Current Assets

Total Current Assets

Leidos Holdings Total Current Assets decreased by 8.5% to $4.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.2%, from $4.55B to $4.40B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 7.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

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$3.26B$3.26B$3.57B$3.62B$3.49B$3.53B$3.84B$3.64B$3.67B$3.58B$3.99B$4.01B$4.15B$4.23B$4.67B$4.33B$4.55B$4.78B$4.85B$4.81B$4.40B
QoQ Change+0.2%+9.4%+1.4%-3.6%+1.1%+8.9%-5.2%+0.6%-2.4%+11.6%+0.4%+3.6%+1.9%+10.3%-7.1%+5.0%+5.1%+1.4%-0.7%-8.5%
YoY Change+7.1%+8.1%+7.6%+0.7%+5.1%+1.4%+3.9%+9.9%+13.2%+18.3%+16.9%+8.2%+9.6%+13.1%+3.9%+11.1%-3.2%
Range$3.26B$4.85B
CAGR+6.2%
Avg YoY Growth+7.9%
Median YoY Growth+8.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Leidos Holdings's total current assets?
Leidos Holdings (LDOS) reported total current assets of $4.40B in Q1 2026.
How has Leidos Holdings's total current assets changed year-over-year?
Leidos Holdings's total current assets decreased by 3.2% year-over-year, from $4.55B to $4.40B.
What is the long-term trend for Leidos Holdings's total current assets?
Over 5 years (2020 to 2025), Leidos Holdings's total current assets has grown at a 7.6% compound annual growth rate (CAGR), from $3.34B to $4.81B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.