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Leidos Holdings (LDOS) operating margin by quarter

Leidos Holdings' operating margin was 11.9% in Q3 2026 (third quarter 2026), +0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 11.2% (Q4 2025) to 13.4% (Q2 2025).

Leidos Holdings operating margin by quarterLeidos Holdings operating margin by quarter12.5%Q1 202513.4%Q2 202512.0%Q3 202511.2%Q4 202511.5%Q1 202611.3%Q2 202611.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202611.9%+0.7 pts-0.0 pts
Q2 202611.3%-0.3 pts-2.1 pts
Q1 202611.5%+0.3 pts-0.9 pts
Q4 202511.2%-0.7 pts—
Q3 202512.0%-1.5 pts—
Q2 202513.4%+0.9 pts—
Q1 202512.5%——

Q3 2026 at a glance

Leidos Holdings, Q3 2026: revenue $4.6B (+4% year over year), operating margin 11.9%, net earnings $413M, operating cash flow $523M. The chart follows the revenue to costs, profit and cash.

Questions

What is Leidos Holdings' operating margin?

Leidos Holdings' operating margin was 11.9% in Q3 2026 (third quarter 2026), +0.7 pts from Q2 2026.

How has Leidos Holdings' operating margin changed?

Over the last 7 quarters it ranged from 11.2% (Q4 2025) to 13.4% (Q2 2025).

Q3 2026 results → · How Leidos Holdings makes money →