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Leidos Holdings

LDOS

Leidos Holdings, Inc. is a leading science and technology solutions provider serving government and commercial customers in the defense, intelligence, civil, and health markets.

Market cap
$13.46B-35.8%
Revenue$17.3B+2.3%
Net income$1.4B+6.0%
Free cash flow$1.9B+51.6%
EPS (diluted)$10.91+10.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$4.4B
EPS estimate$2.91

Financials

Q1 2026

Income statement

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Revenue$4.4B+3.7%
Gross profit$761.0M+0.5%
Operating income$508.0M-4.2%
Net income$328.0M-9.6%
EPS (diluted)$2.56-7.6%

Balance sheet

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Cash & equivalents$538.0M-41.8%
Total debt$6.7B+13.8%
Total equity$5.0B+17.8%
Total assets$15.4B+16.6%

Cash flow

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Operating cash flow$301.0M+419%
CapEx$31.0M+40.9%
Free cash flow$270.0M+650%

Valuation & ratios

Valuation

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Market cap$13.46B-35.8%
Enterprise value$19.59B-24.1%
P/E9.5×-6.1×
P/S0.8×-0.5×

Profitability

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Gross margin17.9%+0.7pp
Operating margin12%+0.6pp
Net margin8.2%+0.3pp
FCF margin10.7%+3.5pp

Returns & leverage

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Return on equity30.5%-0.8pp
Debt / equity1.3×0.0×
Current ratio1.4×-0.1×

Segments

By segment

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Intelligence & Digital$1.5B
Health$1.2B
Defense$883.0M
Homeland$816.0M

Competitors

Profile

Leidos Holdings, Inc. is a leading science and technology solutions provider serving government and commercial customers in the defense, intelligence, civil, and health markets. The company specializes in digital modernization, cyber operations, mission software, and managed health services to solve complex global problems. Its core value proposition lies in delivering mission-critical innovations and technologically advanced services to secure national assets and improve public health outcomes.

Competitive position

Leidos is a dominant prime contractor for the U.S. government, leveraging deep technical expertise and high-level security clearances to maintain a significant backlog of mission-critical projects.

GeographiesUnited States, United Kingdom, Australia
Customer segmentsFederal Government, Intelligence Agencies, Public Health Organizations, Commercial Utilities
Business modelProfessional Services, Cost-reimbursement contracts, Firm-fixed-price contracts, Time-and-materials contracts
SuppliersIT hardware manufacturers, Specialized component suppliers, Skilled technical labor, Subcontractors
CustomersU.S. Department of Defense, U.S. Intelligence Community, Federal Aviation Administration, Department of Veterans Affairs, Commercial Utilities, International Defense Ministries
Listed2006
Employees47.0K
CEOThomas A. Bell
Websiteleidos.com
FilingsSEC EDGAR

Questions, answered.

What is Leidos Holdings's market cap?
Leidos Holdings (LDOS) has a market capitalization of $13.5B and trades on NYSE.
What is Leidos Holdings's revenue and profitability?
Leidos Holdings generated $17.3B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 8.2%. Gross margin stands at 17.9%, with free cash flow of $1.9B. These figures are based on the Q2 2026 filing.
Who are Leidos Holdings's competitors?
Leidos Holdings's key competitors include CACI International Inc., SAIC, Booz Allen Hamilton Inc., and others. These companies compete in similar markets and product categories.
Who does Leidos Holdings partner with?
Leidos Holdings's notable partners include Entrust, Citigroup Global Markets Inc., NATO.
What subsidiaries does Leidos Holdings have?
Leidos Holdings's subsidiaries include Leidos, Inc., Savanna Industries, Inc. (Kudu Dynamics).
Where is Leidos Holdings headquartered?
Leidos Holdings is headquartered in United States of America and employs approximately 47,000 people. It has been publicly traded since 2006.