---
schema_version: "secwatch.filing_event.v1"
accession: "0001336920-24-000034"
form_type: "8-K"
ticker: "LDOS"
cik: "0001336920"
company_name: "Leidos Holdings, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:12:19.399975+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Leidos Q1 revenue $4.0B (+7% YoY), net income $283M; raises full-year guidance

## Summary
- Revenue $4.0B, up 7% YoY; net income $283M ($2.07 diluted EPS) vs $164M ($1.17).
- Non-GAAP diluted EPS $2.29 (+56% YoY); adjusted EBITDA $490M (12.3% margin).
- Net bookings $3.7B; book-to-bill 0.9 for quarter, 1.1 on trailing twelve months.
- Cash from ops $63M, free cash flow $46M; strong start to fiscal year.
- Raises full-year guidance on all metrics citing visibility and performance ahead of plan.

## SEC filing metadata
- accession: 0001336920-24-000034
- form_type: 8-K
- ticker: LDOS
- cik: 0001336920
- company_name: Leidos Holdings, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336920/000133692024000034/0001336920-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336920/000133692024000034/ldos-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336920-24-000034
- JSON: https://secwatch.observer/filing/0001336920-24-000034.json
- Plain text: https://secwatch.observer/filing/0001336920-24-000034.txt

## Key facts
- Earnings Releases
  Leidos Holdings, Inc. reported first fiscal quarter ended March 29, 2024 results: revenue $4.0 billion, net income $283 million, EPS $2.07 per diluted share. Guidance raised.
  - Period: first fiscal quarter ended March 29, 2024
  - Revenue: $4.0 billion
  - Net income: $283 million
  - EPS: $2.07 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Leidos Holdings, Inc. Reports First Quarter Fiscal Year 2024 Results • Revenues of $4.0 billion , up 7% year-over-year • Net income of $283 million or $2.07 per diluted share • Adjusted EBITDA (non-GAAP) of $490 million (12.3% margin) • Non-GAAP Dilut ed Earnings per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1336920/000133692024000034/0001336920-24-000034-index.htm

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