SAIC Profit Jumps 77% in Fiscal Q2

Science Applications International (NASDAQ:SAIC), a leading provider of technology and engineering solutions for U.S. government agencies, released its fiscal 2026 second-quarter results on Sept. 4, 2025. The most significant news was a sharp jump in profitability, as adjusted EPS rose to $3.63, up 77% year over year. However, quarterly revenue (GAAP) slipped by 3% to $1.77 billion in Q2 FY2026, missing prior growth targets and prompting management to lower full-year guidance for both revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). Despite solid margin expansion and record bookings, the quarter was marked by heightened caution as delays in contract awards and ramp-ups weighed on the company's near-term outlook.Source: SAIC. Note: Fiscal 2026's second quarter ended Aug. 1, 2025. Fiscal 2025's Q2 ended Aug. 2, 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool