For the twelve months ended Oct 2, 2026, Leidos Holdings Inc. reported $17.80B of revenue and $1.43B of net income.
LDOS revenue was $4.63B in fiscal Q3 2026 (ended Oct 2, 2026), up 3.6% from a year earlier and up 1.6% from the prior quarter. For the full fiscal 2025 it was $17.17B, up 3.1% from fiscal 2024. Compound annual growth was +6.9% over 5 years. It rose in each of the last 9 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
LDOS net income was $410.00M in fiscal Q3 2026 (ended Oct 2, 2026), up 11.7% from a year earlier and up 15.2% from the prior quarter. For the full fiscal 2025 it was $1.45B, up 15.5% from fiscal 2024. Compound annual growth was +18.2% over 5 years. It rose in 6 of the last 9 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
LDOS diluted EPS was $3.28 in fiscal Q3 2026 (ended Oct 2, 2026), up 16.3% from a year earlier and up 16.7% from the prior quarter. For the full fiscal 2025 it was $11.14, up 20.8% from fiscal 2024. Compound annual growth was +20.6% over 5 years.
LDOS free cash flow was $476.00M in fiscal Q3 2026 (ended Oct 2, 2026), down 30.0% from a year earlier and down 37.5% from the prior quarter. For the full fiscal 2025 it was $1.63B, up 26.4% from fiscal 2024. Compound annual growth was +7.1% over 5 years. It rose in 7 of the last 9 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
| Line item | Jan 2, 2026 | Jan 3, 2025 | Dec 29, 2023 | Dec 30, 2022 | Dec 31, 2021 | Jan 1, 2021 | Jan 3, 2020 | Dec 28, 2018 | Dec 29, 2017 | Dec 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.17B | $16.66B | $15.44B | $14.40B | $13.74B | $12.30B | $11.09B | $10.19B | $10.17B | $7.04B |
| Cost of revenue | $14.07B | $13.86B | $13.19B | $12.31B | $11.72B | $10.56B | $9.55B | $8.69B | $8.74B | $6.10B |
| Gross profit | $3.10B | $2.80B | $2.24B | $2.08B | $2.01B | $1.74B | $1.55B | $1.50B | $1.43B | $940.00M |
| Research and development | $187.00M | $150.00M | $128.00M | $116.00M | $109.00M | $73.00M | $49.00M | $46.00M | $42.00M | $44.00M |
| Selling, general and admin | $999.00M | $983.00M | $942.00M | $951.00M | $851.00M | $770.00M | $689.00M | $729.00M | $737.00M | $422.00M |
| Operating income | $2.11B | $1.83B | $621.00M | $1.09B | $1.15B | $998.00M | $912.00M | $749.00M | $559.00M | $417.00M |
| Interest expense | - | - | - | - | $185.00M | $182.00M | $147.00M | $145.00M | $148.00M | $96.00M |
| Pre-tax income | $1.91B | $1.64B | $403.00M | $886.00M | $967.00M | $781.00M | $866.00M | $610.00M | $393.00M | $318.00M |
| Income tax | $447.00M | $388.00M | $195.00M | $193.00M | $208.00M | $152.00M | $196.00M | $28.00M | $29.00M | $72.00M |
| Net income | $1.45B | $1.25B | $199.00M | $685.00M | $753.00M | $628.00M | $667.00M | $581.00M | $366.00M | $244.00M |
