Description
(AWP Alliance News) - Leidos' third-quarter FY26 diluted earnings rose 16% year-over-year to USD 3.28 per share, while revenues increased to USD 4.63 billion. Operating cash flow fell 26% to USD 523 million, while funded backlog climbed 22% to USD 11.1 billion.
The group completed the contribution of its Security Enterprise Solutions and Industrial Automation businesses to a joint venture with Altaris on October 5. FY26 revenues guidance was lowered to USD 18 billion USD 18.2 billion, incorporating the joint venture, year-to-date performance and current outlook.
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Disclaimer: This news brief was created using generative artificial intelligence. Leidos Holdings Inc. published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.