SAIC FY2026 operating income fell 7% to USD 521 million on revenue down 3% to USD 7.26 billion

Reuters03-17
SAIC FY2026 operating income fell 7% to USD 521 million on revenue down 3% to USD 7.26 billion

SAIC reported full-year results in its annual report (Form 10-K) for the fiscal year ended Jan. 30, 2026, including revenue of USD 7.26 billion. Net income was USD 358 million and operating income was USD 521 million. Revenue fell 3% year over year, which SAIC attributed mainly to contract completions and ramp-downs on existing contracts, including about USD 26 million tied to the government shutdown, partly offset by new contracts. Selling, general and administrative expenses rose 3% to USD 350 million, driven mainly by executive transition costs and costs related to settling federal tax audits, partly offset by a recovery from a patent infringement settlement. SAIC said it had net bookings of an estimated USD 7.8 billion and total backlog of USD 22.62 billion as of Jan. 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SAIC - Science Applications International Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001571123-26-000029), on March 16, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment