Leidos reports 7% revenue growth and raises 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
Leidos reported second-quarter fiscal 2026 revenue of $4.56 billion, up 7% year over year, with GAAP net income of $356 million, diluted EPS of $2.81, non-GAAP EPS of $3.26 and free cash flow of $761 million for the quarter ended July 3, 2026. The company raised its 2026 revenue guidance to $18.20-$18.40 billion, non-GAAP EPS guidance to $12.20-$12.50 and operating cash flow outlook to approximately $1.85 billion; quarterly bookings totaled $4.9 billion, lifting backlog to $48.7 billion.