LDOS · 10-Q · 2026Q4

Leidos Holdings, Inc.

Filed 2026-11-03 · Technology · View original filing on EDGAR

Everything LDOS's SEC filings said, ranked

Ranked Events

• Liquidity and Debt PositionImportance 78 · Surprise 74
  Leidos had $630 million of cash and cash equivalents and $6.0 billion of outstanding debt at October 2, 2026, compared with $4.6 billion of debt at January 2, 2026. In March 2026, it issued $600 million of 4.10% notes…
• Order Backlog and Book-to-BillImportance 76 · Surprise 56
  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,…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Leidos completed its $2.338 billion cash acquisition of Entrust in fiscal 2026, funding part of the consideration with $1.4 billion of senior notes issued in March 2026. Entrust contributed $294 million of revenue in…
• U.S. Government Funding OutlookImportance 64 · Surprise 42
  Leidos generated approximately 83% of revenue from U.S. government contracts in the three months ended October 2, 2026, and 84% in the nine months ended that date. Federal funding is secured through December 11, 2026,…
• Capital Return ProgramImportance 63 · Surprise 64
  Leidos repurchased $500 million of common stock in the open market during the three months ended October 2, 2026, and $766 million during the nine-month period. Nine-month repurchases were up from $100 million in the…
• Customer Revenue ConcentrationImportance 61 · Surprise 32
  U.S. government contracts generated approximately 84% of Leidos revenue for the nine months ended October 2, 2026, down from 87% in the prior-year period. The U.S. government share was approximately 83% for the third…
• Market Demand TrendsImportance 47 · Surprise 48
  Intelligence & Digital revenue increased 5.0% for the nine months, driven primarily by program wins, while net volume decreases and completed contracts partly offset growth. Health revenue declined 6.5% for the nine…
• Operating Cash Flow TrendsImportance 47 · Surprise 48
  Net cash provided by operating activities increased $362 million to $1.617 billion for the nine months ended October 2, 2026. The improvement primarily reflected favorable working-capital changes and $148 million of…
• Segment Revenue PerformanceImportance 47 · Surprise 48
  Intelligence & Digital revenue increased 5.0% to $4.558 billion for the nine months ended October 2, 2026, primarily due to program wins, partially offset by lower volumes and completed contracts. Health revenue…
• Operating Income and MarginsImportance 37 · Surprise 32
  Consolidated operating margin for the nine months ended October 2, 2026, was 11.6%, down from 12.6% a year earlier, while operating income declined 3.7%. Intelligence & Digital's nine-month margin improved to 10.1%…
• Income Tax Rate ChangesImportance 35 · Surprise 48
  The effective tax rate was 18.9% for the nine months ended October 2, 2026, compared with 23.9% in the prior-year period. For the third quarter, the rate declined to 14.3% from 23.8%. The filing attributed the rate…
• Revenue Performance and MixImportance 30 · Surprise 14
  Revenue for the nine months ended October 2, 2026, increased 4.8% to $13.588 billion from $12.967 billion in the prior-year period. Third-quarter revenue increased 3.6% to $4.630 billion from $4.469 billion. U.S.…

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Revenue by Geography (in millions)