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Leidos Holdings Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Leidos Holdings holds $15.4B in total assets. Shareholders' equity is $5.0B against $6.7B in total debt. Cash and equivalents total $538.0M. The current ratio is 1.40 and debt-to-equity is 1.33. Based on the Q2 2026 filing.

Total Assets$15.4BTotal Stockholders Equity$5.0BLong Term Debt$6.0BCash And Equivalents$538.0MTotal Current Assets$4.4BTotal Current Liabilities$3.2B
Latest FilingQ2 2026
Report Date2026-05-05
Market Cap$16.6B
P/E Ratio11.71
ROE30.49%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$2.1B$2.2B$2.0B$2.2B$2.0B$2.1B
Accrued expenses$811.0M$664.0M$826.0M$809.0M$819.0M$687.0M
Accrued Manufacturing Costs$811.0M$664.0M$826.0M$809.0M$819.0M$687.0M
Accrued Progress Collections and Price Adjustments$10.0M$8.0M$6.0M$6.0M$6.0M$5.0M
Contract liabilities$10.0M$8.0M$6.0M$6.0M$6.0M$5.0M
Accounts payable and other current liabilities (Note 11)$2.1B$2.2B$2.0B$2.2B$2.0B$2.1B
Compensation and benefits$811.0M$664.0M$826.0M$809.0M$819.0M$687.0M
Current portion of long-term debt$618.0M$119.0M$119.0M$19.0M$20.0M$20.0M
Current Portion of Long-Term Debt and Finance Lease Obligations$618.0M$119.0M$119.0M$19.0M$20.0M$20.0M
Deferred revenue$333.0M$368.0M$274.0M$396.0M$348.0M$411.0M
Total current liabilities$3.6B$3.0B$2.9B$3.0B$2.8B$3.2B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$2.6B$2.9B$2.9B$3.0B$2.7B$3.0B
Cash and cash equivalents$991.0M$924.0M$1.0B$1.1B$1.2B$538.0M
Contract assets$842.0M$865.0M$838.0M$949.0M$894.0M$865.0M
Other current assets$525.0M$454.0M$572.0M$545.0M$656.0M$582.0M
Inventories$315.0M$347.0M$364.0M$360.0M$342.0M$336.0M
Restricted cash$141.0M$82.0M$90.0M$123.0M—$81.0M
Total current assets$4.3B$4.5B$4.8B$4.8B$4.8B$4.4B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.1B$619.0M$650.0M$588.0M$319.0M$117.0M
Accumulated other comprehensive income (loss)-$110.0M-$83.0M-$49.0M-$54.0M-$50.0M-$25.0M
Common stock0500M500M500M500M500M
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Issued131.2M128.7M128.3M127.9M126.4M125.8M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$0.0$0.0$0.0$0.0$0.0$0.0
Noncontrolling interests$48.0M$45.0M$45.0M$45.0M$46.0M$51.0M
Retained earnings$3.4B$3.7B$4.1B$4.4B$4.6B$4.9B
Total liabilities and stockholders' equity$13.0B$13.2B$13.5B$13.5B$13.5B$15.4B
Total stockholders' equity$4.4B$4.3B$4.7B$4.9B$4.9B$5.0B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current$10.0M$8.0M$6.0M$6.0M$6.0M$5.0M
Debt Maturity - 2024—$90.0M———$15.0M
Debt Maturity - 2027—$705.0M———$605.0M
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$32.0M$40.0M$39.0M$37.0M$35.0M$44.0M
Long-term debt$4.7B$5.1B$5.1B$4.7B$4.6B$6.0B
Long-Term Debt and Finance Lease Obligations$4.1B$5.0B$5.0B$4.6B$4.6B$6.0B
Deferred revenue, net of current portion$10.0M$8.0M$6.0M$6.0M$6.0M$5.0M
Operating lease liabilities, non-current$621.0M$603.0M$598.0M$578.0M$587.0M$610.0M
Other non-current liabilities$315.0M$317.0M$311.0M$270.0M$268.0M$267.0M
