Science Applications International CorpSAIC
Science Applications International Corp Segments Disclosure
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Effective February 3, 2024, the first day of fiscal 2025, the Company completed a business reorganization which replaced its previous two customer facing operating sectors with five customer facing business groups supported by the enterprise organizations, including the Innovation Factory. The five business groups represent the Company’s operating segments and have been aggregated into two reportable segments (Defense and Intelligence, and Civilian) given the similarity in economic and qualitative characteristics, and based on the nature of the customers they serve. The Company defines its operating segments based on the way the CODM, currently the Company's CEO, manages the operations for the purpose of allocating resources and assessing performance.
The Defense and Intelligence segment provides a diverse portfolio of national security solutions to the DoW and the Intelligence Community of the United States Government.
The Civilian segment provides solutions to the civilian markets, encompassing federal, state, and local governments, in order to deliver services for citizen well-being, border security, and protecting lives. This includes integrating solutions into a spectrum of public service missions that impact travel, trade, health and the economy.
The offerings of both reportable segments entail the integration of emerging technologies into mission critical operations that modernize and enable national imperatives, including IT modernization, digital engineering, AI, mission systems support, training and simulation, and ground vehicles support. These services include end-to-end solutions spanning the design, development, integration, deployment, management and operations, sustainment and security of the customers’ entire IT infrastructure.
Costs associated with corporate functions that are not allocable to the reportable segments are presented as Corporate.
The CODM reviews and evaluates segment operating performance using segment "Revenues" and "Adjusted operating income (loss)". Adjusted operating income is a performance measure that primarily excludes the impact of non-recurring transactions and activities that the Company does not consider to be indicative of its ongoing operating performance. Adjusted operating income is calculated by taking operating income and excluding depreciation and amortization, acquisition, integration, restructuring, and impairment costs, and any other material non-recurring costs. The CODM uses revenues and adjusted operating income to assess the financial performance of each operating segment against pre-established performance targets and to allocate resources for strategic business decisions, including investments in certain products or services, potential acquisitions or divestitures, and capital deployment. Labor base is the significant expense that is regularly provided to the CODM, and primarily includes direct labor on customer contracts.
The segment information for the periods presented was as follows:
Year Ended January 30, 2026 | |||||||||||||||||||||||
| Defense and Intelligence | Civilian | Corporate | Total SAIC | ||||||||||||||||||||
| (in millions) | |||||||||||||||||||||||
| Revenues | $ | 5,581 | $ | 1,681 | $ | — | $ | 7,262 | |||||||||||||||
| Labor base | 1,645 | 497 | — | 2,142 | |||||||||||||||||||
Other operating expenses(1) | 3,458 | 956 | 4 | 4,418 | |||||||||||||||||||
| Adjusted operating income (loss) | $ | 478 | $ | 228 | $ | (4) | $ | 702 | |||||||||||||||
Year Ended January 31, 2025 | |||||||||||||||||||||||
| Defense and Intelligence | Civilian | Corporate | Total SAIC | ||||||||||||||||||||
| (in millions) | |||||||||||||||||||||||
| Revenues | $ | 5,726 | $ | 1,753 | $ | — | $ | 7,479 | |||||||||||||||
| Labor base | 1,627 | 500 | — | 2,127 | |||||||||||||||||||
Other operating expenses(1) | 3,590 | 1,037 | 20 | 4,647 | |||||||||||||||||||
| Adjusted operating income (loss) | $ | 509 | $ | 216 | $ | (20) | $ | 705 | |||||||||||||||
Year Ended February 2, 2024 | |||||||||||||||||||||||
| Defense and Intelligence | Civilian | Corporate | Total SAIC | ||||||||||||||||||||
| (in millions) | |||||||||||||||||||||||
| Revenues | $ | 5,817 | $ | 1,627 | $ | — | $ | 7,444 | |||||||||||||||
| Labor base | 1,597 | 482 | — | 2,079 | |||||||||||||||||||
Other operating expenses(1) | 3,716 | 939 | 51 | 4,706 | |||||||||||||||||||
| Adjusted operating income (loss) | $ | 504 | $ | 206 | $ | (51) | $ | 659 | |||||||||||||||
(1) "Other operating expenses" includes cost of revenues, selling, general and administrative expenses, and other operating income or loss which are not regularly provided to the CODM. This excludes labor base which is presented separately.
The table below includes a reconciliation of total "Adjusted operating income" to "Income before income taxes" for the years ended January 30, 2026, January 31, 2025, and February 2, 2024.
| Year Ended | |||||||||||||||||
| January 30, 2026 | January 31, 2025 | February 2, 2024 | |||||||||||||||
| (in millions) | |||||||||||||||||
| Adjusted operating income | $ | 702 | $ | 705 | $ | 659 | |||||||||||
| Depreciation of property, plant, and equipment | 30 | 25 | 26 | ||||||||||||||
| Amortization of intangible assets | 119 | 115 | 115 | ||||||||||||||
| Acquisition, integration, restructuring and impairment costs | 16 | 6 | 24 | ||||||||||||||
| Depreciation included in restructuring and impairment costs | (1) | (1) | (1) | ||||||||||||||
Recovery of acquisition, integration, restructuring and impairment costs(1) | (6) | (3) | (6) | ||||||||||||||
| Executive transition costs, net of recoveries | 16 | — | — | ||||||||||||||
| Costs related to the settlement of federal tax audits | 7 | — | — | ||||||||||||||
(Gain) loss on divestitures, net of transaction costs | — | — | (240) | ||||||||||||||
Interest expense, net | 128 | 126 | 120 | ||||||||||||||
Other (income) expense, net | 6 | 9 | 1 | ||||||||||||||
| Income before income taxes | $ | 387 | $ | 428 | $ | 620 | |||||||||||
(1) Adjustment reflects the portion of acquisition, integration, restructuring and impairment costs recovered through our indirect rates in accordance with U.S. government Cost Accounting Standards.
Asset information by segment is not a key measure of performance used by the CODM.
Substantially all of the Company’s revenues and tangible long-lived assets are generated and located in the United States. As such, financial information by geographic location is not presented.
In each of fiscal 2026, 2025 and 2024, 98% of the Company's total revenues were attributable to prime contracts with the U.S. government or to subcontracts with other contractors engaged in work for the U.S. government.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Mar 16, 2026 | Showing above |
| 2025 | Mar 17, 2025 | |
| 2024 | Mar 20, 2024 | |
| 2023 | Apr 3, 2023 | |
| 2022 | Mar 28, 2022 | |
| 2021 | Mar 26, 2021 | |
| 2020 | Mar 27, 2020 | |
| 2019 | Mar 29, 2019 | |
| 2018 | Mar 29, 2018 | |
| 2017 | Mar 30, 2017 | |
| 2016 | Mar 29, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.