Leonardo DRS, Inc.DRSEarnings & Financial Report
Leonardo DRS, Inc. is a United States–based defense contractor. Originally founded as DRS Technologies, Inc. and traded on the NYSE, it was acquired by Leonardo’s predecessor Finmeccanica in 2008. Leonardo DRS provides advanced defense technologies and systems primarily to the U.S. military.
DRS Q4 FY2025 Key Financial Metrics
Revenue
$1.1B
Gross Profit
$269.0M
Operating Profit
$126.0M
Net Profit
$102.0M
Gross Margin
25.4%
Operating Margin
11.9%
Net Margin
9.6%
YoY Growth
8.1%
EPS
$0.38
Leonardo DRS, Inc. Q4 FY2025 Financial Summary
Leonardo DRS, Inc. reported revenue of $1.1B (up 8.1% YoY) for Q4 FY2025, with a net profit of $102.0M (up 14.6% YoY) (9.6% margin). Cost of goods sold was $791.0M, operating expenses totaled $143.0M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $102.0M |
| Gross Margin | 25.4% |
| Operating Margin | 11.9% |
| Report Period | Q4 FY2025 |
Leonardo DRS, Inc. Annual Revenue by Year
Leonardo DRS, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.6B).
Leonardo DRS, Inc. Quarterly Revenue & Net Profit History
Leonardo DRS, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.1B | +8.1% | $102.0M | 9.6% |
| Q3 FY2025 | $960.0M | +18.2% | $72.0M | 7.5% |
| Q2 FY2025 | $829.0M | +10.1% | $54.0M | 6.5% |
| Q1 FY2025 | $799.0M | +16.1% | $50.0M | 6.3% |
| Q4 FY2024 | $981.0M | +5.9% | $89.0M | 9.1% |
| Q3 FY2024 | $812.0M | +15.5% | $57.0M | 7.0% |
| Q2 FY2024 | $753.0M | +19.9% | $38.0M | 5.0% |
| Q1 FY2024 | $688.0M | +20.9% | $29.0M | 4.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $688.0M | $753.0M | $812.0M | $981.0M | $799.0M | $829.0M | $960.0M | $1.06B |
| YoY Growth | 20.9% | 19.9% | 15.5% | 5.9% | 16.1% | 10.1% | 18.2% | 8.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.78B | $3.82B | $3.86B | $4.18B | $4.10B | $4.08B | $4.25B | $4.49B |
| Liabilities | $1.43B | $1.41B | $1.39B | $1.63B | $1.52B | $1.48B | $1.60B | $1.76B |
| Equity | $2.35B | $2.41B | $2.47B | $2.56B | $2.57B | $2.60B | $2.65B | $2.73B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-265.0M | $34.0M | $59.0M | $443.0M | $-138.0M | $-28.0M | $107.0M | $425.0M |