Science Applications International Corporation (NASDAQ: SAIC) Exceeds Q1 2027 Financial Expectations

Font: Financial Modeling Prep  • Jun 01, 2026

• Science Applications International Corporation (NASDAQ: SAIC) reported a strong fiscal Q1 2027, with diluted earnings per share (EPS) of $2.61, significantly beating analyst estimates of $2.26.
• The company also surpassed revenue expectations, achieving $1.91 billion against an estimated $1.82 billion, indicating solid business performance and approximately 2% growth.
• Net bookings of $2.1 billion resulted in a robust book-to-bill ratio of 1.1, signaling future growth, alongside increased financial guidance for adjusted EBITDA and adjusted EPS, and a stable debt-to-equity ratio of 0.15.

Science Applications International Corporation (NASDAQ: SAIC) is a technology and engineering company. It provides services primarily to the U.S. government. On June 1, 2026, SAIC reported its financial results for the first quarter of its fiscal year 2027, which showed better-than-expected performance.

The company announced a diluted earnings per share (EPS) of $2.61. EPS represents the company’s profit divided by its number of common shares. This figure successfully beat the analyst consensus estimate of $2.26, as highlighted by Benzinga. The strong earnings show higher profitability than experts had predicted for the quarter.

SAIC also reported quarterly revenue of $1.91 billion. This amount surpassed the estimated revenue of $1.82 billion. The reported revenue reflects approximately 2% growth for the company. The company’s ability to exceed revenue expectations indicates solid business performance and demand for its services.

The company's performance is further supported by net bookings of $2.1 billion. This results in a book-to-bill ratio of 1.1. A ratio above 1 means SAIC is securing new contracts faster than it completes current ones, which can signal future revenue growth. The company also declared a cash dividend of $0.37 per share.

Following the results, SAIC increased its financial guidance for adjusted EBITDA, a measure of profitability, and adjusted diluted earnings per share for the fiscal year 2027. The company’s financial structure appears stable, with a low debt-to-equity ratio of 0.15, indicating it relies more on owner funds than on debt.