Leidos (LDOS)
Industrials · Government technology services and defense contracting
A $13.8B technology services powerhouse delivering AI-enabled digital modernization, cyber operations, and mission software to the U.S. government and its intelligence, defense, and civilian agencies.
What Leidos does
Leidos is a government and commercial technology services company that provides digital modernization, cyber operations, mission software, space and maritime solutions, energy infrastructure, and managed health services. With 47,000 employees and headquarters in Reston, Virginia, the company generated 87% of fiscal 2025 revenues from U.S. government contracts serving the Department of Defense, Intelligence Community, Department of Homeland Security, and civilian agencies. Its business is organized around five strategic pillars: space and maritime, energy infrastructure, digital modernization and cyber, mission software, and managed health services.
Themes: ["U.S. government contracting","Defense and intelligence","Digital transformation","Cybersecurity","AI-enabled mission software","Health services delivery","Space and maritime","IT infrastructure modernization","National security"]
Fundamentals
- Price$106.62 as of 2026-07-09 close
- Market cap$13.3B as of 2026-07-10
- 1-year return-33.9% as of 2026-07-09 close
- P/E13.04 as of 2026-07-10
- Net margin+8.2% as of 2026-07-10
- Gross margin+17.9% as of 2026-07-10
- ROE+27.2% as of 2026-07-10
- Debt / equity1.26 as of 2026-07-10
- Revenue growth (YoY)+2.3% as of 2026-07-10
- Revenue CAGR (3y)+4.5% SEC XBRL
- Beta0.56 as of 2026-07-10
Dividend: yield +1.6%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy dependence on U.S. government contracts (87% of fiscal 2025 revenues) creates concentration risk and exposure to government budget cycles and policy changes","Rising long-term debt (from $4,628M to $6,014M in first quarter 2026) increases financial leverage and interest expense obligations","Ongoing acquisition integration and restructuring costs (35M in Q1 2026) indicate execution risks from recent M&A activity"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.