Science Applications International Corp SAIC
Science Applications International Corporation (herein referred to as "SAIC," the "Company," "we," "us," or "our") is a leading provider of technical, engineering and mission and enterprise information technology ("IT") services primarily to the U.S. government. The Company provides these services for large, complex projects with a targeted emphasis on higher-end, differentiated technology services and solutions that accelerate and transform secure and resilient digital environments through systems design, development, modernization, integration, and sustainment to drive enterprise and mission outcomes. Our end-to-end IT offerings span the entire spectrum of our customers' IT infrastructure.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.26B | $7.48B | $7.44B | $7.70B | $7.39B | $7.06B | $6.38B | $4.66B | $4.45B | $4.44B |
| Cost of revenue | $6.39B | $6.59B | $6.57B | $6.82B | $6.54B | $6.26B | $5.67B | $4.20B | $4.04B | $4.00B |
| Gross profit | $872.0M | $892.0M | $872.0M | $888.0M | $859.0M | $792.0M | $706.0M | $464.0M | $411.0M | $439.0M |
| R&D | $13.0M | $12.0M | $4.0M | $1.0M | $4.0M | $6.0M | $7.0M | $5.0M | $4.0M | $4.0M |
| SG&A | $350.0M | $339.0M | $373.0M | $374.0M | $344.0M | $352.0M | $288.0M | $158.0M | $155.0M | $166.0M |
| Operating income | $521.0M | $563.0M | $741.0M | $501.0M | $462.0M | $390.0M | $370.0M | $220.0M | $256.0M | $263.0M |
| Interest expense | — | $126.0M | $120.0M | $118.0M | $105.0M | $122.0M | $90.0M | $53.0M | $44.0M | $52.0M |
| Pre-tax income | $387.0M | $428.0M | $620.0M | $375.0M | $358.0M | $271.0M | $286.0M | $170.0M | $214.0M | $212.0M |
| Income tax | $29.0M | $66.0M | $143.0M | $72.0M | $79.0M | $60.0M | $57.0M | $33.0M | $35.0M | $69.0M |
| Net income | $358.0M | $362.0M | $477.0M | $303.0M | $279.0M | $209.0M | $226.0M | $137.0M | $179.0M | $143.0M |
| EPS, basic | 7.73 | 7.23 | 8.98 | 5.42 | 4.81 | 3.60 | 3.87 | 3.16 | 4.13 | 3.21 |
| EPS, diluted | 7.70 | 7.17 | 8.88 | 5.38 | 4.77 | 3.56 | 3.83 | 3.11 | 4.02 | 3.12 |
| Shares, diluted (wtd. avg.) | $46.5M | $50.5M | $53.7M | $55.8M | $58.1M | $58.7M | $59.0M | $44.1M | $44.5M | $45.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $182.0M | $56.0M | $103.0M | $118.0M | $115.0M | $190.0M | $202.0M | $246.0M | $152.0M | $218.0M |
| Receivables | $853.0M | $1.00B | $914.0M | $936.0M | $1.01B | $962.0M | $1.10B | $1.05B | $674.0M | $539.0M |
| Inventory | — | — | $3.0M | $71.0M | $64.0M | $78.0M | $84.0M | $74.0M | $68.0M | $71.0M |
| Total current assets | $1.18B | $1.15B | $1.13B | $1.20B | $1.26B | $1.29B | $1.43B | $1.43B | $950.0M | $901.0M |
| Property, plant and equipment | $110.0M | $104.0M | $91.0M | $92.0M | $100.0M | $108.0M | $91.0M | $103.0M | $61.0M | $60.0M |
| Goodwill | $2.94B | $2.85B | $2.85B | $2.91B | $2.91B | $2.79B | $2.14B | $2.12B | $863.0M | $863.0M |
| Other intangibles | $761.0M | $779.0M | $894.0M | $1.01B | $1.13B | $1.14B | $711.0M | $803.0M | $179.0M | $200.0M |
| Total assets | $5.35B | $5.25B | $5.31B | $5.54B | $5.75B | $5.72B | $4.71B | $4.56B | $2.07B | $2.04B |
| Accounts payable | $500.0M | $631.0M | $567.0M | $624.0M | $612.0M | $517.0M | $527.0M | $455.0M | $397.0M | $329.0M |
| Short-term debt | $19.0M | $313.0M | $77.0M | $31.0M | $148.0M | $68.0M | $70.0M | $24.0M | $41.0M | $25.0M |
| Total current liabilities | $982.0M | $1.40B | $1.16B | $1.13B | $1.35B | $1.27B | $1.13B | $897.0M | $695.0M | $623.0M |
| Long-term debt | $2.47B | $1.91B | $2.02B | $2.34B | $2.37B | $2.45B | $1.85B | $2.06B | $983.0M | $1.02B |
| Retained earnings | $1.49B | $1.56B | $1.43B | $1.03B | $818.0M | $627.0M | $506.0M | $367.0M | $323.0M | $260.0M |
| Total equity | $1.50B | $1.58B | $1.78B | $1.70B | $1.63B | $1.55B | $1.43B | $1.50B | $327.0M | $349.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $609.0M | $494.0M | $396.0M | $532.0M | $518.0M | $755.0M | $458.0M | $184.0M | $217.0M | $273.0M |
| Depreciation and amortisation | $30.0M | $25.0M | $26.0M | $32.0M | $37.0M | $32.0M | $36.0M | $23.0M | $23.0M | $23.0M |
| Stock-based compensation | $64.0M | $53.0M | $68.0M | $48.0M | $46.0M | $42.0M | $37.0M | $45.0M | $27.0M | $31.0M |
| Capital expenditure | $32.0M | $36.0M | $27.0M | $25.0M | $36.0M | $46.0M | $21.0M | $28.0M | $22.0M | $15.0M |
| Investing cash flow | -$248.0M | -$35.0M | $314.0M | -$36.0M | -$292.0M | -$1.23B | -$47.0M | -$1.03B | -$22.0M | -$17.0M |
| Financing cash flow | -$235.0M | -$498.0M | -$725.0M | -$493.0M | -$301.0M | $464.0M | -$455.0M | $938.0M | -$261.0M | -$247.0M |
| Dividends paid | $70.0M | $75.0M | $79.0M | $83.0M | $86.0M | $87.0M | $87.0M | $53.0M | $54.0M | $54.0M |
| Buybacks | $445.0M | $558.0M | $382.0M | $267.0M | $226.0M | $34.0M | $197.0M | $69.0M | $186.0M | $180.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001571123-26-000069.
Others in SIC 7373
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| IOT | Samsara Inc. | $23.39B | — | 29.6% |
| LDOS | Leidos Holdings, Inc. | $16.70B | 11.9x | 3.2% |
| IONQ | IonQ, Inc. | $15.06B | — | 201.9% |
| CACI | CACI INTERNATIONAL INC /DE/ | $13.78B | 25.8x | 10.9% |
| GDDY | GoDaddy Inc. | $12.83B | 16.3x | 8.3% |
| AUR | Aurora Innovation, Inc. | $12.53B | — | — |
| JKHY | JACK HENRY & ASSOCIATES INC | $11.61B | 23.7x | 7.1% |
| OTEX | OPEN TEXT CORP | $5.80B | 9.3x | 1.5% |