Recent developments highlight SAIC's Q1 2027 financial results showing revenue growth and increased profit, along with contract wins and operational updates.

• SAIC reported Q1 2027 revenues of $1.906 billion and net income of $115 million, with basic EPS of $2.63 and diluted EPS of $2.61 [S2][N1].
• The company revealed a climb in Q1 profit and year-over-year revenue increase, indicating operational progress [N2][N4].
• SAIC surpassed Q1 earnings and revenue estimates, reflecting positive financial performance [N3].
• The Q1 2027 earnings call provided insights into contract wins and business outlook in federal IT services [N1].

SAIC's recent contract wins and revenue growth in Q1 2027 demonstrate its ability to secure and execute government IT services contracts effectively. The company's liquidity and capital structure support ongoing operations and potential growth initiatives. Continued demand for federal IT modernization and defense services could sustain business momentum.

SAIC faces risks related to government budget fluctuations, contract competition, and regulatory changes. Its reliance on government contracts exposes it to political and policy risks. Operational execution challenges or delays in contract awards could impact financial performance. The company's relatively modest cash ratio indicates limited cash reserves relative to current liabilities, which may constrain flexibility.

SAIC's moat is derived from its established relationships and contracts with U.S. federal government agencies, particularly in defense and intelligence sectors. Its expertise in complex IT services and long-term government contracts create barriers to entry for competitors. The company's scale, contract backlog, and specialized knowledge in government IT services contribute to its competitive positioning.

• Government Budget and Policy Risk: SAIC's business depends heavily on U.S. federal government spending, which can be affected by budget cuts, sequestration, or policy shifts impacting defense and civilian agencies.
• Contract Competition and Award Risk: The company faces competition for government contracts, and failure to win or renew key contracts could adversely affect revenue and backlog.
• Operational Execution Risk: Delays or issues in delivering contracted services could impact client relationships and financial results.
• Regulatory and Compliance Risk: As a government contractor, SAIC must comply with complex regulations; non-compliance could lead to penalties or loss of contracts.

• SCIENCE APPLICATIONS INTERNATIONAL CORP (SAIC) operates in the Information Technology Services industry within the Technology sector.
• The company is a large accelerated filer and files reports with the SEC, including 10-K and 10-Q filings.
• As of May 1, 2026, SAIC reported quarterly revenues of $1.906 billion and net income of $115 million, with basic earnings per share of $2.63 and diluted EPS of $2.61, according to the 10-Q filed on June 1, 2026 [S2].
• The company had cash and cash equivalents of $109 million and current assets of $1.199 billion against current liabilities of $1.037 billion as of May 1, 2026, resulting in a current ratio of 1.16 and a cash ratio of 0.11 [S2].
• Total assets were $5.338 billion with stockholders' equity of $1.423 billion as of May 1, 2026 [S2].
• SAIC's business includes contracts with the Department of Defense and other federal agencies, with a mix of cost reimbursement, time and materials, and fixed price contracts [S2].
• The company had approximately 43 million shares outstanding as of May 22, 2026 [S2].
• Recent news highlights include SAIC's Q1 2027 earnings call and reports of revenue growth and profit increase in Q1 2027 [N1][N2][N3][N4].
• The company has been involved in contract recompetes and growth in federal government IT services [N1][N3].
• SAIC's financial disclosure notes that figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.