Leidos Reports Strong 2025 Results and Dividend Declaration

Leidos Holdings ( (LDOS) ) has shared an update.

Leidos Holdings reported on February 17, 2026 that full-year 2025 revenue rose 3% to $17.17 billion, with net income up 17% to $1.46 billion and diluted EPS up 21% to $11.14, driven by efficiencies on fixed-price programs and tighter cost control. Fourth-quarter 2025 revenue declined 4% to $4.21 billion due to an extra work week in 2024 and a six-week government shutdown, but earnings improved, with net income up 19%, adjusted EBITDA margin rising to 13.2%, and record quarterly operating cash flow of $495 million supporting robust buybacks and dividends.

For 2025, Leidos generated $1.75 billion in operating cash flow and $1.63 billion in free cash flow, enabling $1.15 billion in financing outflows, including share repurchases and its dividend program, while ending the year with $1.1 billion in cash and $4.6 billion in debt. The board declared a $0.43 per-share dividend payable March 31, 2026, and after quarter-end the company agreed to acquire power design firm Entrust for $2.4 billion to expand its utility client base and energy infrastructure capabilities, while securing $17.5 billion in net bookings for the year and closing 2025 with a $49.0 billion backlog, underscoring strong demand in its priority markets.

The most recent analyst rating on (LDOS) stock is a Buy with a $219.00 price target. To see the full list of analyst forecasts on Leidos Holdings stock, see the LDOS Stock Forecast page.

Spark’s Take on LDOS Stock

According to Spark, TipRanks’ AI Analyst, LDOS is a Outperform.

The score is driven primarily by strong underlying financial performance and a notably positive earnings update with raised 2025 guidance and robust cash generation. Valuation is reasonable but not cheap given the low dividend yield, while technical signals are neutral-to-mildly positive. The ENTRUST acquisition adds growth upside, partially offset by added financing and execution risk and by the recent decline in free cash flow growth.

To see Spark’s full report on LDOS stock, click here.

More about Leidos Holdings

Leidos Holdings, Inc. is a U.S.-based technology and engineering company focused on national security, intelligence, civil, and health markets. Its offerings span integrated air and missile defense, digital modernization and cyber, mission software, space and maritime systems, energy infrastructure, and managed health services, targeting government and utility customers worldwide.

Average Trading Volume: 877,610

Technical Sentiment Signal: Buy

Current Market Cap: $22.54B

Learn more about LDOS stock on TipRanks’ Stock Analysis page.