Leidos Q2 FY25: where the revenue came from and where it went
The whole income statement of Leidos for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 5 – Jul 4, 2025
- Reported
- Aug 5, 2025
Revenue$4.25B
+3% year over year
Gross profit$0.79B
19% margin
Operating profit$0.57B
13% margin
Net profit$0.39B
9% margin
The numbers
| 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 |
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