Leidos Holdings LDOS
NYSE LDOS
$128.17 -1.07 (-0.83%)
As of: Sep 9, 2026 · 3:59 PM EDT

Leidos Holdings (LDOS) Operating Expenses (2009 - 2026)

Leidos Holdings' (LDOS) quarterly Operating Expenses came in at $310.0 million in Q3 2026, up 42.2% on a YoY basis from $218.0 million in Q3 2025, and up 39.01% quarter-over-quarter from $223.0 million in Q2 2026.

Analysis

Leidos Holdings (LDOS) Operating Expenses (2009 - 2026) Analysis & Trends

Leidos Holdings (LDOS) has reported Operating Expenses for 18 consecutive years, with $310.0 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Operating Expenses rose 42.2% year-over-year to $310.0 million; the trailing twelve-month figure through Jul 2026 stood at $1.1 billion (up 11.4% YoY), and the FY2026 full-year result was $999.0 million, up 1.63% from the prior year.
  • Operating Expenses rose to $310.0 million in Q3 2026 per LDOS's latest filing, from $223.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $310.0 million in Q3 2026 and bottomed at $218.0 million in Q3 2025.
  • Historically, Operating Expenses has averaged $244.9 million across 5 years, with a median of $234.5 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 48.43% in 2022, then fell 9.54% in 2023.
  • Over 5 years, Operating Expenses stood at $221.0 million in 2022, then rose by 5.43% to $233.0 million in 2023, then increased by 6.01% to $247.0 million in 2024, then climbed by 15.79% to $286.0 million in 2025, then climbed by 8.39% to $310.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $310.0 million, $223.0 million, and $266.0 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 120.87 Bn 117.07 Bn 2.45 Bn -
2 General Dynamics 95.39 Bn 91.06 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 76.32 Bn 75.61 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.49 Bn 71.18 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 46.76 Bn 45.24 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 32.70 Bn 31.74 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 27.56 Bn 27.22 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.85 Bn 20.37 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.21 Bn 15.46 Bn 817.00 Mn 310.00 Mn
10 Caci International 13.42 Bn 13.22 Bn 913.55 Mn 2.44 Bn
Historic Data

Historic Data

Download Data
DateValue
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