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Leidos Holdings LDOS National Security & Digital — Segment operating income

Discontinued — last reported Q4 '25

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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$13.47B+0.7%
Enterprise value$19.6B+5.6%
P/E9.5×-0.5×
P/S0.8×0.0×

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 ldos:SegmentOperatingIncomeLoss.

The official record: Leidos Holdings’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leidos Holdings's national security & digital — segment operating income?
Leidos Holdings (LDOS) reported national security & digital — segment operating income of $196M in Q4 2025.
How has Leidos Holdings's national security & digital — segment operating income changed year-over-year?
Leidos Holdings's national security & digital — segment operating income increased by 12.0% year-over-year, from $175M to $196M.
What is the long-term trend for Leidos Holdings's national security & digital — segment operating income?
Over 2 years (2023 to 2025), Leidos Holdings's national security & digital — segment operating income has grown at a 6.3% compound annual growth rate (CAGR), from $672M to $760M.
What does national security & digital — segment operating income mean?
The profit earned by the segment after all operating expenses are paid.
How do you interpret national security & digital — segment operating income?
Higher income indicates strong operational performance and effective cost management within the segment.
How does national security & digital — segment operating income compare across companies?
Standard segment-level profitability metric used across all public companies with segment reporting.