SAIC Reports Q3 FY2026 Results and Raises Guidance
Science Applications International Corp. (SAIC) reported Q3 FY2026 revenues of $1.87 billion, a 6% decrease from the previous year, with net income of $78 million and adjusted EBITDA of $185 million. Despite revenue decline due to contract completions and a government shutdown, SAIC raised its FY2026 guidance, expecting revenues between $7.275 billion and $7.325 billion. Notable contracts include a $1.4 billion task order from the U.S. Air Force. The company's backlog is approximately $23.8 billion, indicating strong future work potential.
Science Applications International Corp. ( (SAIC) ) has released its Q3 earnings. Here is a breakdown of the information Science Applications International Corp. presented to its investors.
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Science Applications International Corporation (SAIC) is a Fortune 500 technology integrator that provides mission-critical solutions across defense, space, civilian, and intelligence markets, focusing on digital transformation and innovation.
In its third quarter of fiscal year 2026, SAIC reported revenues of $1.87 billion, with net bookings of $2.2 billion and a book-to-bill ratio of 1.2. The company achieved a net income of $78 million and an adjusted EBITDA of $185 million, representing 9.9% of revenues.
Key financial metrics showed a decrease in revenues by 6% compared to the previous year, primarily due to contract completions and the impact of a government shutdown. Despite this, the company maintained strong margins and increased its fiscal year 2026 guidance. Notable contract awards included a $1.4 billion task order from the U.S. Air Force and a $413 million task order from the U.S. Army, among others.
SAIC’s strategic focus remains on long-term shareholder value creation, with initiatives to fuel growth and enhance margins. The company’s backlog at the end of the quarter was approximately $23.8 billion, indicating a robust pipeline of future work.
Looking ahead, SAIC has increased its fiscal year 2026 guidance, expecting revenues between $7.275 billion and $7.325 billion, with an adjusted EBITDA of approximately $695 million. The company aims to continue its trajectory of growth and innovation in the technology integration sector.
