Leidos Q2 2025: Equity Shifts Signal Ongoing Operations

TL;DR

**Leidos's Q2 equity movements are a green light, showing consistent capital management and profit retention.**

AI Summary

Leidos Holdings, Inc. reported its Q2 2025 results for the period ending July 4, 2025. The company's financial statements indicate changes in equity components, with Common Stock, Additional Paid-In Capital, Retained Earnings, and Accumulated Other Comprehensive Income all showing movements. Specifically, Retained Earnings for the parent company increased from January 4, 2025, to July 4, 2025, reflecting net income generation. Noncontrolling interest also saw changes during the reporting periods. While specific revenue and net income dollar amounts are not provided in the excerpt, the consistent reporting of equity changes across different periods (Q1 2025, Q2 2025, and comparative 2024 periods) suggests ongoing operational activity. The filing highlights the company's structure with both parent and noncontrolling interests, indicating potential joint ventures or subsidiaries. The strategic outlook remains focused on managing its capital structure and shareholder equity.

Why It Matters

This filing provides a snapshot of Leidos's capital structure, which is crucial for investors to assess financial health and future growth potential. Changes in retained earnings directly impact shareholder value and dividend capacity. For employees, a stable capital structure ensures job security and potential for growth within the company. In the competitive government contracting space, a strong balance sheet allows Leidos to bid on larger projects and maintain its market position against rivals like Booz Allen Hamilton. The broader market views these equity movements as indicators of a company's ability to generate and retain profits.

Risk Assessment

Risk Level: low — The risk level is low because the provided data primarily details changes in equity accounts, which are standard financial reporting elements. There are no explicit mentions of significant liabilities, operational losses, or adverse events that would indicate elevated risk. The consistent reporting across periods suggests stable financial management.

Analyst Insight

Investors should monitor Leidos's full income statement and cash flow statement to understand the drivers behind these equity changes. A deeper dive into revenue growth and net income figures will provide a clearer picture of operational performance and future investment potential.

Key Numbers

• 2025-07-04 — Conformed Period of Report End Date (End date for the Q2 2025 reporting period)
• 2025-08-05 — Filed As Of Date (Date the 10-Q was filed with the SEC)
• 001-33072 — SEC File Number (Unique identifier for Leidos's SEC filings)
• 1750 Presidents Street — Business Address Street (Primary street address for Leidos Holdings, Inc.)
• 571-526-6000 — Business Phone (Main contact number for Leidos Holdings, Inc.)

Key Players & Entities

• Leidos Holdings, Inc. (company) — filer of the 10-Q
• SAIC, Inc. (company) — former company name of Leidos
• 06 Technology (company) — organization name associated with the filing
• Reston (location) — city of Leidos's business address
• VA (location) — state of Leidos's business address
• Bloomberg (company) — publisher of the analysis
• SEC (regulator) — regulator for 10-Q filings
• Booz Allen Hamilton (company) — competitor in the government contracting space

FAQ

Industry Context

Leidos Holdings operates within the computer integrated systems design industry, a sector characterized by its reliance on government procurement, particularly in defense, intelligence, and civil sectors. The industry is highly competitive, with major players vying for large-scale contracts. Trends include increasing demand for advanced technology solutions, cybersecurity, and data analytics, driven by evolving geopolitical landscapes and digital transformation initiatives.

Regulatory Implications

As a significant government contractor, Leidos is subject to stringent regulatory oversight, including compliance with procurement regulations, cybersecurity standards, and data privacy laws. Changes in government spending priorities or new regulatory requirements could impact contract awards and operational costs. Maintaining compliance is critical to avoid penalties and ensure continued business.

What Investors Should Do

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Key Dates

• 2025-07-04: Quarterly Report End Date — Marks the end of the second fiscal quarter of 2025, providing a snapshot of the company's financial position and performance for that period.
• 2025-08-05: 10-Q Filing Date — Indicates when the company officially submitted its quarterly financial report to the SEC, making the detailed financial information publicly available.
• 2025-01-04: Beginning of Q2 2025 reporting period — Represents the start date for the period covered by the Q2 2025 financial statements.
• 2024-06-28: End of Q2 2024 reporting period — Marks the end of the second fiscal quarter of 2024, serving as a comparative period for the Q2 2025 results.
• 2023-12-29: Beginning of Q1 2024 reporting period — Represents the start date for the period covered by the Q1 2024 financial statements, used for comparative analysis.
• 2025-07-04: End of Q2 2025 reporting period — Marks the end of the second fiscal quarter of 2025, providing a snapshot of the company's financial position and performance for that period.

Glossary

Retained Earnings

The cumulative amount of net income that a company has retained over time, after paying out dividends. (An increase in retained earnings from January 4, 2025, to July 4, 2025, indicates that Leidos generated net income during this period.)

Noncontrolling Interest

The portion of equity in a subsidiary that is not attributable to the parent company. (Changes in noncontrolling interest suggest activity in subsidiaries or joint ventures, impacting the consolidated financial statements.)

Common Stock

Represents ownership in a corporation and entitles the shareholder to voting rights and potential dividends. (Tracking changes in common stock can indicate share issuances or repurchases, affecting the company's capital structure.)

Additional Paid-In Capital

The amount of capital contributed by investors in excess of the par value of the stock. (Fluctuations in this account can reflect stock option exercises or other equity transactions.)

