Leonardo DRS Financial Statements
NASDAQ: DRSIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Leonardo DRS revenue and earnings
In fiscal 2025, Leonardo DRS generated $3.65 billion in revenue, up 12.8% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $278.0 million (+30.5% year over year), for a net margin of 7.6% versus a median of 5.9% in the prior 5 years. Gross margin was 23.8% (up from 22.8%) and operating margin 9.5%.
Diluted earnings per share came in at $1.03, up from $0.80. Over the last 5 fiscal years, DRS's revenue has grown at a 5.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Leonardo DRS income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.65B | 3.23B | 2.83B | 2.69B | 2.88B | 2.78B | 2.71B |
| Revenue growth (YoY) | +12.80% | +14.44% | +4.94% | -6.46% | +3.64% | +2.36% | — |
| Cost of Revenue | 2.78B | 2.50B | 2.18B | 2.12B | 2.33B | 2.28B | 2.25B |
| Gross Profit | 869.00M | 736.00M | 648.00M | 575.00M | 547.00M | 494.00M | 459.00M |
| Operating Expenses | 521.00M | 443.00M | 417.00M | 14.00M | 311.00M | 313.00M | 296.00M |
| Research & Development | 129.00M | 92.00M | 82.00M | 58.00M | 48.00M | 41.00M | 31.00M |
| Operating Income | 348.00M | 293.00M | 231.00M | 561.00M | 236.00M | 181.00M | 163.00M |
| Interest Expense | — | 21.00M | 36.00M | 34.00M | 35.00M | 64.00M | 65.00M |
| Other Income (Expense) | -4.00M | -8.00M | -3.00M | -2.00M | -1.00M | -5.00M | -3.00M |
| Pretax Income | 336.00M | 264.00M | 192.00M | 525.00M | 200.00M | 112.00M | 95.00M |
| Income Tax | 58.00M | 51.00M | 24.00M | 120.00M | 46.00M | 27.00M | 20.00M |
| Net Income | 278.00M | 213.00M | 168.00M | 405.00M | 154.00M | 85.00M | 75.00M |
| Net Income growth (YoY) | +30.52% | +26.79% | -58.52% | +162.99% | +81.18% | +13.33% | — |
| EPS (Basic) | 1.05 | 0.81 | 0.64 | 1.88 | 0.73 | 0.40 | 0.52 |
| EPS (Diluted) | 1.03 | 0.80 | 0.64 | 1.88 | 0.73 | 0.40 | 0.52 |
| Shares Outstanding (Basic) | 265.90M | 263.70M | 261.50M | 214.90M | 210.00M | 210.00M | — |
| Shares Outstanding (Diluted) | 268.70M | 267.70M | 264.20M | 215.10M | 210.00M | 210.00M | — |
| EBITDA | 441.00M | 384.00M | 316.00M | 626.00M | 294.00M | 234.00M | 214.00M |
| Gross Margin | 23.82% | 22.76% | 22.93% | 21.35% | 19.00% | 17.78% | 16.91% |
| Operating Margin | 9.54% | 9.06% | 8.17% | 20.83% | 8.20% | 6.52% | 6.01% |
| Net Margin | 7.62% | 6.59% | 5.94% | 15.04% | 5.35% | 3.06% | 2.76% |
This table shows 7 annual periods of Leonardo DRS's income statement, from FY 2025 back to FY 2019, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DRS's reporting calendar. What is a income statement?