Leidos Holdings, Inc. (LDOS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.4B | 4.21B | 4.47B | 4.25B | 4.25B | 4.37B | 4.19B | 4.13B | 3.98B | 3.98B | 3.92B | 3.84B | 3.7B | 3.7B | 3.61B | 3.6B | 3.49B | 3.49B | 3.48B | 3.45B |
| Revenue Growth % | 3.65% | -3.62% | 6.66% | 2.93% | 6.79% | 9.67% | 6.86% | 7.66% | 7.46% | 7.65% | 8.68% | 6.7% | 5.87% | 5.9% | 3.59% | 4.32% | 5.4% | 7.35% | 7.43% | 18.33% |
| Cost of Goods Sold | 3.64B | 3.53B | 3.65B | 3.47B | 3.49B | 3.67B | 3.43B | 3.43B | 3.34B | 3.38B | 3.33B | 3.27B | 3.2B | 3.18B | 3.1B | 3.06B | 2.98B | 2.98B | 2.94B | 2.95B |
| COGS % of Revenue | 82.7% | 84% | 81.63% | 81.61% | 82.17% | 84.12% | 81.81% | 82.94% | 83.95% | 85.05% | 85.03% | 85.23% | 86.62% | 85.91% | 85.78% | 85.04% | 85.35% | 85.45% | 84.47% | 85.56% |
| Gross Profit | 761M | 673.12M | 821M | 782M | 757M | 693M | 762M | 705M | 638M | 595M | 587M | 567M | 495M | 521M | 513M | 538M | 512M | 508M | 541M | 498M |
| Gross Margin % | 17.3% | 16% | 18.37% | 18.39% | 17.83% | 15.88% | 18.19% | 17.06% | 16.05% | 14.95% | 14.97% | 14.77% | 13.38% | 14.09% | 14.22% | 14.96% | 14.65% | 14.55% | 15.53% | 14.44% |
| Gross Profit Growth % | 0.53% | -2.87% | 7.74% | 10.92% | 18.65% | 16.47% | 29.81% | 24.34% | 28.89% | 14.2% | 14.42% | 5.39% | -3.32% | 2.56% | -5.18% | 8.03% | 9.64% | 3.46% | 15.6% | 30.03% |
| Operating Expenses | 253M | 201.94M | 286M | 211M | 227M | 272M | 246M | 230M | 223M | 234M | 923M | 236M | 230M | 256M | 232M | 267M | 241M | 238M | 236M | 229M |
| OpEx % of Revenue | 5.75% | 4.8% | 6.4% | 4.96% | 5.35% | 6.23% | 5.87% | 5.57% | 5.61% | 5.88% | 23.54% | 6.15% | 6.22% | 6.92% | 6.43% | 7.42% | 6.9% | 6.82% | 6.78% | 6.64% |
| Selling, General & Admin | 223M | 201.94M | 286M | 217M | 230M | 279M | 247M | 231M | 226M | 233M | 239M | 237M | 233M | 223M | 232M | 262M | 236M | 235M | 233M | 224M |
| SG&A % of Revenue | 5.07% | 4.8% | 6.4% | 5.1% | 5.42% | 6.39% | 5.9% | 5.59% | 5.69% | 5.85% | 6.1% | 6.18% | 6.3% | 6.03% | 6.43% | 7.28% | 6.75% | 6.73% | 6.69% | 6.5% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 508M | 471.18M | 535M | 571M | 530M | 421M | 516M | 475M | 415M | 361M | -336M | 331M | 265M | 265M | 281M | 271M | 271M | 270M | 305M | 269M |
| Operating Margin % | 11.55% | 11.2% | 11.97% | 13.43% | 12.49% | 9.64% | 12.31% | 11.5% | 10.44% | 9.07% | -8.57% | 8.62% | 7.16% | 7.17% | 7.79% | 7.53% | 7.76% | 7.73% | 8.76% | 7.8% |
| Operating Income Growth % | -4.15% | 11.92% | 3.68% | 20.21% | 27.71% | 16.62% | 253.57% | 43.5% | 56.6% | 36.23% | -219.57% | 22.14% | -2.21% | -1.85% | -7.87% | 0.74% | -12.01% | -9.7% | 18.22% | 8.03% |
| EBITDA | 532M | 556M | 609M | 643M | 599M | 500M | 587M | 546M | 484M | 444M | -254M | 415M | 347M | 349M | 362M | 354M | 356M | 351M | 392M | 349M |
| EBITDA Margin % | 12.09% | 13.22% | 13.63% | 15.12% | 14.11% | 11.45% | 14.01% | 13.21% | 12.18% | 11.16% | -6.48% | 10.81% | 9.38% | 9.44% | 10.03% | 9.84% | 10.19% | 10.05% | 11.25% | 10.12% |
| EBITDA Growth % | -11.19% | 11.2% | 3.75% | 17.77% | 23.76% | 12.61% | 331.1% | 31.57% | 39.48% | 27.22% | -170.17% | 17.23% | -2.53% | -0.57% | -7.65% | 1.43% | -7.53% | -4.36% | 15.29% | 9.06% |
| D&A (Non-Cash Add-back) | 0 | 84.82M | 74M | 72M | 69M | 79M | 71M | 71M | 69M | 83M | 82M | 84M | 82M | 84M | 81M | 83M | 85M | 81M | 87M | 80M |
