Cost of Revenue

Total Cost of Revenue

Leidos Holdings Total Cost of Revenue increased by 4.9% to $3.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $3.49B to $3.64B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 4.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.85B$2.95B$2.94B$2.98B$2.98B$3.06B$3.10B$3.18B$3.20B$3.27B$3.33B$3.39B$3.34B$3.43B$3.43B$3.67B$3.49B$3.47B$3.65B$3.47B$3.64B
QoQ Change+3.6%-0.3%+1.4%-0.0%+2.6%+1.2%+2.6%+0.9%+2.1%+1.9%+1.5%-1.4%+2.7%+0.0%+7.1%-5.0%-0.5%+5.1%-4.9%+4.9%
YoY Change+4.7%+3.7%+5.2%+6.5%+7.4%+6.9%+7.7%+6.6%+4.2%+4.8%+2.8%+8.5%+4.5%+1.3%+6.4%-5.6%+4.3%
Range$2.85B$3.67B
CAGR+5.0%
Avg YoY Growth+4.7%
Median YoY Growth+4.8%

Frequently Asked Questions

What is Leidos Holdings's total cost of revenue?
Leidos Holdings (LDOS) reported total cost of revenue of $3.64B in Q1 2026.
How has Leidos Holdings's total cost of revenue changed year-over-year?
Leidos Holdings's total cost of revenue increased by 4.3% year-over-year, from $3.49B to $3.64B.
What is the long-term trend for Leidos Holdings's total cost of revenue?
Over 4 years (2021 to 2025), Leidos Holdings's total cost of revenue has grown at a 4.7% compound annual growth rate (CAGR), from $11.72B to $14.08B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.