| EPS, basic | $11.31 | $9.36 | $1.45 | $5.00 | $5.34 | $4.42 | $4.66 | $3.85 | $2.41 | $2.39 |
| EPS, diluted | $11.14 | $9.22 | $1.44 | $4.96 | $5.27 | $4.36 | $4.60 | $3.80 | $2.38 | $2.35 |
| Diluted shares | 130.0M | 136.0M | 138.0M | 138.0M | 143.0M | 144.0M | 145.0M | 153.0M | 154.0M | 104.0M |
| Line item | Jan 2, 2026 | Jan 3, 2025 | Dec 29, 2023 | Dec 30, 2022 | Dec 31, 2021 | Jan 1, 2021 | Jan 3, 2020 | Dec 28, 2018 | Dec 29, 2017 | Dec 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.11B | $991.00M | $641.00M | $525.00M | $875.00M | $687.00M | $717.00M | $369.00M | $422.00M | $396.00M |
| Receivables | $2.71B | $2.65B | $2.43B | $2.35B | $2.19B | $2.14B | $1.73B | $1.88B | $1.83B | $1.66B |
| Inventory | $342.00M | $315.00M | $310.00M | $287.00M | $274.00M | $276.00M | $72.00M | - | $76.00M | $67.00M |
| Current assets | $4.81B | $4.33B | $4.00B | $3.64B | $3.62B | $3.34B | $2.81B | $2.84B | $2.67B | $2.38B |
| Goodwill | $6.34B | $6.08B | $6.11B | $6.70B | $6.74B | $6.31B | $4.91B | $4.86B | $4.97B | $4.62B |
| Total assets | $13.49B | $13.01B | $12.70B | $13.07B | $13.26B | $12.51B | $9.37B | $8.77B | $8.99B | $9.13B |
| Current liabilities | $2.83B | $3.56B | $2.99B | $3.95B | $3.23B | $2.91B | $2.33B | $2.06B | $2.20B | $2.02B |
| Short-term debt | $20.00M | $618.00M | $18.00M | $992.00M | $483.00M | $100.00M | $61.00M | $72.00M | $55.00M | $62.00M |
| Long-term debt | $4.63B | $4.05B | $4.66B | $3.93B | $4.59B | $4.64B | $2.92B | $3.05B | $3.06B | $3.23B |
| Total debt | $4.65B | $4.67B | $4.68B | $4.92B | $5.08B | $4.74B | $2.99B | $3.12B | $3.11B | $3.29B |
| Total liabilities | $8.53B | $8.55B | $8.44B | $8.72B | $8.92B | $8.64B | $5.95B | $5.46B | $5.61B | $5.99B |
| Shareholders' equity | $4.92B | $4.46B | $4.26B | $4.35B | $4.34B | $3.87B | $3.42B | $3.31B | $3.38B | $3.15B |
| Line item | Jan 2, 2026 | Jan 3, 2025 | Dec 29, 2023 | Dec 30, 2022 | Dec 31, 2021 | Jan 1, 2021 | Jan 3, 2020 | Dec 28, 2018 | Dec 29, 2017 | Dec 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.75B | $1.44B | $1.19B | $992.00M | $1.03B | $1.33B | $992.00M | $768.00M | $526.00M | $449.00M |
| Capital expenditures | $125.00M | $149.00M | $207.00M | $129.00M | $104.00M | $183.00M | $121.00M | $73.00M | $81.00M | $29.00M |
| Free cash flow | $1.63B | $1.29B | $980.00M | $863.00M | $929.00M | $1.15B | $871.00M | $695.00M | $445.00M | $420.00M |
| Investing cash flow | -$405.00M | -$142.00M | -$211.00M | -$313.00M | -$730.00M | -$2.81B | $65.00M | -$114.00M | -$71.00M | $26.00M |
| Financing cash flow | -$1.15B | -$1.08B | -$715.00M | -$865.00M | -$113.00M | $1.45B | -$709.00M | -$707.00M | -$429.00M | -$751.00M |
