Leidos demonstrated strong financial performance and growth across multiple segments, with successful contract renewals and innovative solutions driving future growth. However, the ongoing government shutdown poses challenges, alongside increased legal reserves and pressure in the Security Products business.

Company Guidance

During the Leidos Third Quarter 2025 Earnings Conference Call, CEO Tom Bell reported a 7% top-line growth with an adjusted EBITDA margin of 13.8% and operating cash flow of $711 million. Year-to-date, revenue has grown 5%, EBITDA 13%, and EPS 18%. This robust performance has allowed Leidos to raise its 2025 guidance for the second time this year, despite challenges such as the DOGE headwinds and a government shutdown. The company has maintained its revenue guidance between $17 billion and $17.25 billion, increased its adjusted EBITDA margin guidance to the high 13s, and raised its non-GAAP diluted EPS guidance to a range of $11.45 to $11.75. Additionally, Leidos has a $69 billion pipeline of near-term opportunities, with $24 billion in bids awaiting adjudication. The company also repurchased $100 million in shares and paid down $450 million in debt, improving its gross leverage ratio to 2x.

Strong Financial Performance

Leidos reported a 7% increase in revenue, a 13.8% adjusted EBITDA margin, and $711 million in operating cash flow. Year-to-date, they achieved 5% revenue growth, 13% EBITDA growth, and 18% EPS growth.

Successful Contract Wins and Renewals

Leidos rewon a $0.5 billion counterterrorism contract and delivered an electronic health record system for the Department of War on time and under budget. They reported a 27% sequential increase in funded backlog and a 1.3x book-to-bill ratio.

Energy Infrastructure Growth

The energy infrastructure business grew by double-digit CAGRs and now represents over $600 million in annual revenues. Leidos' proprietary Skywire AI platform reduces project costs by 30%.

Capital Deployment and Shareholder Returns

Leidos repurchased $100 million in shares, accelerated $450 million debt repayment, and increased its quarterly dividend by 7.5%.

Strong Segment Performance

National Security and Digital revenues increased 8%, Health & Civil revenues increased 6%, and Defense Systems grew 11% year-over-year.

Leidos Holdings (LDOS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LDOS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 17, 2026	2025 (Q4)	2.58 / -	2.37	―	―	―
Nov 04, 2025	2025 (Q3)	2.71 / 3.05	2.93	4.10% (+0.12)
Aug 05, 2025	2025 (Q2)	2.66 / 3.21	2.63	22.05% (+0.58)
May 06, 2025	2025 (Q1)	2.50 / 2.97	2.29	29.69% (+0.68)
Feb 11, 2025	2024 (Q4)	2.27 / 2.37	1.99	19.10% (+0.38)
Oct 29, 2024	2024 (Q3)	2.01 / 2.93	2.03	44.33% (+0.90)
Jul 30, 2024	2024 (Q2)	2.27 / 2.63	1.8	46.11% (+0.83)
Apr 30, 2024	2024 (Q1)	1.70 / 2.29	1.47	55.78% (+0.82)
Feb 13, 2024	2023 (Q4)	1.74 / 1.99	1.83	8.74% (+0.16)
Oct 31, 2023	2023 (Q3)	1.67 / 2.03	1.59	27.67% (+0.44)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LDOS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 04, 2025	$193.05	$199.55	+3.37%
Aug 05, 2025	$160.60	$172.56	+7.45%
May 06, 2025	$147.22	$154.00	+4.61%
Feb 11, 2025	$141.65	$136.52	-3.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Leidos Holdings (LDOS) report earnings?

Leidos Holdings (LDOS) is schdueled to report earning on Feb 17, 2026, Before Open (Confirmed).

What is Leidos Holdings (LDOS) earnings time?

Leidos Holdings (LDOS) earnings time is at Feb 17, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LDOS EPS forecast?

LDOS EPS forecast for the fiscal quarter 2025 (Q4) is 2.58.

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