Leonardo DRS, Inc. (DRS) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Leonardo DRS, Inc. (DRS) quarterly income statement — complete revenue, gross profit & net income history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Sales/Revenue	846M	1.06B	960M	829M	799M	981M	812M	753M	688M	926M	703M	628M	569M	820M	634M	627M	612M	820M	720M	658M
Revenue Growth %	5.88%	8.05%	18.23%	10.09%	16.13%	5.94%	15.5%	19.9%	20.91%	12.93%	10.88%	0.16%	-7.03%	0%	-11.94%	-4.71%	-10.13%	-0.73%	-	-
Cost of Goods Sold	634M	797M	738M	632M	618M	746M	633M	584M	535M	716M	541M	483M	438M	636M	504M	500M	478M	667M	589M	531M
COGS % of Revenue	74.94%	75.19%	76.88%	76.24%	77.35%	76.04%	77.96%	77.56%	77.76%	77.32%	76.96%	76.91%	76.98%	77.56%	79.5%	79.74%	78.1%	81.34%	81.81%	80.7%
Gross Profit	212M	263M	222M	197M	181M	235M	179M	169M	153M	210M	162M	145M	131M	184M	130M	127M	134M	153M	131M	127M
Gross Margin %	25.06%	24.81%	23.13%	23.76%	22.65%	23.96%	22.04%	22.44%	22.24%	22.68%	23.04%	23.09%	23.02%	22.44%	20.5%	20.26%	21.9%	18.66%	18.19%	19.3%
Gross Profit Growth %	17.13%	11.91%	24.02%	16.57%	18.3%	11.9%	10.49%	16.55%	16.79%	14.13%	24.62%	14.17%	-2.24%	20.26%	-0.76%	0%	-1.47%	-2.55%	-	-
Operating Expenses	130M	137M	129M	127M	122M	115M	104M	114M	110M	105M	103M	103M	106M	97M	-246M	85M	78M	72M	78M	76M
OpEx % of Revenue	15.37%	12.92%	13.44%	15.32%	15.27%	11.72%	12.81%	15.14%	15.99%	11.34%	14.65%	16.4%	18.63%	11.83%	-38.8%	13.56%	12.75%	8.78%	10.83%	11.55%
Selling, General & Admin	130M	136M	123M	121M	117M	108M	98M	107M	101M	98M	96M	90M	100M	96M	101M	84M	76M	68M	73M	73M
SG&A % of Revenue	15.37%	12.83%	12.81%	14.6%	14.64%	11.01%	12.07%	14.21%	14.68%	10.58%	13.66%	14.33%	17.57%	11.71%	15.93%	13.4%	12.42%	8.29%	10.14%	11.09%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	-1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	77M	126M	93M	70M	59M	120M	75M	55M	43M	105M	59M	42M	25M	87M	376M	42M	56M	81M	53M	51M
Operating Margin %	9.1%	11.89%	9.69%	8.44%	7.38%	12.23%	9.24%	7.3%	6.25%	11.34%	8.39%	6.69%	4.39%	10.61%	59.31%	6.7%	9.15%	9.88%	7.36%	7.75%
Operating Income Growth %	30.51%	5%	24%	27.27%	37.21%	14.29%	27.12%	30.95%	72%	20.69%	-84.31%	0%	-55.36%	7.41%	609.43%	-17.65%	9.8%	2.53%	-	-
EBITDA	77M	150M	116M	93M	82M	143M	98M	78M	65M	127M	80M	62M	47M	104M	393M	58M	71M	95M	69M	65M
EBITDA Margin %	9.1%	14.15%	12.08%	11.22%	10.26%	14.58%	12.07%	10.36%	9.45%	13.71%	11.38%	9.87%	8.26%	12.68%	61.99%	9.25%	11.6%	11.59%	9.58%	9.88%