| Dividends paid | - | - | - | - | - | - | - | $0 | $0 | $993.00M |
| Share repurchases | $400.00M | $850.00M | $225.00M | $0 | $237.00M | $67.00M | $25.00M | $167.00M | $0 | $0 |
| Stock-based compensation | $95.00M | $85.00M | $77.00M | $73.00M | $67.00M | $62.00M | $52.00M | $44.00M | $43.00M | $35.00M |
| Depreciation and amortization | $290.00M | $290.00M | $331.00M | $333.00M | $325.00M | $282.00M | $234.00M | $257.00M | $336.00M | $122.00M |
| Line item | Jan 2, 2026 | Jan 3, 2025 | Dec 29, 2023 | Dec 30, 2022 | Dec 31, 2021 | Jan 1, 2021 | Jan 3, 2020 | Dec 28, 2018 | Dec 29, 2017 | Dec 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 3.1% | 7.9% | 7.2% | 4.8% | 11.7% | 10.8% | 8.8% | 0.2% | 44.4% | 39.1% |
| Net income growth, YoY | 15.5% | 530.2% | -70.9% | -9.0% | 19.9% | -5.8% | 14.8% | 58.7% | 50.0% | - |
| EPS growth, YoY | 20.8% | 540.3% | -71.0% | -5.9% | 20.9% | -5.2% | 21.1% | 59.7% | - | - |
| Gross margin | 18.0% | 16.8% | 14.5% | 14.5% | 14.7% | 14.1% | 14.0% | 14.8% | 14.1% | 13.3% |
| Operating margin | 12.3% | 11.0% | 4.0% | 7.6% | 8.4% | 8.1% | 8.2% | 7.3% | 5.5% | 5.9% |
| Net margin | 8.4% | 7.5% | 1.3% | 4.8% | 5.5% | 5.1% | 6.0% | 5.7% | 3.6% | 3.5% |
| Free cash flow margin | 9.5% | 7.7% | 6.3% | 6.0% | 6.8% | 9.4% | 7.9% | 6.8% | 4.4% | 6.0% |
| Return on equity | 29.5% | 28.1% | 4.7% | 15.7% | 17.3% | 16.2% | 19.5% | 17.5% | 10.8% | 7.8% |
| Return on assets | 10.7% | 9.6% | 1.6% | 5.2% | 5.7% | 5.0% | 7.1% | 6.6% | 4.1% | 2.7% |
| Current ratio | 1.70 | 1.22 | 1.34 | 0.92 | 1.12 | 1.15 | 1.21 | 1.38 | 1.21 | 1.18 |
| Debt to equity | 0.95 | 1.05 | 1.10 | 1.13 | 1.17 | 1.23 | 0.87 | 0.94 | 0.92 | 1.04 |
| Line item | Oct 2, 2026 | Jul 3, 2026 | Apr 3, 2026 | Jan 2, 2026 | Oct 3, 2025 | Jul 4, 2025 | Apr 4, 2025 | Jan 3, 2025 | Sep 27, 2024 | Jun 28, 2024 | Mar 29, 2024 | Dec 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.63B | $4.56B | $4.40B | $4.21B | $4.47B | $4.25B | $4.25B | $4.37B | $4.19B | $4.13B | $3.98B | $3.98B |
| Cost of revenue | $3.81B | $3.74B | $3.64B | $3.47B | $3.65B | $3.47B | $3.49B | $3.67B | $3.43B | $3.43B | $3.34B | $3.38B |
| Gross profit | $820.00M | $817.00M | $761.00M | $739.00M | $821.00M | $782.00M | $757.00M | $693.00M | $762.00M | $705.00M | $638.00M | $595.00M |
| Selling, general and admin | $262.00M | $283.00M | $223.00M | $262.00M | $290.00M | $217.00M | $230.00M | $279.00M | $247.00M | $231.00M | $226.00M | $233.00M |
| Operating income | $553.00M | $514.00M | $508.00M | $473.00M | $535.00M | $571.00M | $530.00M | $421.00M | $516.00M | $475.00M | $415.00M | $361.00M |
| Pre-tax income | $482.00M | $451.00M | $429.00M | $429.00M | $484.00M | $518.00M | $478.00M | $375.00M | $470.00M | $426.00M | $368.00M | $310.00M |
| Income tax | $69.00M | $95.00M | $94.00M | $94.00M | $115.00M | $125.00M | $113.00M | $93.00M | $108.00M | $102.00M | $85.00M | $80.00M |
| Net income | $410.00M | $356.00M | $335.00M | $327.00M | $367.00M | $393.00M | $365.00M | $284.00M | $364.00M | $324.00M | $283.00M | $229.00M |
| EPS, basic | $3.31 | $2.81 | $2.60 | $2.62 | $2.87 | $3.03 | $2.79 | $2.16 | $2.72 | $2.39 | $2.09 | $1.67 |
| EPS, diluted | $3.28 | $2.81 | $2.56 | $2.54 | $2.82 | $3.01 | $2.77 | $2.10 | $2.68 | $2.37 | $2.07 | $1.68 |
| Diluted shares | 125.0M | 126.0M | 128.0M | - | 130.0M | 130.0M | 131.0M | - | 136.0M | 136.0M | 137.0M | - |
| Line item | Oct 2, 2026 | Jul 3, 2026 | Apr 3, 2026 | Jan 2, 2026 | Oct 3, 2025 | Jul 4, 2025 | Apr 4, 2025 | Jan 3, 2025 | Sep 27, 2024 | Jun 28, 2024 | Mar 29, 2024 | Dec 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $630.00M | $748.00M | $457.00M | $1.11B | $974.00M | $930.00M | $842.00M | $991.00M | $1.10B | $744.00M | $547.00M | $641.00M |
| Receivables | $2.94B | $2.97B | $3.03B | $2.71B | $2.97B | $2.92B | $2.91B | $2.65B | $2.71B | $2.62B | $2.71B | $2.43B |
| Inventory | $90.00M | $94.00M | $336.00M | $342.00M | $360.00M | $364.00M | $347.00M | $315.00M | $323.00M | $333.00M | $318.00M | $310.00M |
| Current assets | $5.08B | $5.25B | $4.40B | $4.81B | $4.85B | $4.78B | $4.55B | $4.33B | $4.67B | $4.23B | $4.15B | $4.00B |
| Goodwill | $7.72B | $7.66B | $8.09B | $6.34B | $6.34B | $6.36B | $6.10B | $6.08B | $6.12B | $6.10B | $6.10B | $6.11B |
| Total assets | $15.47B | $15.63B | $15.39B | $13.49B | $13.54B | $13.55B | $13.20B | $13.01B | $13.34B | $12.91B | $12.82B | $12.70B |
| Current liabilities | $3.18B | $3.22B | $3.15B | $2.83B | $2.99B | $2.95B | $2.96B | $3.56B | $3.78B | $3.50B | $3.08B | $2.99B |
| Short-term debt | $18.00M | $22.00M | $320.00M | $20.00M | $19.00M | $119.00M | $119.00M | $618.00M | $592.00M | $567.00M | $43.00M | $18.00M |
| Long-term debt | $6.01B | $6.01B | $6.01B | $4.63B | $4.63B | $4.99B | $5.01B | $4.05B | $4.08B | $4.11B | $4.64B | $4.66B |
| Total debt | $6.03B | $6.03B | $6.33B | $4.65B | $4.65B | $5.10B | $5.13B | $4.67B | $4.67B | $4.68B | $4.68B | $4.68B |
| Total liabilities | $10.24B | $10.30B | $10.32B | $8.53B | $8.59B | $8.84B | $8.89B | $8.55B | $8.67B | $8.40B | $8.50B | $8.44B |
| Shareholders' equity | $5.17B | $5.34B | $5.06B | $4.92B | $4.95B | $4.71B | $4.30B | $4.46B | $4.67B | $4.51B | $4.31B | $4.26B |
| Line item | Oct 2, 2026 | Jul 3, 2026 | Apr 3, 2026 | Jan 2, 2026 | Oct 3, 2025 | Jul 4, 2025 | Apr 4, 2025 | Jan 3, 2025 | Sep 27, 2024 | Jun 28, 2024 | Mar 29, 2024 | Dec 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $523.00M | $793.00M | $301.00M | $495.00M | $711.00M | $486.00M | $58.00M | $294.00M | $647.00M | $381.00M | $113.00M | $326.00M |
| Capital expenditures | $47.00M | $32.00M | $31.00M | $43.00M | $31.00M | $29.00M | $22.00M | $86.00M | $23.00M | $23.00M | $17.00M | $78.00M |
| Free cash flow | $476.00M | $761.00M | $270.00M | $452.00M | $680.00M | $457.00M | $36.00M | $208.00M | $624.00M | $358.00M | $96.00M | $248.00M |
| Investing cash flow | -$48.00M | -$38.00M | -$2.36B | -$33.00M | -$36.00M | -$314.00M | -$22.00M | -$86.00M | -$23.00M | -$21.00M | -$12.00M | -$76.00M |
| Financing cash flow | -$549.00M | -$423.00M | $1.39B | -$357.00M | -$595.00M | -$83.00M | -$110.00M | -$440.00M | -$257.00M | -$159.00M | -$228.00M | -$245.00M |
| Share repurchases | $500.00M | $66.00M | $200.00M | $300.00M | $100.00M | $0 | $0 | $400.00M | $200.00M | $100.00M | $150.00M | $200.00M |
| Stock-based compensation | $28.00M | $26.00M | $25.00M | $23.00M | $26.00M | $25.00M | $21.00M | $26.00M | $19.00M | $20.00M | $20.00M | $20.00M |
| Depreciation and amortization | $76.00M | $81.00M | $72.00M | $75.00M | $74.00M | $72.00M | $69.00M | $79.00M | $71.00M | $71.00M | $69.00M | $83.00M |
| Line item | Oct 2, 2026 | Jul 3, 2026 | Apr 3, 2026 | Jan 2, 2026 | Oct 3, 2025 | Jul 4, 2025 | Apr 4, 2025 | Jan 3, 2025 | Sep 27, 2024 | Jun 28, 2024 | Mar 29, 2024 | Dec 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 3.6% | 7.2% | 3.7% | -3.6% | 6.7% | 2.9% | 6.8% | 9.7% | 6.9% | 7.7% | 7.5% | 7.7% |
| Net income growth, YoY | 11.7% | -9.4% | -8.2% | 15.1% | 0.8% | 21.3% | 29.0% | 24.0% | - | 54.3% | 72.6% | 29.4% |
| EPS growth, YoY | 16.3% | -6.6% | -7.6% | 21.0% | 5.2% | 27.0% | 33.8% | 25.0% | - | 58.0% | 76.9% | 29.2% |
| Gross margin | 17.7% | 17.9% | 17.3% | 17.6% | 18.4% | 18.4% | 17.8% | 15.9% | 18.2% | 17.1% | 16.1% | 14.9% |
| Operating margin | 11.9% | 11.3% | 11.5% | 11.2% | 12.0% | 13.4% | 12.5% | 9.6% | 12.3% | 11.5% | 10.4% | 9.1% |
| Net margin | 8.9% | 7.8% | 7.6% | 7.8% | 8.2% | 9.2% | 8.6% | 6.5% | 8.7% | 7.8% | 7.1% | 5.8% |
| Free cash flow margin | 10.3% | 16.7% | 6.1% | 10.7% | 15.2% | 10.7% | 0.8% | 4.8% | 14.9% | 8.7% | 2.4% | 6.2% |
| Current ratio | 1.60 | 1.63 | 1.40 | 1.70 | 1.62 | 1.62 | 1.54 | 1.22 | 1.23 | 1.21 | 1.35 | 1.34 |
| Debt to equity | 1.17 | 1.13 | 1.25 | 0.95 | 0.94 | 1.08 | 1.19 | 1.05 | 1.00 | 1.04 | 1.08 | 1.10 |
Source: XBRL data Leidos Holdings Inc. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-4, first reported Dec 10, 2013.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| LDOS | $17.80B | +2.7% | $1.43B | 8.0% | $16.19B |
| CACI | $9.75B | +10.1% | $541.37M | 5.5% | $13.57B |
| BAH | $10.98B | -6.2% | $784.00M | 7.1% | $10.12B |
| SAIC | $7.40B | -0.8% | $380.00M | 5.1% | $6.13B |