Leonardo DRS, Inc. (DRS)

Leonardo DRS Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	270	647	598	467	306	240
Cash & Short-Term Investments	270	647	598	467	306	240
Cash Growth	-2.88%	8.19%	28.05%	52.61%	27.50%	293.44%
Accounts Receivable	1,321	1,265	1,125	1,059	1,038	899
Receivables	1,321	1,265	1,125	1,059	1,038	899
Inventory	383	352	358	329	319	205
Prepaid Expenses	29	26	27	21	20	23
Other Current Assets	37	36	55	42	24	22
Total Current Assets	2,040	2,326	2,163	1,918	1,707	1,389
Property, Plant & Equipment	526	619	519	484	487	448
Long-Term Investments	21	21	-	-	-	27
Goodwill	1,238	1,238	1,238	1,238	1,236	1,071
Other Intangible Assets	100	112	132	151	172	52
Long-Term Deferred Tax Assets	81	88	120	123	66	56
Other Long-Term Assets	191	82	12	7	9	26
Total Assets	4,197	4,486	4,184	3,921	3,677	3,069

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	182	351	426	398	457	479
Accrued Expenses	143	145	138	136	139	144
Short-Term Debt	-	5	4	35	10	15
Current Portion of Long-Term Debt	-	11	11	12	11	20
Current Portion of Leases	40	38	37	33	33	30
Current Income Taxes Payable	16	10	24	46	31	-
Current Unearned Revenue	598	585	399	335	233	174
Other Current Liabilities	86	86	77	83	128	127
Total Current Liabilities	1,065	1,231	1,116	1,078	1,042	989
Long-Term Debt	-	225	237	248	260	245
Long-Term Leases	227	191	169	169	173	180
Pension & Post-Retirement Benefits	31	35	34	36	45	61
Long-Term Deferred Tax Liabilities	3	3	7	4	-	-
Other Long-Term Liabilities	68	71	64	61	30	1
Total Liabilities	1,394	1,756	1,627	1,596	1,550	1,476

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3	3	3	3	3	2
Additional Paid-In Capital	5,010	5,083	5,194	5,175	5,147	4,632
Retained Earnings	-2,167	-2,315	-2,593	-2,806	-2,974	-2,983
Comprehensive Income & Other	-43	-41	-47	-47	-49	-58
Shareholders' Equity	2,803	2,730	2,557	2,325	2,127	1,593
Total Liabilities & Equity	4,197	4,486	4,184	3,921	3,677	3,069

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	267	470	458	497	487	490
Net Cash (Debt)	3	177	140	-30	-181	-250
Net Cash Growth	-	26.43%	-	-	-	-
Net Cash Per Share	0.01	0.66	0.52	-0.11	-0.84	-1.19
Filing Date Shares Outstanding	266.89	265.85	265.16	262.63	260.55	210.45
Total Common Shares Outstanding	266.83	265.82	265.06	262.53	260.23	210.45
Working Capital	975	1,095	1,047	840	665	400
Book Value Per Share	10.50	10.27	9.65	8.86	8.17	7.57
Tangible Book Value	1,465	1,380	1,187	936	719	470
Tangible Book Value Per Share	5.49	5.19	4.48	3.57	2.76	2.23
Land	457	389	380	342	321	312
Machinery	675	699	585	531	525	489
Order Backlog	-	8,448	8,268	7,751	4,269	2,861

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

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