| EBIT | 532M | 471.18M | 535M | 573M | 527M | 422M | 516M | 477M | 417M | 359M | -335M | 330M | 261M | 269M | 271M | 275M | 270M | 269M | 307M | 269M |
| Net Interest Income | -55M | -48M | -51M | -55M | -49M | -47M | -46M | -51M | -49M | -49M | -53M | -56M | -54M | -51M | -50M | -50M | -48M | -46M | -47M | -46M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 55M | 48M | 51M | 55M | 49M | 47M | 46M | 51M | 49M | 49M | 53M | 56M | 54M | 51M | 50M | 50M | 48M | 46M | 47M | 46M |
| Other Income/Expense | -79M | -48M | -51M | -53M | -52M | -46M | -46M | -49M | -47M | -51M | -52M | -57M | -58M | -47M | -60M | -46M | -49M | -48M | -45M | -46M |
| Pretax Income | 429M | 423.18M | 484M | 518M | 478M | 375M | 470M | 426M | 368M | 310M | -388M | 274M | 207M | 218M | 221M | 225M | 222M | 222M | 260M | 223M |
| Pretax Margin % | 9.75% | 10.06% | 10.83% | 12.18% | 11.26% | 8.59% | 11.22% | 10.31% | 9.26% | 7.79% | -9.9% | 7.14% | 5.6% | 5.9% | 6.13% | 6.26% | 6.35% | 6.36% | 7.46% | 6.47% |
| Income Tax | 94M | 88.18M | 115M | 125M | 113M | 93M | 108M | 102M | 85M | 80M | 8M | 64M | 43M | 38M | 57M | 53M | 45M | 46M | 52M | 53M |
| Effective Tax Rate % | 21.91% | 20.84% | 23.76% | 24.13% | 23.64% | 24.8% | 22.98% | 23.94% | 23.1% | 25.81% | -2.06% | 23.36% | 20.77% | 17.43% | 25.79% | 23.56% | 20.27% | 20.72% | 20% | 23.77% |
| Net Income | 328M | 335M | 367M | 391M | 363M | 284M | 364M | 322M | 284M | 229M | -399M | 207M | 162M | 177M | 162M | 171M | 175M | 174M | 205M | 169M |
| Net Margin % | 7.45% | 7.96% | 8.21% | 9.19% | 8.55% | 6.51% | 8.69% | 7.79% | 7.14% | 5.75% | -10.18% | 5.39% | 4.38% | 4.79% | 4.49% | 4.75% | 5.01% | 4.98% | 5.89% | 4.9% |
| Net Income Growth % | -9.64% | 17.96% | 0.82% | 21.43% | 27.82% | 24.02% | 191.23% | 55.56% | 75.31% | 29.38% | -346.3% | 21.05% | -7.43% | 1.72% | -20.98% | 1.18% | -14.63% | -11.68% | 25.77% | 10.46% |
| Net Income (Continuing) | 335M | 335M | 369M | 393M | 365M | 282M | 362M | 324M | 283M | 230M | -396M | 210M | 164M | 180M | 164M | 172M | 177M | 176M | 208M | 170M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 51M | 46M | 45M | 45M | 45M | 48M | 53M | 55M | 55M | 57M | 57M | 56M | 55M | 54M | 53M | 53M | 53M | 53M | 51M | 49M |
| EPS (Diluted) | 2.56 | 2.53 | 2.82 | 3.01 | 2.77 | 2.12 | 2.68 | 2.37 | 2.07 | 1.66 | -2.91 | 1.50 | 1.17 | 1.28 | 1.17 | 1.24 | 1.25 | 1.23 | 1.43 | 1.18 |
| EPS Growth % | -7.58% | 19.34% | 5.22% | 27% | 33.82% | 27.71% | 192.1% | 58% | 76.92% | 29.69% | -348.72% | 20.97% | -6.4% | 4.06% | -18.18% | 5.08% | -11.97% | -10.22% | 26.55% | 11.32% |
| EPS (Basic) | 2.60 | 2.53 | 2.87 | 3.03 | 2.79 | 2.14 | 2.72 | 2.39 | 2.09 | 1.67 | -2.91 | 1.51 | 1.18 | 1.29 | 1.18 | 1.25 | 1.26 | 1.24 | 1.45 | 1.20 |
| Diluted Shares Outstanding | 128M | 132.41M | 130.14M | 130M | 131M | 134M | 134M | 136M | 137M | 138M | 137M | 138M | 138M | 138M | 138M | 138M | 140M | 142M | 143M | 143M |
| Basic Shares Outstanding | 126M | 132.41M | 127.88M | 129M | 130M | 133M | 134M | 135M | 136M | 137M | 137M | 137M | 137M | 137M | 137M | 137M | 139M | 140M | 141M | 141M |
| Dividend Payout Ratio | 16.77% | 16.42% | 13.9% | 13.3% | 14.6% | 18.66% | 14.01% | 15.84% | 18.66% | 22.27% | - | 24.15% | 30.86% | 28.25% | 30.25% | 28.66% | 29.14% | 28.74% | 24.88% | 28.4% |