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Leonardo DRS, Inc. (DRS)
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Leonardo DRS, Inc. (DRS) Revenue CAGR:10.46%(TTM)

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Over longer horizons, Leonardo DRS, Inc.'s Revenue CAGR averages 11.72% over 3 years and 5.14% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Revenue CAGR measures how Leonardo DRS, Inc.'s top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.

DRS Revenue CAGR Chart

Leonardo DRS, Inc. (DRS)

DRS Quarterly Revenue Growth (YoY)

Revenue growth vs the same quarter one year earlier, last 20 quarters.

DRS Revenue CAGR History

YearStart RevenueEnd RevenueChange% ChangeCAGR
2025$3.23B$3.65B+$414.00M+12.80%+12.80%
2024$2.83B$3.23B+$408.00M+14.44%+14.44%
2023$2.69B$2.83B+$133.00M+4.94%+4.94%
2022$2.88B$2.69B$-186.00M-6.46%-6.46%
2021$2.78B$2.88B+$101.00M+3.64%+3.64%
2020$2.71B$2.78B+$64.00M+2.36%+2.36%
2019$2.33B$2.71B+$381.00M+16.33%+16.33%
2018$3.30B$2.33B$-962.38M-29.20%-29.20%
2008$2.82B$3.30B+$474.27M+16.81%+16.81%
2007$1.74B$2.82B+$1.09B+62.55%+62.55%

Quarterly Revenue: QoQ & YoY

QuarterValueQoQYoY
Q1 2026$846.00M-20.2%+5.9%
Q4 2025$1.06B+10.4%+8.1%
Q3 2025$960.00M+15.8%+18.2%
Q2 2025$829.00M+3.8%+10.1%
Q1 2025$799.00M-18.6%+16.1%
Q4 2024$981.00M+20.8%+5.9%
Q3 2024$812.00M+7.8%+15.5%
Q2 2024$753.00M+9.4%+19.9%
Q1 2024$688.00M-25.7%+20.9%
Q4 2023$926.00M+31.7%+12.9%
Q3 2023$703.00M+11.9%+10.9%
Q2 2023$628.00M+10.4%+0.2%
Q1 2023$569.00M-30.6%-7.0%
Q4 2022$820.00M+29.3%+0.0%
Q3 2022$634.00M+1.1%-11.9%
Q2 2022$627.00M+2.5%-4.7%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

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