SAIC reports preliminary Q4 revenue of approximately $1.745 billion and full-year revenue of about $7.26 billion, slightly below its prior $7.275–7.325 billion target. Organic growth is estimated at –3% for the year versus prior guidance of 2%–3%, while adjusted EBITDA of ~$705 million and a 9.7% margin exceed the previous $695 million and 9.5% expectations. Free cash flow is projected at $570–575 million, above the >$550 million target, and adjusted diluted EPS is forecast at $10.40–10.60.

Due to recent procurement delays and two unfavorable recompete award decisions, SAIC now expects fiscal 2027 revenue of $7.0–7.2 billion, implying organic declines of 4%–2% versus prior growth targets of 0%–3%. Adjusted EBITDA guidance is set at $705–715 million (down from $725–735 million) despite a slight margin improvement to 9.9%–10.1%, and free cash flow remains above $600 million.

SAIC’s leadership attributes near-term revenue pressures to larger, commoditized enterprise IT programs and government shutdown impacts, and plans to focus future bids on higher-transformational, technology-led opportunities. Investments in a bottoms-up enterprise transformation program aim to enhance people, processes and tools, with a goal of sustaining profitable, double-digit margin growth in coming years.