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Other financials

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

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Market cap$14.89B-28.4%
Enterprise value$21.01B-18.3%
P/E10.5×-5.1×
P/S0.9×-0.4×

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×

Where this comes from

Reported directly by Leidos Holdings in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Leidos Holdings’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leidos Holdings's D&A?
Leidos Holdings (LDOS) reported D&A of $72M in Q1 2026.
How has Leidos Holdings's D&A changed year-over-year?
Leidos Holdings's D&A increased by 4.3% year-over-year, from $69M to $72M.
What is the long-term trend for Leidos Holdings's D&A?
Over 4 years (2021 to 2025), Leidos Holdings's D&A has grown at a -2.8% compound annual growth rate (CAGR), from $325M to $290M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.