SAIC Raises FY27 Guidance After Q1 Revenue of $1.91B, 11.6% EBITDA Margin

SAIC

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2026-06-01

SAIC reported Q1 FY27 revenue of $1.91 billion, a 2% increase (0.5% organic), net income of $115 million and adjusted EBITDA margin of 11.6% with adjusted EPS of $3.23. The company raised its FY27 guidance for adjusted EBITDA, margin and EPS while reiterating revenue and free cash flow targets.

1. Q1 FY27 Financial Performance

SAIC delivered $1.91 billion in revenue for the quarter, up 2% year-over-year, including 0.5% organic growth. The company generated net income of $115 million, diluted EPS of $2.61, adjusted EPS of $3.23 and achieved an adjusted EBITDA margin of 11.6%, up 320 basis points.

2. Guidance Raise and Capital Returns

Driven by strong margin expansion, SAIC increased its full-year FY27 guidance for adjusted EBITDA, adjusted EBITDA margin and adjusted diluted EPS while maintaining revenue and free cash flow targets. In the quarter, the company repurchased $175 million of shares, paid $17 million in dividends and declared a $0.37 per share dividend for Q2.

3. Bookings, Backlog and Contract Awards

Net bookings reached $2.1 billion, reflecting a book-to-bill ratio of 1.1, and backlog stood at $22.9 billion with $3.7 billion funded. Notable awards include three Space and Intelligence Community recompetes totaling $970 million and a $200 million DHS contract in the Civilian segment.