Leidos Q4 revenue falls 4% to $4.2 billion as diluted EPS rises 19% to $2.53
Leidos reported fourth-quarter revenue of $4.2 billion, down 4% year over year, while diluted EPS rose 19% to $2.53, which the company attributed to the six-week government shutdown and the prior-year extra work week. For fiscal 2025, revenue grew 3% to $17.2 billion and diluted EPS rose 21% to $11.14, and Leidos issued fiscal 2026 guidance calling for revenue of $17.5 billion to $17.9 billion and non-GAAP diluted EPS of $12.05 to $12.45. The company also agreed to acquire power design firm Entrust for $2.4 billion, expected to close in the first half of fiscal 2026.
Key points
- Q4 revenue $4.2 billion, down 4%; Q4 net income $335 million, up 19%
- FY2025 revenue $17.2 billion, up 3%; FY2025 diluted EPS $11.14, up 21%
- FY2026 guidance: revenue $17.5 billion to $17.9 billion; non-GAAP diluted EPS $12.05 to $12.45
- Entrust acquisition for $2.4 billion, subject to customary adjustments; expected close in first half of fiscal 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 17, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.