Leidos Holdings, Inc. (LDOS)

Leidos Holdings beat expectations on both revenue and adjusted EPS in the second fiscal quarter of 2026, reported Aug. 4, as revenue rose 7% to about $4.6 billion and adjusted EPS of $3.26 topped the $2.91 estimate by 12%. Revenue was up from about $4.3 billion a year earlier, while net income came in at about $356 million, down 9% from roughly $391 million. The United States remained the largest segment at about $4.1 billion, up 6%, and gross profit reached about $817 million with gross margin near 18%; operating income was about $507 million, leaving operating margin around 11%. Operating cash flow came in at $793 million, and the company repurchased $72 million of stock while paying $55 million in dividends. Consensus for the next period calls for EPS of $3.17 on revenue of $4.71 billion.