LeidosLDOSEarnings & Financial Report
Leidos Holdings, Inc. is an American defense, aviation, information technology, and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integration, and technical services. Founded as Science Applications International Corporation (SAIC), Leidos merged with Lockheed Martin's IT sector, Information Systems & Global Solutions, in August 2016 to create the defense industry’s largest IT services provider.
LDOS Q1 FY2027 Key Financial Metrics
Revenue
$4.4B
Gross Profit
$761.0M
Operating Profit
$508.0M
Net Profit
$335.0M
Gross Margin
17.3%
Operating Margin
11.5%
Net Margin
7.6%
YoY Growth
3.7%
EPS
$2.56
Leidos Q1 FY2027 Financial Summary
Leidos reported revenue of $4.4B (up 3.7% YoY) for Q1 FY2027, with a net profit of $335.0M (down 8.2% YoY) (7.6% margin). Cost of goods sold was $3.6B, operating expenses totaled $253.0M.
Key Financial Metrics
| Total Revenue | $4.4B |
|---|---|
| Net Profit | $335.0M |
| Gross Margin | 17.3% |
| Operating Margin | 11.5% |
| Report Period | Q1 FY2027 |
Leidos Annual Revenue by Year
Leidos annual revenue history includes year-by-year totals (for example, 2025 revenue was $17.1B).
| Year | Annual Revenue | |
|---|---|---|
| 2025 | $17.1B | — |
| 2024 | $16.6B | — |
| 2023 | $15.3B | — |
Leidos Quarterly Revenue & Net Profit History
Leidos results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2027 | $4.4B | +3.7% | $335.0M | 7.6% |
| Q4 FY2025 | $4.2B | -3.5% | $327.0M | 7.8% |
| Q3 FY2025 | $4.4B | +2.3% | $367.0M | 8.2% |
| Q2 FY2025 | $4.2B | +1.5% | $391.0M | 9.2% |
| Q1 FY2025 | $4.2B | +7.0% | $363.0M | 8.6% |
| Q4 FY2024 | $4.3B | +10.1% | $284.0M | 6.5% |
| Q3 FY2024 | $4.2B | +7.0% | $364.0M | 8.7% |
| Q2 FY2024 | $4.1B | +7.7% | $322.0M | 7.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.11B | $4.17B | $4.35B | $4.23B | $4.23B | $4.45B | $4.20B | $4.40B |
| YoY Growth | 7.7% | 7.0% | 10.1% | 7.0% | 1.5% | 2.3% | -3.5% | 3.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.91B | $13.34B | $13.10B | $13.20B | $13.55B | $13.54B | $13.49B | $15.39B |
| Liabilities | $8.40B | $8.67B | $8.64B | $8.89B | $8.84B | $8.59B | $8.53B | $10.32B |
| Equity | $4.46B | $4.61B | $4.41B | $4.26B | $4.66B | $4.91B | $4.92B | $5.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q4 2025 | Q1 2027 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $374.0M | $656.0M | $299.0M | $58.0M | $711.0M | $495.0M | $301.0M |