Leidos Holdings Inc. has announced its financial results for the three months ended April 4, 2025, reporting a revenue of $4.245 billion, up from $3.975 billion in the same period last year. Net income for the quarter also increased, reaching $365 million compared to $283 million in the previous year. The net income margin improved to 8.6% from 7.1%. The company reported diluted earnings per share $(EPS)$ of $2.77, an increase from $2.07 a year ago. Additionally, the adjusted EBITDA for the quarter was $601 million, higher than last year's $490 million, with the adjusted EBITDA margin rising to 14.2% from 12.3%. Leidos reaffirmed its fiscal year 2025 guidance, projecting revenues between $16.90 billion and $17.30 billion, an adjusted EBITDA margin in the mid to high 12% range, and non-GAAP diluted EPS between $10.35 and $10.75. The company also expects approximately $1.45 billion in cash flows provided by operating activities for the year. Leidos CEO Tom Bell highlighted the company's strategic focus on innovation and growth, particularly through investments in technology and enhancing cyber capabilities, supported by a $500 million accelerated share repurchase, reflecting confidence in future opportunities.