Leidos Holdings (LDOS) 10-K Summary — Year Ended Jan 2, 2026
Leidos Holdings filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, risk factors, management's discussion, and liquidity.
Key takeaway
Year ended Jan 2, 2026 · FY2025 10-K
Leidos Holdings filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, risk factors, management's discussion, and liquidity.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$17.1B
Revenue reported for the fiscal year.
Operating income
$2.1B
Income from operations reported for the year.
Net income
$1.4B
Net income reported for the year.
Operating cash flow
$1.8B
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 30, 2022 | $14.3B | +4.9% |
| Dec 29, 2023 | $15.3B | +7.4% |
| Jan 3, 2025 | $16.6B | +8.1% |
| Jan 2, 2026 | $17.1B | +3.2% |
Business overview
Leidos Holdings operates in the technology and services sector, as described in the business overview section. The company provides solutions in areas such as defense, intelligence, and health. Its business is detailed in Item 1 of the filing.
Financial performance
Revenue increased compared to the prior year, continuing a multi-year growth trend. Operating income and net income were reported, and operating cash flow was positive. The financial results reflect the company's performance for the fiscal year.
Material risks
The filing identifies material risk factors in Item 1A. These risks include uncertainties that could affect the company's operations and financial condition. Readers should refer to the risk factors section for details.
Liquidity and capital
The liquidity and capital resources section discusses the company's cash flows and capital allocation. The filing indicates that operating cash flow supported the company's activities.
What to watch
Monitor the company's revenue growth trajectory in the next filing to assess continued performance.