Science Applications Intl
SAIC Nasdaq Diversified Support Services Financials FY2017βFY2026
Science Applications Intl's revenue fell 2.9% to $7.3 billion in fiscal 2026. Its operating margin was 7.2%, down from 7.5% a year earlier. Free cash flow was $577 million, up 26.0%. It paid out $515 million in dividends and buybacks, 89% of free cash flow. The diluted share count fell 7.9%.
What Science Applications Intl does
No business description yet.
- Legal name
- Science Applications International Corporation
- Fiscal year ends
- January 30, 2026
- Latest annual report
- β
- Accession Β· CIK
- 0001571123-26-000029
0001571123
Revenue and margins
Science Applications Intl had $7.3B of revenue in fiscal 2026, down 2.9% on the year before.
Net income and earnings per share
From fiscal 2017 to 2026, diluted EPS grew 10.6% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $577M in fiscal 2026, 8.0% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Science Applications Intl returned $515M to shareholders in fiscal 2026, 89% of free cash flow. The diluted share count fell 7.9%.
Value Science Applications Intl yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
Discounted cash flow
Value per share
β
Adds net cash of β$2.3B and divides by 46.5M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
β
Reference multiples: today 17.0x Β· peers 22.4x Β· sector 26.0x.
Balance sheet
Cash, debt and the ratios that show how comfortably Science Applications Intl can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $106M | $109M | $94.0M | $56.0M | $182M |
| Debt incl. finance leases | $2.5B | $2.4B | $2.1B | $2.2B | $2.5B |
| Net debt / EBITDA | 4.8x | 4.3x | 2.6x | 3.7x | 4.2x |
| Debt / equity | 1.6x | 1.4x | 1.2x | 1.4x | 1.7x |
| Interest coverage | 4.4x | 4.2x | 5.9x | 4.7x | 5.2x |
| Current ratio | 0.9x | 1.1x | 1.0x | 0.8x | 1.2x |
| Quick ratio | 0.9x | 1.0x | 1.0x | 0.8x | 1.2x |
| Total assets | $5.7B | $5.5B | $5.3B | $5.2B | $5.4B |
| Total liabilities | $4.1B | $3.8B | $3.5B | $3.7B | $3.9B |
| Shareholders' equity | $1.6B | $1.7B | $1.8B | $1.6B | $1.5B |
| Net debt (β = net cash) | $2.4B | $2.3B | $2.0B | $2.2B | $2.3B |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.5M
6 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 22, 2026 | Cush C. DavidDirector | Bought | 1,000 | $132.50 | $0.1M | Form 4 |
| Apr 9, 2026 | Srinivas AttiliEVP, Civilian | Bought | 100 | $94.96 | $0.0M | Form 4 |
| Dec 31, 2025 | Srinivas AttiliEVP, Civilian | Bought | 100 | $101.26 | $0.0M | Form 4 |
| Dec 23, 2025 | Vincent P. DiFronzoEVP,-Air Force & Comb Commands | Bought | 150 | $102.89 | $0.0M | Form 4 |
| Dec 16, 2025 | Hilary HagemanEVP General Counsel, Secretary | Bought | 100 | $100.21 | $0.0M | Form 4 |
| Dec 16, 2025 | James ReaganInterim CEO, Director | Bought | 1,000 | $100.17 | $0.1M | Form 4 |
| Dec 16, 2025 | Prabu NatarajanEVP, Chief Financial Officer | Bought | 2,000 | $100.49 | $0.2M | Form 4 |
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY24 | FY25 | FY26 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | 7 / 9 | 6 / 9 | 7 / 9 |
