AI English summary of an SEC filing — figures as filed

Leidos said revenue for the first quarter of fiscal 2026 (the quarter ended April 3, 2026, 3 months) rose to $4,400 million, up 4% from $4,245 million a year earlier, while net income fell to $335 million, or $2.56 per diluted share, from $365 million.

8-KResults of Operations and Financial ConditionFiled May 5, 2026Period of report May 5, 2026Summary published (UTC) Oct 2, 2026

Key points

AI summary

Leidos said revenue for the first quarter of fiscal 2026 (the quarter ended April 3, 2026, 3 months) rose to $4,400 million, up 4% from $4,245 million a year earlier, while net income fell to $335 million, or $2.56 per diluted share, from $365 million.
The company said net income and diluted EPS for Q1 reflected $39 million in costs tied to the acquisition of ENTRUST Solutions Group and the planned joint venture with Analogic Corporation. Excluding these costs, it said non-GAAP diluted EPS was $3.13.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. 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.

Leidos revenue of $4,400 million and net income of $335 million for Q1

Leidos said revenue for the first quarter of fiscal 2026 (the quarter ended April 3, 2026, 3 months) rose to $4,400 million, up 4% from $4,245 million a year earlier, while net income fell to $335 million, or $2.56 per diluted share, from $365 million.

Source · Based on the filing body and exhibits

Entrust acquisition and joint venture costs of $39 million

The company said net income and diluted EPS for Q1 reflected $39 million in costs tied to the acquisition of ENTRUST Solutions Group and the planned joint venture with Analogic Corporation. Excluding these costs, it said non-GAAP diluted EPS was $3.13.

Source · Based on the filing body and exhibits

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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