Science Applications International Corporation (SAIC) has released its second quarter fiscal year 2026 results, showcasing a mixed performance marked by both revenue decline and strong profitability. While revenues dipped slightly from the previous year, SAIC’s earnings per share exceeded expectations for this period. Factors contributing to this outcome include improved contract performance, cost management, and a robust backlog of $23.2 billion across defense, intelligence, and civilian markets. The company has adjusted its fiscal year 2026 guidance, reflecting challenges in contract growth and delays in new business awards. SAIC remains optimistic about executing its strategic roadmap despite these headwinds, with expectations for continued strong profitability and financial management.