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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%

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:EarningsPerShareDiluted.

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, except per share amounts)Three Months Ended March 31, 20262025
Operating earnings7759
Interest expense, net(1)
Earnings before taxes7758
Income tax provision(15)(8)
Net earnings$62$50
Net earnings per share from common stock:
Basic earnings per share$0.23$0.19
Diluted earnings per share$0.23$0.19

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Leonardo DRS, Inc.'s EPS (diluted)?
Leonardo DRS, Inc. (DRS) reported EPS (diluted) of $0.23 in Q1 2026.
How has Leonardo DRS, Inc.'s EPS (diluted) changed year-over-year?
Leonardo DRS, Inc.'s EPS (diluted) increased by 21.1% year-over-year, from $0.19 to $0.23.
What is the long-term trend for Leonardo DRS, Inc.'s EPS (diluted)?
Over 4 years (2021 to 2025), Leonardo DRS, Inc.'s EPS (diluted) has grown at a 9.0% compound annual growth rate (CAGR), from $0.73 to $1.03.
What does EPS (diluted) mean?
Net income divided by the weighted-average number of shares outstanding plus all potentially dilutive securities (stock options, convertibles, warrants). The most conservative EPS measure.

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