Leidos Earnings Reports

Leidos delivered robust earnings and revenue growth in Q3 2025, driven by strength across mission-critical work in national security and health segments, and raised its EPS and margin guidance for the full year.

Leidos delivered a strong second quarter in fiscal year 2025, with revenues increasing by 3% year-over-year to $4.25 billion. The company achieved a net income of $393 million and a diluted EPS of $3.01. Non-GAAP diluted EPS reached a record $3.21, up 22% year-over-year, and Adjusted EBITDA was a record $647 million with a margin of 15.2%. The strong performance was driven by increased demand across all customer segments, prudent cost management, and improved program execution, leading to raised full-year guidance.

Leidos delivered a solid start to FY25, reporting higher revenue and profitability driven by strong performance across all major segments and improved execution.

Leidos reported strong Q4 FY24 results, with revenue increasing 10% year-over-year to $4.37 billion and net income rising 23% to $282 million. Adjusted EPS reached $2.37, a 19% increase from Q4 FY23, driven by growth in managed health services and improved program execution. Operating income stood at $421 million, and free cash flow was $213 million.

Leidos Holdings, Inc. reported an 8% increase in revenue for the fourth quarter of 2023, reaching $3.98 billion. Diluted earnings per share increased by 30% to $1.66, and non-GAAP diluted earnings per share increased by 9% to $1.99. The company's focus on cost controls and cash generation contributed to exceeding guidance ranges.

Leidos Holdings, Inc. reported strong second quarter results with a 7% year-over-year increase in revenues, reaching $3.8 billion. Net income increased by 22% to $210 million, and adjusted EBITDA rose by 15% to $420 million. The company is updating its fiscal year 2023 guidance.

Leidos Holdings, Inc. reported a 6% year-over-year increase in revenues, reaching $3.7 billion for the first quarter of fiscal year 2023. Net income was $164 million, and diluted EPS was $1.17. Adjusted EBITDA was $346 million, with a margin of 9.4%. The company reaffirmed its fiscal year 2023 guidance.

Leidos Holdings, Inc. reported strong financial results for the fourth quarter and fiscal year 2022. The company's revenue for the fourth quarter was $3.7 billion, up 6% year-over-year, and the non-GAAP diluted EPS was $1.83, up 17% year-over-year. The company's performance was driven by its diversified and resilient portfolio and investments in technology and innovation.

Leidos Holdings, Inc. reported a 4% year-over-year increase in revenues to $3.6 billion for the third quarter of fiscal year 2022. Net income was $164 million, with adjusted EBITDA at $372 million. The company also reported record cash flows from operations of $748 million and free cash flow of $721 million.

Leidos Holdings, Inc. reported financial results for the second quarter of fiscal year 2022. Revenues were $3.6 billion, up 4% year-over-year. Net income was $172 million, and adjusted EBITDA was $366 million. Diluted earnings per share were $1.24, or $1.59 on a non-GAAP basis. Net bookings were $2.2 billion, resulting in a backlog of $34.7 billion, up 4% year-over-year.

Leidos Holdings, Inc. reported financial results for the first quarter of fiscal year 2022. Revenues were $3.49 billion, up 5% year-over-year. Net income was $177 million, and diluted EPS was $1.25. Net bookings totaled $5.4 billion, resulting in a record backlog of $36.3 billion.

Leidos Holdings, Inc. reported Q4 2021 financial results, with revenues increasing by 7% year-over-year to $3.49 billion. Diluted earnings per share decreased by 10% to $1.23, while non-GAAP diluted earnings per share decreased by 4% to $1.56. The company's backlog at the end of fiscal year 2021 was $34.5 billion.

Leidos Holdings, Inc. reported financial results for the third quarter of fiscal year 2021, with revenues of $3.5 billion, up 7% year-over-year. Net income was $208 million, and adjusted EBITDA was $403 million. Diluted earnings per share were $1.43, or $1.80 on a non-GAAP basis. Net bookings of $4.7 billion resulted in a record backlog of $34.7 billion.

Leidos Holdings, Inc. reported financial results for the second quarter of fiscal year 2021. Revenues were $3.4 billion, up 18% year-over-year. Diluted Earnings per Share was $1.18, or $1.52 on a non-GAAP basis. Net Bookings of $3.8 billion and backlog grew to $33.5 billion, up 9% year-over-year.

Leidos Holdings, Inc. reported a 14.4% increase in revenue, reaching $3.24 billion for the third quarter of fiscal year 2020. Diluted earnings per share were $1.13, and non-GAAP diluted earnings per share were $1.47. The company's net bookings totaled $4.3 billion, resulting in a book-to-bill ratio of 1.3. Cash flows from operations were $592 million.

Leidos Holdings, Inc. reported a revenue increase of 6.8% year-over-year, with revenues reaching $2.91 billion. Diluted earnings per share were $1.06, and non-GAAP diluted earnings per share were $1.55. The company's net bookings were $4.6 billion, resulting in a book-to-bill ratio of 1.6. Cash flows from operations amounted to $422 million.

Leidos Holdings, Inc. reported a 12.1% increase in revenues for Q1 2020, reaching $2.89 billion. The company's net bookings were $5.5 billion, resulting in a book-to-bill ratio of 1.9. Diluted earnings per share was $0.80, while non-GAAP diluted earnings per share was $1.19. The company's backlog reached a record $28.3 billion.

Leidos Holdings reported Q4 2019 revenues of $2.95 billion, an 11.6% increase compared to the prior year quarter. Diluted earnings per share was $1.26, and non-GAAP diluted earnings per share was $1.51, a 37% increase year-over-year. The company's backlog at the end of fiscal year 2019 was $24.1 billion.