Science Applications International(NASDAQ) SAIC

Science Applications International Corp. manages technology for the government. It builds software and protects military digital networks. The company also maintains hardware for government agencies.

What Does SAIC Deliver?

• Defense and Intelligence: Provides national security solutions for the military across land, sea, air, and space; generated $1,449 million in revenue for the three months ended July 31, 2026.
• Civilian: Delivers digital integration for public service missions, including travel, security, and health; earned $431 million in revenue for the three months ended July 31, 2026.
• Technical and Engineering: Supports government hardware platforms through maintenance, logistics management, and simulation training programs.
• IT Modernization: Offers managed information technology services such as cloud migration and cybersecurity for federal and local agencies; accounts for most of the revenue derived from U.S. government contracts.

Modernizing the Organization

• Acquired SilverEdge Government Solutions, which added $20 million to revenue in the three months ended July 31, 2026.
• Completed a business reorganization on Jan. 31, 2026, to simplify its internal structure and optimize operations.
• Recognized a $12 million gain from the sale of an investment during the six-month period ended July 31, 2026.
• Increased the limit of its accounts receivable facility to $400 million in August 2026 to support liquidity.

Built for Complex Missions

The company operates as a specialized technology integrator focused entirely on government services with 1,700 active contracts. Its Solutions and Technology Group uses cloud-hosted tools to build artificial intelligence and cybersecurity capabilities for federal missions.

A Financial Progress Report

• Revenue reached $1.9 billion for the three months ended July 31, 2026, up 6% year over year.
• Operating income was $152 million for the three months ended July 31, 2026, up 9% year over year.
• Net income was $102 million for the three months ended July 31, 2026, down 20% year over year.
• Total backlog was $22.1 billion as of July 31, 2026.
• Net cash from operating activities was $273 million for the six-month period ended July 31, 2026.

Bottom Line

SAIC has evolved into a specialized integrator focusing on digital transformation and national security. Its recent restructuring and steady contract backlog support its role as a key technology partner for U.S. government agencies.