Accumulated Other Comprehensive Income

A component of equity that includes unrealized gains and losses that are not reported in the income statement. (Changes here can reflect foreign currency translation adjustments or changes in the value of certain investments.)

Parent

Refers to the controlling entity within a group of companies, typically the ultimate holding company. (Distinguishes the equity attributable to the parent company from that of its subsidiaries or noncontrolling interests.)

Year-Over-Year Comparison

The provided excerpt focuses on equity movements and does not contain direct comparative financial figures (revenue, net income, margins) for the prior year's comparable period. However, the consistent reporting of equity components like Common Stock, Additional Paid-In Capital, Retained Earnings, and Accumulated Other Comprehensive Income across multiple periods (Q2 2025, Q1 2025, and 2024 periods) suggests ongoing financial operations and capital management. The presence of 'Noncontrolling Interest' also indicates a consistent corporate structure involving subsidiaries or joint ventures.

From the Filing

0001336920-25-000034.txt : 20250805 0001336920-25-000034.hdr.sgml : 20250805 20250805112704 ACCESSION NUMBER: 0001336920-25-000034 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20250704 FILED AS OF DATE: 20250805 DATE AS OF CHANGE: 20250805 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Leidos Holdings, Inc. CENTRAL INDEX KEY: 0001336920 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] ORGANIZATION NAME: 06 Technology EIN: 203562868 FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33072 FILM NUMBER: 251183510 BUSINESS ADDRESS: STREET 1: 1750 PRESIDENTS STREET CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 571-526-6000 MAIL ADDRESS: STREET 1: 1750 PRESIDENTS STREET CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: SAIC, Inc. DATE OF NAME CHANGE: 20050823 10-Q 1 ldos-20250704.htm 10-Q ldos-20250704 false 2025 Q2 0001336920 1/2 http://fasb.org/us-gaap/2025#OtherAssetsNoncurrent http://fasb.org/us-gaap/2025#OtherAssetsNoncurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure ldos:employee ldos:extension ldos:government_procurement 0001336920 2025-01-04 2025-07-04 0001336920 2025-07-29 0001336920 2025-07-04 0001336920 2025-01-03 0001336920 2025-04-05 2025-07-04 0001336920 2024-03-30 2024-06-28 0001336920 2023-12-30 2024-06-28 0001336920 us-gaap:CommonStockMember 2025-01-03 0001336920 us-gaap:AdditionalPaidInCapitalMember 2025-01-03 0001336920 us-gaap:RetainedEarningsMember 2025-01-03 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-03 0001336920 us-gaap:ParentMember 2025-01-03 0001336920 us-gaap:NoncontrollingInterestMember 2025-01-03 0001336920 us-gaap:RetainedEarningsMember 2025-01-04 2025-04-04 0001336920 us-gaap:ParentMember 2025-01-04 2025-04-04 0001336920 us-gaap:NoncontrollingInterestMember 2025-01-04 2025-04-04 0001336920 2025-01-04 2025-04-04 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-04 2025-04-04 0001336920 us-gaap:CommonStockMember 2025-01-04 2025-04-04 0001336920 us-gaap:AdditionalPaidInCapitalMember 2025-01-04 2025-04-04 0001336920 us-gaap:CommonStockMember 2025-04-04 0001336920 us-gaap:AdditionalPaidInCapitalMember 2025-04-04 0001336920 us-gaap:RetainedEarningsMember 2025-04-04 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-04-04 0001336920 us-gaap:ParentMember 2025-04-04 0001336920 us-gaap:NoncontrollingInterestMember 2025-04-04 0001336920 2025-04-04 0001336920 us-gaap:RetainedEarningsMember 2025-04-05 2025-07-04 0001336920 us-gaap:ParentMember 2025-04-05 2025-07-04 0001336920 us-gaap:NoncontrollingInterestMember 2025-04-05 2025-07-04 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-04-05 2025-07-04 0001336920 us-gaap:AdditionalPaidInCapitalMember 2025-04-05 2025-07-04 0001336920 us-gaap:CommonStockMember 2025-04-05 2025-07-04 0001336920 us-gaap:CommonStockMember 2025-07-04 0001336920 us-gaap:AdditionalPaidInCapitalMember 2025-07-04 0001336920 us-gaap:RetainedEarningsMember 2025-07-04 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-07-04 0001336920 us-gaap:ParentMember 2025-07-04 0001336920 us-gaap:NoncontrollingInterestMember 2025-07-04 0001336920 us-gaap:CommonStockMember 2023-12-29 0001336920 us-gaap:AdditionalPaidInCapitalMember 2023-12-29 0001336920 us-gaap:RetainedEarningsMember 2023-12-29 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-29 0001336920 us-gaap:ParentMember 2023-12-29 0001336920 us-gaap:NoncontrollingInterestMember 2023-12-29 0001336920 2023-12-29 0001336920 us-gaap:RetainedEarningsMember 2023-12-30 2024-03-29 0001336920 us-gaap:ParentMember 2023-12-30 2024-03-29 0001336920 us-gaap:NoncontrollingInterestMember 2023-12-30 2024-03-29 0001336920 2023-12-30 2024-03-29 0001336920 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-30 2024-03-29 0001336920 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 2024-03-29 000133