secwatch.observer — SEC 8-K summary
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Issuer:     Science Applications International Corp (SAIC)
CIK:        0001571123
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0001571123-25-000164
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAIC Q2 revenue down 3% YoY to $1.77B; lowers FY2026 revenue and EBITDA guidance
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- Net income $127M, diluted EPS $2.71 vs $1.58 YoY; adjusted diluted EPS $3.63 vs $2.05.
- Adjusted EBITDA $185M (10.5% margin) up 9% YoY; free cash flow $150M down 38%.
- Net bookings $2.6B, book-to-bill 1.5; notable awards: HOPE 2.0 ($928M) and Treasury cloud ($728M).
- FY2026 revenue guidance cut to $7.25-7.325B from $7.6-7.75B; adjusted EBITDA guidance cut to $680-690M.
- Quarterly dividend $0.37 per share declared, payable Oct 24 to holders of record Oct 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571123/000157112325000164/0001571123-25-000164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571123/000157112325000164/saic-20250904.htm
  HTML page:      https://secwatch.observer/filing/0001571123-25-000164

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer