Leidos

LDOS Industrials Market cap $16.7B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 4 – Jul 3, 2026 reported Aug 4, 2026

Revenue$4.56B +7% year over year

Gross profit$0.82B 18% margin

Operating profit$0.51B 11% margin

Net profit$0.35B 8% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jul 3, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.56	100%	+7%
Intelligence & digital	1.50	33%
Health	1.09	24%
Homeland	1.02	22%
Defense	0.96	21%
Cost of revenue	−3.74	82%
Gross profit	0.82	18% margin	−1pp
SG&A	−0.28	6%	+1pp
Other	−0.02	1%
Operating profit	0.51	11% margin	−2pp
Interest & other costs	−0.07
Tax	−0.10
Net profit	0.35	8% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Apr 3, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.40	100%	+4%
Health	1.19	27%
Defense	0.88	20%
Homeland	0.82	19%
Commercial & non-U.S.	0.59	13%
Time-&-materials	0.57	13%
International	0.36	8%
Cost of revenue	−3.64	83%
Gross profit	0.76	17% margin	−1pp
SG&A	−0.22	5%	+0pp
Other	−0.03	1%	+0pp
Operating profit	0.51	12% margin	−1pp
Interest & other costs	−0.09
Tax	−0.09
Net profit	0.33	7% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jan 2, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.21	100%	−4%
Cost of revenue	−3.47	82%
Gross profit	0.74	18% margin	+2pp
SG&A	−0.27	6%	+0pp
Operating profit	0.47	11% margin	+2pp
Interest & other costs	−0.05
Tax	−0.09
Net profit	0.33	8% margin	+1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Oct 3, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.47	100%	+7%
National security & digital	2.02	45%	+8%
Health & civil	1.30	29%	+6%
Defense systems	0.58	13%	+11%
Commercial & international	0.57	13%	−1%
Cost of revenue	−3.65	82%
Gross profit	0.82	18% margin	+0pp
SG&A	−0.29	6%	+1pp
Operating profit	0.54	12% margin	+0pp
Interest & other costs	−0.05
Tax	−0.12
Net profit	0.37	8% margin

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jul 4, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.25	100%	+3%
National security & digital	1.87	44%
Health & civil	1.27	30%
Commercial & international	0.57	13%
Defense systems	0.54	13%
Cost of revenue	−3.47	81%
Gross profit	0.79	19% margin	+1pp
SG&A	−0.22	5%	+0pp
Operating profit	0.57	13% margin	+2pp
Interest & other costs	−0.06
Tax	−0.13
Net profit	0.39	9% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Jan 3, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.37	100%	+10%
Commercial & international	2.25	52%
Defense systems	2.03	46%
Other	0.08	2%
Cost of revenue	−3.67	84%
Gross profit	0.70	16% margin	+1pp
SG&A	−0.28	6%	+1pp
Operating profit	0.42	10% margin	+1pp
Interest & other costs	−0.04
Tax	−0.09
Net profit	0.28	7% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 27, 2024).
Item	Value	Share of revenue	Year over year
Revenue	4.19	100%	+7%
National security & digital	1.87	45%
Health & civil	1.23	29%
Commercial & international	0.58	14%
Defense systems	0.52	12%
Cost of revenue	−3.43	82%
Gross profit	0.76	18% margin	+3pp
SG&A	−0.25	6%	+0pp
Operating profit	0.52	12% margin	+21pp
Interest & other costs	−0.04
Tax	−0.11
Net profit	0.36	9% margin	+19pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 4 – Jul 3, 2026 reported Aug 4, 2026 Operating margin 11% Net profit $0.35B	Apr 4 – Jul 3, 2026	Aug 4, 2026	$4.56B	+7%	11%	$0.35B	8%
Q1 FY26 Jan 3 – Apr 3, 2026 reported May 5, 2026 Operating margin 12% Net profit $0.33B	Jan 3 – Apr 3, 2026	May 5, 2026	$4.40B	+4%	12%	$0.33B	7%
Q4 FY25 Oct 4, 2025 – Jan 2, 2026 reported Feb 17, 2026 Operating margin 11% Net profit $0.33B	Oct 4, 2025 – Jan 2, 2026	Feb 17, 2026	$4.21B	−4%	11%	$0.33B	8%
Q3 FY25 Jul 5 – Oct 3, 2025 reported Nov 4, 2025 Operating margin 12% Net profit $0.37B	Jul 5 – Oct 3, 2025	Nov 4, 2025	$4.47B	+7%	12%	$0.37B	8%
Q2 FY25 Apr 5 – Jul 4, 2025 reported Aug 5, 2025 Operating margin 13% Net profit $0.39B	Apr 5 – Jul 4, 2025	Aug 5, 2025	$4.25B	+3%	13%	$0.39B	9%
Q4 FY24 Sep 28, 2024 – Jan 3, 2025 reported Feb 11, 2025 Operating margin 10% Net profit $0.28B	Sep 28, 2024 – Jan 3, 2025	Feb 11, 2025	$4.37B	+10%	10%	$0.28B	7%
Q3 FY24 Jun 29 – Sep 27, 2024 reported Oct 29, 2024 Operating margin 12% Net profit $0.36B	Jun 29 – Sep 27, 2024	Oct 29, 2024	$4.19B	+7%	12%	$0.36B	9%