What is Leidos Holdings's defense — intangible amortization?

Leidos Holdings (LDOS) reported defense — intangible amortization of $11M in Q1 2026.

What does defense — intangible amortization mean?

This represents the systematic allocation of the cost of intangible assets, such as acquired technology or customer contracts, over their useful lives within the Defense segment. It is a non-cash expense that impacts the segment's reported operating income.

Leidos Holdings LDOS Defense — Intangible Amortization

Other segment segments

Intelligence & Digital

$8M—

Homeland

$7M—

Health

$4M—

Similar metrics at other companies

ESEAerospace And Defense — Intangible Amortization

$161K-50.9%

NPKDefense — D&A

$942K-0.8%

ARRYIntangible Amortization

$5.61M+54.3%

VOYGDefense and National Security — Depreciation and amortization expense

$2.02M+29.9%

VSATDefense And Advanced Technologies — Other Depreciation And Amortization

$5.88M+13.7%

OLP

OLPXIntangible Amortization

$2.42M+1.0%

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$14.46B-29.9%

Enterprise value$20.59B-19.5%

P/E10.2×-5.2×

P/S0.8×-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:AmortizationOfIntangibleAssets.

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 defense — intangible amortization?: Leidos Holdings (LDOS) reported defense — intangible amortization of $11M in Q1 2026.
What does defense — intangible amortization mean?: This represents the systematic allocation of the cost of intangible assets, such as acquired technology or customer contracts, over their useful lives within the Defense segment. It is a non-cash expense that impacts the segment's reported operating income.