Leonardo DRS, Inc. (DRS)
NASDAQ: DRS · Real-Time Price · USD
41.25
+0.25 (0.61%)
Aug 21, 2026, 4:01 AM EDT - Market open
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 | Jun '26 Jun 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 |
| 3,779 | 3,648 | 3,234 | 2,826 | 2,693 | 2,879 | |
Revenue Growth | 10.46% | 12.80% | 14.44% | 4.94% | -6.46% | 3.64% |
Cost of Revenue | 2,839 | 2,779 | 2,498 | 2,178 | 2,118 | 2,332 |
Gross Profit | 940 | 869 | 736 | 648 | 575 | 547 |
Selling, General & Admin | 518 | 497 | 414 | 384 | 330 | 293 |
Amortization of Goodwill & Intangibles | 22 | 22 | 22 | 22 | 10 | 9 |
Other Operating Expenses | - | - | -1 | - | -2 | 4 |
Operating Expenses | 540 | 519 | 435 | 406 | 338 | 306 |
Operating Income | 400 | 350 | 301 | 242 | 237 | 241 |
Interest Expense | -5 | -8 | -21 | -36 | -34 | -35 |
Interest & Investment Income | 2 | - | - | - | - | - |
Other Non Operating Income (Expenses) | -7 | -4 | -8 | -3 | -2 | -1 |
EBT Excluding Unusual Items | 390 | 338 | 272 | 203 | 201 | 205 |
Merger & Restructuring Charges | -2 | -2 | -8 | -11 | -30 | -5 |
Gain (Loss) on Sale of Assets | - | - | - | - | 354 | - |
Pretax Income | 388 | 336 | 264 | 192 | 525 | 200 |
Income Tax Expense | 66 | 58 | 51 | 24 | 120 | 46 |
Earnings From Continuing Operations | 322 | 278 | 213 | 168 | 405 | 154 |
Net Income | 322 | 278 | 213 | 168 | 405 | 154 |
Net Income to Common | 322 | 278 | 213 | 168 | 405 | 154 |
Net Income Growth | 28.80% | 30.52% | 26.79% | -58.52% | 162.99% | 81.18% |
Shares Outstanding (Basic) | 266 | 266 | 264 | 262 | 215 | 210 |
Shares Outstanding (Diluted) | 269 | 269 | 268 | 264 | 215 | 210 |
Shares Change | - | 0.37% | 1.32% | 22.83% | 2.43% | - |
EPS (Basic) | 1.21 | 1.05 | 0.81 | 0.64 | 1.88 | 0.73 |
EPS (Diluted) | 1.19 | 1.03 | 0.80 | 0.64 | 1.88 | 0.73 |
EPS Growth | 26.74% | 28.75% | 25.00% | -65.96% | 157.53% | 82.50% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Free Cash Flow | 363 | 227 | 186 | 145 | -32 | 118 |
Free Cash Flow Per Share | 1.35 | 0.84 | 0.69 | 0.55 | -0.15 | 0.56 |
Dividend Per Share | 0.360 | 0.360 | - | - | - | - |
Dividend Growth | 100.00% | - | - | - | - | - |
Gross Margin | 24.87% | 23.82% | 22.76% | 22.93% | 21.35% | 19.00% |
Operating Margin | 10.59% | 9.59% | 9.31% | 8.56% | 8.80% | 8.37% |
Profit Margin | 8.52% | 7.62% | 6.59% | 5.95% | 15.04% | 5.35% |
Free Cash Flow Margin | 9.61% | 6.22% | 5.75% | 5.13% | -1.19% | 4.10% |
EBITDA | 497 | 443 | 392 | 327 | 302 | 299 |
EBITDA Margin | 13.15% | 12.14% | 12.12% | 11.57% | 11.21% | 10.39% |
D&A For EBITDA | 97 | 93 | 91 | 85 | 65 | 58 |
EBIT | 400 | 350 | 301 | 242 | 237 | 241 |
EBIT Margin | 10.59% | 9.59% | 9.31% | 8.56% | 8.80% | 8.37% |
Effective Tax Rate | 17.01% | 17.26% | 19.32% | 12.50% | 22.86% | 23.00% |
Revenue as Reported | - | - | - | - | - | 2,879 |