Leidos Holdings (LDOS) Operating Margin (2009 - 2026)
Leidos Holdings' (LDOS) quarterly Operating Margin came in at 11.55% in Q2 2026, down 94.0% YoY from 192.42% in Q2 2025, and up 2.69% on a QoQ basis from 11.24% in Q1 2026.
Leidos Holdings (LDOS) Operating Margin (2009 - 2026) Analysis & Trends
Leidos Holdings (LDOS) has 18 years of Operating Margin data on file, last reported at 11.55% in Q2 2026.
- Quarterly Operating Margin fell 94.0% year-over-year to 11.55% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 12.04% (up 57.0% YoY) and the FY2026 annual result came in at 12.28%, up 132.0% from the prior year.
- Operating Margin grew to 11.55% in Q2 2026, from 11.24% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 13.43% in Q3 2025 to a low of 8.57% in Q3 2023.
- A 5-year average of 8.89% and a median of 9.64% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin slumped 1636 bps — and 2024, when it jumped 2088 bps.
- Tracing LDOS's Operating Margin over 5 years: stood at 7.17% in 2022, then climbed by 27 bps to 9.07% in 2023, then jumped by 36 bps to 12.32% in 2024, then decreased by 3 bps to 11.97% in 2025, then slipped by 4 bps to 11.55% in 2026.
- The last three Operating Margin figures came in at 11.55% (Q2 2026), 11.24% (Q1 2026), and 11.97% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 15.24% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 16.96% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 21.09% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 15.95% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 15.01% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 24.61% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 16.01% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 11.28% |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | 6.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 11.28% |
| Apr 3, 2026 | 11.55% |
| Jan 2, 2026 | 11.24% |
| Oct 3, 2025 | 11.97% |
| Jul 4, 2025 | 13.43% |
| Apr 4, 2025 | 12.49% |
| Jan 3, 2025 | 9.64% |
| Sep 27, 2024 | 12.32% |
| Jun 28, 2024 | 11.50% |
| Mar 29, 2024 | 10.44% |
| Dec 29, 2023 | 9.07% |
| Sep 29, 2023 | -8.57% |
| Jun 30, 2023 | 8.62% |
| Mar 31, 2023 | 7.16% |
| Dec 30, 2022 | 7.17% |
| Sep 30, 2022 | 7.79% |
| Jul 1, 2022 | 7.53% |
| Apr 1, 2022 | 7.76% |
| Dec 31, 2021 | 7.73% |
| Oct 1, 2021 | 8.76% |