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Feb 02, 2024

SAIC Q4 2024 Earnings Report

SAIC reported strong Q4 2024 financial results, exceeding expectations for revenue, earnings per share, and free cash flow.

Key Takeaways

SAIC announced its Q4 FY24 results, with revenues at $1.74 billion and a net income of $39 million. The adjusted EPS stood at $1.43, and the company reported cash flows from operating activities of $63 million. The company's FY25 guidance reflects higher revenue and free cash flow.

Q4 FY24 revenues reached $1.74 billion, demonstrating 7.7% organic growth.

Net income for Q4 FY24 was $39 million, with an adjusted EBITDA of $127 million, representing 7.3% of revenue.

Q4 FY24 diluted earnings per share was $0.74, while adjusted diluted earnings per share was $1.43.

Cash flows from operating activities in Q4 FY24 amounted to $63 million, with a transaction-adjusted free cash flow of $119 million.

Total Revenue
$1.74B
Previous year: $1.97B
-11.7%
EPS
$1.43
Previous year: $2.04
-29.9%
Total Backlog
$22.8B
Previous year: $23.8B
-4.4%
Book-to-Bill Ratio
0.9
Gross Profit
$192M
Previous year: $222M
-13.5%
Cash and Equivalents
$94M
Previous year: $109M
-13.8%
Free Cash Flow
$97M
Previous year: $148M
-34.5%
Total Assets
$5.31B
Previous year: $5.54B
-4.1%

SAIC

SAIC

SAIC Revenue by Segment

Forward Guidance

SAIC provided its outlook for fiscal year 2025, with revenue expected to be between $7.35B and $7.50B, adjusted EBITDA margin between 9.2% and 9.4%, adjusted diluted EPS between $8.00 and $8.20, and free cash flow between $490M and $510M.

Positive Outlook

  • Revenue is expected to be between $7.35B and $7.50B.
  • Adjusted EBITDA margin is projected to be between 9.2% and 9.4%.
  • Adjusted Diluted EPS is anticipated to be between $8.00 and $8.20.
  • Free Cash Flow is forecasted to be between $490M and $510M.
  • Company expects higher revenue and free cash flow.

Revenue & Expenses

Visualization of income flow from segment revenue to net income