a book-to-bill ratio of 1.1.
- Free cash flow: $118 million, a significant increase from $(44) million in prior year.
- Increased FY27 guidance for adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS.
- Declared a quarterly cash dividend of $0.37 per share.
- Deployed $192 million in capital, including $175 million in share repurchases.
Price Impact
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