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Leonardo DRS, Inc. DRS IMS — Acquired Intangible Amortization

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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:AmortizationOfIntangibleAssets.

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
Total company-funded independent research and development$31$28
Amortization of acquired intangible assets
ASC$5$5
IMS
Corporate & Eliminations
Total amortization of acquired intangible assets$5$5
Operating earnings
ASC$40$25

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Leonardo DRS, Inc.'s IMS — acquired intangible amortization?
Leonardo DRS, Inc. (DRS) reported IMS — acquired intangible amortization of $0 in Q1 2026.
What does IMS — acquired intangible amortization mean?
The non-cash expense recognized over time to account for the consumption of intangible assets acquired through business combinations. This reflects the historical cost of acquiring intellectual property or customer relationships within the segment.

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