EBITDA Growth %	-6.1%	4.9%	18.37%	19.23%	26.15%	12.6%	22.5%	25.81%	38.3%	22.12%	-79.64%	6.9%	-33.8%	9.47%	469.57%	-10.77%	9.23%	3.26%	-	-
D&A (Non-Cash Add-back)	0	24M	23M	23M	23M	23M	23M	23M	22M	22M	21M	20M	22M	17M	17M	16M	15M	14M	16M	14M
EBIT	0	126M	91M	69M	59M	115M	74M	54M	42M	104M	58M	42M	24M	85M	376M	42M	56M	81M	52M	52M
Net Interest Income	0	-1M	-4M	-2M	-1M	-4M	-5M	-7M	-5M	-9M	-10M	-9M	-8M	-7M	-9M	-10M	-8M	-8M	-9M	-9M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	1M	4M	2M	1M	4M	5M	7M	5M	9M	10M	9M	8M	7M	9M	10M	8M	8M	9M	9M
Other Income/Expense	0	-2M	-6M	-3M	-1M	-9M	-6M	-8M	-6M	-10M	-11M	-9M	-9M	-9M	-9M	-10M	-8M	-8M	-10M	-8M
Pretax Income	77M	124M	87M	67M	58M	111M	69M	47M	37M	95M	48M	33M	16M	78M	367M	32M	48M	73M	43M	43M
Pretax Margin %	9.1%	11.7%	9.06%	8.08%	7.26%	11.31%	8.5%	6.24%	5.38%	10.26%	6.83%	5.25%	2.81%	9.51%	57.89%	5.1%	7.84%	8.9%	5.97%	6.54%
Income Tax	-15M	22M	15M	13M	8M	22M	12M	9M	8M	21M	1M	-2M	4M	13M	88M	7M	12M	15M	8M	11M
Effective Tax Rate %	-19.48%	17.74%	17.24%	19.4%	13.79%	19.82%	17.39%	19.15%	21.62%	22.11%	2.08%	-6.06%	25%	16.67%	23.98%	21.88%	25%	20.55%	18.6%	25.58%
Net Income	62M	102M	72M	54M	50M	89M	57M	38M	29M	74M	47M	35M	12M	65M	279M	25M	36M	58M	35M	32M
Net Margin %	7.33%	9.62%	7.5%	6.51%	6.26%	9.07%	7.02%	5.05%	4.22%	7.99%	6.69%	5.57%	2.11%	7.93%	44.01%	3.99%	5.88%	7.07%	4.86%	4.86%
Net Income Growth %	24%	14.61%	26.32%	42.11%	72.41%	20.27%	21.28%	8.57%	141.67%	13.85%	-83.15%	40%	-66.67%	12.07%	697.14%	-21.88%	24.14%	23.4%	-	-
Net Income (Continuing)	62M	102M	72M	54M	50M	89M	57M	38M	29M	74M	47M	35M	12M	65M	279M	25M	36M	58M	35M	32M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.23	0.38	0.27	0.20	0.19	0.33	0.21	0.14	0.11	0.28	0.18	0.13	0.05	0.28	1.92	0.12	0.25	0.40	0.24	0.22
EPS Growth %	21.05%	15.15%	28.57%	42.86%	72.73%	17.86%	16.67%	7.69%	140.17%	0%	-90.63%	8.33%	-81.68%	-30%	700%	-45.45%	25%	25%	-	-
EPS (Basic)	0.23	0.38	0.27	0.20	0.19	0.34	0.22	0.14	0.11	0.28	0.18	0.13	0.05	0.28	1.92	0.12	0.25	0.40	0.24	0.22
Diluted Shares Outstanding	268.8M	268.8M	268.8M	268.8M	268.8M	268M	268M	267M	266.44M	265.7M	265M	264M	262M	229.04M	145.31M	210M	144M	145M	145.83M	145.45M
Basic Shares Outstanding	265.3M	265.3M	265.3M	265.3M	265.3M	265.06M	264M	263M	263M	265.7M	262M	261M	260M	229.04M	145M	210M	144M	145M	145M	145M
Dividend Payout Ratio	-	23.53%	33.33%	44.44%	14%	-	-	-	-	-	-	-	-	609.23%	141.94%	-	-	-	-	-

