FINHUB Insights

LDOS · Q2 FY25 · Apr 5 – Jul 4, 2025

Leidos Q2 FY25: where the revenue came from and where it went

Leidos Q2 FY25: revenue $4.3B (+3% year over year). Net profit $0.4B. Largest cohort National Security & Digital $1.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 5 – Jul 4, 2025
Reported
Aug 5, 2025 10-Q
Sankey diagram of Leidos's income statement for Q2 FY25: revenue of $4.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.3B +3% year over year
Gross profit$0.8B 18% margin
Operating profit$0.6B 13% margin
Net profit$0.4B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jul 4, 2025).
ItemValueShare of revenueYear over year
Revenue 4.3 100% +3%
National Security & Digital 1.9 44%
Health & Civil 1.3 30% +1%
Commercial & International 0.6 14% +1%
Defense Systems 0.5 12% +10%
Cost of revenue−3.581%
Gross profit0.818% margin+1pp
SG&A−0.25%+0pp
Operating profit0.613% margin+2pp
Tax−0.1
Interest & other costs−0.1
Net profit0.49%+1pp
Filing on EDGAR More quarters of LDOS

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters