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Side-by-side financial comparison of Science Applications International Corp (SAIC) and Ulta Beauty (ULTA). Click either name above to swap in a different company.

Ulta Beauty is the larger business by last-quarter revenue ($3.9B vs $1.9B, roughly 2.1× Science Applications International Corp). Ulta Beauty runs the higher net margin — 9.1% vs 4.2%, a 5.0% gap on every dollar of revenue. On growth, Ulta Beauty posted the faster year-over-year revenue change (100.0% vs 2.6%). Over the past eight quarters, Ulta Beauty's revenue compounded faster (4.7% CAGR vs 2.3%).

Science Applications International Corporation, Inc. (SAIC) is an American technology company headquartered in Reston, Virginia that provides government services and information technology support.

Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc. and before 2000 as Ulta3, is an American chain of cosmetic stores headquartered in Bolingbrook, Illinois. Ulta Beauty carries both high- and low-end cosmetics, fragrances, nail products, bath and body products, beauty tools and haircare products. Each location has a beauty salon available to the public.

SAIC vs ULTA — Head-to-Head

Bigger by revenue
ULTA
ULTA
2.1× larger
ULTA
$3.9B
$1.9B
SAIC
Growing faster (revenue YoY)
ULTA
ULTA
+97.4% gap
ULTA
100.0%
2.6%
SAIC
Higher net margin
ULTA
ULTA
5.0% more per $
ULTA
9.1%
4.2%
SAIC
Faster 2-yr revenue CAGR
ULTA
ULTA
Annualised
ULTA
4.7%
2.3%
SAIC

