Leidos Holdings, Inc. reported second fiscal quarter results ending July 3, 2026, with revenues of $4.56 billion, up 7% year-over-year. Net income was $356 million ($2.81 diluted EPS), down from the prior year due to acquisition and restructuring costs. The company raised its full-year fiscal 2026 revenue guidance to $18.20–$18.40 billion and non-GAAP diluted EPS guidance to $12.20–$12.50. Leidos generated $793 million in operating cash flow and returned $127 million to shareholders, including a regular quarterly dividend of $0.43 per share. The company also announced $5 billion in new contract awards during the quarter. Leidos is an industry and technology leader serving government and commercial customers with digital and mission innovations.
