Operating Income
Leidos Holdings Operating Income increased by 7.4% to $508.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.2%, from $530.00M to $508.00M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 16.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $308.00M | $269.00M | $305.00M | $270.00M | $271.00M | $271.00M | $281.00M | $265.00M | $265.00M | $331.00M | -$336.00M | $361.00M | $415.00M | $475.00M | $516.00M | $421.00M | $530.00M | $571.00M | $535.00M | $473.00M | $508.00M |
| QoQ Change | — | -12.7% | +13.4% | -11.5% | +0.4% | +0.0% | +3.7% | -5.7% | +0.0% | +24.9% | -201.5% | +207.4% | +15.0% | +14.5% | +8.6% | -18.4% | +25.9% | +7.7% | -6.3% | -11.6% | +7.4% |
| YoY Change | — | — | — | — | -12.0% | +0.7% | -7.9% | -1.9% | -2.2% | +22.1% | -219.6% | +36.2% | +56.6% | +43.5% | +253.6% | +16.6% | +27.7% | +20.2% | +3.7% | +12.4% | -4.2% |
Business Segments — Civil
| Segment | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|
| Civil | $58.00M | $61.00M | $43.00M | $38.00M | $79.00M | $40.00M | $64.00M | -$607.00M |
| Health | $130.00M | $103.00M | $118.00M | $126.00M | $91.00M | $107.00M | $122.00M | $152.00M |
| Defense Solutions | $140.00M | $140.00M | $133.00M | $139.00M | $137.00M | $147.00M | — | — |
| Total | $305.00M | $270.00M | $271.00M | $271.00M | $281.00M | $265.00M | $331.00M | -$336.00M |
Civil, Defense Solutions, Health were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Health & Civil
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Health & Civil | $112.00M | $112.00M | $112.00M | $112.00M | $162.00M | $222.00M | $307.00M | $287.00M |
| National Security & Digital | $151.50M | $151.50M | $151.50M | $151.50M | $185.00M | $175.00M | $183.00M | $187.00M |
| Commercial & International | $32.75M | $32.75M | $32.75M | $32.75M | $0.00 | $34.00M | -$11.00M | $41.00M |
| Defense Systems | $2.75M | $2.75M | $2.75M | $2.75M | $18.00M | $21.00M | $34.00M | $37.00M |
| Total | $271.00M | $271.00M | $281.00M | $265.00M | $361.00M | $415.00M | $475.00M | $516.00M |
Commercial & International, Defense Systems, Health & Civil, National Security & Digital were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Leidos Holdings's operating income?
- Leidos Holdings (LDOS) reported operating income of $508.00M in Q1 2026.
- How has Leidos Holdings's operating income changed year-over-year?
- Leidos Holdings's operating income decreased by 4.2% year-over-year, from $530.00M to $508.00M.
- What is the long-term trend for Leidos Holdings's operating income?
- Over 4 years (2021 to 2025), Leidos Holdings's operating income has grown at a 16.3% compound annual growth rate (CAGR), from $1.15B to $2.11B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.