Leidos Holdings Inc ( (LDOS) ) has released its Q1 earnings. Here is a breakdown of the information Leidos Holdings Inc presented to its investors.
Leidos Holdings Inc., a leader in technology and solutions for government and commercial clients, has reported strong financial results for the first quarter of 2025, showcasing its robust performance in the defense and technology sectors. The company, headquartered in Reston, Virginia, continues to innovate in areas such as cybersecurity and managed health services.
In the first quarter of 2025, Leidos reported revenues of $4.2 billion, marking a 7% increase from the previous year. The company’s net income rose to $365 million, or $2.77 per diluted share, reflecting a 29% increase year-over-year. Leidos also reported a significant rise in its adjusted EBITDA, which reached $601 million, up 23% from the prior year, with a margin of 14.2%.
Key drivers of Leidos’ financial success include increased demand across its customer segments and improved execution in its managed health services programs. The company also announced several strategic contracts, including a $205 million task order with the Defense Threat Reduction Agency and a $150 million task order with the Naval Surface Warfare Center. Additionally, Leidos is expanding its capabilities in cybersecurity through a pending acquisition.
Looking ahead, Leidos has reaffirmed its full-year guidance for 2025, projecting revenues between $16.9 billion and $17.3 billion, with an adjusted EBITDA margin in the mid to high 12% range. The company remains optimistic about its strategic direction and growth opportunities, driven by its NorthStar 2030 Strategy and continued investments in technology and innovation.