---
schema_version: "secwatch.filing_event.v1"
accession: "0001336920-22-000058"
form_type: "8-K"
ticker: "LDOS"
cik: "0001336920"
company_name: "Leidos Holdings, Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:36:04.559873+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leidos Q3 revenue up 4% to $3.6B; EPS $1.17 vs $1.43 YoY; record cash flow

## Summary
- Revenue $3.6B, up 4% YoY; net income $164M ($1.17 diluted EPS) vs $208M ($1.43) prior year.
- Non-GAAP diluted EPS $1.59, down from $1.80; adjusted EBITDA $372M vs $403M.
- Record cash from operations $748M; free cash flow $721M.
- Net bookings $4.1B, book-to-bill ratio 1.1.
- Improved full-year 2022 revenue outlook cited.

## SEC filing metadata
- accession: 0001336920-22-000058
- form_type: 8-K
- ticker: LDOS
- cik: 0001336920
- company_name: Leidos Holdings, Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336920/000133692022000058/0001336920-22-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336920/000133692022000058/ldos-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336920-22-000058
- JSON: https://secwatch.observer/filing/0001336920-22-000058.json
- Plain text: https://secwatch.observer/filing/0001336920-22-000058.txt

## Key facts
- Earnings Releases
  Leidos Holdings, Inc. reported third fiscal quarter ended September 30, 2022 results: revenue $3.6 billion, net income $164 million, EPS $1.17. Guidance raised.
  - Period: third fiscal quarter ended September 30, 2022
  - Revenue: $3.6 billion
  - Net income: $164 million
  - EPS: $1.17
  - Guidance: raised
  - Result: reported results
  source text: Leidos Holdings, Inc. Reports Third Quarter Fiscal Year 2022 Results • Revenues of $3.6 billion, up 4% year-over-year • Net Income of $164 million; Adjusted EBITDA of $372 million • Diluted Earnings per Share of $1.17, or $1.59 on a non-GAAP basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336920/000133692022000058/0001336920-22-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.