Quarterly ResultJun 1, 2026, 07:07 AM
Science Applications Raises FY27 EPS Guidance; Q1 Adj. EPS $3.23
AI Summary
Science Applications International Corp (SAIC) reported strong first-quarter fiscal year 2027 results, with revenues growing 2% to $1.91 billion and adjusted diluted EPS increasing 68% to $3.23. The company achieved record margins and modest organic growth, leading to an increase in its fiscal year 2027 guidance for adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS. Net bookings reached $2.1 billion, resulting in a book-to-bill ratio of 1.1, and the company deployed $192 million in capital, including $175 million in share repurchases.
Key Highlights
- Increased fiscal year 2027 adjusted diluted EPS guidance to $9.90-$10.10, up from $9.50-$9.70.
- Reported Q1 fiscal year 2027 revenues of $1.91 billion, a 2% increase (0.5% organic growth) year-over-year.
- Net income rose 69% to $115 million; adjusted diluted EPS increased 68% to $3.23.
- Adjusted EBITDA grew 41% to $222 million, representing 11.6% of revenues.
- Net bookings were $2.1 billion, resulting in a book-to-bill ratio of 1.1.
- Generated $127 million in operating cash flow and $118 million in free cash flow.
- Declared a quarterly cash dividend of $0.37 per share, payable July 24, 2026.
- Defense and Intelligence segment revenues increased 2% to $1.466 billion.
Price Impact
More from SAIC