What is Leidos Holdings's defense — revenue?

Leidos Holdings (LDOS) reported defense — revenue of $883M in Q1 2026.

What does defense — revenue mean?

This metric represents the total revenue generated by the Defense segment, which provides specialized technology, engineering, and science solutions to defense and intelligence agencies. It reflects the segment's ability to capture market share and deliver services under government contracts.

Leidos Holdings LDOS Defense — Revenue

Other segment segments

Intelligence & Digital

$1.51B—

Health

$1.19B—

Homeland

$816M—

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RDWDefense Tech — Revenues:

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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$13.46B-35.5%

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×

Where this comes from

Reported directly by Leidos Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — revenue?: Leidos Holdings (LDOS) reported defense — revenue of $883M in Q1 2026.
What does defense — revenue mean?: This metric represents the total revenue generated by the Defense segment, which provides specialized technology, engineering, and science solutions to defense and intelligence agencies. It reflects the segment's ability to capture market share and deliver services under government contracts.