SAIC margins surge on improved profitability; DHS shutdown resolved, contract reviews ongoing

Filed June 1, 2026 · Period ending May 1, 2026 · Compared to 10-Q Jun 2, 2025 · ~1 min read

Key Changes

• high

  Operating margin jumped to 9.4% from 6.4% year-over-year, driven by improved contract profitability across both segments and a $12M investment sale gain. Defense & Intelligence margin expanded 200 bps to 10.0%; Civilian margin up 380 bps to 15.5%.

  MD&A: Profitability verify on EDGAR →
• high

  DHS was shut down February-April 2026 due to funding lapse; partial resolution in April funded most functions through Sept 2026, but ICE and CBP remain unfunded. Administration contract reviews continue across agencies with potential for delays, terminations, or stop-work orders.

  MD&A: Government Funding verify on EDGAR →
• high

  One Big Beautiful Bill Act (July 2025) permanently reinstated immediate R&D expensing, reversing 2017 tax law. Favorable impact reflected in current effective tax rate; company still evaluating treatment of previously capitalized costs pending IRS guidance.

  MD&A: Tax Law Changes verify on EDGAR →