Leidos (LDOS) reported second-quarter fiscal 2026 revenue of $4.56 billion, up 7% from a year earlier. Net income was $356 million, or $2.81 per diluted share, compared with $393 million, or $3.01 per diluted share, in the prior-year quarter.
The company raised its fiscal 2026 guidance, now projecting revenue of $18.20 billion to $18.40 billion. Leidos also reported $4.9 billion in quarterly net bookings and backlog of $48.7 billion at quarter end.
- Second-quarter revenue was $4.56 billion, including 4% organic growth.
- Net income margin was 7.8%, compared with 9.2% in the second quarter of 2025.
- Cash flow from operations was $793 million, and free cash flow was $761 million.
- Quarterly net bookings were $4.9 billion, with a book-to-bill ratio of 1.1.
- Backlog totaled $48.7 billion, including $10.2 billion funded.
- Fiscal 2026 revenue guidance increased to $18.20 billion to $18.40 billion from $18.00 billion to $18.40 billion.
$LDOS Insider Trading Activity
$LDOS insiders have traded $LDOS stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $LDOS stock by insiders over the last 6 months:
- ELIZABETH A PORTER (Sector President) has made 0 purchases and 2 sales selling 2,000 shares for an estimated $317,555.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LDOS Hedge Fund Activity
We have seen 360 institutional investors add shares of $LDOS stock to their portfolio, and 494 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIAMANT ASSET MANAGEMENT, INC. removed 4,130,322 shares (-99.4%) from their portfolio in Q2 2026, for an estimated $425,299,256
- FIRST TRUST ADVISORS LP removed 1,152,978 shares (-41.9%) from their portfolio in Q1 2026, for an estimated $179,311,138
- SG AMERICAS SECURITIES, LLC added 997,807 shares (+998.6%) to their portfolio in Q1 2026, for an estimated $155,178,944
- FMR LLC removed 949,765 shares (-30.2%) from their portfolio in Q1 2026, for an estimated $147,707,452
- BLACKROCK, INC. removed 838,482 shares (-8.1%) from their portfolio in Q1 2026, for an estimated $130,400,720
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 565,138 shares (+45.5%) to their portfolio in Q1 2026, for an estimated $87,890,261
- CLARK CAPITAL MANAGEMENT GROUP, INC. removed 437,636 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $68,061,150
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$LDOS Congressional Stock Trading
Members of Congress have traded $LDOS stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LDOS stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG sold up to $50,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
