Leonardo DRS Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,695	3,648	3,234	2,826	2,693	2,879
Revenue Growth (YoY)	10.46%	12.80%	14.44%	4.94%	-6.46%	3.64%
Cost of Revenue	2,795	2,779	2,498	2,178	2,118	2,332
Gross Profit	900	869	736	648	575	547
Selling, General & Admin	510	497	414	384	357	293
Depreciation & Amortization Expenses	22	22	22	22	10	9
Other Operating Expenses	2	2	7	11	-353	9
Total Operating Expenses	534	521	443	417	14	311
Operating Income	366	348	293	231	561	236
Total Non-Operating Income (Expense)	-11	-12	-29	-39	-36	-36
Pretax Income	355	336	264	192	525	200
Provision for Income Taxes	-81	-58	-51	-24	120	46
Net Income	436	394	315	216	405	154
Net Income to Common	290	278	213	168	405	154
Net Income Growth	23.93%	30.52%	26.79%	-58.52%	162.99%	81.18%
Shares Outstanding (Basic)	267	266	264	262	215	210
Shares Outstanding (Diluted)	269	269	268	264	215	210
Shares Change (YoY)	0.09%	0.37%	1.32%	22.83%	2.43%	-
EPS (Basic)	1.09	1.05	0.81	0.64	1.88	0.73
EPS (Diluted)	1.07	1.03	0.80	0.64	1.88	0.73
EPS Growth	22.99%	28.75%	25.00%	-65.96%	157.53%	82.50%
Free Cash Flow	301	227	186	145	-32	118
Free Cash Flow Growth	32.60%	22.04%	28.28%	-	-	71.01%
Free Cash Flow Per Share	1.12	0.84	0.69	0.55	-0.15	0.56
Dividends Per Share	0.360	0.360	-	-	-	-
Gross Margin	24.36%	23.82%	22.76%	22.93%	21.35%	19.00%
Operating Margin	9.91%	9.54%	9.06%	8.17%	20.83%	8.20%
Profit Margin	11.80%	10.80%	9.74%	7.64%	15.04%	5.35%
FCF Margin	8.15%	6.22%	5.75%	5.13%	-1.19%	4.10%
EBITDA	460	441	384	316	626	294
EBITDA Margin	12.45%	12.09%	11.87%	11.18%	23.25%	10.21%
EBIT	366	348	293	231	561	236
EBIT Margin	9.91%	9.54%	9.06%	8.17%	20.83%	8.20%
Effective Tax Rate	-22.82%	-17.26%	-19.32%	-12.50%	22.86%	23.00%

SEC Filings: 10-K · 10-Q