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May 03, 2024

SAIC Q1 2025 Earnings Report

SAIC reported solid financial results as it began executing its enterprise growth strategy.

Key Takeaways

SAIC announced its Q1 Fiscal Year 2025 results, with revenues of $1.85 billion and net income of $77 million. The company reaffirms its Fiscal Year 2025 financial guidance.

Revenues of $1.85 billion; 0.4% organic growth.

Net income of $77 million; Adjusted EBITDA of $166 million or 9.0% of revenues.

Diluted earnings per share of $1.48; Adjusted diluted earnings per share of $1.92.

Net bookings of $2.6 billion; book-to-bill ratio of 1.4.

Total Revenue
$1.85B
Previous year: $2.03B
-8.9%
EPS
$1.92
Previous year: $2.14
-10.3%
Total Backlog
$23.6B
Previous year: $23.8B
-0.8%
Gross Profit
$213M
Previous year: $235M
-9.4%
Cash and Equivalents
$49M
Previous year: $422M
-88.4%
Free Cash Flow
$92M
Previous year: $76M
+21.1%
Total Assets
$5.25B
Previous year: $5.96B
-11.9%

SAIC

SAIC

Forward Guidance

Management reaffirms fiscal year 2025 guidance.

Positive Outlook

  • Revenue $7.35B - $7.50B
  • Adjusted EBITDA $680M - $700M
  • Adjusted EBITDA Margin 9.2% - 9.4%
  • Adjusted Diluted EPS $8.00 - $8.20
  • Free Cash Flow $490M - $510M