LD
LDOS
Quarter ended Mar 29, 2024 · FY2024 Q1

Leidos Holdings (LDOS) Revenue — Quarter Ended Mar 29, 2024

Revenue increased compared to the same quarter last year, but remained level with the prior quarter. The trailing twelve-month revenue also showed growth.

Key takeaway

Quarter ended Mar 29, 2024 · FY2024 Q1

Revenue increased compared to the same quarter last year, but remained level with the prior quarter. The trailing twelve-month revenue also showed growth.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$4B

Revenue reported for this quarter.

Quarter-over-quarter

+0.0%

Change from the immediately preceding quarter.

Year-over-year

+7.4%

Change from the comparable year-ago quarter.

Trailing four quarters

$15.6B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2023$3.8B+6.9%
Sep 29, 2023$3.9B+8.9%
Dec 29, 2023$4B+7.8%
Mar 29, 2024$4B+7.4%

Revenue performance

The reported revenue grew relative to the same period a year earlier, reflecting ongoing demand. Sequentially, revenue was unchanged from the preceding quarter.

Quarterly comparison

Compared to the immediately preceding quarter, revenue was flat, while the year-ago quarter saw a lower figure. The trailing twelve-month revenue was higher than the current quarter's annualized rate.

What to watch

Future quarters will indicate whether revenue growth resumes sequentially or if the current plateau persists.