Operating Expenses

SG&A

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.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$159.00M$286.00M
CAGR+7.0%
Avg YoY Growth+4.8%
Median YoY Growth-0.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Leidos Holdings's sg&a?
Leidos Holdings (LDOS) reported sg&a of $223.00M in Q1 2026.
How has Leidos Holdings's sg&a changed year-over-year?
Leidos Holdings's sg&a decreased by 3.0% year-over-year, from $230.00M to $223.00M.
What is the long-term trend for Leidos Holdings's sg&a?
Over 4 years (2021 to 2025), Leidos Holdings's sg&a has grown at a 4.4% compound annual growth rate (CAGR), from $842.00M to $999.00M.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.