Leidos Holdings (LDOS) Operating Expenses (2009 - 2026)
Leidos Holdings (LDOS) reported Operating Expenses of $310 million for Q2 2027, up 42.2% from $218 million a year earlier and up 39.0% from the prior quarter.
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Analysis
Leidos Holdings (LDOS) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 3, 2026, Leidos Holdings' Operating Expenses came in at $1.09 billion, up 11.4% year-over-year; for FY2026, it was $999 million, up 1.6% from FY2025.
- Operating Expenses has a five-year compound annual growth rate of 3.3% (FY2021 to FY2026).
- By year, Operating Expenses came in at $983 million in FY2025, $942 million in FY2023 (-0.9%) and $951 million in FY2022 (+11.8%).
- The Q2 2027 figure ranks as the highest quarterly Operating Expenses since Q3 2012.
- Year over year, Operating Expenses gained in three of the last six quarters, with growth averaging 7.7%.
- Per Business Quant data, the three quarters before Q2 2027 came in at $223 million (Q1 2027), $266 million (Q4 2026) and $286 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 10.86 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 21.96 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 12.63 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 756.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 9.78 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.87 Bn |
| 10 | Leidos Holdings | 15.29 Bn | 12.06 Bn | 817.00 Mn | 310.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 310.00 Mn |
| Apr 3, 2026 | 223.00 Mn |
| Jan 2, 2026 | 266.00 Mn |
| Oct 3, 2025 | 286.00 Mn |
| Jul 4, 2025 | 218.00 Mn |
| Apr 4, 2025 | 230.00 Mn |
| Jan 3, 2025 | 279.00 Mn |
| Sep 27, 2024 | 247.00 Mn |
| Jun 28, 2024 | 231.00 Mn |
| Mar 29, 2024 | 226.00 Mn |
| Dec 29, 2023 | 233.00 Mn |
| Sep 29, 2023 | 239.00 Mn |
| Jun 30, 2023 | 237.00 Mn |
| Mar 31, 2023 | 233.00 Mn |
| Dec 30, 2022 | 221.00 Mn |
| Sep 30, 2022 | 232.00 Mn |
| Jul 1, 2022 | 262.00 Mn |
| Apr 1, 2022 | 236.00 Mn |
| Dec 31, 2021 | 226.00 Mn |
| Oct 1, 2021 | 233.00 Mn |
API Access
Leidos Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LDOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LDOS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LDOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();