LDOS · 10-Q · 2026Q3 · Full report

Order Backlog and Book-to-Bill

Leidos Holdings, Inc. · 2026-08-04 · Importance 76 · Surprise 56 · No source text

Leidos recorded estimated net bookings of $4.9 billion in the second quarter and $8.2 billion year to date, versus $3.9 billion and $6.0 billion, respectively, in the prior-year periods. Total backlog increased to $48.711 billion at July 3, 2026, from $46.210 billion a year earlier, while funded backlog rose to $10.223 billion from $7.122 billion. Intelligence & Digital backlog was $18.414 billion, Homeland backlog was $9.930 billion, Defense backlog was $13.756 billion and Health backlog was $6.611 billion; the Homeland balance included $371 million of Entrust backlog acquired on March 27, 2026.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable+27.5%Total backlog at July 3, 2026 was $48,711 million (Funded $10,223 million; Unfunded $38,488 million).
revenuepositiveprobableIntelligence & Digital backlog at July 3, 2026 was $18,414 million (Funded $1,922 million; Unfunded $16,492 million).
revenuepositiveprobableHealth backlog at July 3, 2026 was $6,611 million (Funded $1,242 million; Unfunded $5,369 million).
revenuepositiveprobableHomeland backlog at July 3, 2026 was $9,930 million (Funded $3,669 million; Unfunded $6,261 million).
revenuepositiveprobableDefense backlog at July 3, 2026 was $13,756 million (Funded $3,390 million; Unfunded $10,366 million).