SAIC to Report Q1 Earnings Monday, Revenue Expected to Decline 2.4%

Science Applications International Corporation (NASDAQ:SAIC) will announce quarterly results on June 1, 2026, with analysts projecting revenue of about $1.71 billion, a 2.4% year-over-year drop that reverses the 1.6% growth posted in the same period last year. The government IT provider’s prior quarter saw a 4.8% revenue decline to $1.75 billion, missing estimates, and full-year guidance that fell significantly short of expectations, even as it beat on EPS. SAIC has repeatedly missed Wall Street revenue targets over the past two years. Analyst estimates have been largely unchanged in recent weeks, indicating expectations that the business will hold course. In contrast, peer firms UL Solutions and Jacobs Solutions each delivered year-over-year revenue increases of 7.5% and 8.8% in their first-quarter reports and topped consensus forecasts. SAIC shares have gained 11.3% over the past month, outpacing the sector’s average 7.6% rise. The stock closed at $106.76 on May 29, slightly below the average analyst price target of $108.30.