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Leonardo DRS, Inc. DRS Accrued Expenses

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Other financials

Income statement

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Revenue$846.0M+5.9%
Gross profit$212.0M+17.1%
Operating income$77.0M+30.5%
Net income$62.0M+24.0%
EPS (diluted)$0.23+21.1%

Balance sheet

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Cash & equivalents$328.0M-13.7%
Total debt$170.0M-53.7%
Total equity$2.8B+7.7%
Total assets$4.2B+2.8%

Cash flow

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Operating cash flow-$66.0M+52.2%
CapEx$30.0M-6.3%
Free cash flow-$96.0M+43.5%

Valuation

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Market cap$12.29B+35.8%
Enterprise value$12.13B+34.1%
P/E42.4×+3.7×
P/S3.3×+0.6×

Profitability

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Gross margin24.4%+1.5pp
Operating margin9.9%+0.7pp
Net margin7.8%+0.9pp
FCF margin8.1%

Returns & leverage

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Return on equity10.9%+1.4pp
Debt / equity0.1×-0.1×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Leonardo DRS, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The official record: Leonardo DRS, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Leonardo DRS, Inc.'s accrued expenses?
Leonardo DRS, Inc. (DRS) reported accrued expenses of $267M in Q1 2026.
How has Leonardo DRS, Inc.'s accrued expenses changed year-over-year?
Leonardo DRS, Inc.'s accrued expenses increased by 14.1% year-over-year, from $234M to $267M.
What is the long-term trend for Leonardo DRS, Inc.'s accrued expenses?
Over 5 years (2020 to 2025), Leonardo DRS, Inc.'s accrued expenses has grown at a 0.1% compound annual growth rate (CAGR), from $267M to $269M.
What does accrued expenses mean?
Expenses that have been incurred but not yet paid for.
How do you interpret accrued expenses?
Significant fluctuations may indicate changes in operational scale or timing of periodic payments like bonuses or tax settlements.
How does accrued expenses compare across companies?
Standard accounting practice; levels are generally proportional to the size of the company's workforce and operational activity.