What is Leidos Holdings's defense — direct labor?

Leidos Holdings (LDOS) reported defense — direct labor of $224M in Q1 2026.

What does defense — direct labor mean?

This metric measures the total cost of personnel directly involved in the delivery of services and solutions within the Defense segment. It is a primary component of the cost of goods sold and reflects the labor intensity of government service contracts.

Leidos Holdings LDOS Defense — Direct labor

Other segment segments

Intelligence & Digital

$400M—

Health

$200M—

Homeland

$178M—

Similar metrics at other companies

RESSupport Services — Cost Direct Labor

$5.29M+0.7%

CWCOServices — Cost Direct Labor

$4.25M-0.5%

BKSYService, Direct Labor — Costs excluding depreciation and amortization

$1.83M+231%

BKSYProduct, Direct Labor — Costs excluding depreciation and amortization

$1.08M-40.6%

CWCOManufacturing Units — Cost Direct Labor

$551.53K-6.4%

WLDNEnergy — Cost Direct Labor

$18.1M+9.4%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$301.0M+419%

CapEx$31.0M+40.9%

Free cash flow$270.0M+650%

Valuation

See full

Market cap$14.11B-29.9%

Enterprise value$20.23B-19.5%

P/E10×-5.1×

P/S0.8×-0.4×

Profitability

See full

Gross margin17.9%+0.7pp

Operating margin12%+0.6pp

Net margin8.2%+0.3pp

FCF margin10.7%+3.5pp

Returns & leverage

See full

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:CostDirectLabor.

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

Ask your AI about Leidos Holdings's defense — direct labor.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Leidos Holdings's defense — direct labor?: Leidos Holdings (LDOS) reported defense — direct labor of $224M in Q1 2026.
What does defense — direct labor mean?: This metric measures the total cost of personnel directly involved in the delivery of services and solutions within the Defense segment. It is a primary component of the cost of goods sold and reflects the labor intensity of government service contracts.