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
- Total backlog at July 3, 2026 was $48,711 million (Funded $10,223 million; Unfunded $38,488 million). source
- Total backlog at July 4, 2025 was $46,210 million (Funded $7,122 million; Unfunded $39,088 million). source
- Intelligence & Digital backlog at July 3, 2026 was $18,414 million (Funded $1,922 million; Unfunded $16,492 million). source
- Health backlog at July 3, 2026 was $6,611 million (Funded $1,242 million; Unfunded $5,369 million). source
- Homeland backlog at July 3, 2026 was $9,930 million (Funded $3,669 million; Unfunded $6,261 million). source
- Defense backlog at July 3, 2026 was $13,756 million (Funded $3,390 million; Unfunded $10,366 million). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +27.5% | Total backlog at July 3, 2026 was $48,711 million (Funded $10,223 million; Unfunded $38,488 million). |
| revenue | positive | probable | — | Intelligence & Digital backlog at July 3, 2026 was $18,414 million (Funded $1,922 million; Unfunded $16,492 million). |
| revenue | positive | probable | — | Health backlog at July 3, 2026 was $6,611 million (Funded $1,242 million; Unfunded $5,369 million). |
| revenue | positive | probable | — | Homeland backlog at July 3, 2026 was $9,930 million (Funded $3,669 million; Unfunded $6,261 million). |
| revenue | positive | probable | — | Defense backlog at July 3, 2026 was $13,756 million (Funded $3,390 million; Unfunded $10,366 million). |