SAIC Reports Q1 EPS of $2.61, Revenue $1.91B and Raises Guidance
SAIC•SAIC posted Q1 fiscal 2027 diluted EPS of $2.61, topping estimates of $2.26, and delivered revenues of $1.91 billion versus forecasts of $1.82 billion. Net bookings reached $2.1 billion, driving a book-to-bill ratio of 1.1, and the company raised its adjusted EBITDA and EPS guidance.
1. Q1 2027 Financial Outperformance
SAIC’s diluted earnings per share for the first quarter reached $2.61, surpassing the $2.26 consensus, while quarterly revenue of $1.91 billion outpaced the $1.82 billion projection, reflecting approximately 2% year-over-year growth in its core government services business.
2. Strong Net Bookings Drive Growth
Net bookings climbed to $2.1 billion, resulting in a book-to-bill ratio of 1.1; this indicates that contract awards exceeded billings during the quarter, signaling a healthy pipeline and potential for sustained revenue growth.
3. Increased Guidance and Solid Balance Sheet
In response to robust Q1 results, SAIC raised its full-year adjusted EBITDA and diluted EPS guidance for fiscal 2027. The company’s financial leverage remains conservative, with a debt-to-equity ratio of 0.15, underscoring a stable balance sheet.
