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Leonardo DRS, Inc. DRS ASC — Total depreciation

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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$11.91B+8.3%
Enterprise value$11.75B+6.1%
P/E41.1×-2.9×
P/S3.2×0.0×

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:Depreciation.

The source filing: Leonardo DRS, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001833756-26-000025
(Dollars in millions)Three Months Ended March 31, 20262025
ASC$13$12
IMS66
Total depreciation$19$18

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Leonardo DRS, Inc.'s ASC — total depreciation?
Leonardo DRS, Inc. (DRS) reported ASC — total depreciation of $13M in Q1 2026.
How has Leonardo DRS, Inc.'s ASC — total depreciation changed year-over-year?
Leonardo DRS, Inc.'s ASC — total depreciation increased by 8.3% year-over-year, from $12M to $13M.
What is the long-term trend for Leonardo DRS, Inc.'s ASC — total depreciation?
Over 4 years (2021 to 2025), Leonardo DRS, Inc.'s ASC — total depreciation has grown at a 10.4% compound annual growth rate (CAGR), from $33M to $49M.
What does ASC — total depreciation mean?
The non-cash expense representing the allocation of the cost of tangible assets, such as machinery and equipment, used by the Advanced Sensing and Computing segment over their useful lives. It reflects the wear and tear of physical capital used in production.

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