# Science Applications International Corporation (SAIC)

> Source: Nexqual · https://nexqual.com/SAIC · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Science Applications International Corporation (SAIC), nexqual.com/SAIC" · informational, not investment advice.

**Price:** USD 143.54 (+4.97% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 136.74 · day 136.94–143.75 · 52w 81.08–143.75 · market cap $6.01B · NMS

## Key facts
- Last four reported quarters (through Jul 31, 2026): revenue $7.40B, net income $380M (5.1% margin), free cash flow $619M (SEC filings).
- Valuation: P/E 15.8x (avg 14.7x at the last 3 fiscal year-ends), EV/EBITDA 14.7x, net debt $2.36B.
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $142K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.90 on a 1–5 scale) (10 analysts), mean target USD 132.56 (range 99–154).
- Total return with dividends: 1Y +44.5% vs S&P 500 +14.9%; 5Y +67.3% vs S&P 500 +80.3%.
- Next earnings: 2026-08-31, EPS estimate USD 2.35, revenue estimate $1.82B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.39B | $7.70B | $7.44B | $7.48B | $7.26B | $7.40B |
| Gross profit | $859M | $888M | $872M | $892M | $872M | — |
| Operating income | $462M | $501M | $741M | $563M | $521M | $592M |
| Net income | $277M | $300M | $477M | $362M | $358M | $380M |
| EPS (diluted) | $4.77 | $5.38 | $8.88 | $7.17 | $7.70 | — |
| Free cash flow | $482M | $507M | $369M | $458M | $577M | $619M |
| Gross margin | 11.6% | 11.5% | 11.7% | 11.9% | 12.0% | — |
| Operating margin | 6.2% | 6.5% | 10.0% | 7.5% | 7.2% | 8.0% |
| Net margin | 3.7% | 3.9% | 6.4% | 4.8% | 4.9% | 5.1% |
| Revenue growth | +4.8% | +4.2% | -3.4% | +0.5% | -2.9% | — |
| Cash + short-term investments | $106M | $109M | $94.0M | $56.0M | $182M | — |
| Total debt | $2.52B | $2.37B | $2.10B | $2.22B | $2.49B | — |
Fiscal years end Jan. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 31, 2026)
P/E 15.8x · P/S 0.8x · EV/EBITDA 14.7x · EV/Sales 1.1x · P/FCF 9.7x · P/B 4.2x · FCF yield 10.29% · Earnings yield 6.32% · Dividend yield (paid, TTM) 1.11% · Buyback yield (TTM) 7.97% · Net debt $2.36B · EV $8.37B
P/E at fiscal year-ends: Jan 2026 13.2x, Jan 2025 15.1x, Feb 2024 15.8x.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $142K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-22 | Cush C. David | Director | 1,000 | $133K | 132.5 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Attili Srinivas | EVP, Civilian | 100 | $9K | 94.96 | Too little history (no open-market trades in 2023) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 2.90 on a 1–5 scale), 10 analysts; mean target USD 132.56 (low 99, high 154).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-08 | Goldman Sachs | Target raised | Sell | $93 → $103 |
| 2026-09-01 | Jefferies | Target raised | Hold | $130 → $140 |
| 2026-09-01 | Stifel | Target raised | Buy | $137 → $154 |
| 2026-09-01 | Truist Securities | Target raised | Hold | $110 → $130 |
| 2026-09-01 | UBS | Target raised | Neutral | $108 → $123 |
| 2026-08-19 | Jefferies | Target raised | Hold | $115 → $130 |
| 2026-07-07 | TD Cowen | Target lowered | Hold | $130 → $125 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +44.5% | +67.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +44.7% | +10.8% |
| Volatility (annualized) | 40.0% | 30.1% |
| Max drawdown | -27.8% (Jan 2026→Feb 2026) | -43.2% (Nov 2024→Nov 2025) |

## Peers (Information Technology Services)
MAAS (Maase Inc.) USD 12.49 -5.45% · EXLS (ExlService Holdings, Inc.) USD 42.91 +4.61% · APLD (Applied Digital Corporation) USD 19.09 -9.01% · INGM (Ingram Micro Holding Corporatio) USD 27.5 -0.47% · G (Genpact Limited) USD 41.78 +6.23% · PSN (Parsons Corporation) USD 47.8 +5.29%

## More
Full page: https://nexqual.com/SAIC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in SAIC's own 10-K filed 2026-03-16 (https://www.sec.gov/Archives/edgar/data/1571123/000157112326000029/saic-20260130.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | Lockheed Martin (LMT) | "•the engineering and technical services divisions of large defense contractors that provide IT services in addition to other hardware systems and products, which include companies such as General Dynamics Corporation, Lo…" |
| Competitor | RTX (Raytheon) (RTX) | "•the engineering and technical services divisions of large defense contractors that provide IT services in addition to other hardware systems and products, which include companies such as General Dynamics Corporation, Lo…" |
| Competitor | Accenture (ACN) | "•diversified commercial providers that also provide U.S. government IT services, such as Accenture plc, AECOM, Amentum Holdings, Inc., Deloitte, and International Business Machines Corporation." |
| Competitor | IBM (IBM) | "•diversified commercial providers that also provide U.S. government IT services, such as Accenture plc, AECOM, Amentum Holdings, Inc., Deloitte, and International Business Machines Corporation." |

## Revenue by business segment (quarter ended 2026-07-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Defense and Intelligence | $1.45B | 77.1% | +5.5% |
| Civilian | $431.0M | 22.9% | +9.1% |
| Total revenue | $1.88B | 100% | — |

## Company outlook (8-K filed 2026-08-31)

- "The table below summarizes fiscal year 2027 guidance and represents the Company's views as of August 31, 2026."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-10-31) | $2.35 | $2.38 | -1.4% | $1.82B | 9 |
| Next quarter (ends 2027-01-31) | $2.21 | $2.23 | -0.8% | $1.70B | 9 |
| Current fiscal year (ends 2027-01-31) | $10.81 | $10.18 | +6.3% | $7.30B | 10 |
| Next fiscal year (ends 2028-01-31) | $11.49 | $11.00 | +4.4% | $7.40B | 9 |