SAIC(US:SAIC) ZACKS·2026-03-17 16:40Core Insights - Science Applications International (SAIC) reported mixed results for Q4 fiscal 2026, with non-GAAP earnings of $2.62 per share exceeding the Zacks Consensus Estimate of $2.31 by 13.42%, while revenues of $1.75 billion fell short of the estimate of $1.76 billion [1][2][9] Financial Performance - Q4 revenues declined 5% year over year to $1.75 billion, missing the Zacks Consensus Estimate [2] - Defence and Intelligence segment revenues, which made up 76.3% of total revenues, were $1.34 billion, down 1.8% year over year; Civilian revenues, accounting for 23.7%, totaled $415 million, down 13.2% year over year [3] - Non-GAAP operating income increased to $179 million from $176 million year over year, with an operating margin of 10.2%, up 60 basis points [5] - Adjusted EBITDA rose 2% to $181 million, with a margin of 10.3% compared to 9.6% in the prior year [6] Cash Flow and Shareholder Returns - Operating cash flow for Q4 was $258 million, and free cash flow was $336 million; for fiscal 2026, operating cash flow was $609 million and free cash flow was $577 million [8] - The company repurchased shares worth $97 million in Q4 and $422 million for the entire fiscal year, along with $17 million in dividends paid in Q4 and $70 million for the fiscal year [8] Guidance and Future Outlook - For fiscal 2027, SAIC expects revenues between $7 billion and $7.2 billion, with adjusted EBITDA anticipated in the range of $705-$715 million and adjusted EPS between $9.50 and $9.70 [9][10] - The Zacks Consensus Estimate for fiscal 2026 revenues is $7.25 billion, indicating a slight year-over-year decline of 0.2% [9]