Science Applications International Corp income statement
In fiscal 2026, Science Applications International Corp reported revenue of $7.26bn, down 2.9% on the year before, operating income of $521m (a 7.2% margin) and net income of $358m, or $7.70 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Jan 2012 | 2013Jan 2013 | 2014Jan 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Feb 2017 | 2018Feb 2018 | 2019Feb 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Feb 2023 | 2024Feb 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,733 | 4,781 | 4,121 | 3,885 | 4,315 | 4,442 | 4,454 | 4,659 | 6,379 | 7,056 | 7,394 | 7,704 | 7,444 | 7,479 | 7,262 | 7,402 |
| Cost of revenue | 4,307 | 4,373 | 3,788 | 3,550 | 3,904 | 4,003 | 4,043 | 4,195 | 5,673 | 6,264 | 6,535 | 6,816 | 6,572 | 6,587 | 6,390 | 6,466 |
| Gross profit | 426 | 408 | 333 | 335 | 411 | 439 | 411 | 464 | 706 | 792 | 859 | 888 | 872 | 892 | 872 | 936 |
| Research and development | 8 | 3 | 4 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 4 | 1 | 4 | 12 | 13 | — |
| Selling, general and administrative | 127 | 99 | 92 | 95 | 184 | 166 | 155 | 158 | 288 | 352 | 344 | 374 | 373 | 339 | 350 | 356 |
| Operating income | 299 | 281 | 183 | 240 | 227 | 263 | 256 | 220 | 370 | 390 | 462 | 501 | 741 | 563 | 521 | 592 |
| Interest expense | — | — | 7 | 17 | 44 | 52 | 44 | 53 | 90 | 122 | 105 | 120 | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | — | — | — | −105 | −118 | −120 | −126 | — | — |
| Income before tax | 298 | 281 | 176 | 223 | 183 | 212 | 214 | 170 | 286 | 271 | 358 | 375 | 620 | 428 | 387 | 457 |
| Income tax | 116 | 99 | 63 | 82 | 66 | 69 | 35 | 33 | 57 | 60 | 79 | 72 | 143 | 66 | 29 | 77 |
| Net income | 182 | 182 | 113 | 141 | 117 | 143 | 179 | 137 | 226 | 209 | 277 | 300 | 477 | 362 | 358 | 380 |
| Diluted EPS | $3.66 | $3.66 | $2.27 | $2.91 | $2.47 | $3.12 | $4.02 | $3.11 | $3.83 | $3.56 | $4.77 | $5.38 | $8.88 | $7.17 | $7.70 | $8.53 |
| Diluted shares (average) | 50m | 50m | 50m | 49m | 47m | 46m | 45m | 44m | 59m | 59m | 58m | 56m | 54m | 51m | 47m | 45m |
| EBITDA | 314 | 291 | 194 | 259 | 253 | 286 | 279 | 243 | 406 | 422 | 499 | 533 | 767 | 588 | 551 | 569 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Jan 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1May 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,976 | 1,838 | 1,877 | 1,769 | 1,866 | 1,750 | 1,906 | 1,880 |
| Cost of revenue | 1,739 | 1,606 | 1,668 | 1,554 | 1,639 | 1,529 | 1,657 | 1,641 |
| Gross profit | 237 | 232 | 209 | 215 | 227 | 221 | 249 | 239 |
| Selling, general and administrative | 83 | 94 | 89 | 75 | 101 | 85 | 83 | 87 |
| Operating income | 160 | 138 | 121 | 139 | 128 | 133 | 179 | 152 |
| Interest expense | 32 | — | — | — | — | — | — | — |
| Income before tax | 126 | 107 | 86 | 108 | 94 | 99 | 145 | 119 |
| Income tax | 20 | 9 | 18 | −19 | 16 | 14 | 30 | 17 |
| Net income | 106 | 98 | 68 | 127 | 78 | 85 | 115 | 102 |
| Diluted EPS | $2.13 | $2.00 | $1.42 | $2.71 | $1.69 | $1.88 | $2.61 | $2.38 |
| EBITDA | 166 | 59 | 157 | 145 | 137 | 54 | 219 | 159 |
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