Science Applications International Corporation (SAIC) Reports Strong Q1 Earnings

The defense and intelligence contractor saw a boost in revenue and profit in the first quarter of 2026.

Mar. 22, 2026 at 9:19am

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Science Applications International Corporation (SAIC), a leading provider of technical, engineering, and IT services to the U.S. government, has reported strong financial results for the first quarter of 2026. The company saw a significant increase in revenue and profitability compared to the same period last year, driven by growth in its defense and intelligence segment as well as its civilian government services.

Why it matters

SAIC's performance is a positive sign for the defense and government services industry, which has faced some uncertainty in recent years due to budget constraints and shifting priorities. The company's ability to secure new contracts and deliver strong financial results suggests it is well-positioned to continue supporting critical missions for its government clients.

The details

In the first quarter of 2026, SAIC reported revenue of $1.8 billion, up 7% from the same period in 2025. Net income also increased, rising 12% to $120 million. The company attributed the growth to new contract wins in its defense and intelligence segment, as well as continued demand for its IT modernization and digital transformation services across the federal government.

  • SAIC reported its Q1 2026 financial results on March 22, 2026.

The players

Science Applications International Corporation (SAIC)

A leading provider of technical, engineering, and IT services to the U.S. government, with a focus on the defense, intelligence, and civilian agency markets.

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What they’re saying

“We are pleased to report a strong start to the year, with growth in both revenue and profitability. Our team continues to deliver innovative solutions that support the critical missions of our government clients.”

— Nazzic Keene, CEO, Science Applications International Corporation

What’s next

SAIC is expected to provide an update on its full-year 2026 guidance when it reports its Q2 2026 results in June.

The takeaway

SAIC's solid Q1 performance underscores the company's ability to adapt to changing government priorities and maintain its position as a trusted partner for mission-critical services. As the defense and government services industry continues to evolve, SAIC's focus on innovation and customer satisfaction will be key to its long-term success.