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| 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 |