← Leidos Holdings, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $10.2b $10.2b $11.0b $11.1b $13.7b $14.4b $15.4b $16.6b $16.7b $17.2b
Cost of Revenue $8.9b $8.7b $9.5b $9.5b $11.7b $12.3b $13.2b $13.9b $13.9b $14.1b
Cost of revenues $8.9b $8.7b — $9.5b $10.6b $12.3b $13.2b — $13.9b $14.1b
Gross Profit (Calculated) (derived) $1.2b $1.5b $1.4b $1.5b $1.9b $2.0b $2.1b $2.7b $2.8b $3.0b
Operating expenses:
Operating Income (Loss) $559.0m $749.0m $912.0m $912.0m $1.2b $1.1b $621.0m $1.8b $1.8b $2.1b
Additional Financial Items
Amortization of Intangible Assets $281.0m $201.0m $173.0m — $228.0m $230.0m $202.0m $147.0m — $130.0m
Foreign Currency Transaction Gain (Loss), before Tax — — — — — ($18.0m) — — — —
Foreign Currency Transaction Gain (Loss), Realized $5.0m $2.0m ($1.0m) — ($1.0m) ($3.0m) — — — —
Goodwill, Impairment Loss — — — — $0 $0 — — — —
Income (Loss) from Continuing Operations, Per Basic Share $2 — — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $2 — — — — — — — — —
Income (Loss) from Equity Method Investments $13.0m $18.0m $18.0m — $20.0m $12.0m $30.0m $39.0m — $32.0m
Interest Income, Other $8.0m — — — — — — — — —
Lease Income — — $32.0m — $60.0m $57.0m $58.0m $46.0m — $34.0m
Operating Lease, Lease Income — — $28.0m — $32.0m $35.0m $39.0m $26.0m — $21.0m
Sales-type Lease, Selling Profit (Loss) — — ($2.0m) — $20.0m $13.0m $10.0m $15.0m — $11.0m
Goodwill impairment charges — — — — $0 $0 $596.0m — $0 $0
Asset impairment charges $0 $7.0m — $0 $12.0m $40.0m $91.0m — $11.0m $5.0m
Equity earnings of non-consolidated subsidiaries ($13.0m) ($18.0m) — ($18.0m) ($14.0m) ($12.0m) ($30.0m) — ($39.0m) ($32.0m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $393.0m $610.0m $866.0m — $967.0m $886.0m $403.0m $1.6b — $1.9b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $364.0m — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — —
Investment Income, Net — $7.0m $14.0m — $1.0m — — — — —
Income before income taxes $393.0m $610.0m — $866.0m $781.0m $886.0m $403.0m — $1.6b $1.9b
Less: net income (loss) attributable to non-controlling interest ($2.0m) $1.0m — $3.0m $1.0m $8.0m $9.0m — ($3.0m) $14.0m
Net Income (Loss) Attributable to Parent $366.0m $581.0m $667.0m $667.0m $753.0m $685.0m $199.0m $1.3b $1.3b $1.4b
Net Income (Loss) Available to Common Stockholders, Basic $366.0m $581.0m — $667.0m $628.0m $685.0m $199.0m — $1.3b $1.4b
Net Income (Loss) Attributable to Noncontrolling Interest ($2.0m) $1.0m $3.0m — $6.0m $8.0m $9.0m ($3.0m) — $14.0m
Earnings Per Share, Basic $2.41 $3.85 $4.66 $4.66 $5.34 $5.00 $1.45 $9.36 $9.36 $11.31
Earnings Per Share, Diluted $2.38 $3.80 $4.60 $4.60 $5.27 $4.96 $1.44 $9.22 $9.22 $11.14
Common Stock, Dividends, Per Share, Declared $1.28 $1.28 $1.32 $4.66 $1.40 $1.44 $1.46 $1.54 $9.36 $1.63
Weighted Average Number of Shares Outstanding, Basic 152.0m 151.0m 143.0m — 141.0m 137.0m 137.0m 134.0m — 128.0m
Weighted Average Number of Shares Outstanding, Diluted 154.0m 153.0m 145.0m — 143.0m 138.0m 138.0m 136.0m — 130.0m
Research and Development Expense $42.0m $46.0m $49.0m — $109.0m $116.0m $128.0m $150.0m — $187.0m
Selling, General and Administrative Expense $552.0m $729.0m $689.0m — $860.0m $950.0m $942.0m $983.0m — $999.0m
Selling, general and administrative expenses $552.0m $729.0m — $689.0m $770.0m $950.0m $942.0m — $983.0m $999.0m
Other Nonoperating Income (Expense) ($26.0m) ($1.0m) $87.0m — ($1.0m) ($3.0m) ($6.0m) $5.0m — $3.0m
Business Combination, Acquisition Related Costs $24.0m — — — — — — — — —
Restructuring Costs — — — — — — — — — —
Acquisition, integration and restructuring costs $139.0m $37.0m — $5.0m $39.0m $17.0m $24.0m — $16.0m $18.0m
Other income (expense), net ($26.0m) ($1.0m) — $87.0m ($38.0m) ($3.0m) ($6.0m) — $5.0m $3.0m
Interest Expense $148.0m $145.0m $147.0m — $185.0m — — — — —
Interest expense, net ($140.0m) ($138.0m) — ($133.0m) ($179.0m) ($199.0m) ($212.0m) — ($193.0m) ($203.0m)
Income tax expense ($29.0m) ($28.0m) — ($196.0m) ($152.0m) ($193.0m) ($195.0m) — ($388.0m) ($447.0m)
Interest Income (Expense), Net — ($138.0m) ($133.0m) — ($184.0m) ($199.0m) ($212.0m) ($193.0m) — ($203.0m)
Interest Income (Expense), Nonoperating, Net — — — — — — — ($193.0m) — ($203.0m)
Income Tax Expense (Benefit) $29.0m $28.0m $196.0m — $208.0m $193.0m $195.0m $388.0m — $447.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.