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Side-by-side financial comparison of Leonardo DRS, Inc. (DRS) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

Leonardo DRS, Inc. is the larger business by last-quarter revenue ($1.1B vs $568.5M, roughly 1.9× Real Brokerage Inc). Leonardo DRS, Inc. runs the higher net margin — 9.6% vs -0.1%, a 9.7% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 8.1%). Leonardo DRS, Inc. produced more free cash flow last quarter ($376.0M vs $8.4M).

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.

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

DRS vs REAX — Head-to-Head

Bigger by revenue
DRS
DRS
1.9× larger
DRS
$1.1B
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+44.6% gap
REAX
52.6%
8.1%
DRS
Higher net margin
DRS
DRS
9.7% more per $
DRS
9.6%
-0.1%
REAX
More free cash flow
DRS
DRS
$367.6M more FCF
DRS
$376.0M
$8.4M
REAX

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DRS
DRS
REAX
REAX
Revenue
$1.1B
$568.5M
Net Profit
$102.0M
$-447.0K
Gross Margin
25.4%
7.9%
Operating Margin
11.9%
-0.1%
Net Margin
9.6%
-0.1%
Revenue YoY
8.1%
52.6%
Net Profit YoY
14.6%
82.7%
EPS (diluted)
$0.38
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DRS
DRS
REAX
REAX
Q4 25
$1.1B
Q3 25
$960.0M
$568.5M
Q2 25
$829.0M
$540.7M
Q1 25
$799.0M
$354.0M
Q4 24
$981.0M
Q3 24
$812.0M
$372.5M
Q2 24
$753.0M
Q1 24
$688.0M
$200.7M
Net Profit
DRS
DRS
REAX
REAX
Q4 25
$102.0M
Q3 25
$72.0M
$-447.0K
Q2 25
$54.0M
$1.5M
Q1 25
$50.0M
$-5.0M
Q4 24
$89.0M
Q3 24
$57.0M
$-2.6M
Q2 24
$38.0M
Q1 24
$29.0M
$-16.1M
Gross Margin
DRS
DRS
REAX
REAX
Q4 25
25.4%
Q3 25
23.1%
7.9%
Q2 25
23.8%
8.9%
Q1 25
22.7%
9.6%
Q4 24
24.0%
Q3 24
22.0%
8.6%
Q2 24
22.4%
Q1 24
22.2%
10.3%
Operating Margin
DRS
DRS
REAX
REAX
Q4 25
11.9%
Q3 25
9.7%
-0.1%
Q2 25
8.4%
0.3%
Q1 25
7.4%
-1.5%
Q4 24
12.2%
Q3 24
9.2%
-0.7%
Q2 24
7.3%
Q1 24
6.3%
-7.8%
Net Margin
DRS
DRS
REAX
REAX
Q4 25
9.6%
Q3 25
7.5%
-0.1%
Q2 25
6.5%
0.3%
Q1 25
6.3%
-1.4%
Q4 24
9.1%
Q3 24
7.0%
-0.7%
Q2 24
5.0%
Q1 24
4.2%
-8.0%
EPS (diluted)
DRS
DRS
REAX
REAX
Q4 25
$0.38
Q3 25
$0.26
$0.00
Q2 25
$0.20
$0.01
Q1 25
$0.19
$-0.02
Q4 24
$0.34
Q3 24
$0.21
$-0.01
Q2 24
$0.14
Q1 24
$0.11
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DRS
DRS
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$647.0M
$38.7M
Total DebtLower is stronger
$321.0M
Stockholders' EquityBook value
$2.7B
$53.6M
Total Assets
$4.5B
$145.2M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRS
DRS
REAX
REAX
Q4 25
$647.0M
Q3 25
$309.0M
$38.7M
Q2 25
$278.0M
$49.7M
Q1 25
$380.0M
$24.7M
Q4 24
$598.0M
Q3 24
$198.0M
$22.6M
Q2 24
$149.0M
Q1 24
$160.0M
$20.1M
Total Debt
DRS
DRS
REAX
REAX
Q4 25
$321.0M
Q3 25
$326.0M
Q2 25
$331.0M
Q1 25
$335.0M
Q4 24
$340.0M
Q3 24
$345.0M
Q2 24
$351.0M
Q1 24
$356.0M
Stockholders' Equity
DRS
DRS
REAX
REAX
Q4 25
$2.7B
Q3 25
$2.6B
$53.6M
Q2 25
$2.6B
$49.2M
Q1 25
$2.6B
$32.8M
Q4 24
$2.6B
Q3 24
$2.5B
$29.8M
Q2 24
$2.4B
Q1 24
$2.4B
$25.6M
Total Assets
DRS
DRS
REAX
REAX
Q4 25
$4.5B
Q3 25
$4.2B
$145.2M
Q2 25
$4.1B
$149.4M
Q1 25
$4.1B
$100.5M
Q4 24
$4.2B
Q3 24
$3.9B
$102.5M
Q2 24
$3.8B
Q1 24
$3.8B
Debt / Equity
DRS
DRS
REAX
REAX
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.13×
Q3 24
0.14×
Q2 24
0.15×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DRS
DRS
REAX
REAX
Operating Cash FlowLast quarter
$425.0M
$8.8M
Free Cash FlowOCF − Capex
$376.0M
$8.4M
FCF MarginFCF / Revenue
35.5%
1.5%
Capex IntensityCapex / Revenue
4.6%
0.1%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$227.0M
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRS
DRS
REAX
REAX
Q4 25
$425.0M
Q3 25
$107.0M
$8.8M
Q2 25
$-28.0M
$41.0M
Q1 25
$-138.0M
$15.9M
Q4 24
$443.0M
Q3 24
$59.0M
$7.2M
Q2 24
$34.0M
Q1 24
$-265.0M
$21.5M
Free Cash Flow
DRS
DRS
REAX
REAX
Q4 25
$376.0M
Q3 25
$77.0M
$8.4M
Q2 25
$-56.0M
$40.8M
Q1 25
$-170.0M
$15.7M
Q4 24
$414.0M
Q3 24
$47.0M
$6.8M
Q2 24
$0
Q1 24
$-275.0M
$21.4M
FCF Margin
DRS
DRS
REAX
REAX
Q4 25
35.5%
Q3 25
8.0%
1.5%
Q2 25
-6.8%
7.5%
Q1 25
-21.3%
4.4%
Q4 24
42.2%
Q3 24
5.8%
1.8%
Q2 24
0.0%
Q1 24
-40.0%
10.7%
Capex Intensity
DRS
DRS
REAX
REAX
Q4 25
4.6%
Q3 25
3.1%
0.1%
Q2 25
3.4%
0.0%
Q1 25
4.0%
0.1%
Q4 24
3.0%
Q3 24
1.5%
0.1%
Q2 24
4.5%
Q1 24
1.5%
0.0%
Cash Conversion
DRS
DRS
REAX
REAX
Q4 25
4.17×
Q3 25
1.49×
Q2 25
-0.52×
27.13×
Q1 25
-2.76×
Q4 24
4.98×
Q3 24
1.04×
Q2 24
0.89×
Q1 24
-9.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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