Leidos Holdings, Inc. (LDOS) Financial Statements
Industry: Computer Integrated Systems Design (Services)
In fiscal 2025, Leidos reported revenue of $17.17B, up 3.1% from $16.66B the year before. Net income was $1.45B (a 8.4% net margin), or $11.14 per diluted share. Gross margin was 18.0% and operating margin was 12.3%. Operating activities generated $1.75B of cash, leaving $1.62B of free cash flow. At fiscal year end, Leidos held $13.49B in total assets against $8.53B in total liabilities, including $1.11B of cash and equivalents.
Open the full interactive Leidos financials → Quarterly statements, key ratios, valuation history and price charts.
Leidos Key Stats
| Share Price | $119.70 |
|---|---|
| Market Cap | $15.08B |
| P/E Ratio | 10.7 |
| Revenue YoY Growth | +3.1% |
| 52-Week Range | $99.68 – $197.27 |
| Shares Outstanding | 126.0 million (basic, 2027 Q2) |
Leidos Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $12.30B | $13.74B | $14.40B | $15.44B | $16.66B | $17.17B |
| Gross Profit | $1.74B | $2.01B | $2.08B | $2.24B | $2.80B | $3.10B |
| Operating Income | $998.0M | $1.15B | $1.09B | $621.0M | $1.83B | $2.11B |
| Pre-Tax Income | $781.0M | $967.0M | $886.0M | $403.0M | $1.64B | $1.91B |
| Income Tax | $152.0M | $208.0M | $193.0M | $195.0M | $388.0M | $447.0M |
| Net Income | $628.0M | $753.0M | $685.0M | $199.0M | $1.25B | $1.45B |
| Diluted EPS | $4.36 | $5.27 | $4.96 | $1.44 | $9.22 | $11.14 |
Leidos Quarterly Results
| 2026 Q2 | 2026 Q3 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $4.25B | $4.47B | $4.40B | $4.56B |
| Net Income | $391.0M | $367.0M | $328.0M | $354.0M |
| Diluted EPS | $3.01 | $2.82 | $2.56 | $2.81 |
Leidos Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $524.0M | $727.0M | $516.0M | $777.0M | $943.0M | $1.11B |
| Current Assets | $3.34B | $3.62B | $3.64B | $4.00B | $4.43B | $4.81B |
| Total Assets | $12.51B | $13.26B | $13.07B | $12.70B | $13.10B | $13.49B |
| Current Liabilities | $2.91B | $3.23B | $3.95B | $2.99B | $3.65B | $2.83B |
| Total Long-Term Debt | $4.74B | $4.70B | $4.60B | $4.68B | $4.67B | $4.65B |
| Total Liabilities | $8.65B | $8.92B | $8.72B | $8.44B | $8.64B | $8.53B |
| Shareholders' Equity | $3.86B | $4.29B | $4.30B | $4.20B | $4.41B | $4.92B |
Leidos Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.33B | $1.03B | $986.0M | $1.17B | $1.39B | $1.75B |
| Cash From Investing | -$2.81B | -$730.0M | -$313.0M | -$211.0M | -$142.0M | -$405.0M |
| Cash From Financing | $1.45B | -$113.0M | -$865.0M | -$715.0M | -$1.08B | -$1.15B |
| Free Cash Flow | $1.15B | $927.0M | $857.0M | $958.0M | $1.24B | $1.62B |
Figures from Leidos' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Leidos financials page for every line item.
Leidos Company Profile
| Ticker | LDOS |
|---|---|
| Exchange | NYSE |
| Industry | Computer Integrated Systems Design (Services) |
| Headquarters | Reston, Virginia |
| Fiscal Year End | January 1 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001336920 |
Frequently Asked Questions
What was Leidos' revenue in fiscal 2025?
Leidos (LDOS) reported revenue of $17.17B for fiscal 2025.
What is Leidos' annual revenue history?
Leidos' annual revenue by fiscal year: 2020: $12.30B; 2021: $13.74B; 2022: $14.40B; 2023: $15.44B; 2024: $16.66B; 2025: $17.17B.
What was Leidos' net income in fiscal 2025?
Leidos reported net income of $1.45B for fiscal 2025.
What was Leidos' earnings per share (EPS) in fiscal 2025?
Leidos' diluted EPS was $11.14 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Leidos generate in fiscal 2025?
Leidos generated $1.62B of free cash flow in fiscal 2025.
What was Leidos' revenue last quarter?
In its most recent reported quarter (2027 Q2), Leidos reported revenue of $4.56B.
How much debt does Leidos have?
Leidos reported $4.65B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Leidos are outstanding?
Leidos reported a weighted average of 126.0 million basic shares outstanding in 2027 Q2.
What is Leidos' market cap?
Based on its latest closing price, Leidos (LDOS) has a market capitalization of about $15.08B.
When does Leidos' fiscal year end?
Leidos' fiscal year end, as registered with the SEC, is January 1.
Where is Leidos headquartered?
Leidos lists its business address in Reston, Virginia in its SEC filings.
Leidos Competitors & Similar Companies
See all 37 Computer Integrated Systems Design (Services) companies →