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

Leidos Holdings (LDOS) posted Operating Expenses of $223.0 million for Q2 2026, down 16.17% on a QoQ basis from $266.0 million in Q1 2026, and down 3.04% year-over-year from $230.0 million in Q2 2025.

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

Leidos Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $223.0 million for Q2 2026.

  • Quarterly Operating Expenses fell 3.04% year-over-year to $223.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $992.0 million (up 0.51% YoY) and the FY2026 annual result came in at $999.0 million, up 1.63% from the prior year.
  • Operating Expenses was $223.0 million for Q2 2026 at Leidos Holdings, down from $266.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $286.0 million in Q4 2025 and bottomed at $217.0 million in Q3 2025.
  • A 5-year average of $241.1 million and a median of $233.0 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 48.43% — and 2023, when it decreased 9.54%.
  • Leidos Holdings' 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 decreased by 22.03% to $223.0 million in 2026.
  • Business Quant data shows LDOS's Operating Expenses at $223.0 million in Q2 2026, $266.0 million in Q1 2026, and $286.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 7.29 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 15.54 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -27.00 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 528.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 29.83 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 605.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 791.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 2.23 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.59 Bn
10 Leidos Holdings 13.88 Bn 13.47 Bn 761.00 Mn 223.00 Mn

Historic Data

Download Data
DateValue
Apr 3, 2026 223.00 Mn
Jan 2, 2026 266.00 Mn
Oct 3, 2025 286.00 Mn
Jul 4, 2025 217.00 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
Jul 2, 2021 224.00 Mn