Leidos Holdings SG&A decreased by 16.2% to $223.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $230.00M to $223.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| 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 | $159.00M | $224.00M | $233.00M | $226.00M | $236.00M | $262.00M | $232.00M | $221.00M | $233.00M | $237.00M | $239.00M | $233.00M | $226.00M | $231.00M | $247.00M | $279.00M | $230.00M | $217.00M | $286.00M | $266.00M | $223.00M |
| QoQ Change | — | +40.9% | +4.0% | -3.0% | +4.4% | +11.0% | -11.5% | -4.7% | +5.4% | +1.7% | +0.8% | -2.5% | -3.0% | +2.2% | +6.9% | +13.0% | -17.6% | -5.7% | +31.8% | -7.0% | -16.2% |
| YoY Change | — | — | — | — | +48.4% | +17.0% | -0.4% | -2.2% | -1.3% | -9.5% | +3.0% | +5.4% | -3.0% | -2.5% | +3.3% | +19.7% | +1.8% | -6.1% | +15.8% | -4.7% | -3.0% |