Total liabilities$8.6B$8.9B$8.8B$8.6B$8.5B$10.3B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$2.0M-$24.0M$224.0M$122.0M$221.0M$280.0M
Deferred Tax Assets and Other Non-Current Assets$321.0M$543.0M$386.0M$348.0M$344.0M$343.0M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—$53.0M$59.0M$63.0M—$126.0M
Finite Lived Intangible Assets - Gross$2.0B$2.0B$2.1B$2.1B$2.1B$2.6B
Goodwill$6.1B$6.1B$6.4B$6.3B$6.3B$8.1B
Intangible assets, net$517.0M$485.0M$511.0M$492.0M$458.0M$993.0M
Net Investment in Lease$560.0M$541.0M$535.0M$512.0M$526.0M$553.0M
Deferred tax assets$203.0M——$32.0M$48.0M$35.0M
Intangible assets — net$513.0M$485.0M$511.0M$492.0M$458.0M$993.0M
Other intangible assets—net$517.0M$489.0M$515.0M$496.0M$458.0M$993.0M
Operating lease right-of-use assets$560.0M$541.0M$535.0M$512.0M$526.0M$553.0M
Other non-current assets$321.0M$543.0M$386.0M$348.0M$344.0M$343.0M
Property, plant and equipment, net$991.0M$977.0M$973.0M$963.0M$961.0M$966.0M
Operating lease right-of-use assets$560.0M$541.0M$535.0M$512.0M$526.0M$553.0M
Operating Lease Right-of-Use Assets in Other Assets$560.0M$541.0M$535.0M$512.0M$526.0M$553.0M
Other non-current assets$321.0M$543.0M$386.0M$348.0M$344.0M$343.0M
Accumulated depreciation$1.5B$1.5B$1.6B$1.6B$1.6B$1.6B
Property and equipment, net$991.0M$977.0M$973.0M$963.0M$961.0M$966.0M
Software and Technology Licenses, Net$321.0M$543.0M$386.0M$348.0M$344.0M$343.0M
Total assets$13.0B$13.2B$13.5B$13.5B$13.5B$15.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial paper borrowings outstanding$0.0$0.0$0.0$0.0$0.0$300.0M
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)$500.0M$500.0M$500.0M$500.0M$500.0M$500.0M
Common stock, shares issued (in shares)$131.2M$128.7M$128.3M$127.9M$126.4M$125.8M
Common Stock, Shares, Outstanding$131.2M$128.7M$128.3M$127.9M$126.4M$125.8M
Short-term debt and current portion of long-term debt$618.0M$119.0M$119.0M$19.0M$20.0M$320.0M
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$32.0M$40.0M$39.0M$37.0M$35.0M$44.0M
Deferred income taxes$2.0M——$122.0M$221.0M$280.0M
2031 and thereafter—$110.0M$125.0M$123.0M—$241.0M
Finite-Lived Intangible Assets, Accumulated Amortization$1.5B$1.5B$1.6B$1.6B$1.6B$1.6B
2028—$72.0M$79.0M$85.0M—$152.0M
2030—$53.0M$59.0M$63.0M—$126.0M
Remainder of 2026—$90.0M$70.0M$34.0M—$166.0M
2027—$98.0M$110.0M$111.0M—$169.0M
2029—$62.0M$68.0M$76.0M—$139.0M
Gross Carrying Amount$2.0B$2.0B$2.1B$2.1B$2.1B$2.6B
Long-Term Debt and Lease Obligation$4.1B$5.0B$5.0B$4.6B$4.6B$6.0B
Less: current maturities$618.0M$119.0M$119.0M$19.0M$20.0M$20.0M
Long Term Debt Before Unamortized Discount—$5.2B———$6.1B
2028—$114.0M———$504.0M
2029—$705.0M———$605.0M
2030—$5.0M———$755.0M
2027—$120.0M———$14.0M
Remainder of 2026—$90.0M———$15.0M
Long-Term Debt, Maturity, after Year Four—$4.1B———$4.2B
Noncontrolling interests in subsidiaries$48.0M$45.0M$45.0M$45.0M$46.0M$51.0M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$17.0B$16.0B$17.0B—$19.0B
Unfunded limited partnership capital, additional commitments—————$94.0M
Remainder of Fiscal Year 2024—$90.0M$70.0M$34.0M—$15.0M
Remainder of Fiscal Year 2025—$90.0M$70.0M$34.0M—$166.0M