Leonardo DRS, Inc. (DRS)

Leonardo DRS Income Statement

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

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Revenue	913	846	1,060	960	829	799	981	812	753	688	926	703	628	569	820	634	627	612	820	720
Revenue Growth (YoY)	10.13%	5.88%	8.05%	18.23%	10.09%	16.13%	5.94%	15.50%	19.90%	20.91%	12.93%	10.88%	0.16%	-7.03%	0%	-11.94%	-4.71%	-10.13%	-0.73%	0.14%
Cost of Revenue	676	634	791	738	632	618	746	633	584	535	716	541	483	438	636	504	500	478	667	589
Gross Profit	237	212	269	222	197	181	235	179	169	153	210	162	145	131	184	130	127	134	153	131
Selling, General & Admin	129	130	136	123	121	117	108	98	107	101	98	96	90	100	96	101	84	76	68	73
Amortization of Goodwill & Intangibles	6	5	6	5	6	5	5	6	6	5	6	5	5	6	3	3	2	2	2	3
Other Operating Expenses	-	-	-	-	-	-	-1	-	-	-	-	-	-	-	349	-350	-1	-	-10	2
Operating Expenses	135	135	142	128	127	122	112	104	113	106	104	101	95	106	448	-246	85	78	60	78
Operating Income	102	77	127	94	70	59	123	75	56	47	106	61	50	25	-264	376	42	56	93	53
Interest Expense	-	-	-1	-4	-2	-1	-4	-5	-7	-5	-9	-10	-9	-8	-7	-9	-10	-8	-8	-9
Interest & Investment Income	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-1
Other Non Operating Income (Expenses)	-4	-	-1	-2	-1	-	-5	-1	-1	-1	-1	-1	-	-1	-2	-	-	-	-1	-
EBT Excluding Unusual Items	100	77	125	88	67	58	114	69	48	41	96	50	41	16	-273	367	32	48	85	43
Merger & Restructuring Charges	-	-	-1	-1	-	-	-3	-	-1	-4	-1	-2	-8	-	-3	-	-	-	-5	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	354	-	-	-	-	-
Other Unusual Items	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-
Pretax Income	100	77	124	87	67	58	111	69	47	37	95	48	33	16	78	367	32	48	73	43
Income Tax Expense	14	15	22	15	13	8	22	12	9	8	21	1	-2	4	13	88	7	12	15	8
Earnings From Continuing Operations	86	62	102	72	54	50	89	57	38	29	74	47	35	12	65	279	25	36	58	35
Net Income to Company	86	62	102	72	54	50	89	57	38	29	74	47	35	12	65	279	25	36	58	35
Net Income	86	62	102	72	54	50	89	57	38	29	74	47	35	12	65	279	25	36	58	35
Net Income to Common	86	62	102	72	54	50	89	57	38	29	74	47	35	12	65	279	25	36	58	35
Net Income Growth (YoY)	59.26%	24.00%	14.61%	26.32%	42.10%	72.41%	20.27%	21.28%	8.57%	141.67%	13.85%	-83.15%	40.00%	-66.67%	12.07%	697.14%	-21.88%	24.14%	23.40%	133.33%
Shares Outstanding (Basic)	267	266	262	266	266	265	262	264	263	263	264	262	261	260	229	210	210	210	209	210
Shares Outstanding (Diluted)	269	269	268	268	269	269	269	268	268	266	266	265	264	262	229	210	210	210	209	210
Shares Change (YoY)	-0.04%	-0.04%	-0.20%	0.04%	0.56%	0.90%	1.23%	1.24%	1.33%	1.68%	16.00%	26.19%	25.71%	24.76%	9.77%	-0.21%	-0.21%	-0.21%	-0.85%	-
EPS (Basic)	0.32	0.23	0.39	0.27	0.20	0.19	0.34	0.22	0.14	0.11	0.28	0.18	0.13	0.05	0.28	1.33	0.12	0.17	0.28	0.17
EPS (Diluted)	0.32	0.23	0.38	0.26	0.20	0.19	0.34	0.21	0.14	0.11	0.28	0.18	0.13	0.05	0.28	1.33	0.12	0.17	0.28	0.17
EPS Growth (YoY)	60.00%	22.04%	12.23%	23.81%	42.86%	71.33%	21.61%	17.06%	7.69%	138.34%	-0.26%	-86.50%	9.20%	-72.85%	1.24%	703.25%	-21.47%	23.37%	23.58%	140.06%

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Free Cash Flow	6	-96	376	77	-56	-170	414	47	-	-275	497	21	-24	-349	249	-17	4	-268	271	61
Free Cash Flow Per Share	0.02	-0.36	1.40	0.29	-0.21	-0.63	1.54	0.17	-	-1.03	1.87	0.08	-0.09	-1.33	1.09	-0.08	0.02	-1.28	1.30	0.29
Dividend Per Share	0.090	0.090	0.090	0.090	0.090	0.090	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend Growth (YoY)	0%	0%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	25.96%	25.06%	25.38%	23.13%	23.76%	22.65%	23.96%	22.04%	22.44%	22.24%	22.68%	23.04%	23.09%	23.02%	22.44%	20.51%	20.26%	21.89%	18.66%	18.19%
Operating Margin	11.17%	9.10%	11.98%	9.79%	8.44%	7.38%	12.54%	9.24%	7.44%	6.83%	11.45%	8.68%	7.96%	4.39%	-32.20%	59.31%	6.70%	9.15%	11.34%	7.36%
Profit Margin	9.42%	7.33%	9.62%	7.50%	6.51%	6.26%	9.07%	7.02%	5.05%	4.21%	7.99%	6.69%	5.57%	2.11%	7.93%	44.01%	3.99%	5.88%	7.07%	4.86%
Free Cash Flow Margin	0.66%	-11.35%	35.47%	8.02%	-6.75%	-21.28%	42.20%	5.79%	-	-39.97%	53.67%	2.99%	-3.82%	-61.34%	30.37%	-2.68%	0.64%	-43.79%	33.05%	8.47%
EBITDA	128	101	151	117	93	82	146	98	79	69	128	82	70	47	-247	393	58	71	107	69
EBITDA Margin	14.02%	11.94%	14.24%	12.19%	11.22%	10.26%	14.88%	12.07%	10.49%	10.03%	13.82%	11.66%	11.15%	8.26%	-30.12%	61.99%	9.25%	11.60%	13.05%	9.58%
D&A For EBITDA	26	24	24	23	23	23	23	23	23	22	22	21	20	22	17	17	16	15	14	16
EBIT	102	77	127	94	70	59	123	75	56	47	106	61	50	25	-264	376	42	56	93	53
EBIT Margin	11.17%	9.10%	11.98%	9.79%	8.44%	7.38%	12.54%	9.24%	7.44%	6.83%	11.45%	8.68%	7.96%	4.39%	-32.20%	59.31%	6.70%	9.15%	11.34%	7.36%
Effective Tax Rate	14.00%	19.48%	17.74%	17.24%	19.40%	13.79%	19.82%	17.39%	19.15%	21.62%	22.11%	2.08%	-	25.00%	16.67%	23.98%	21.88%	25.00%	20.55%	18.61%
Revenue as Reported	-	-	-	-	-	-	-	-	-	-	-	703	628	569	820	634	627	612	820	720

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:

Oct 25, 2026

Data Sources Report a data error