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Leonardo DRS, Inc. DRS Interest Expense

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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:InterestIncomeExpenseNonoperatingNet.

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
General and administrative expenses(130)(117)
Amortization of acquired intangible assets(5)(5)
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:

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Leonardo DRS, Inc.'s interest expense?
Leonardo DRS, Inc. (DRS) reported interest expense of $0 in Q1 2026.
How has Leonardo DRS, Inc.'s interest expense changed year-over-year?
Leonardo DRS, Inc.'s interest expense decreased by 100.0% year-over-year, from $1M to $0.
What is the long-term trend for Leonardo DRS, Inc.'s interest expense?
Over 4 years (2021 to 2025), Leonardo DRS, Inc.'s interest expense has grown at a -35.7% compound annual growth rate (CAGR), from $35M to -$6M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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