Science Applications International Corporation (SAIC) announced its second-quarter fiscal year 2027 results, with revenue of $1.88 billion, a 6.3% year-over-year increase. Net bookings for the quarter were approximately $1.2 billion, resulting in a book-to-bill ratio of 0.6. As of the end of the period, the company's total backlog was approximately $22.1 billion, down from $22.6 billion at the end of fiscal year 2026, with only $3.8 billion funded. The company raised its revenue guidance for fiscal year 2027 to $7.2 billion - $7.3 billion. Adjusted diluted earnings per share (EPS) were $3.01, a 17% year-over-year decrease; adjusted EBITDA increased by 4% to $193 million, but the margin narrowed to 10.3%.