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Leonardo DRS, Inc. DRS Change in Deferred Revenue

Change in Deferred Revenue at other companies

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General DynamicsGD
$764M+5,777%
Raytheon Technologies logo
Raytheon TechnologiesRTX
$94M-74.8%
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L3Harris TechnologiesLHX
$461M+2,981%
Lockheed Martin logo
Lockheed MartinLMT
-$705M-67.9%
Northrop Grumman logo
Northrop GrummanNOC
-$389M-8.7%
Curtiss-Wright logo
Curtiss-WrightCW
$8.63M+168%

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:IncreaseDecreaseInContractWithCustomerLiability.

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 deferred revenue?
Leonardo DRS, Inc. (DRS) reported change in deferred revenue of $55M in Q1 2026.
How has Leonardo DRS, Inc.'s change in deferred revenue changed year-over-year?
Leonardo DRS, Inc.'s change in deferred revenue decreased by 19.1% year-over-year, from $68M to $55M.
What does change in deferred revenue mean?
The net change in payments received from customers for work not yet completed.
How do you interpret change in deferred revenue?
An increase is a positive indicator of future revenue growth and strong customer demand, while a decrease suggests the recognition of previously deferred revenue.
How does change in deferred revenue compare across companies?
Highly relevant for defense firms with long-cycle contract backlogs; indicates future revenue visibility.