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Leonardo DRS, Inc. DRS Q2 2026 earnings

Reported July 30, 2026 · Before market open

Revenue$913.0MBeat by $9.7M
EPS$0.35Beat by $0.08
Revenue estimate$903.3M
EPS estimate$0.27
Leonardo DRS delivered an exceptional second quarter. Our results reflect disciplined execution and sustained demand for DRS's differentiated technologies. We captured over $1 billion in bookings, which increased funded backlog to record levels, drove double-digit organic revenue growth and meaningfully expanded margins and profitability. We are encouraged by our first half performance, which gives us the conviction to support increasing our full year guidance for Adjusted EBITDA and Adjusted Diluted EPS. Building on this momentum, the announced acquisition of Raft accelerates our multi-domain AI, data fusion and mission software position and reflects the disciplined capital deployment that underpins our long-term strategy. We are confident that our continued dedication to solving our customers' toughest challenges will drive consistent, profitable growth and create meaningful long-term value for our stockholders
John Baylouny

Next report

Oct 29, 2026 (in a month)
Revenue estimate$1.0B
EPS estimate$0.35

Valuation & ratios

Valuation

as of 09/17/26
See full
Market cap$9.9B-10.5%
Enterprise value$9.74B-12.5%
P/E34.1×-10.1×
P/S2.7×-0.6×

FAQ

When did Leonardo DRS, Inc. report Q2 2026 earnings?
Leonardo DRS, Inc. (DRS) reported Q2 2026 earnings on July 30, 2026 before market open.
What were Leonardo DRS, Inc.'s Q2 2026 revenue and EPS?
Leonardo DRS, Inc. reported revenue of $913.0M and eps of $0.35 for Q2 2026.
Did Leonardo DRS, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $903.3M by $9.7M. EPS beat the consensus estimate of $0.27 by $0.08.
How did Leonardo DRS, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 10.1% from $829.0M a year earlier and eps grew 52.2% from $0.23.
Where can I find Leonardo DRS, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001833756-26-000034) and the 10-Q periodic report (0001833756-26-000040) directly on SEC EDGAR. The filing index links above go to sec.gov.