Science Applications International Corp 8K

SAIC furnished its Q2 FY2027 earnings release on Form 8-K, reporting solid revenue and cash flow growth, raising full-year guidance, expanding its receivables facility, and declaring a quarterly dividend while highlighting substantial federal contract awards and a $22.1 billion backlog.

Science Applications International Corporation (SAIC) filed a Form 8-K to furnish its earnings release for the second quarter of fiscal year 2027, reporting revenues of $1.88 billion (approximately 6.3% total and 5.3% organic growth), net income of $102 million, adjusted EBITDA of $193 million (10.3% margin), and diluted EPS of $2.38 ($3.01 adjusted), along with operating cash flow of $146 million and free cash flow of $131 million. The company highlighted increased revenues driven by ramp-up on existing and new contracts and the contribution from the SilverEdge Government Solutions acquisition, partially offset by contract completions, and noted modest margin compression due to higher SG&A relative to the prior year. SAIC raised its full-year fiscal 2027 guidance for revenue, adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS while reiterating free cash flow guidance of greater than $600 million and disclosed continued capital deployment through $90 million of share repurchases and $16 million of dividends in the quarter, plus an amendment to its Master Accounts Receivable Purchase Agreement to increase the facility limit from $300 million to $400 million. The filing also details quarterly and year-to-date financial statements, segment performance for Defense & Intelligence and Civilian units, backlog of $22.1 billion, notable contract awards and recompetes across the U.S. Intelligence Community, Army, Navy and Department of Homeland Security, and the declaration of a $0.37 per share quarterly dividend payable October 23, 2026, to shareholders of record on October 9, 2026.

Filing Facts

CIK

1571123

Ticker

-

Form

8K

Source Type

sec

Accession

0001571123-26-000131

Alert Tier

7