SAIC has reported fourth-quarter revenues of $1.75 billion and full fiscal year 2026 revenues of $7.26 billion. In the company’s financial report published Monday, Jim Reagan, who was appointed CEO in February, said the Q4 results reflect “ongoing top-line challenges, balanced by strong operational execution.”
“I am encouraged by the progress we are making and by the opportunities in front of us,” he added. “Our plan is simple – we will focus on elements within our control to drive more consistent and reliable growth.”
How Did SAIC Perform Financially in Q4?
According to the company, revenue for Q4 FY26 declined by $88 million compared to the same period in FY25. SAIC attributes the lower quarterly revenue to the government shutdown and contract completions.
The company’s adjusted EBITDA for the quarter was 10.3 percent, an increase compared to 9.6 percent in Q4 FY25, while net bookings were approximately $600 million.
What Are SAIC’s Full FY 2026 Financial Results?
For the full fiscal year, SAIC said its revenue decreased by $217 million compared to the prior year, due to reduced volume of existing contracts. Its adjusted EBITDA reached $708 million, or 9.7 percent of revenue.
The company ended fiscal 2026 with an estimated backlog of $22.6 billion, $3.6 billion of which was funded.
SAIC also highlighted major contract wins in FY26, including a $95 million deal with the Government Accountability Office for full-scale IT under the Technical Information Services program and a $330 million recompete contract with a Space and Intelligence Community customer.
In fiscal 2027, the company expects its full-year revenue to reach $7 billion to $7.2 billion, with adjusted EBITDA of $705 million to $715 million.
