# Leidos Holdings, Inc. (LDOS) FY2026 Q2 P&L / Income Statement - Company: Leidos Holdings, Inc. (LDOS) - Period: 2026-04-04 to 2026-07-03 - Filing: Q2 FY2026 10-Q, filed 2026-08-04, accession number 0001336920-26-000246 - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-income-statement-sankey.png ## Chart details: Revenue by Business Segment Income statement for 2026-04-04 through 2026-07-03. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **Intelligence & Digital**: 1,499,000,000 US dollars - **Health**: 1,086,000,000 US dollars - **Homeland**: 1,018,000,000 US dollars - **Defense**: 955,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Business Segment by Basis of Pricing - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-business-segment-by-basis-of-pricing - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-business-segment-by-basis-of-pricing-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **Revenue Not from Contract with Customer**: 10,000,000 US dollars - **Defense - Cost-reimbursement and fixed-price-incentive-fee**: 541,000,000 US dollars - **Defense - Time-and-materials and fixed-price-level-of-effort**: 85,000,000 US dollars - **Defense - Firm-fixed-price**: 329,000,000 US dollars - **Health - Cost-reimbursement and fixed-price-incentive-fee**: 388,000,000 US dollars - **Health - Time-and-materials and fixed-price-level-of-effort**: 33,000,000 US dollars - **Health - Firm-fixed-price**: 665,000,000 US dollars - **Homeland - Cost-reimbursement and fixed-price-incentive-fee**: 193,000,000 US dollars - **Homeland - Time-and-materials and fixed-price-level-of-effort**: 309,000,000 US dollars - **Homeland - Firm-fixed-price**: 516,000,000 US dollars - **Intelligence & Digital - Cost-reimbursement and fixed-price-incentive-fee**: 904,000,000 US dollars - **Intelligence & Digital - Time-and-materials and fixed-price-level-of-effort**: 233,000,000 US dollars - **Intelligence & Digital - Firm-fixed-price**: 352,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Business Segment by Acquired Business - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-business-segment-by-acquired-business - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-business-segment-by-acquired-business-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Segments by Business Combination. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **Defense**: 955,000,000 US dollars - **Health**: 1,086,000,000 US dollars - **Homeland - Entrust**: 141,000,000 US dollars - **Intelligence & Digital - Kudu Dynamics**: 17,000,000 US dollars - **Undisclosed (calculated)**: 2,359,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-business-segment-by-geography-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **Revenue Not from Contract with Customer**: 10,000,000 US dollars - **Defense - UNITED STATES**: 944,000,000 US dollars - **Defense - International**: 11,000,000 US dollars - **Health - UNITED STATES**: 1,086,000,000 US dollars - **Health - International**: 0 US dollars - **Homeland - UNITED STATES**: 626,000,000 US dollars - **Homeland - International**: 392,000,000 US dollars - **Intelligence & Digital - UNITED STATES**: 1,488,000,000 US dollars - **Intelligence & Digital - International**: 1,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Business Segment by Customer - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-business-segment-by-customer - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-business-segment-by-customer-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Business segment by customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **Revenue Not from Contract with Customer**: 10,000,000 US dollars - **Defense - Commercial and non-U.S. customers**: 34,000,000 US dollars - **Defense - Other U.S. government agencies**: 19,000,000 US dollars - **Defense - DoW and U.S. Intelligence Community**: 902,000,000 US dollars - **Health - Commercial and non-U.S. customers**: 15,000,000 US dollars - **Health - Other U.S. government agencies**: 852,000,000 US dollars - **Health - DoW and U.S. Intelligence Community**: 219,000,000 US dollars - **Homeland - Commercial and non-U.S. customers**: 702,000,000 US dollars - **Homeland - Other U.S. government agencies**: 298,000,000 US dollars - **Homeland - DoW and U.S. Intelligence Community**: 18,000,000 US dollars - **Intelligence & Digital - Commercial and non-U.S. customers**: 13,000,000 US dollars - **Intelligence & Digital - Other U.S. government agencies**: 379,000,000 US dollars - **Intelligence & Digital - DoW and U.S. Intelligence Community**: 1,097,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-geography-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **UNITED STATES**: 4,144,000,000 US dollars - **International**: 404,000,000 US dollars - **Revenue Not from Contract with Customer**: 10,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Customer - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-customer - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-customer-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **DoW and U.S. Intelligence Community**: 2,236,000,000 US dollars - **Other U.S. government agencies**: 1,548,000,000 US dollars - **Commercial and non-U.S. customers**: 764,000,000 US dollars - **Revenue Not from Contract with Customer**: 10,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M. ## Chart details: Revenue by Basis of Pricing - Page: https://plicit.ai/financials/ldos/fy2026-q2-income-statement/revenue-by-basis-of-pricing - Chart image: https://plicit.ai/charts/ldos-fy2026-q2-revenue-by-basis-of-pricing-sankey.png Income statement for 2026-04-04 through 2026-07-03. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 4,558,000,000 US dollars - **Cost of revenues**: 3,741,000,000 US dollars - **Gross profit (calculated)**: 817,000,000 US dollars - **Operating costs, net of other operating income (calculated)**: 303,000,000 US dollars - **Operating income**: 514,000,000 US dollars - **Other income (expense), net (calculated)**: negative 63,000,000 US dollars - **Income before income taxes**: 451,000,000 US dollars - **Income tax expense**: 95,000,000 US dollars - **Net income**: 356,000,000 US dollars - **Cost-reimbursement and fixed-price-incentive-fee**: 2,026,000,000 US dollars - **Firm-fixed-price**: 1,862,000,000 US dollars - **Time-and-materials and fixed-price-level-of-effort**: 660,000,000 US dollars - **Revenue Not from Contract with Customer**: 10,000,000 US dollars - **Selling, general and administrative expenses**: 283,000,000 US dollars - **Acquisition, integration and restructuring costs**: 27,000,000 US dollars - **Equity earnings of non-consolidated subsidiaries**: negative 7,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to Leidos Holdings, Inc.: $354.00 M; to noncontrolling interests: $2.00 M.