On March 16, 2026, Science Applications International Corporation (SAIC) announced its financial results for the fourth fiscal quarter and full fiscal year ended January 30, 2026. The company reported revenues of $1.75 billion for Q4 FY26, a decrease of $88 million compared to the same quarter last year, primarily due to a ramp down in volume on existing contracts and the impact of a government shutdown. Despite this decline, the company achieved a net income of $85 million for the quarter, with an adjusted EBITDA of $181 million, representing 10.3% of revenue. For the full fiscal year, SAIC reported total revenues of $7.26 billion, down from the previous year, with a net income of $358 million and an adjusted EBITDA of $708 million, or 9.7% of revenue.

CEO Jim Reagan commented on the results, stating, "Our fourth-quarter results reflected ongoing top-line challenges, balanced by strong operational execution that supports our ability to raise margin expectations moving forward. I am encouraged by the progress we are making and by the opportunities in front of us."

The company also announced guidance for FY27, projecting revenues between $7.0 billion and $7.2 billion, with an organic growth rate of -4% to -2%. Adjusted EBITDA is expected to be between $705 million and $715 million, with an adjusted EBITDA margin of 9.9% to 10.1%. Additionally, SAIC declared a quarterly cash dividend of $0.37 per share, payable on April 24, 2026.

SAIC's estimated backlog at the end of FY26 was approximately $22.6 billion, with $3.6 billion funded. The company secured notable contracts during the quarter, including approximately $629 million from space and intelligence organizations. The company remains focused on operational excellence and value creation, aiming to drive consistent growth in the future.

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