Leidos said revenue for Q2 2025 was $4,253 million and net income was $393 million, or $3.01 per diluted share, in the 3-month period ended July 4, 2025. Revenue a year earlier was $4,132 million and net income was $324 million.

1. 01

   Leidos said revenue for Q2 2025 was $4,253 million and net income was $393 million, or $3.01 per diluted share, in the 3-month period ended July 4, 2025. Revenue a year earlier was $4,132 million and net income was $324 million.

2. 02

   The company said Adjusted EBITDA for Q2 was $647 million (15.2% margin) and non-GAAP diluted EPS was $3.21. For the same period a year earlier, the figures were $559 million (13.5%) and $2.63, respectively.

3. 03

   Leidos said it generated $486 million of net cash from operating activities in Q2 and free cash flow (non-GAAP) of $457 million. On May 23, 2025, it acquired Kudu Dynamics for preliminary purchase consideration of $291 million, net of $29 million of cash acquired.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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