Leidos Holdings Total Current Assets decreased by 8.5% to $4.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.2%, from $4.55B to $4.40B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 7.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
total_current_assets| 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 | $3.26B | $3.26B | $3.57B | $3.62B | $3.49B | $3.53B | $3.84B | $3.64B | $3.67B | $3.58B | $3.99B | $4.01B | $4.15B | $4.23B | $4.67B | $4.33B | $4.55B | $4.78B | $4.85B | $4.81B | $4.40B |
| QoQ Change | — | +0.2% | +9.4% | +1.4% | -3.6% | +1.1% | +8.9% | -5.2% | +0.6% | -2.4% | +11.6% | +0.4% | +3.6% | +1.9% | +10.3% | -7.1% | +5.0% | +5.1% | +1.4% | -0.7% | -8.5% |
| YoY Change | — | — | — | — | +7.1% | +8.1% | +7.6% | +0.7% | +5.1% | +1.4% | +3.9% | +9.9% | +13.2% | +18.3% | +16.9% | +8.2% | +9.6% | +13.1% | +3.9% | +11.1% | -3.2% |