Leidos Posts Record $4.56B Quarter
23 sources · first reported 2d ago
Leidos reported a 7% increase in revenue to $4.56 billion in Q2 2026, with net bookings of $4.9 billion and a funded backlog up 44% year over year. The company raised its full-year revenue and earnings guidance. Leidos' defense business drove the growth, with a book-to-bill ratio of 2.2.
Why it matters
Leidos' strong Q2 performance and raised guidance indicate a positive outlook for the company's defense business, which could have implications for the broader defense industry.
Independent Media 23
Single-source: Independent Media
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How this story unfolded across sources, oldest first.