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Leidos quarterly revenue rises 3.6% to $4.63 billion

Leidos' revenue growth is slowing. Results for the quarter ended October 2, 2026, from the earnings release filed with the SEC on Nov 3, 2026.

Octans ResearchPublished

Snapshot

Leidos' revenue growth is slowing: revenue rose 3.6% to $4.63 billion in the quarter ended October 2, 2026, from $4.47 billion a year earlier, after 7.2% year over year growth the quarter before.

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Market Data

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Company1D %Price
($LDOS)▲ +0.10%135.81

as of 16:00 ET · Realtime derived data

What We Know

Revenue for the quarter ended October 2, 2026 was $4.63 billion, versus $4.47 billion in the same quarter a year earlier, up 3.6%. That is its highest quarterly revenue of the last eight quarters. Diluted earnings per share was $3.28, up from $2.82.

Bar chart: Leidos: revenue, last eight quarters. US$ billions by fiscal quarter end, as of Nov 3, 2026. Jan 2025 4.37; Apr 2025 4.25; Jul 2025 4.25; Oct 2025 4.47; Jan 2026 4.21; Apr 2026 4.4; Jul 2026 4.56; Oct 2026 4.63. Latest quarter $4.63B, Up 3.6% vs a year earlier.
Source: SEC EDGAR (earnings release and XBRL financial data)

Quarterly revenue by fiscal quarter end, oldest first: Jan 2025: $4.37 billion; Apr 2025: $4.25 billion; Jul 2025: $4.25 billion; Oct 2025: $4.47 billion; Jan 2026: $4.21 billion; Apr 2026: $4.40 billion; Jul 2026: $4.56 billion; Oct 2026: $4.63 billion.

Octans View

Year over year revenue change by quarter, computed from the filed figures: Jan 2026 down 3.6%; Apr 2026 up 3.7%; Jul 2026 up 7.2%; Oct 2026 up 3.6%. On those figures, Leidos' revenue growth is slowing. That read compares the latest two year over year growth rates and nothing else.

Bear Case · Room for Disagreement

This brief covers reported revenue and diluted earnings per share only. It does not cover guidance, margins, segment results, cash flow or the earnings call, and it makes no forecast. Revenue is the total on the release line we matched; a company's own adjusted measures can differ.

Method and source. Octans Research matched the revenue line in the earnings release (Exhibit 99.1) to the year ago quarter the company reported in its own XBRL financial data; the two must agree before anything is published. The quarterly history comes from the same XBRL data. The text is generated from those verified figures by a fixed template; no model wrote it.

Chart

$LDOS adjusted close, last 6 months $LDOS adjusted close, last 6 months: series rising from 127 to 136 (+7.1%) from 2026-05-11 to 2026-11-05. Scale 90 to 150. 90100110120130140150 2026-05-112026-11-05 $LDOS ADJUSTED CLOSE, LAST 6 MONTHS +7.1% 135.8
Source: Tiingo · As of 2026-11-05Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Leidos earnings release for the quarter ended October 2, 2026 (Exhibit 99.1), filed Nov 3, 2026
  2. [2]SEC EDGAR — Leidos XBRL financial data (company facts)

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$4.63B

Revenue for the quarter ended October 2, 2026 was $4.63 billion, versus $4.47 billion in the sa… · What we know

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