v3.25.3
Revenues (Tables)
9 Months Ended
Oct. 31, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregated Revenues
Aggregate net changes in estimates on contracts accounted for using the cost-to-cost method of accounting were recognized in operating income as follows:
Three Months EndedNine Months Ended
October 31,
2025
November 1,
2024
October 31,
2025
November 1,
2024
(in millions, except per share amounts)
Net favorable (unfavorable) adjustments
$4 $15 $7 $15 
Net favorable (unfavorable) adjustments, after tax
4 13 7 12 
Diluted EPS impact$0.09 $0.26 $0.15 $0.23 
Disaggregated revenues by customer were as follows:
Three Months Ended
October 31, 2025
November 1, 2024
Defense and Intelligence
Civilian
Total SAIC
Defense and Intelligence
Civilian
Total SAIC
(in millions)
Department of War$970 $2 $972 $992 $13 $1,005 
Intelligence and other federal government agencies
462 387 849 517 413 930 
Commercial, state and local governments and international
7 38 45 6 35 41 
Total$1,439 $427 $1,866 $1,515 $461 $1,976 
Nine Months Ended
October 31, 2025
November 1, 2024
Defense and Intelligence
Civilian
Total SAIC
Defense and Intelligence
Civilian
Total SAIC
(in millions)
Department of War$2,872 $7 $2,879 $2,916 $15 $2,931 
Intelligence and other federal government agencies
1,351 1,155 2,506 1,430 1,158 2,588 
Commercial, state and local governments and international
23 104 127 20 102 122 
Total$4,246 $1,266 $5,512 $4,366 $1,275 $5,641 
Disaggregated revenues by contract type were as follows:
Three Months Ended
October 31, 2025
November 1, 2024
Defense and Intelligence
Civilian
Total SAIC
Defense and Intelligence
Civilian
Total SAIC
(in millions)
Cost reimbursement$1,148 $15 $1,163 $1,245 $28 $1,273 
Time and materials ("T&M")
129 288 417 119 287 406 
Firm-fixed price ("FFP")
162 124 286 151 146 297 
Total$1,439 $427 $1,866 $1,515 $461 $1,976 
Nine Months Ended
October 31, 2025
November 1, 2024
Defense and Intelligence
Civilian
Total SAIC
Defense and Intelligence
Civilian
Total SAIC
(in millions)
Cost reimbursement$3,375 $48 $3,423 $3,464 $69 $3,533 
Time and materials ("T&M")
387 856 1,243 430 819 1,249 
Firm-fixed price ("FFP")
484 362 846 472 387 859 
Total$4,246 $1,266 $5,512 $4,366 $1,275 $5,641 
Disaggregated revenues by prime versus subcontractor were as follows:
Three Months Ended
October 31, 2025November 1, 2024
Defense and Intelligence
Civilian
Total SAIC
Defense and Intelligence
Civilian
Total SAIC
(in millions)
Prime contractor to federal government$1,316 $352 $1,668 $1,384 $385 $1,769 
Subcontractor to federal government116 37 153 125 41 166 
Other7 38 45 6 35 41 
Total$1,439 $427 $1,866 $1,515 $461 $1,976 
Nine Months Ended
October 31, 2025
November 1, 2024
Defense and Intelligence
Civilian
Total SAIC
Defense and Intelligence
Civilian
Total SAIC
(in millions)
Prime contractor to federal government$3,854 $1,053 $4,907 $3,976 $1,062 $5,038 
Subcontractor to federal government369 109 478 370 111 481 
Other23 104 127 20 102 122 
Total$4,246 $1,266 $5,512 $4,366 $1,275 $5,641 
Contract Related Assets and Liabilities
Contract balances for the periods presented were as follows:
Balance Sheet line itemOctober 31,
2025
January 31,
2025
 (in millions)
Billed and billable receivables, net(1)
Receivables, net$554 $526 
Contract assets - unbillable receivablesReceivables, net491 474 
Contract assets - unbillable receivables
Other assets
16 29 
Contract assets - contract retentionsOther assets16 15 
Contract liabilities - current
Other accrued liabilities
24 38 
Contract liabilities - non-current
Other long-term liabilities
1 — 
(1)    Net of allowance of $3 million as of October 31, 2025 and January 31, 2025.