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Leonardo DRS, Inc. (DRS)
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DRS Balance Sheet

Assets, liabilities, and equity analysis

DRS Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
2.056B2.056B2.326B2.166B2.025B2.070B2.163B1.860B1.805B
328.000M328.000M647.000M309.000M278.000M380.000M598.000M198.000M149.000M
Short-Term Investments
0.000.000.000.000.000.000.000.000.00
Cash & Short-Term Investments
328.000M328.000M647.000M309.000M278.000M380.000M598.000M198.000M149.000M
1.299B1.299B1.265B1.381B1.281B1.236B1.125B1.234B1.225B
371.000M371.000M352.000M404.000M400.000M385.000M358.000M363.000M367.000M
4.211B4.211B4.617B4.245B4.079B4.096B4.184B3.861B3.819B
512.000M512.000M619.000M477.000M463.000M455.000M440.000M415.000M419.000M
1.238B1.238B1.238B1.238B1.238B1.238B1.238B1.238B1.238B
Intangible Assets
106.000M106.000M112.000M114.000M120.000M126.000M132.000M138.000M144.000M
Long-Term Investments
75.000M75.000M21.000M21.000M0.000.000.000.000.00
Total Current Liabilities
1.105B1.105B1.231B1.082B958.000M1.027B1.116B880.000M896.000M
187.000M187.000M351.000M342.000M265.000M299.000M426.000M292.000M263.000M
11.000M11.000M26.000M24.000M22.000M27.000M25.000M22.000M22.000M
Total Liabilities
1.441B1.441B1.887B1.597B1.479B1.525B1.627B1.387B1.413B
140.000M140.000M226.000M326.000M331.000M335.000M340.000M345.000M351.000M
271.000M271.000M470.000M471.000M472.000M452.000M458.000M460.000M469.000M
Net Debt (Cash)
-57.000M-57.000M-177.000M162.000M194.000M72.000M-140.000M262.000M320.000M
2.770B2.770B2.730B2.648B2.600B2.571B2.557B2.474B2.406B
Common Stock
3.000M3.000M3.000M3.000M3.000M3.000M3.000M3.000M3.000M
-2.253B-2.253B-2.315B-2.417B-2.489B-2.543B-2.593B-2.682B-2.739B
1.861.861.892.002.112.021.942.112.01
0.100.100.170.180.180.180.180.190.19

DRS Annual Balance Sheet (USD)

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
Total Current Assets
2.326B2.163B1.918B1.707B1.389B1.263B1.251B
647.000M598.000M467.000M306.000M240.000M61.000M85.000M
Short-Term Investments
0.000.000.000.000.000.000.00
Cash & Short-Term Investments
647.000M598.000M467.000M306.000M240.000M61.000M85.000M
1.265B1.125B1.059B1.038B899.000M889.000M902.000M
352.000M358.000M329.000M319.000M205.000M247.000M209.000M42.000M
4.617B4.184B3.921B3.677B3.069B2.956B2.888B
619.000M440.000M402.000M404.000M364.000M355.000M253.000M
1.238B1.238B1.238B1.236B1.071B1.057B1.057B
Intangible Assets
112.000M132.000M151.000M172.000M52.000M60.000M69.000M
Long-Term Investments
21.000M0.000.000.0027.000M25.000M0.00
Total Current Liabilities
1.231B1.116B1.078B1.042B989.000M975.000M1.001B
351.000M426.000M398.000M457.000M479.000M478.000M536.000M
26.000M25.000M57.000M29.000M41.000M53.000M56.000M
Total Liabilities
1.887B1.627B1.596B1.550B1.476B1.529B1.869B
226.000M340.000M349.000M365.000M352.000M374.000M656.000M
470.000M458.000M497.000M487.000M490.000M530.000M821.000M
Net Debt (Cash)
-177.000M-140.000M30.000M181.000M250.000M469.000M736.000M
2.730B2.557B2.325B2.127B1.593B1.427B1.019B
Common Stock
3.000M3.000M3.000M3.000M2.000M1.000M1.000M
-2.315B-2.593B-2.806B-2.974B-2.983B-3.137B-3.222B
1.891.941.781.641.401.301.25
0.170.180.210.230.310.370.81

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

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

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
7,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
John A. Baylouny