| Accruals ratio | 1.5% | β2.5% | β4.7% |
| Altman Z'' | 2.31 | 1.84 | 2.21 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| Science Applications Intl SAIC | $6.2B | β2.9% | 7.2% | 8.0% | 12.8% | 17.0x | 7 | |
| KBR KBR | $5.0B | 1.0% | 10.0% | 6.6% | 15.8% | 11.8x | 7 | Compare β |
| CACI International CACI | $14.1B | 10.9% | 9.6% | 8.2% | 8.8% | 26.0x | 5 | Compare β |
| Cintas CTAS | $90.6B | 8.9% | 23.1% | 16.7% | 31.7% | 44.2x | 8 | Compare β |
| Copart CPRT | $27.8B | 0.4% | 35.4% | 27.2% | 19.6% | 18.7x | 4 | Compare β |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.4B | $4.5B | $4.7B | $6.4B | $7.1B | $7.4B | $7.7B | $7.4B | $7.5B | $7.3B |
| Gross profit | $439M | $411M | $464M | $706M | $792M | $859M | $888M | $872M | $892M | $872M |
| Research and development | $4.0M | $4.0M | $5.0M | $7.0M | $6.0M | $4.0M | $1.0M | $4.0M | $12.0M | $13.0M |
| Operating income | $263M | $256M | $220M | $370M | $390M | $462M | $501M | $741M | $563M | $521M |
| Interest expense | $52.0M | $44.0M | $53.0M | $90.0M | $122M | $105M | $120M | $125M | $121M | $101M |
| Pretax income | $212M | $214M | $170M | $286M | $271M | $358M | $375M | $620M | $428M | $387M |
| Income tax | $69.0M | $35.0M | $33.0M | $57.0M | $60.0M | $79.0M | $72.0M | $143M | $66.0M | $29.0M |
| Net income | $143M | $179M | $137M | $226M | $209M | $277M | $300M | $477M | $362M | $358M |
| Diluted EPS | $3.12 | $4.02 | $3.11 | $3.83 | $3.56 | $4.77 | $5.38 | $8.88 | $7.17 | $7.70 |
| Diluted shares | 0.05B | 0.04B | 0.04B | 0.06B | 0.06B | 0.06B | 0.06B | 0.05B | 0.05B | 0.05B |
| Cash flow | ||||||||||
| Cash from operations | $273M | $217M | $184M | $458M | $755M | $518M | $532M | $396M | $494M | $609M |
| Capital expenditure | $15.0M | $22.0M | $28.0M | $21.0M | $46.0M | $36.0M | $25.0M | $27.0M | $36.0M | $32.0M |
| Free cash flow | $258M | $195M | $156M | $437M | $709M | $482M | $507M | $369M | $458M | $577M |
| Depreciation and amortization | $23.0M | $23.0M | $23.0M | $36.0M | $32.0M | $37.0M | $32.0M | $26.0M | $25.0M | $30.0M |
| Stock-based compensation | $31.0M | $27.0M | $45.0M | $37.0M | $42.0M | $46.0M | $48.0M | $68.0M | $53.0M | $64.0M |
| Acquisitions | $0.0M | $0.0M | $1.0B | $0.0M | $1.2B | $255M | $0.0M | $0.0M | $0.0M | $203M |
| Share buybacks | $180M | $186M | $69.0M | $197M | $34.0M | $226M | $267M | $382M | $558M | $445M |
| Dividends paid | $54.0M | $54.0M | $53.0M | $87.0M | $87.0M | $86.0M | $83.0M | $79.0M | $75.0M | $70.0M |
| Dividends and buybacks | $234M | $240M | $122M | $284M | $121M | $312M | $350M | $461M | $633M | $515M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $210M | $144M | $237M | $188M | $171M | $106M | $109M | $94.0M | $56.0M | $182M |
| Total debt | $1.0B | $1.0B | $2.1B | $1.9B | $2.5B | $2.5B | $2.4B | $2.1B | $2.2B | $2.5B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Current assets | $901M | $950M | $1.4B | $1.4B | $1.3B | $1.3B | $1.2B | $1.1B | $1.2B | $1.2B |
| Current liabilities | $623M | $695M | $897M | $1.1B | $1.3B | $1.4B | $1.1B | $1.2B | $1.4B | $982M |
