Leonardo DRS Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	647	598	467	306	240
Cash & Short-Term Investments	647	598	467	306	240
Cash Growth	8.19%	28.05%	52.61%	27.50%	293.44%
Accounts Receivable	1,265	1,125	1,059	1,038	899
Receivables	1,265	1,125	1,059	1,038	899
Inventory	352	358	329	319	205
Prepaid Expenses	26	27	21	20	23
Other Current Assets	36	55	42	24	22
Total Current Assets	2,326	2,163	1,918	1,707	1,389
Property, Plant & Equipment	512	519	484	487	448
Long-Term Investments	-	-	-	-	27
Goodwill	1,238	1,238	1,238	1,236	1,071
Other Intangible Assets	112	132	151	172	52
Long-Term Deferred Tax Assets	88	120	123	66	56
Other Long-Term Assets	210	12	7	9	26
Total Assets	4,486	4,184	3,921	3,677	3,069
Accounts Payable	351	426	398	457	479
Accrued Expenses	-	138	136	139	144
Short-Term Debt	26	4	35	10	15
Current Portion of Long-Term Debt	-	11	12	11	20
Current Portion of Leases	-	37	33	33	30
Current Income Taxes Payable	-	24	46	31	-
Current Unearned Revenue	585	399	335	233	174
Other Current Liabilities	269	77	83	128	127
Total Current Liabilities	1,231	1,116	1,078	1,042	989
Long-Term Debt	321	237	248	260	245
Long-Term Leases	-	169	169	173	180
Pension & Post-Retirement Benefits	35	34	36	45	61
Long-Term Deferred Tax Liabilities	3	7	4	-	-
Other Long-Term Liabilities	166	64	61	30	1
Total Liabilities	1,756	1,627	1,596	1,550	1,476
Common Stock	3	3	3	3	2
Additional Paid-In Capital	5,083	5,194	5,175	5,147	4,632
Retained Earnings	-2,315	-2,593	-2,806	-2,974	-2,983
Comprehensive Income & Other	-41	-47	-47	-49	-58
Shareholders' Equity	2,730	2,557	2,325	2,127	1,593
Total Liabilities & Equity	4,486	4,184	3,921	3,677	3,069
Total Debt	347	458	497	487	490
Net Cash (Debt)	300	140	-30	-181	-250
Net Cash Growth	114.29%	-	-	-	-
Net Cash Per Share	1.12	0.52	-0.11	-0.84	-1.19
Filing Date Shares Outstanding	265.82	265.16	262.63	260.55	210.45
Total Common Shares Outstanding	265.82	265.06	262.53	260.23	210.45
Working Capital	1,095	1,047	840	665	400
Book Value Per Share	10.27	9.65	8.86	8.17	7.57
Tangible Book Value	1,380	1,187	936	719	470
Tangible Book Value Per Share	5.19	4.48	3.57	2.76	2.23
Land	-	380	342	321	312
Machinery	-	585	531	525	489
Order Backlog	8,731	8,509	7,751	4,269	2,861

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q