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| Date | Value |
|---|---|
| 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 |