| Inventory | $71.0M | $68.0M | $74.0M | $84.0M | $78.0M | $64.0M | $71.0M | $3.0M | $0.0M | $0.0M |
| Property and equipment, net | $60.0M | $61.0M | $103M | $91.0M | $108M | $100M | $92.0M | $91.0M | $104M | $110M |
| Total assets | $2.0B | $2.1B | $4.6B | $4.7B | $5.7B | $5.7B | $5.5B | $5.3B | $5.2B | $5.4B |
| Total liabilities | $1.7B | $1.7B | $3.1B | $3.3B | $4.2B | $4.1B | $3.8B | $3.5B | $3.7B | $3.9B |
| Shareholders' equity | $349M | $327M | $1.5B | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.6B | $1.5B |
| Margins | ||||||||||
| Gross margin | 9.9% | 9.2% | 10.0% | 11.1% | 11.2% | 11.6% | 11.5% | 11.7% | 11.9% | 12.0% |
| Operating margin | 5.9% | 5.8% | 4.7% | 5.8% | 5.5% | 6.3% | 6.5% | 10.0% | 7.5% | 7.2% |
| EBITDA margin | 6.4% | 6.3% | 5.2% | 6.4% | 6.0% | 6.8% | 6.9% | 10.3% | 7.9% | 7.6% |
| Net margin | 3.2% | 4.0% | 2.9% | 3.5% | 3.0% | 3.8% | 3.9% | 6.4% | 4.8% | 4.9% |
| FCF margin | 5.8% | 4.4% | 3.4% | 6.9% | 10.1% | 6.5% | 6.6% | 5.0% | 6.1% | 8.0% |
| Returns | ||||||||||
| Return on capital | 14.5% | 17.9% | 7.8% | 9.1% | 8.6% | 9.1% | 10.1% | 14.7% | 12.7% | 12.8% |
| Return on capital employed | 18.4% | 18.3% | 8.7% | 10.2% | 9.7% | 10.5% | 11.4% | 17.3% | 14.1% | 12.7% |
| Return on equity | 39.2% | 53.0% | 15.1% | 15.6% | 14.1% | 17.5% | 18.1% | 27.4% | 21.5% | 23.3% |
| Return on assets | 6.9% | 8.7% | 4.1% | 4.9% | 4.0% | 4.8% | 5.3% | 8.8% | 6.9% | 6.8% |
| Growth | ||||||||||
| Revenue growth | 2.9% | 0.3% | 4.6% | 36.9% | 10.6% | 4.8% | 4.2% | β3.4% | 0.5% | β2.9% |
| Net income growth | 22.2% | 25.2% | β23.5% | 65.0% | β7.5% | 32.5% | 8.3% | 59.0% | β24.1% | β1.1% |
| EPS growth | 26.3% | 28.9% | β22.6% | 23.2% | β7.1% | 34.0% | 12.8% | 65.1% | β19.3% | 7.4% |
| FCF growth | 25.2% | β24.4% | β20.0% | 180.1% | 62.2% | β32.0% | 5.2% | β27.2% | 24.1% | 26.0% |
| Share count change | β3.2% | β3.1% | β0.9% | 33.8% | β0.5% | β1.0% | β4.0% | β3.8% | β6.0% | β7.9% |
| Financial health | ||||||||||
| Net debt / EBITDA | 2.9x | 3.2x | 7.6x | 4.3x | 5.6x | 4.8x | 4.3x | 2.6x | 3.7x | 4.2x |
| Debt / equity | 3.0x | 3.1x | 1.4x | 1.4x | 1.6x | 1.6x | 1.4x | 1.2x | 1.4x | 1.7x |
| Interest coverage | 5.1x | 5.8x | 4.2x | 4.1x | 3.2x | 4.4x | 4.2x | 5.9x | 4.7x | 5.2x |
| Current ratio | 1.5x | 1.4x | 1.6x | 1.3x | 1.0x | 0.9x | 1.1x | 1.0x | 0.8x | 1.2x |
| Quick ratio | 1.3x | 1.3x | 1.5x | 1.2x | 1.0x | 0.9x | 1.0x | 1.0x | 0.8x | 1.2x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.3% | 0.5% | 0.6% | 0.3% | 0.7% | 0.5% | 0.3% | 0.4% | 0.5% | 0.4% |
| Stock comp / revenue | 0.7% | 0.6% | 1.0% | 0.6% | 0.6% | 0.6% | 0.6% | 0.9% | 0.7% | 0.9% |
| Payouts / FCF | 90.7% | 123.1% | 78.2% | 65.0% | 17.1% | 64.7% | 69.0% | 124.9% | 138.2% | 89.3% |
| Quality scores | ||||||||||
| Piotroski F-score | 7.0 | 7.0 | 7.0 | 5.0 | 6.0 | 7.0 | 8.0 | 7.0 | 6.0 | 7.0 |
| Altman Z'' | 2.4 | 2.3 | 1.9 | 1.8 | 1.2 | 1.3 | 1.8 | 2.3 | 1.8 | 2.2 |
| Accruals ratio | β6.2% | β1.9% | β1.4% | β5.0% | β10.5% | β4.2% | β4.1% | 1.5% | β2.5% | β4.7% |
Source: SEC EDGAR XBRL filings (CIK 0001571123). Data updated October 18, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.