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

Leidos Holdings has reported Operating Margin for 16 years, with the latest figure at 12.28% in FY2026.

• For the quarter ending Q2 2026, Operating Margin fell 94.0% year-over-year to 11.55%; the trailing twelve-month figure through Apr 2026 stood at 12.04% (up 57.0% YoY), and the FY2026 full-year result was 12.28%, up 132.0% from the prior year.
• Operating Margin for FY2026 stood at 12.28%, up from 10.97% in the prior year.
• The five-year high for Operating Margin was 12.28% in FY2026, with the low at 4.02% in FY2023.
• Historically, Operating Margin has averaged 8.71% across 4 years, with a median of 9.26% in 2022.
• Annual changes were most pronounced in 2023 — Operating Margin slumped 354 bps — and 2025, when it soared 694 bps.
• Leidos Holdings' Operating Margin stood at 7.56% in 2022, then plunged by 47 bps to 4.02% in 2023, then surged by 173 bps to 10.97% in 2025, then grew by 12 bps to 12.28% in 2026.
• The last three Operating Margin figures came in at 12.28% (FY2026), 10.97% (FY2025), and 4.02% (FY2023), per Business Quant data.