Leidos Holdings, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.17B | $16.66B | $15.44B | $14.40B | $13.74B | $11.09B | $10.19B | $10.17B |
| Cost of Revenue | $14.08B | $13.86B | $13.19B | $12.31B | $11.72B | $9.55B | $8.69B | $8.74B |
| Gross Profit | $3.10B | $2.80B | $2.24B | $2.08B | $2.01B | $1.55B | $1.50B | $1.43B |
| Gross Margin | 18.0% | 16.8% | 14.5% | 14.5% | 14.7% | 14.0% | 14.8% | 14.1% |
| Operating Expenses | ||||||||
| Research & Development | $187.0M | $150.0M | $128.0M | $116.0M | $109.0M | $49.0M | $46.0M | $42.0M |
| SG&A Expense | $999.0M | $983.0M | $942.0M | $951.0M | $851.0M | $689.0M | $729.0M | $737.0M |
| Operating Income | $2.11B | $1.83B | $621.0M | $1.09B | $1.15B | $912.0M | $749.0M | $559.0M |
| Operating Margin | 12.3% | 11.0% | 4.0% | 7.6% | 8.4% | 8.2% | 7.3% | 5.5% |
| Interest Expense | — | — | — | — | $185.0M | $147.0M | $145.0M | $148.0M |
| Pretax Income | $1.91B | $1.64B | $403.0M | $886.0M | $967.0M | $866.0M | $610.0M | $393.0M |
| Income Tax Expense | $447.0M | $388.0M | $195.0M | $193.0M | $208.0M | $196.0M | $28.0M | $29.0M |
| Net Income | $1.45B | $1.25B | $199.0M | $685.0M | $753.0M | $667.0M | $581.0M | $366.0M |
| Net Margin | 8.4% | 7.5% | 1.3% | 4.8% | 5.5% | 6.0% | 5.7% | 3.6% |
| EPS (Basic) | $11.31 | $9.36 | $1.45 | $5.00 | $5.34 | $4.66 | $3.85 | $2.41 |
| EPS (Diluted) | $11.14 | $9.22 | $1.44 | $4.96 | $5.27 | $4.60 | $3.80 | $2.38 |
| Shares Outstanding (Basic) | 128.0M | 134.0M | 137.0M | 137.0M | 141.0M | 143.0M | 151.0M | 152.0M |
| Shares Outstanding (Diluted) | 130.0M | 136.0M | 138.0M | 138.0M | 143.0M | 145.0M | 153.0M | 154.0M |
| Dividends Per Share | $1.63 | $1.54 | $1.46 | $1.44 | $1.40 | $1.32 | $1.28 | $1.28 |