Leonardo DRS, Inc. (DRS) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Leonardo DRS, Inc. (DRS) quarterly income statement — complete revenue, gross profit & net income history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Sales/Revenue	846M	1.06B	960M	829M	799M	981M	812M	753M	688M	926M	703M	628M	569M	820M	634M	627M	612M	820M	720M	658M
Revenue Growth %	5.88%	8.05%	18.23%	10.09%	16.13%	5.94%	15.5%	19.9%	20.91%	12.93%	10.88%	0.16%	-7.03%	0%	-11.94%	-4.71%	-10.13%	-0.73%	-	-
Cost of Goods Sold	634M	797M	738M	632M	618M	746M	633M	584M	535M	716M	541M	483M	438M	636M	504M	500M	478M	667M	589M	531M
COGS % of Revenue	74.94%	75.19%	76.88%	76.24%	77.35%	76.04%	77.96%	77.56%	77.76%	77.32%	76.96%	76.91%	76.98%	77.56%	79.5%	79.74%	78.1%	81.34%	81.81%	80.7%
Gross Profit	212M	263M	222M	197M	181M	235M	179M	169M	153M	210M	162M	145M	131M	184M	130M	127M	134M	153M	131M	127M
Gross Margin %	25.06%	24.81%	23.13%	23.76%	22.65%	23.96%	22.04%	22.44%	22.24%	22.68%	23.04%	23.09%	23.02%	22.44%	20.5%	20.26%	21.9%	18.66%	18.19%	19.3%
Gross Profit Growth %	17.13%	11.91%	24.02%	16.57%	18.3%	11.9%	10.49%	16.55%	16.79%	14.13%	24.62%	14.17%	-2.24%	20.26%	-0.76%	0%	-1.47%	-2.55%	-	-
Operating Expenses	130M	137M	129M	127M	122M	115M	104M	114M	110M	105M	103M	103M	106M	97M	-246M	85M	78M	72M	78M	76M
OpEx % of Revenue	15.37%	12.92%	13.44%	15.32%	15.27%	11.72%	12.81%	15.14%	15.99%	11.34%	14.65%	16.4%	18.63%	11.83%	-38.8%	13.56%	12.75%	8.78%	10.83%	11.55%
Selling, General & Admin	130M	136M	123M	121M	117M	108M	98M	107M	101M	98M	96M	90M	100M	96M	101M	84M	76M	68M	73M	73M
SG&A % of Revenue	15.37%	12.83%	12.81%	14.6%	14.64%	11.01%	12.07%	14.21%	14.68%	10.58%	13.66%	14.33%	17.57%	11.71%	15.93%	13.4%	12.42%	8.29%	10.14%	11.09%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	-1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	77M	126M	93M	70M	59M	120M	75M	55M	43M	105M	59M	42M	25M	87M	376M	42M	56M	81M	53M	51M
Operating Margin %	9.1%	11.89%	9.69%	8.44%	7.38%	12.23%	9.24%	7.3%	6.25%	11.34%	8.39%	6.69%	4.39%	10.61%	59.31%	6.7%	9.15%	9.88%	7.36%	7.75%
Operating Income Growth %	30.51%	5%	24%	27.27%	37.21%	14.29%	27.12%	30.95%	72%	20.69%	-84.31%	0%	-55.36%	7.41%	609.43%	-17.65%	9.8%	2.53%	-	-
EBITDA	77M	150M	116M	93M	82M	143M	98M	78M	65M	127M	80M	62M	47M	104M	393M	58M	71M	95M	69M	65M
EBITDA Margin %	9.1%	14.15%	12.08%	11.22%	10.26%	14.58%	12.07%	10.36%	9.45%	13.71%	11.38%	9.87%	8.26%	12.68%	61.99%	9.25%	11.6%	11.59%	9.58%	9.88%
