Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · Real-Time Price · USD
37.68
-1.96 (-4.94%)
At close: Oct 30, 2026, 4:00 PM EDT
37.20
-0.48 (-1.27%)
After-hours: Oct 30, 2026, 7:55 PM EDT
Leonardo DRS Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash & Equivalents | 294 | 647 | 598 | 467 | 306 | 240 |
Cash & Short-Term Investments | 294 | 647 | 598 | 467 | 306 | 240 |
Cash Growth | -4.85% | 8.19% | 28.05% | 52.61% | 27.50% | 293.44% |
Accounts Receivable | 1,441 | 1,265 | 1,125 | 1,059 | 1,038 | 899 |
Receivables | 1,441 | 1,265 | 1,125 | 1,059 | 1,038 | 899 |
Inventory | 374 | 352 | 358 | 329 | 319 | 205 |
Prepaid Expenses | 45 | 26 | 27 | 21 | 20 | 23 |
Other Current Assets | 25 | 36 | 55 | 42 | 24 | 22 |
Total Current Assets | 2,179 | 2,326 | 2,163 | 1,918 | 1,707 | 1,389 |
Property, Plant & Equipment | 572 | 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 | 94 | 112 | 132 | 151 | 172 | 52 |
Long-Term Deferred Tax Assets | 87 | 88 | 120 | 123 | 66 | 56 |
Other Long-Term Assets | 183 | 82 | 12 | 7 | 9 | 26 |
Total Assets | 4,374 | 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 | Sep '26 Sep 30, 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 |
Accounts Payable | 257 | 351 | 426 | 398 | 457 | 479 |
Accrued Expenses | 162 | 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 | 34 | 38 | 37 | 33 | 33 | 30 |
Current Income Taxes Payable | 17 | 10 | 24 | 46 | 31 | - |
Current Unearned Revenue | 594 | 585 | 399 | 335 | 233 | 174 |
Other Current Liabilities | 93 | 86 | 77 | 83 | 128 | 127 |
Total Current Liabilities | 1,157 | 1,231 | 1,116 | 1,078 | 1,042 | 989 |
Long-Term Debt | - | 225 | 237 | 248 | 260 | 245 |
Long-Term Leases | 252 | 191 | 169 | 169 | 173 | 180 |
Pension & Post-Retirement Benefits | 28 | 35 | 34 | 36 | 45 | 61 |
Long-Term Deferred Tax Liabilities | 3 | 3 | 7 | 4 | - | - |
Other Long-Term Liabilities | 44 | 71 | 64 | 61 | 30 | 1 |
Total Liabilities | 1,484 | 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 | Sep '26 Sep 30, 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 |
Common Stock | 3 | 3 | 3 | 3 | 3 | 2 |
Additional Paid-In Capital | 4,983 | 5,083 | 5,194 | 5,175 | 5,147 | 4,632 |
Retained Earnings | -2,052 | -2,315 | -2,593 | -2,806 | -2,974 | -2,983 |
Comprehensive Income & Other | -44 | -41 | -47 | -47 | -49 | -58 |
Shareholders' Equity | 2,890 | 2,730 | 2,557 | 2,325 | 2,127 | 1,593 |
Total Liabilities & Equity | 4,374 | 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 | Sep '26 Sep 30, 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 |
Total Debt | 286 | 470 | 458 | 497 | 487 | 490 |
Net Cash (Debt) | 8 | 177 | 140 | -30 | -181 | -250 |
Net Cash Growth | - | 26.43% | - | - | - | - |
Net Cash Per Share | 0.03 | 0.66 | 0.52 | -0.11 | -0.84 | -1.19 |
Filing Date Shares Outstanding | 266.62 | 265.85 | 265.16 | 262.63 | 260.55 | 210.45 |
Total Common Shares Outstanding | 266.71 | 265.82 | 265.06 | 262.53 | 260.23 | 210.45 |
Working Capital | 1,022 | 1,095 | 1,047 | 840 | 665 | 400 |
Book Value Per Share | 10.84 | 10.27 | 9.65 | 8.86 | 8.17 | 7.57 |
Tangible Book Value | 1,558 | 1,380 | 1,187 | 936 | 719 | 470 |
Tangible Book Value Per Share | 5.84 | 5.19 | 4.48 | 3.57 | 2.76 | 2.23 |
Land | 457 | 389 | 380 | 342 | 321 | 312 |
Machinery | 739 | 699 | 585 | 531 | 525 | 489 |
Order Backlog | - | 8,448 | 8,268 | 7,751 | 4,269 | 2,861 |