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

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

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

Leidos Holdings has reported Operating Expenses for 18 years, with the latest figure at $223.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 3.04% year-over-year to $223.0 million; the trailing twelve-month figure through Apr 2026 stood at $992.0 million (up 0.51% YoY), and the FY2026 full-year result was $999.0 million, up 1.63% from the prior year.
  • Operating Expenses for Q2 2026 stood at $223.0 million, down from $266.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $286.0 million in Q4 2025, with the low at $217.0 million in Q3 2025.
  • Historically, Operating Expenses has averaged $241.1 million across 5 years, with a median of $233.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 48.43% — and 2023, when it declined 9.54%.
  • Leidos Holdings' Operating Expenses stood at $221.0 million in 2022, then grew by 5.43% to $233.0 million in 2023, then climbed by 6.01% to $247.0 million in 2024, then gained by 15.79% to $286.0 million in 2025, then fell by 22.03% to $223.0 million in 2026.
  • The last three Operating Expenses figures came in at $223.0 million (Q2 2026), $266.0 million (Q1 2026), and $286.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 500.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 7.26 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -158.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 15.55 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 791.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 605.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 1.59 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 814.00 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 223.00 Mn
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn 2.12 Bn

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