Leidos Reports Strong Third Quarter 2024 Results and Raises Full-Year Guidance

 

LEIDOS HOLDINGS, INC.

UNAUDITED SEGMENT OPERATING RESULTS

(in millions)




Three Months Ended


Nine Months Ended



September 27,
2024


September 29,
2023


September 27,
2024


September 29,
2023

Revenues:









National Security & Digital


$     1,865


$     1,852


$       5,471


$       5,400

Health & Civil


1,225


1,055


3,687


3,097

Commercial & International


578


552


1,648


1,588

Defense Systems


522


462


1,491


1,373

Total


$     4,190


$     3,921


$      12,297


$      11,458










Operating income (loss):









National Security & Digital


$        187


$        170


$          545


$          487

Health & Civil


287


165


816


412

Commercial & International


41


(646)


64


(599)

Defense Systems


37


3


92


47

Corporate


(36)


(28)


(111)


(87)

Total


$        516


$      (336)


$       1,406


$          260










Operating income (loss) margin:









National Security & Digital


10.0 %


9.2 %


10.0 %


9.0 %

Health & Civil


23.4 %


15.6 %


22.1 %


13.3 %

Commercial & International


7.1 %


(117.0) %


3.9 %


(37.7) %

Defense Systems


7.1 %


0.6 %


6.2 %


3.4 %

Total


12.3 %


(8.6) %


11.4 %


2.3 %


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