EBITDA Growth %	-6.1%	4.9%	18.37%	19.23%	26.15%	12.6%	22.5%	25.81%	38.3%	22.12%	-79.64%	6.9%	-33.8%	9.47%	469.57%	-10.77%	9.23%	3.26%	-	-
D&A (Non-Cash Add-back)	0	24M	23M	23M	23M	23M	23M	23M	22M	22M	21M	20M	22M	17M	17M	16M	15M	14M	16M	14M
EBIT	0	126M	91M	69M	59M	115M	74M	54M	42M	104M	58M	42M	24M	85M	376M	42M	56M	81M	52M	52M
Net Interest Income	0	-1M	-4M	-2M	-1M	-4M	-5M	-7M	-5M	-9M	-10M	-9M	-8M	-7M	-9M	-10M	-8M	-8M	-9M	-9M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	1M	4M	2M	1M	4M	5M	7M	5M	9M	10M	9M	8M	7M	9M	10M	8M	8M	9M	9M
Other Income/Expense	0	-2M	-6M	-3M	-1M	-9M	-6M	-8M	-6M	-10M	-11M	-9M	-9M	-9M	-9M	-10M	-8M	-8M	-10M	-8M
Pretax Income	77M	124M	87M	67M	58M	111M	69M	47M	37M	95M	48M	33M	16M	78M	367M	32M	48M	73M	43M	43M
Pretax Margin %	9.1%	11.7%	9.06%	8.08%	7.26%	11.31%	8.5%	6.24%	5.38%	10.26%	6.83%	5.25%	2.81%	9.51%	57.89%	5.1%	7.84%	8.9%	5.97%	6.54%
Income Tax	-15M	22M	15M	13M	8M	22M	12M	9M	8M	21M	1M	-2M	4M	13M	88M	7M	12M	15M	8M	11M
Effective Tax Rate %	-19.48%	17.74%	17.24%	19.4%	13.79%	19.82%	17.39%	19.15%	21.62%	22.11%	2.08%	-6.06%	25%	16.67%	23.98%	21.88%	25%	20.55%	18.6%	25.58%
Net Income	62M	102M	72M	54M	50M	89M	57M	38M	29M	74M	47M	35M	12M	65M	279M	25M	36M	58M	35M	32M
Net Margin %	7.33%	9.62%	7.5%	6.51%	6.26%	9.07%	7.02%	5.05%	4.22%	7.99%	6.69%	5.57%	2.11%	7.93%	44.01%	3.99%	5.88%	7.07%	4.86%	4.86%
Net Income Growth %	24%	14.61%	26.32%	42.11%	72.41%	20.27%	21.28%	8.57%	141.67%	13.85%	-83.15%	40%	-66.67%	12.07%	697.14%	-21.88%	24.14%	23.4%	-	-
Net Income (Continuing)	62M	102M	72M	54M	50M	89M	57M	38M	29M	74M	47M	35M	12M	65M	279M	25M	36M	58M	35M	32M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.23	0.38	0.27	0.20	0.19	0.33	0.21	0.14	0.11	0.28	0.18	0.13	0.05	0.28	1.92	0.12	0.25	0.40	0.24	0.22
EPS Growth %	21.05%	15.15%	28.57%	42.86%	72.73%	17.86%	16.67%	7.69%	140.17%	0%	-90.63%	8.33%	-81.68%	-30%	700%	-45.45%	25%	25%	-	-
EPS (Basic)	0.23	0.38	0.27	0.20	0.19	0.34	0.22	0.14	0.11	0.28	0.18	0.13	0.05	0.28	1.92	0.12	0.25	0.40	0.24	0.22
Diluted Shares Outstanding	268.8M	268.8M	268.8M	268.8M	268.8M	268M	268M	267M	266.44M	265.7M	265M	264M	262M	229.04M	145.31M	210M	144M	145M	145.83M	145.45M
Basic Shares Outstanding	265.3M	265.3M	265.3M	265.3M	265.3M	265.06M	264M	263M	263M	265.7M	262M	261M	260M	229.04M	145M	210M	144M	145M	145M	145M
Dividend Payout Ratio	-	23.53%	33.33%	44.44%	14%	-	-	-	-	-	-	-	-	609.23%	141.94%	-	-	-	-	-

DRS Income Statement

DRS Income Statement