Leidos Holdings (LDOS) 10-K Summary — Year Ended Dec 29, 2023
Leidos Holdings reported revenue growth for the most recent fiscal year compared to the prior year. Operating cash flow was strong, and net income and operating income were reported.
Key takeaway
Year ended Dec 29, 2023 · FY2025 10-K
Leidos Holdings reported revenue growth for the most recent fiscal year compared to the prior year. Operating cash flow was strong, and net income and operating income were reported.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$15.3B
Revenue reported for the fiscal year.
Operating income
$621M
Income from operations reported for the year.
Net income
$199M
Net income reported for the year.
Operating cash flow
$1.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $13.6B | n/a |
| Dec 30, 2022 | $14.3B | +4.9% |
| Dec 29, 2023 | $15.3B | +7.4% |
Business overview
The filing includes a Business overview section (Item 1) that describes the company's operations, but the specific content is not provided in the supplied data.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were reported, and operating cash flow was substantial. The trend shows consecutive annual revenue growth over the past three reported periods.
Material risks
The filing identifies risk factors in Item 1A, but the specific risks are not detailed in the supplied JSON data.
Liquidity and capital
A Liquidity and Capital Resources discussion is referenced in the filing, but no details are available from the supplied context.
What to watch
Monitor whether revenue continues its upward trend in the next filing.