Science Applications International Corporation

NasdaqGS:SAIC Stock Report

Market Cap: US$4.9b

Science Applications International Past Earnings Performance

Past criteria checks 5/6

Science Applications International has been growing earnings at an average annual rate of 7.4%, while the Professional Services industry saw earnings growing at 12.3% annually. Revenues have been declining at an average rate of 0.08% per year. Science Applications International's return on equity is 28.5%, and it has net margins of 5.6%.

Key information

7.44%

Earnings growth rate

12.17%

EPS growth rate

Professional Services Industry Growth10.99%
Revenue growth rate-0.084%
Return on equity28.46%
Net Margin5.55%
Last Earnings Update01 May 2026

Recent past performance updates

Recent updates

Seeking Alpha Jun 02

Science Applications International: I'm Buying The Discount (Upgrade)

Summary Science Applications International Corporation provides technical and engineering services to U.S. government agencies, with the Department of Defense as its largest client. I previously rated SAIC a Hold due to strong cash flow but concerns over growth visibility, shrinking backlog, and a book-to-bill ratio below 1.0. SAIC's revenue is pressured by lost contracts and backlog declines, making future growth difficult to predict. With earnings released, I am reassessing whether SAIC merits additional capital, an exit, or continued patience. Read the full article on Seeking Alpha
Narrative Update May 22

SAIC: New CEO And Contract Wins Will Support Future Upside

Narrative Update on Science Applications International Analysts have trimmed their price targets on Science Applications International by $10 to $15, with updated views reflecting slightly adjusted discount rate and long term P/E assumptions while still pointing to broadly consistent fair value estimates around $130. Analyst Commentary Recent Street research on Science Applications International points to a cluster of reduced price targets, with commentary that still anchors valuation around the low to mid US$100s and highlights specific areas where execution and risk management matter for investors.
Narrative Update May 07

SAIC: Future Cash Flows Will Be Driven By Federal IT Contract Wins

Narrative Update on Science Applications International The analyst price target for Science Applications International has been reduced by several firms. The updated fair value estimate has moved from $113.38 to about $109.78 as analysts factor in recent target cuts and updated views on growth, margin profile, and future P/E assumptions.
Narrative Update Apr 22

SAIC: Contract Mix Shift And New CEO Will Support Future Upside

Analysts have lowered their price targets on Science Applications International by $10 to $15. This reflects caution around exposure to federal IT spending shifts and specific contract risks, even as they acknowledge management's recent moves and the updated outlook.
Narrative Update Apr 07

SAIC: Execution And Leadership Changes Will Support Further Upside Potential

Narrative Update on Science Applications International The analyst price target for Science Applications International has been nudged lower to an implied fair value of about $130 from $133, as analysts factor in slightly higher discount rates, modestly adjusted long term growth and profit assumptions, and recent price target resets across the Street. Analyst Commentary Recent research on Science Applications International points to a mix of caution on valuation and risks, alongside pockets of optimism around execution and leadership.
Narrative Update Mar 24

SAIC: Sector Momentum And Margin Focus Will Support Further Upside Potential

Narrative Update on Science Applications International Analysts have reset their price targets on Science Applications International toward a consolidated $133. This reflects updated assumptions for a lower future P/E multiple, slightly softer revenue growth, and a higher discount rate, partly balanced by expectations for stronger profit margins and recent mixed target revisions from Jefferies, Truist, Stifel, and Citi.
Narrative Update Mar 09

SAIC: Sector Momentum Into 2026 Will Meet Execution And Guidance Uncertainty

Analysts have trimmed their fair value estimate for Science Applications International to $86.80 from $94.00 while also pointing to a higher Street price target of $133 that they state reflects ongoing momentum in the aerospace and defense group through the first half of 2026. Analyst Commentary The latest price target change to US$133 suggests some on the Street are comfortable assigning a higher value to Science Applications International, but that does not mean the broader analyst community is uniformly confident.
Narrative Update Feb 22