Income Statement — Q3 FY2026 vs Q1 FY2027

Metric
SAIC
SAIC
ULTA
ULTA
Revenue
$1.9B
$3.9B
Net Profit
$78.0M
$356.7M
Gross Margin
12.2%
38.1%
Operating Margin
6.9%
12.2%
Net Margin
4.2%
9.1%
Revenue YoY
2.6%
100.0%
Net Profit YoY
-3.7%
9.1%
EPS (diluted)
$1.69
$8.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SAIC
SAIC
ULTA
ULTA
Q1 26
$3.9B
Q4 25
$1.9B
$2.9B
Q3 25
$2.8B
Q2 25
$1.9B
$2.8B
Q4 24
$2.0B
$2.5B
Q3 24
$1.8B
$2.6B
Q2 24
$1.8B
$2.7B
Q1 24
$1.7B
$3.6B
Net Profit
SAIC
SAIC
ULTA
ULTA
Q1 26
$356.7M
Q4 25
$78.0M
$230.9M
Q3 25
$260.9M
Q2 25
$68.0M
$305.1M
Q4 24
$106.0M
$242.2M
Q3 24
$81.0M
$252.6M
Q2 24
$77.0M
$313.1M
Q1 24
$39.0M
$394.4M
Gross Margin
SAIC
SAIC
ULTA
ULTA
Q1 26
38.1%
Q4 25
12.2%
40.4%
Q3 25
39.2%
Q2 25
11.1%
39.1%
Q4 24
12.0%
39.7%
Q3 24
11.6%
38.3%
Q2 24
11.5%
39.2%
Q1 24
11.1%
37.7%
Operating Margin
SAIC
SAIC
ULTA
ULTA
Q1 26
12.2%
Q4 25
6.9%
10.8%
Q3 25
12.4%
Q2 25
6.4%
14.1%
Q4 24
8.1%
12.6%
Q3 24
7.4%
12.9%
Q2 24
7.1%
14.7%
Q1 24
4.5%
14.5%
Net Margin
SAIC
SAIC
ULTA
ULTA
Q1 26
9.1%
Q4 25
4.2%
8.1%
Q3 25
9.4%
Q2 25
3.6%
10.7%
Q4 24
5.4%
9.6%
Q3 24
4.5%
9.9%
Q2 24
4.2%
11.5%
Q1 24
2.2%
11.1%
EPS (diluted)
SAIC
SAIC
ULTA
ULTA
Q1 26
$8.01
Q4 25
$1.69
$5.14
Q3 25
$5.78
Q2 25
$1.42
$6.70
Q4 24
$2.13
$5.14
Q3 24
$1.58
$5.30
Q2 24
$1.48
$6.47
Q1 24
$0.77
$8.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SAIC
SAIC
ULTA
ULTA
Cash + ST InvestmentsLiquidity on hand
$45.0M
$494.2M
Total DebtLower is stronger
$2.5B
$62.3M
Stockholders' EquityBook value
$1.5B
$2.8B
Total Assets
$5.4B
$7.0B
Debt / EquityLower = less leverage
1.64×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAIC
SAIC
ULTA
ULTA
Q1 26
$494.2M
Q4 25
$45.0M
$204.9M
Q3 25
$242.7M
Q2 25
$47.0M
$454.6M
Q4 24
$46.0M
$177.8M
Q3 24
$48.0M
$414.0M
Q2 24
$49.0M
$524.6M
Q1 24
$94.0M
$766.6M
Total Debt
SAIC
SAIC
ULTA
ULTA
Q1 26
$62.3M
Q4 25
$2.5B
Q3 25
Q2 25
$2.3B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
SAIC
SAIC
ULTA
ULTA
Q1 26
$2.8B
Q4 25
$1.5B
$2.6B
Q3 25
$2.6B
Q2 25
$1.5B
$2.4B
Q4 24
$1.6B
$2.3B
Q3 24
$1.6B
$2.3B
Q2 24
$1.8B
$2.3B
Q1 24
$1.8B
$2.3B
Total Assets
SAIC
SAIC
ULTA
ULTA
Q1 26
$7.0B
Q4 25
$5.4B
$7.0B
Q3 25
$6.6B
Q2 25
$5.2B
$6.0B
Q4 24
$5.3B
$6.0B
Q3 24
$5.3B
$5.7B
Q2 24
$5.3B
$5.6B
Q1 24
$5.3B
$5.7B
Debt / Equity
SAIC
SAIC
ULTA
ULTA
Q1 26
0.02×
Q4 25
1.64×
Q3 25
Q2 25
1.52×
Q4 24
1.34×
Q3 24
1.33×
Q2 24
1.18×
Q1 24
1.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SAIC
SAIC
ULTA
ULTA
Operating Cash FlowLast quarter
$129.0M
$1.5B
Free Cash FlowOCF − Capex
$120.0M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.5%
11.2%
Cash ConversionOCF / Net Profit
1.65×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$478.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAIC
SAIC
ULTA
ULTA
Q1 26
$1.5B
Q4 25
$129.0M
$5.6M
Q3 25
$96.5M
Q2 25
$100.0M
$220.0M
Q4 24
$143.0M
$-56.8M
Q3 24
$138.0M
$199.5M
Q2 24
$98.0M
$159.3M
Q1 24
$63.0M
$1.1B
Free Cash Flow
SAIC
SAIC
ULTA
ULTA
Q1 26
Q4 25
$120.0M
$-81.6M
Q3 25
$19.6M
Q2 25
$92.0M
$141.0M
Q4 24
$134.0M
$-171.1M
Q3 24
$132.0M
$104.3M
Q2 24
$92.0M
$68.3M
Q1 24
$52.0M
$994.0M
FCF Margin
SAIC
SAIC
ULTA
ULTA
Q1 26
Q4 25
6.4%
-2.9%
Q3 25
0.7%
Q2 25
4.9%
4.9%
Q4 24
6.8%
-6.8%
Q3 24
7.3%
4.1%
Q2 24
5.0%
2.5%
Q1 24
3.0%
28.0%
Capex Intensity
SAIC
SAIC
ULTA
ULTA
Q1 26
11.2%
Q4 25
0.5%
3.1%
Q3 25
2.8%
Q2 25
0.4%
2.8%
Q4 24
0.5%
4.5%
Q3 24
0.3%
3.7%
Q2 24
0.3%
3.3%
Q1 24
0.6%
3.5%
Cash Conversion
SAIC
SAIC
ULTA
ULTA
Q1 26
4.21×
Q4 25
1.65×
0.02×
Q3 25
0.37×
Q2 25
1.47×
0.72×
Q4 24
1.35×
-0.23×
Q3 24
1.70×
0.79×
Q2 24
1.27×
0.51×
Q1 24
1.62×
2.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SAIC
SAIC

Prime Contractor$1.3B71%
Civilian$427.0M23%
Subcontractor$116.0M6%
Commercial State And Local Agencies$7.0M0%

ULTA
ULTA

Segment breakdown not available.

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