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Change in AR at other companies

General Dynamics logo
General DynamicsGD
-$152M-148%
L3Harris Technologies logo
L3Harris TechnologiesLHX
$623M+39.4%
Northrop Grumman logo
Northrop GrummanNOC
$431M-20.5%
CACI International logo
CACI InternationalCACI
-$51.26M-421%
TTM Technologies logo
TTM TechnologiesTTMI
$54.34M+14.1%
Acuity Brands logo
Acuity BrandsAYI
-$28M-11.1%

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:IncreaseDecreaseInAccountsReceivable.

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 change in AR?
Leonardo DRS, Inc. (DRS) reported change in AR of -$10M in Q1 2026.
How has Leonardo DRS, Inc.'s change in AR changed year-over-year?
Leonardo DRS, Inc.'s change in AR decreased by 1100.0% year-over-year, from $1M to -$10M.
What is the long-term trend for Leonardo DRS, Inc.'s change in AR?
Over 3 years (2021 to 2025), Leonardo DRS, Inc.'s change in AR has grown at a 14.5% compound annual growth rate (CAGR), from $54M to $81M.
What does change in AR mean?
The change in cash owed to the company by its customers.
How do you interpret change in AR?
A consistent increase may signal collection issues or extended payment terms, while a decrease suggests efficient cash conversion from sales.
How does change in AR compare across companies?
Crucial for defense contractors, where payment milestones are often tied to complex government contract delivery schedules.