Leonardo DRS (DRS) Financials: History & Chart

Leonardo DRS, Inc. (DRS)DRSLeonardo DRS, Inc.

About Leonardo DRS, Inc.

Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems. DRS provides sophisticated sensing solutions, such as infrared systems for threat identification and improving situational awareness, alongside uncooled infrared technologies and systems designed to mitigate brownout conditions. Their electronic warfare (EW) capabilities encompass airborne, vehicle-mounted, and soldier-borne systems, supported by specialized EW software, training tools, and intelligence services. Furthermore, Leonardo DRS develops essential computing systems for military platforms like ground vehicles, ships, and submarines. These offerings include robust network and data distribution applications, integrated sensor systems, and resilient networked computing infrastructure. The company also specializes in force protection, delivering solutions for counter-unmanned aerial systems (C-UAS), short-range air defense, and active protection systems. Additionally, DRS is a key provider of power management and propulsion technologies, offering systems for power control, distribution, conversion, and propulsion—including hybrid electric drive systems, energy storage solutions, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. Leonardo DRS serves a broad client base, which includes the U.S. military, major aerospace and defense contractors, government intelligence agencies, and international armed forces.

Arlington, VA

7,300 employees

www.leonardodrs.com

Industrials / Aerospace & Defense

Sector: Industrials
Industry: Aerospace & Defense
CEO: John A. Baylouny

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	3.78B	913.00M	846.00M	1.06B	960.00M	829.00M	799.00M	981.00M	812.00M
Cost of Goods Sold	2.86B	682.00M	639.00M	797.00M	738.00M	632.00M	618.00M	746.00M	633.00M
Gross Profit	923.00M	231.00M	207.00M	263.00M	222.00M	197.00M	181.00M	235.00M	179.00M
Gross Profit Margin	24.4%	25.3%	24.5%	24.8%	23.1%	23.8%	22.7%	24.0%	22.0%
Total Operating Expenses	525.00M	129.00M	130.00M	137.00M	129.00M	127.00M	122.00M	115.00M	104.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	518.00M	129.00M	130.00M	136.00M	123.00M	121.00M	117.00M	108.00M	98.00M
Operating Income (EBIT)	398.00M	102.00M	77.00M	126.00M	93.00M	70.00M	59.00M	120.00M	75.00M
Operating Margin	10.5%	11.2%	9.1%	11.9%	9.7%	8.4%	7.4%	12.2%	9.2%
Income Before Tax (EBT)	388.00M	100.00M	77.00M	124.00M	87.00M	67.00M	58.00M	111.00M	69.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	7.00M	2.00M	N/A	1.00M	4.00M	2.00M	1.00M	4.00M	5.00M
Other Income/Expense	-10.00M	-2.00M	0.00	-2.00M	-6.00M	-3.00M	-1.00M	-9.00M	-6.00M
Net Income	322.00M	86.00M	62.00M	102.00M	72.00M	54.00M	50.00M	89.00M	57.00M
Income Tax Expense	66.00M	14.00M	15.00M	22.00M	15.00M	13.00M	8.00M	22.00M	12.00M
Net Profit Margin	8.5%	9.4%	7.3%	9.6%	7.5%	6.5%	6.3%	9.1%	7.0%
EBITDA	495.00M	128.00M	101.00M	150.00M	116.00M	93.00M	82.00M	143.00M	98.00M
EBITDA Margin	13.1%	14.0%	11.9%	14.2%	12.1%	11.2%	10.3%	14.6%	12.1%
Depreciation & Amortization	97.00M	26.00M	24.00M	24.00M	23.00M	23.00M	23.00M	23.00M	23.00M
EPS Basic	1.21	0.33	0.23	0.38	0.27	0.20	0.19	0.34	0.22
EPS Diluted	1.20	0.32	0.23	0.38	0.27	0.20	0.19	0.33	0.21
Shares Outstanding	265.30M	265.30M	265.30M	265.30M	265.30M	265.30M	265.30M	265.06M	264.00M
Diluted Shares Outstanding	268.80M	268.80M	268.80M	268.80M	268.80M	268.80M	268.80M	268.00M	268.00M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	3.65B	3.23B	2.83B	2.69B	2.88B	2.78B	2.71B	2.33B
Cost of Goods Sold	2.80B	2.50B	2.18B	2.12B	2.33B	2.28B	2.25B	1.92B
Gross Profit	847.00M	736.00M	648.00M	575.00M	547.00M	494.00M	459.00M	414.00M
Gross Profit Margin	23.2%	22.8%	22.9%	21.4%	19.0%	17.8%	16.9%	17.7%
Total Operating Expenses	499.00M	443.00M	417.00M	14.00M	311.00M	313.00M	296.00M	369.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	497.00M	414.00M	384.00M	357.00M	293.00M	283.00M	277.00M	268.00M
Operating Income (EBIT)	348.00M	293.00M	231.00M	561.00M	236.00M	181.00M	163.00M	45.00M
Operating Margin	9.5%	9.1%	8.2%	20.8%	8.2%	6.5%	6.0%	1.9%
Income Before Tax (EBT)	336.00M	264.00M	192.00M	525.00M	200.00M	112.00M	95.00M	-17.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	8.00M	21.00M	36.00M	34.00M	35.00M	64.00M	65.00M	58.00M
Other Income/Expense	-12.00M	-29.00M	-39.00M	-36.00M	-36.00M	-69.00M	-68.00M	-62.00M
Net Income	278.00M	213.00M	168.00M	405.00M	154.00M	85.00M	75.00M	-10.00M
Income Tax Expense	58.00M	51.00M	24.00M	120.00M	46.00M	27.00M	20.00M	-7.00M
Net Profit Margin	7.6%	6.6%	5.9%	15.0%	5.3%	3.1%	2.8%	-0.4%
EBITDA	441.00M	384.00M	316.00M	626.00M	294.00M	234.00M	214.00M	173.00M
EBITDA Margin	12.1%	11.9%	11.2%	23.2%	10.2%	8.4%	7.9%	7.4%
Depreciation & Amortization	93.00M	91.00M	85.00M	65.00M	58.00M	53.00M	51.00M	128.00M
EPS Basic	1.05	0.81	0.64	1.88	1.06	0.57	0.52	-0.07
EPS Diluted	1.03	0.80	0.64	1.88	1.06	0.57	0.52	-0.07
Shares Outstanding	265.30M	264.00M	262.50M	215.00M	145.00M	149.78M	145.00M	145.00M
Diluted Shares Outstanding	268.80M	267.70M	264.00M	215.00M	145.00M	149.78M	145.00M	145.00M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.