SAIC: Sector Momentum Through 2026 Will Support Further Upside Potential

Narrative Update on Science Applications International Analysts have lifted their price target on Science Applications International to $133 from $122, citing updated estimates for the aerospace and defense group and expectations that current sector conditions could remain in place through the first half of 2026. Analyst Commentary Bullish analysts are highlighting the recent price target move to US$133 as a reflection of refreshed expectations around Science Applications International's position within the aerospace and defense group.
Narrative Update Feb 08

SAIC: Raised Outlook And Defense Wins Will Support Future Upside

Analysts have lifted their price target on Science Applications International to US$133 from US$130, citing updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E as they revisit the aerospace and defense group. Analyst Commentary Recent commentary from bullish analysts centers on the updated US$133 price target and what it implies for Science Applications International's execution and potential upside within the aerospace and defense group.
Narrative Update Jan 25

SAIC: Sector Momentum Into 2026 Will Not Offset Overvaluation Risks

Analysts have increased their price targets on Science Applications International, with one firm moving from $122 to $133. They cite continued sector momentum into the first half of 2026 as support for this updated view.
Narrative Update Jan 09

SAIC: Weaker Revenue Outlook Will Outweigh Contract Wins Going Forward

Analysts have reduced their price target for Science Applications International from US$104.00 to about US$93.70, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Science Applications International updated its share repurchase activity, buying 899,163 shares, about 1.95% of shares, for US$94.49 million between August 2, 2025 and October 31, 2025, and completing a total of 3,715,149 shares, about 7.83%, for US$407.16 million under the buyback announced on December 5, 2024 (Key Developments).
Narrative Update Dec 17

SAIC: Share Repurchases And Major Defense Wins Will Drive Upside Potential

Analysts have reduced their price target on Science Applications International by 10.00 dollars to 130.00 dollars, citing expectations for slower revenue growth, modestly lower profit margins, and a higher required return, partially offset by a slightly higher future earnings multiple. What's in the News Announced completion of a major share repurchase program, buying back 3,715,149 shares, or 7.83% of outstanding stock, for $407.16 million, including 899,163 shares repurchased between August 2 and October 31, 2025 (Buyback Tranche Update).
Narrative Update Dec 03

SAIC: Future Cash Flows Will Support Upside Despite Revenue Headwinds

Analysts have trimmed their price target on Science Applications International to approximately $113.38 from $116.00. This reflects mounting concerns over weakening revenue momentum, multi year growth headwinds in a tougher federal funding backdrop, and heightened risk of a prolonged slowdown despite some resilience in profitability.
Analysis Article Oct 08

Science Applications International's (NASDAQ:SAIC) Dividend Will Be $0.37

Science Applications International Corporation ( NASDAQ:SAIC ) has announced that it will pay a dividend of $0.37 per...
Narrative Update Sep 09

Shift In Procurement Trends Will Benefit Mission-Critical Enterprise IT

Science Applications International’s fair value has been revised down to $116.00 as analysts factor in weaker revenue outlooks, ongoing policy and budget uncertainty in the federal sector, and increased risk of prolonged margin slowdown despite near-term profitability support from one-time items. Analyst Commentary Revenue outlook has weakened due to on-contract growth challenges and persistent market headwinds, leading to “meaningfully” cut sales forecasts and guidance reductions.
Analysis Article Sep 02

Science Applications International (NASDAQ:SAIC) Has Announced A Dividend Of $0.37

Science Applications International Corporation ( NASDAQ:SAIC ) has announced that it will pay a dividend of $0.37 per...
Analysis Article Jul 31

Science Applications International (NASDAQ:SAIC) Might Have The Makings Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 15

Is Science Applications International (NASDAQ:SAIC) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jun 30

Science Applications International (NASDAQ:SAIC) Is Paying Out A Dividend Of $0.37

The board of Science Applications International Corporation ( NASDAQ:SAIC ) has announced that it will pay a dividend...
Seeking Alpha Mar 18

Science Applications International: Valuation Looks Cheap, Growth Looks Uncertain

