LDOS · 10-Q · 2026Q4 · Full report

Order Backlog and Book-to-Bill

Leidos Holdings, Inc. · 2026-11-03 · Importance 76 · Surprise 56 · From source text

Leidos recorded estimated net bookings of $13.7 billion in the nine months ended October 2, 2026, up from $11.9 billion a year earlier, an increase of approximately 15%. Total backlog was $49.554 billion at October 2, 2026, compared with $47.656 billion at October 3, 2025. Defense backlog increased to $14.654 billion from $10.492 billion, while Health backlog declined to $6.318 billion from $8.002 billion. The reported backlog includes $371 million acquired with Entrust in the Homeland segment and comprises negotiated contracts and qualifying unissued task orders on sole-source IDIQ contracts.

Key facts

• Net bookings were an estimated $5.5 billion in the three months and $13.7 billion in the nine months ended October 2, 2026, compared with $5.9 billion and $11.9 billion in the comparable 2025 periods. source
• Total backlog at October 2, 2026, was $49,554 million, comprising $11,062 million funded and $38,492 million unfunded, compared with $47,656 million at October 3, 2025. source
• Entrust had $371 million of backlog at its March 27, 2026 acquisition date, included in the Homeland reportable segment. source

Impact estimates