Leidos Holdings, Inc.

Leidos Holdings, Inc.

LDOSEnterprise Platform

Key figures

Data as of Jul 2026 · Pills compare vs Apr 2026
ARR Multiple
0.8x
+0.0x
ARR
$18.2B
+3.6%
YoY Growth
7.2%
+3.5pp
Market Cap
$15.0B
+3.5%
Revenue (Q)
$4.6B
+3.6%
Gross Margin
17.9%
+0.6pp
Op. Margin
11.3%
-0.3pp
Rule of 40
18.5
+3.8
Magic Number
2.83
-0.07

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data. Market cap & ARR multiple use the close of 13 Oct 2026; their pills compare vs the Jul 2026 quarter-end (0.8x).

Valuation by quarter

Current ARR Multiple: 0.8x

Calculated valuation

FRAMEWORK EST.
Valuation data is not available for this company.

Strategy recommendations

Levers ranked by valuation impact
No recommendations for this company.
AI Replacement RiskMODERATE
23/ 100
LowModerateElevatedHigh

Estimated likelihood that general-purpose AI replaces this product.

Open AI Risk Calculator →

Why this rating

From the AI Risk Calculator model

Structural moats (regulation, integration depth, or proprietary data) make AI-only replacement unlikely in the near term.

What's driving the score
Workflow automationCategory baseline
mid base
Workflow complexity5/5
-12 risk
Data moat3/5
-1 risk
Integration depthHigh
-10 risk
SegmentEnterprise
-8 risk
IndustryOther
neutral
Own AI integration2/5
+1.6 risk

Entity information

Industry7373: Services-Computer Integrated Systems Design
Fiscal YearJan 1
Phone(571) 526-6000
Address1750 PRESIDENTS STREET, RESTON, VA, 20190
Mailing address1750 PRESIDENTS STREET, RESTON, VA, 20190
EIN20-3562868
Entity typeoperating
SEC industry framework06 Technology
Former namesSAIC, Inc. (to 2013-09-27)

SaaS KPIs

Reported in at least 3 quarters

Net bookings

22 quarters
$4.90B
Q2 FY2027+48.5%

Adjusted EBITDA margin

21 quarters
13.8%
Q2 FY2027-0.2pp

Book-to-bill ratio

20 quarters
1.1
Q2 FY2027+37.5%

Adjusted EBITDA

19 quarters
$631.0M
Q2 FY2027+2.8%

Funded backlog

17 quarters
$10.20B
Q2 FY2027+6.3%

Backlog

16 quarters
$48.40B
Q1 FY2027-1.2%

Guidance

Q2 FY2027 earnings report →

Management outlook

Given with Q2 FY2027 results (Jul 2026)
FY26
Revenues$18.20B - $18.40B
Adjusted EBITDA MarginMid 13%
Non-GAAP Diluted EPS$12.20 - $12.50
Cash Flows Provided by Operating ActivitiesApproximately $1.85B

Quarterly financials

Earnings reports (22) →

Left axis in $ (Revenue, Gross profit, Net income, S&M); right axis for ratios (Rule of 40, Magic number). Click a legend item to toggle it.

Recent news

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