Overview
- Fourth‑quarter revenue was $1.75 billion with an organic decline of about 6%, adjusted EBITDA reached $181 million for a 10.3% margin, and free cash flow totaled $336 million.
- The company maintained fiscal 2027 revenue guidance of $7.0 billion to $7.2 billion and adjusted EBITDA of $705 million to $715 million while cutting its adjusted EPS outlook to $9.50 to $9.70.
- Net bookings were roughly $600 million for a book‑to‑bill ratio of about 0.3, and estimated backlog stood at approximately $22.6 billion with about $3.6 billion funded.
- Management is hiring a chief growth officer, launching a multi‑year enterprise transformation with $100 million of cost reductions, and targeting $25 billion to $28 billion of proposal submissions in fiscal 2027.
- SAIC is stepping back from commoditized enterprise IT by not bidding roughly $200 million of Cloud One work, and the board declared a $0.37 per share dividend payable on April 24, 2026.