| Contract with Customer, Asset and Liability |
Aggregate net changes in estimates on contracts accounted for using the cost-to-cost method of accounting were recognized in operating income as follows: | | | | | | | | | | | | | | | | | | | Year Ended | | January 30, 2026 | | January 31, 2025 | | February 2, 2024 | | (in millions, except per share amounts) | | Favorable adjustments | $ | 22 | | | $ | 33 | | | $ | 32 | | | Unfavorable adjustments | (21) | | | (18) | | | (32) | | | Net favorable adjustments | 1 | | | 15 | | | — | | | Income tax effect | — | | | (2) | | | — | | | Net favorable adjustments, after tax | 1 | | | 13 | | | — | | Basic and Diluted EPS impact | $ | 0.02 | | | $ | 0.26 | | | $ | — | | | | | | | |
Contract balances for the periods presented were as follows: | | | | | | | | | | | | | | | | Balance Sheet line item | January 30, 2026 | | January 31, 2025 | | | | (in millions) | Billed and billable receivables, net(1) | Receivables, net | $ | 490 | | | $ | 526 | | | Contract assets - unbillable receivables | Receivables, net | 363 | | | 474 | | Contract assets - unbillable receivables | Other assets | 23 | | | 29 | | | Contract assets - contract retentions | Other assets | 18 | | | 15 | | | Contract liabilities - current | Other accrued liabilities | 41 | | | 38 | | | Contract liabilities - non-current | Other long-term liabilities | $ | 2 | | | $ | — | |
(1) Net of allowance of $2 million and $3 million as of January 30, 2026 and January 31, 2025 respectively.
|
| Disaggregation of Revenue |
Disaggregated revenues by customer were as follows: | | | | | | | | | | | | | | | | | |
| Year Ended January 30, 2026 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | Department of War | $ | 3,770 | | | $ | 8 | | | $ | 3,778 | | Intelligence and other federal government agencies | 1,782 | | | 1,521 | | | 3,303 | | Commercial, state and local governments and international | 29 | | | 152 | | | 181 | | | Total | $ | 5,581 | | | $ | 1,681 | | | $ | 7,262 | |
| | | | | | | | | | | | | | | | | |
| Year Ended January 31, 2025 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | Department of War | $ | 3,856 | | | $ | 17 | | | $ | 3,873 | | Intelligence and other federal government agencies | 1,841 | | | 1,601 | | | 3,442 | | Commercial, state and local governments and international | 29 | | | 135 | | | 164 | | | Total | $ | 5,726 | | | $ | 1,753 | | | $ | 7,479 | |
| | | | | | | | | | | | | | | | | |
| Year Ended February 2, 2024 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | Department of War | $ | 3,814 | | | $ | 26 | | | $ | 3,840 | | Intelligence and other federal government agencies | 1,986 | | | 1,464 | | | 3,450 | | Commercial, state and local governments and international | 17 | | | 137 | | | 154 | | | Total | $ | 5,817 | | | $ | 1,627 | | | $ | 7,444 | |
Disaggregated revenues by contract type were as follows: | | | | | | | | | | | | | | | | | |
| Year Ended January 30, 2026 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | | Cost reimbursement | $ | 4,429 | | | $ | 56 | | | $ | 4,485 | | Time and materials ("T&M") | 510 | | | 1,123 | | | 1,633 | | Firm-fixed price ("FFP") | 642 | | | 502 | | | 1,144 | | | Total | $ | 5,581 | | | $ | 1,681 | | | $ | 7,262 | |
| | | | | | | | | | | | | | | | | |
| Year Ended January 31, 2025 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | | Cost reimbursement | $ | 4,548 | | | $ | 88 | | | $ | 4,636 | | Time and materials ("T&M") | 559 | | | 1,088 | | | 1,647 | | Firm-fixed price ("FFP") | 619 | | | 577 | | | 1,196 | | | Total | $ | 5,726 | | | $ | 1,753 | | | $ | 7,479 | |
| | | | | | | | | | | | | | | | | |
| Year Ended February 2, 2024 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | | Cost reimbursement | $ | 4,442 | | | $ | 85 | | | $ | 4,527 | | Time and materials ("T&M") | 491 | | | 972 | | | 1,463 | | Firm-fixed price ("FFP") | 884 | | | 570 | | | 1,454 | | | Total | $ | 5,817 | | | $ | 1,627 | | | $ | 7,444 | |
Disaggregated revenues by prime versus subcontractor were as follows: | | | | | | | | | | | | | | | | | |
| Year Ended January 30, 2026 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | | Prime contractor to federal government | $ | 5,073 | | | $ | 1,391 | | | $ | 6,464 | | | Subcontractor to federal government | 479 | | | 138 | | | 617 | | | Other | 29 | | | 152 | | | 181 | | | Total | $ | 5,581 | | | $ | 1,681 | | | $ | 7,262 | |
| | | | | | | | | | | | | | | | | |
| Year Ended January 31, 2025 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | | Prime contractor to federal government | $ | 5,198 | | | $ | 1,471 | | | $ | 6,669 | | | Subcontractor to federal government | 499 | | | 147 | | | 646 | | | Other | 29 | | | 135 | | | 164 | | | Total | $ | 5,726 | | | $ | 1,753 | | | $ | 7,479 | |
| | | | | | | | | | | | | | | | | |
| Year Ended February 2, 2024 | | Defense and Intelligence | | Civilian | | Total SAIC | | | (in millions) | | Prime contractor to federal government | $ | 5,355 | | | $ | 1,367 | | | $ | 6,722 | | | Subcontractor to federal government | 445 | | | 123 | | | 568 | | | Other | 17 | | | 137 | | | 154 | | | Total | $ | 5,817 | | | $ | 1,627 | | | $ | 7,444 | |
|