FINHUB Insights

LDOS · Q1 FY26 · Apr 3, 2026

Leidos Q1 FY26: where the revenue came from and where it went

Leidos Q1 FY26: revenue $4.4B (+4% year over year). Net profit $0.3B. Largest cohort Health $1.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 3, 2026
Reported
May 5, 2026 10-Q
Sankey diagram of Leidos's income statement for Q1 FY26: revenue of $4.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.4B +4% year over year
Gross profit$0.8B 17% margin
Operating profit$0.5B 12% margin
Net profit$0.3B 7% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Apr 3, 2026).
ItemValueShare of revenueYear over year
Revenue 4.4 100% +4%
Health 1.2 27%
Defense 0.9 20%
Homeland 0.8 18%
Commercial and non-U.S. customers 0.6 14%
Time-and-materials and… 0.6 14%
International 0.4 9%
Cost of revenue−3.682%
Gross profit0.817% margin−1pp
SG&A−0.25%+0pp
Other−01%+0pp
Operating profit0.512% margin−1pp
Tax−0.1
Interest & other costs−0.1
Net profit0.37%−1pp

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.

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