Pulling SEC filings + quote and writing the call…

Science Applications International Corp
Next earnings Sep 2, 2026 · consensus $2.33 EPS, $1.80B rev
Last earnings +10.4% on 2026-06-01
Cheap, cash-rich defense IT contractor — but shrinking revenue and 98% US-gov concentration cap the upside; own it, don't chase it.
Sources: SEC EDGAR (CIK 0001571123, latest 10-Q filed 2026-06-01) · EODHD · analysis by claude-code · as of 6/25/2026, 12:49:40 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.
Middling fundamentals and a rich price (~36% above fair value) leave little margin of safety — a wait-and-see.
SAIC is a high-quality but slow-growing defense IT integrator trading at undemanding multiples. FY2026 produced $7.26B in revenue (down 2.9% YoY) and $358M in net income (essentially flat), with operating income down 7.5% to $521M. The EPS gain to $7.70 (+7.4%) is almost entirely manufactured by buybacks — share count fell 9.0% and the company returned $445M via repurchases plus $70M in dividends. Operating cash flow of $609M (+23.3%) on just $32M of capex is the real story: this is a capital-light services business converting earnings to cash and shoveling it back to shareholders. ROE of 23.9% is strong, though it's leveraged — long-term debt jumped 29.4% to $2.47B against $1.50B of equity.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
Unlock with Pro€15/mo · cancel anytime
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $7.39B | $7.70B | $7.44B | $7.48B | $7.26B |
| Gross profit | — | — | — | — | — |
| Operating income | $462M | $501M | $741M | $563M | $521M |
| Net income | $279M | $303M | $477M | $362M | $358M |
| Diluted EPS | $4.77 | $5.38 | $8.88 | $7.17 | $7.70 |
| Net margin | 3.8% | 3.9% | 6.4% | 4.8% | 4.9% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Annual meeting vote results disclosed; routine governance with no business impact
Q1 FY27 detail filed; covers post-FY26 trading vs guidance backdrop
Q1 FY27 detail filed; covers post-FY26 trading vs guidance backdrop
Q1 FY27 detail filed; covers post-FY26 trading vs guidance backdrop
Other event disclosed with exhibits; non-financial corporate update
Annual proxy: board slate, exec comp and routine governance items
Amendment adding detail to prior 5.02 officer-change disclosure
Amendment adding detail to prior 5.02 officer-change disclosure
FY26 10-K: revenue -2.9% to $7.26B, OCF +23% to $609M, LT debt +29% to $2.47B
1070 tracked peers · median
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
| 2026-06-06 | McCarthy Kathleen T. EVP, CHRO | Tax | 1.23K @ $114.35 | $141K |
| 2026-06-03 | Urban David Director | Award | 1.89K | |
| 2026-06-03 | Tien John K Jr Director | Award | 1.89K | |
| 2026-06-03 | SHANE STEVEN R Director | Award | 1.89K | |
| 2026-06-03 | Rogers Michael Scott Director | Award | 2.17K | |
| 2026-06-03 | MOREA DONNA S Director | Award | 1.89K | |
| 2026-06-03 | McGuirt Milford W Director | Award | 1.89K | |
| 2026-06-03 | MCFARLAND KATHARINA G. Director | Award | 1.89K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.