{
  "url": "https://struct.news/briefs/leidos-grew-sales-72-debt-and-a-pension-buyout-cut-into-profit",
  "title": "Leidos grew sales 7.2%. Debt and a pension buyout cut into profit",
  "summary": "A $23 million pension settlement loss helped push operating margin down 2.1 percentage points in the latest three months.",
  "published_at": "2026-08-04T15:41:21.753531+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Leidos Holdings, Inc.",
    "ticker": "LDOS",
    "cik": "1336920",
    "sector": "Technology",
    "industry": "Information Technology Services"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-04",
    "accession": "0001336920-26-000246",
    "url": "https://www.sec.gov/Archives/edgar/data/1336920/000133692026000246/ldos-20260703.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1336920/000133692025000034/ldos-20250704.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 17107000000,
      "display": "$17.1B",
      "unit": "usd",
      "period": "2026-01-02",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001336920-26-000246",
        "filing_date": "2026-08-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 3.203426640926632,
      "display": "+3.2%",
      "unit": "percent",
      "period": "2026-01-02",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001336920-26-000246",
        "filing_date": "2026-08-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 12.328286666276963,
      "display": "+12.3%",
      "unit": "percent",
      "period": "2026-01-02",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001336920-26-000246",
        "filing_date": "2026-08-04"
      }
    }
  ],
  "watch_next": [
    {
      "type": "interest_rates",
      "statement": "Leidos said higher interest expense from terminating its bridge facility and issuing senior notes contributed to lower operating income and margin.",
      "importance": "medium",
      "evidence": "The increase was primarily attributable to a $23 million settlement loss from the buy-out of our UK defined benefit pension plan and increased interest expense from the termination of our senior unsecured bridge loan facility and issuance of our $600 million and $800 million senior notes.",
      "source_date": "2026-08-04"
    }
  ],
  "related_tickers": [
    "LDOS"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}