LDOS · 8-K · 20260804PR000243

Market Demand Trends

Leidos Holdings, Inc. · 2026-08-04 · Importance 49 · Surprise 32 · In source text

Leidos reported $4.6 billion of quarterly revenue, up 7% year-over-year and 4% organically, driven by increased customer demand for defense tech products, energy and air traffic management solutions, and intelligence mission support. Net bookings totaled $4.9 billion, producing a 1.1 book-to-bill ratio. Total backlog reached $48.7 billion, including $10.2 billion of funded backlog; funded backlog grew 44% year-over-year and total backlog grew 5%. Demand was particularly strong in Homeland, where revenue increased 32% year-over-year to $1.02 billion, and in Defense, where revenue increased 6% on demand for several defense tech product lines.

Key facts

• Leidos booked $5 billion of contract awards in the quarter source
• Net bookings totaled $4.9 billion in the quarter representing a book-to-bill ratio of 1.1 source

Impact estimates