Summary Science Applications International is a key tech integrator for the U.S. government, excelling in engineering, digital, and mission-related services, but faces growth challenges in a stagnant contracting industry. SAIC outperformed expectations with $2.57 EPS and $1.84B in quarterly sales, showing solid cash flow and profit margins. Despite a positive fiscal 2026 outlook, SAIC faces short-term revenue pressures, execution risks, and a shrinking backlog, impacting investor confidence. Read the full article on Seeking Alpha
Seeking Alpha Feb 20

Time To Look At Science Applications International In A Positive Light Again

Summary SAIC's stock dropped 35% due to federal spending concerns, but I believe the market overreacted, presenting a buying opportunity. SAIC's strategy includes reducing federal dependence, improving bidding processes, and leveraging a substantial backlog for growth. Despite competitive pressures, SAIC's 17.62% ROE and recent earnings beats suggest solid performance and potential for recovery. The stock is undervalued, and with new contracts and efficiency initiatives, I rate SAIC a cautious Buy with a 6.03% upside target. Read the full article on Seeking Alpha
Seeking Alpha Dec 06

Science Applications International: A Great Opportunity To Get This Prospect While It's On Sale

Summary Science Applications International Corporation remains a 'buy' due to strong management, attractive valuation, and growth potential despite recent stock volatility and political concerns. Science Applications International's Q3 2025 results were impressive with revenue up 4.3%, significant EPS growth, and higher-than-expected profits, driven by increased contract volumes. Management's future outlook includes revenue growth to $8 billion by 2027, higher-margin contracts, and substantial share buybacks, enhancing free cash flow per share. Despite market pessimism, SAIC's strategic positioning and comparative cheapness to peers make it a compelling investment opportunity. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Science Applications International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:SAIC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
01 May 267,2914053340
30 Jan 267,2623583400
31 Oct 257,3503713680
01 Aug 257,4603993500
02 May 257,5093533430
31 Jan 257,4793623390
01 Nov 247,3783033490
02 Aug 247,2972903510
03 May 247,2634563570
02 Feb 247,4444773550
03 Nov 237,6755123420
04 Aug 237,6894993390
05 May 237,7363253470
03 Feb 237,7043003580
28 Oct 227,5182693550
29 Jul 227,5072603600
29 Apr 227,5122693540
28 Jan 227,3942773420
29 Oct 217,3292963410
30 Jul 217,2492853460
30 Apr 217,1772543500
29 Jan 217,0562093460
30 Oct 206,8792063180
31 Jul 206,6912012940
01 May 206,5212072870
31 Jan 206,3792262880
01 Nov 196,0311582700
02 Aug 195,5781512440
03 May 195,0991432000
01 Feb 194,6591371580
02 Nov 184,5951971530
03 Aug 184,5631921480
04 May 184,5261791500
02 Feb 184,4541791550
03 Nov 174,3441591560
04 Aug 174,3131581590
05 May 174,3301591550
03 Feb 174,4421431660
04 Nov 164,4951401620
05 Aug 164,5171321630
06 May 164,5211171760
29 Jan 164,3151171580
30 Oct 154,1961251430
31 Jul 154,0641281260

Quality Earnings: SAIC has high quality earnings.

Growing Profit Margin: SAIC's current net profit margins (5.6%) are higher than last year (4.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SAIC's earnings have grown by 7.4% per year over the past 5 years.

Accelerating Growth: SAIC's earnings growth over the past year (14.7%) exceeds its 5-year average (7.4% per year).

Earnings vs Industry: SAIC earnings growth over the past year (14.7%) exceeded the Professional Services industry 8.9%.


Return on Equity

High ROE: Whilst SAIC's Return on Equity (28.46%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 21:24
End of Day Share Price 2026/06/04 00:00
Earnings2026/05/01
Annual Earnings2026/01/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Science Applications International Corporation is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joshua SullivanBenchmark Company
Matthew AkersBNP Paribas
Colin CanfieldCantor Fitzgerald & Co.