Business Context and Reporting Period
Science Applications International Corporation (SAIC) filed a Form 8-K on February 11, 2026, to announce preliminary unaudited financial results for its fiscal fourth quarter and full fiscal year ended January 30, 2026. The filing also includes the Company's financial outlook for fiscal year 2027. These results were presented in a press release and business update presentation attached as Exhibits 99.1 and 99.2.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document states that estimated financial results for the year ended January 30, 2026, are preliminary and subject to change upon final closing procedures. Non-GAAP measures for fiscal year 2027, including adjusted EBITDA, adjusted EBITDA margin, and free cash flow, are referenced but not quantified in this text.
Material Changes
The filing does not contain specific data to compare current period performance against the prior comparable period. It notes that actual results may differ from the preliminary results contained in the attached exhibits.
Guidance, Outlook, and Risks
- Outlook: The Company provided a financial outlook for fiscal year 2027 in the attached exhibits, utilizing non-GAAP measures such as adjusted EBITDA and free cash flow.
- Reconciliation: The Company states it cannot reconcile forward-looking non-GAAP measures to GAAP measures due to the difficulty in forecasting certain deductions. Consequently, GAAP net income and operating cash flows for the future cannot be forecast with reasonable certainty.
- Risks: The filing includes standard forward-looking statement disclaimers, noting that actual results may differ materially due to risks and uncertainties discussed in the Company's Form 10-K and subsequent filings.
- Timing: Full fourth quarter and fiscal year 2026 results, including GAAP reconciliations, are scheduled to be reported on March 16, 2026.
Investor Verification Checklist
- Verify the specific preliminary revenue and earnings figures in the attached Press Release (Exhibit 99.1) and Business Update Presentation (Exhibit 99.2), as they are not listed in the 8-K text.
- Confirm the final audited results and GAAP reconciliations when reported on March 16, 2026.
- Review the detailed risk factors in the most recent Form 10-K to understand potential variances in the forward-looking statements.
- Monitor the Company's Investor Relations website for the posted presentation materials.