Leonardo DRS, Inc. (DRS) — Financial statements
Income statement, balance sheet, and cash flow for Leonardo DRS, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,648↑12.8% | 3,234↑14.4% | 2,826↑4.9% | 2,693↓6.5% | 2,879 | |
| Cost of Revenue | 2,801↑12.1% | 2,498↑14.7% | 2,178↑2.8% | 2,118↓9.2% | 2,332 | |
| Gross Profit | 847↑15.1% | 736↑13.6% | 648↑12.7% | 575↑5.1% | 547 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 497↑20.0% | 414↑7.8% | 384↑7.6% | 357↑21.8% | 293 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 497↑20.0% | 414↑7.8% | 384↑7.6% | 357↑21.8% | 293 | |
| Other Expenses | 2↓93.1% | 29↓12.1% | 33↑109.6% | -343↓2005.6% | 18 | |
| Operating Expenses | 499↑12.6% | 443↑6.2% | 417↑2878.6% | 14↓95.5% | 311 | |
| Total Costs & Expenses | 3,300↑12.2% | 2,941↑13.3% | 2,595↑21.7% | 2,132↓19.3% | 2,643 | |
| Operating Results | ||||||
| Operating Income | 348↑18.8% | 293↑26.8% | 231↓58.8% | 561↑137.7% | 236 | |
| Depreciation & Amortization | 93↑2.2% | 91↑7.1% | 85↑30.8% | 65↑12.1% | 58 | |
| EBITDA | 441↑17.3% | 376↑20.1% | 313↓49.8% | 624↑113.0% | 293 | |
| EBIT | 348↑22.1% | 285↑25.0% | 228↓59.2% | 559↑137.9% | 235 | |
| Interest & Other Income | ||||||
| Net Interest Income | -8↑61.9% | -21↑41.7% | -36↓5.9% | -34↑2.9% | -35 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 8↓61.9% | 21↓41.7% | 36↑5.9% | 34↓2.9% | 35 | |
| Non-Operating Income | 0.00↓100.0% | 8↑166.7% | 3↑50.0% | 2↑100.0% | 1 | |
| Other Income / Expenses | -12↑58.6% | -29↑25.6% | -39↓8.3% | -36↑0.0% | -36 | |
| Income Before Tax | 336↑27.3% | 264↑37.5% | 192↓63.4% | 525↑162.5% | 200 | |
| Income Tax Expense | 58↑13.7% | 51↑112.5% | 24↓80.0% | 120↑160.9% | 46 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 278↑30.5% | 213↑26.8% | 168↓58.5% | 405↑163.0% | 154 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 278↑30.5% | 213↑26.8% | 168↓58.5% | 405↑163.0% | 154 | |
| Bottom-Line Net Income | 278↑30.5% | 213↑26.8% | 168↓58.5% | 405↑163.0% | 154 | |
| EPS (Basic) | 1.05↑29.6% | 0.81↑26.6% | 0.64↓66.0% | 1.88↑77.4% | 1.06 | |
| EPS (Diluted) | 1.03↑28.7% | 0.80↑25.0% | 0.64↓66.0% | 1.88↑77.4% | 1.06 | |
| Weighted Average Shares | 265↑0.5% | 264↑0.6% | 263↑22.1% | 215↑48.3% | 145 | |
| Weighted Average Diluted Shares | 269↑0.4% | 268↑1.4% | 264↑22.8% | 215↑48.3% | 145 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.