---
schema_version: "secwatch.filing_event.v1"
accession: "0001571123-23-000110"
form_type: "8-K"
ticker: "SAIC"
cik: "0001571123"
company_name: "Science Applications International Corp"
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T22:49:08.743932+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SAIC Q2 adj. EPS $2.05 vs $1.75; raises FY2024 revenue and EPS guidance

## Summary
- Revenue $1.78B, organic growth 8.3% (adjusted for divestitures and FSA deconsolidation).
- Net income $247M, diluted EPS $4.56; adjusted EPS $2.05 (17% YoY growth).
- Adjusted EBITDA margin 9.8% (up 70 bps YoY); adjusted operating income margin 7.5% (up 70 bps).
- Raised FY2024 guidance: revenue $7.20-7.25B, adjusted EPS $7.20-7.40 (from $7.00-7.20).
- Notable awards: $1.3B Treasury T-Cloud IDIQ, $575M Space Force GMASS, $520M space/intel contracts.

## SEC filing metadata
- accession: 0001571123-23-000110
- form_type: 8-K
- ticker: SAIC
- cik: 0001571123
- company_name: Science Applications International Corp
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571123/000157112323000110/0001571123-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571123/000157112323000110/saic-20230907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571123-23-000110
- JSON: https://secwatch.observer/filing/0001571123-23-000110.json
- Plain text: https://secwatch.observer/filing/0001571123-23-000110.txt

## Key facts
- Earnings Releases
  Science Applications International Corp reported second fiscal quarter ended August 4, 2023 results: revenue $1.78 billion, net income $247 million, EPS $4.56. Guidance raised.
  - Period: second fiscal quarter ended August 4, 2023
  - Revenue: $1.78 billion
  - Net income: $247 million
  - EPS: $4.56
  - Guidance: raised
  - Result: reported results
  source text: EX-99.1 (EARNINGS RELEASE) --- EX-99.1 2 saic-ex991_20230907.htm EARNINGS RELEASE Document Exhibit 99.1 SAIC Announces Second Quarter of Fiscal Year 2024 Results • Revenues of $1.78 billion; 8.3% organic growth adjusted for impact of divestitures • Net income of $247 million; Adjusted EBITDA (1) of $174 million or 9.8% as a % of revenues, an increase of 70 bps
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571123/000157112323000110/0001571123-23-000110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.