Leidos Holdings, Inc. (LDOS) Financials
Key financial figures for Leidos Holdings, Inc. (Q3 2026).
Leidos Q3 revenue rose 4% to $4.63B and non-GAAP diluted EPS rose 19% to $3.62; FY2026 EPS guidance was raised to $12.50-$12.70 while revenue guidance was trimmed to $18.00-$18.20B for the Altaris joint venture. Results versus the prior-year quarter (the release prints no consensus estimate): revenue $4.63B vs $4.47B (+4%), GAAP net income $413M vs $369M (+12%), GAAP diluted EPS $3.28 vs $2.82 (+16%), non-GAAP diluted EPS $3.62 vs $3.05 (+19%). Profitability: adjusted EBITDA was $644M, a 13.9% margin vs 13.8% a year ago. Operating income was $553M vs $535M, so much of the EPS growth came from a lower effective tax rate (federal research tax credit, fewer unrecognized tax benefits) and a lower diluted share count (125M vs 130M). On the outlook: FY2026 as of the Q3 release, adjusted for the Altaris joint venture (closed October 5, 2026), current vs prior: revenues $18.00B-$18.20B (prior $18.20B-$18.40B); adjusted EBITDA margin mid 13% (unchanged); non-GAAP diluted EPS $12.50-$12.70 (prior $12.20-$12.50); cash flows provided by operating activities approximately $1.90B (prior approximately $1.85B). Figures are for Q3 2026, as Leidos Holdings, Inc. reported them.
- Revenue
- $4.6B
- Net Income
- $410M
- EPS
- $3.31
- Total Assets
- $15.5B
- Operating Cash Flow
- $523M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $4.6B | $410M | $3.28 | 11.79% | $476M |
| Q2 FY2026 | $4.6B | $356M | $2.81 | 11.12% | $761M |
| Q1 FY2026 | $4.4B | $328M | $2.56 | 11.55% | $270M |
| Q4 FY2025 | $4.2B | $335M | $2.53 | 11.2% | $452M |
| Q3 FY2025 | $4.5B | $367M | $2.82 | 11.97% | $680M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $17.2B | $1.5B | $11.14 | 12.27% | $1.6B |
| FY2024 | $16.7B | $1.3B | $9.22 | 10.97% | $1.2B |
| FY2023 | $15.4B | $199M | $1.44 | 4.02% | $958M |
Frequently asked questions
What was Leidos Holdings, Inc.'s revenue last quarter?
Leidos Holdings, Inc. reported revenue of $4.63 billion for Q3 FY2026, up 3.6% from the same period a year earlier.
Is Leidos Holdings, Inc. profitable?
Yes. Leidos Holdings, Inc. reported net income of $410.0 million for Q3 FY2026, a net margin of 8.86% on revenue.
How has Leidos Holdings, Inc.'s margin trended?
Operating margin was 11.79% in Q3 FY2026, compared with 11.97% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Leidos Holdings, Inc. generate?
Leidos Holdings, Inc. generated free cash flow of $476.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Leidos Holdings, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.