---
schema_version: "secwatch.filing_event.v1"
accession: "0001336920-25-000012"
form_type: "8-K"
ticker: "LDOS"
cik: "0001336920"
company_name: "Leidos Holdings, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T11:15:54.349926+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leidos Q1 revenue $4.245B (+7% YoY), non-GAAP EPS $2.97 (+30%), reaffirms guidance

## Summary
- Net income $365M ($2.77 diluted EPS); non-GAAP EPS $2.97, up 30% YoY.
- Adjusted EBITDA $601M (14.2% margin) vs $490M (12.3%) a year ago.
- Cash from ops $58M; free cash flow $36M; $500M accelerated share repurchase announced.
- Backlog policy revised to include unfunded sole-source IDIQ task orders; recast backlog $48.4B at Jan 3, 2025.
- Pending acquisition to bolster full-spectrum cyber capabilities; full-year FY2025 guidance reaffirmed.

## SEC filing metadata
- accession: 0001336920-25-000012
- form_type: 8-K
- ticker: LDOS
- cik: 0001336920
- company_name: Leidos Holdings, Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336920/000133692025000012/0001336920-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336920/000133692025000012/ldos-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336920-25-000012
- JSON: https://secwatch.observer/filing/0001336920-25-000012.json
- Plain text: https://secwatch.observer/filing/0001336920-25-000012.txt

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