SAIC Science Applications International Corp

BULLISH Impact: 7/10 8-K
Horizon days Filed Jun 1, 2026 Processed 11d 22h ago SEC 0001571123-26-000077
8-K Item 2.02: Earnings release
Latest settled — T+5d ⚠ clustered
SAIC ▼ -0.63% at T+5d
LONG call ✗ call lost -0.63% · α vs SPY +2.12% · entry $115.08 → $114.35
Next anchor: T+20d in 17d
Currently $113.81 · -1.10% from $115.08 entry
Entry anchored
May 29, 03:59 PM ET
via Databento tick
T+1d
-1.49%
call -1.49% · α -1.64%
$113.36
settled 11d ago
T+5d
-0.63%
call -0.63% · α +2.12%
$114.35
settled 5d ago
T+20d
call — · α —
in 17d
T+60d
call — · α —
in 2mo

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Executive Summary

SAIC reported Q1 FY27 results with revenue of $1.906B (2% YoY growth, 0.5% organic), GAAP diluted EPS of $2.61, and adjusted diluted EPS of $3.23 — a 68% YoY increase. The company raised FY27 guidance for adjusted EBITDA ($720M-$730M), adjusted EBITDA margin (10.1%-10.3%), and adjusted diluted EPS ($9.90-$10.10), while reiterating revenue ($7.0B-$7.2B) and free cash flow ($600M) guidance. The strong margin expansion and guidance raise signal improving operational execution, though organic growth remains modest.

Key Financial Metrics

Guidance
$7.0B-$7.2B
raised
Free Cash Flow
$118.0M

Actionable Insight

The margin expansion and guidance raise are the key catalysts — monitor the Q2 10-Q for sustained margin trajectory and organic growth acceleration. The $22.9B backlog provides multi-year revenue visibility; any large new contract wins could drive further upside.

Key Facts

  • Q1 FY27 revenue of $1.906B, up 2% YoY (0.5% organic ex-SilverEdge)
  • GAAP diluted EPS of $2.61 vs $1.42 YoY (+84%); adjusted diluted EPS of $3.23 vs $1.92 YoY (+68%)
  • Adjusted EBITDA margin expanded 320bps to 11.6% (record level)
  • Raised FY27 adjusted EBITDA guidance to $720M-$730M (from $705M-$715M)
  • Raised FY27 adjusted diluted EPS guidance to $9.90-$10.10 (from $9.50-$9.70)
  • Net bookings of $2.1B with book-to-bill of 1.1; total backlog of $22.9B
  • Operating cash flow of $127M; free cash flow of $118M vs -$44M YoY
  • Deployed $192M in capital: $175M share repurchases + $17M dividends

Financial Impact

Adjusted EBITDA guidance raised by $15M at midpoint; adjusted EPS guidance raised by $0.40 at midpoint

revenueepsebitdamarginsbacklog

Risk Factors

  • Organic growth remains tepid at 0.5%, with Civilian segment revenue declining 1% YoY
  • Revenue guidance of $7.0B-$7.2B implies continued organic contraction of (4%)-(2%) for FY27
  • Heavy reliance on share buybacks ($175M in Q1) to drive EPS growth — diluted share count down 8% YoY
  • Government budget uncertainty and contract ramp-downs could pressure top-line

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Integrated Systems Design
Analyst Consensus
12% bullish (17 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001571123-26-000077
Document: saic-20260601.htm0001571123-26-000077
Document: 0001571123-26-000077-index-headers.html0001571123-26-000077
Document: 0001571123-26-000077-index.html0001571123-26-000077
Document: 0001571123-26-000077.txt0001571123-26-000077
8-K Data (Synthetic)0001571123-26-000077
12 reports for SAIC
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SAIC — sortable, filterable
Type Now
Jun 9, 2026
3d ago
Press Release
BULLISH ★ 5/10
$113.20 awaiting T+5awaiting T+5$113.81 (+0.54%)
Jun 1, 2026
11d ago
Press Release
BULLISH ★ 7/10
$115.08 $114.35▼ −0.63%▲ +2.12%$113.81 (−1.10%)
Jun 1, 2026
11d ago
8-K
BULLISH ★ 7/10
$115.08 $114.35▼ −0.63%▲ +2.12%$113.81 (−1.10%)
Jun 1, 2026
11d ago
8-K
NEUTRAL ★ 2/10
$115.08 $114.35▼ −0.63%▲ +2.12%$113.81 (−1.10%)
May 29, 2026
14d ago
Press Release
NEUTRAL ★ 2/10
$104.20 $114.73▲ +10.11%▲ +10.40%$113.81 (+9.22%)
May 29, 2026
14d ago
8-K
NEUTRAL ★ 2/10
$104.20 $114.73▲ +10.11%▲ +10.40%$113.81 (+9.22%)
May 19, 2026
24d ago
Press Release
NEUTRAL ★ 2/10
$95.32 $100.63▲ +5.57%▲ +3.32%$113.81 (+19.40%)
Apr 20, 2026
7w ago
Press Release
BULLISH ★ 6/10
$94.70 $93.79▼ −0.96%▼ −1.87%$113.81 (+20.18%)
Apr 9, 2026
9w ago
8-K
NEUTRAL ★ 3/10
$94.66 $95.23▲ +0.60%▼ −2.58%$113.81 (+20.23%)
Mar 16, 2026
12w ago
Press Release
MIXED ★ 6/10
$92.69 $96.49▲ +4.11%▲ +6.15%$113.81 (+22.79%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (52h 17m)

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