Leidos posts Q3 profit beat, raises FY‑2026 EPS outlook while trimming revenue forecast
Leidos Holdings reported third‑quarter fiscal 2026 earnings, delivering net profit of $413 million and adjusted EBITDA of $644 million. Revenue for the quarter was $4.63 billion, a modest increase from a year earlier. The company lifted its full‑year adjusted EPS guidance to a range of $12.50‑$12.70, but cut its FY‑2026 sales outlook to $18.0‑$18.2 billion, citing the impact of a joint‑venture transaction. New contracts worth $717 million with the Air Force and $672 million with the TSA were also announced.
Why it matters
The higher EPS guidance suggests stronger profitability and may support the stock price, while the lower revenue target signals slower top‑line growth, affecting revenue‑based valuation models. Investors should adjust forecasts for FY‑2026 earnings and cash‑flow expectations accordingly (company guidance).
Key facts
- 1Quarterly revenue was $4.63 billion, a 4 % increase versus the same quarter last year. prnewswire.com
- 2Net income for the quarter totaled $413 million. prnewswire.com
- 3Adjusted EBITDA reached $644 million. prnewswire.com
- 4Adjusted diluted EPS grew 19 % year‑over‑year to $3.62. prnewswire.com
- 5Full‑year FY‑2026 adjusted EPS guidance was raised to $12.50‑$12.70 per share. tradingview.com
- 6FY‑2026 sales guidance was lowered to $18.0‑$18.2 billion. scanx.trade
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.