Leidos Delivers Strong Third Quarter and Enhances Full-Year Guidance
Key Highlights
- ➤Q3 revenue $4.63 billion, up 4% year-over-year
- ➤Non-GAAP diluted EPS $3.62, up 19% year-over-year
- ➤FY26 non-GAAP EPS guidance raised to $12.50-$12.70
- ➤FY26 revenue guidance reduced to $18.00-$18.20 billion
- ➤Quarterly net bookings $5.5 billion; backlog reached $49.6 billion
Expert Statements
Tom Bell, Chief Executive Officer of Leidos
“Leidos delivered another quarter of strong financial performance, allowing us to enhance our 2026 guidance for the third consecutive quarter.”
Tom Bell, Chief Executive Officer of Leidos
“Our sustained momentum reflects the strength of our focused team, united behind our NorthStar 2030 strategy and committed to delivering on our customers' most critical missions.”
Tom Bell, Chief Executive Officer of Leidos
“Looking ahead, we'll continue to execute our strategy with confidence, invest in differentiated capabilities, and deploy capital strategically to accelerate growth and create enduring value.”
Leidos Delivers Strong Third Quarter and Enhances Full-Year Guidance PR Newswire
* Revenues of $4.6 billion, up 4% year-over-year * Net income of $413 million or $3.28 per diluted share * Adjusted EBITDA (non-GAAP) of $644 million and Adjusted EBITDA margin (non-GAAP) of 13.9% * Non-GAAP Diluted Earnings per Share of $3.62, up 19% year-over-year * Cash Flows from Operations of $523 million; Non-GAAP Free Cash Flow of $476 million RESTON, Va., Nov. 3, 2026 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS) today reported financial results for the third quarter of fiscal year 2026, highlighted by robust revenue growth and free cash flow generation.
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