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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$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:InterestIncomeExpenseNonoperatingNet.

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 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?
The cost of borrowing money, usually paid to lenders or bondholders.
How do you interpret interest expense?
An increase suggests higher debt levels or rising interest rates, which may reduce net earnings and financial flexibility.
How does interest expense compare across companies?
Highly dependent on the company's credit rating and capital structure; peers with lower debt levels will show lower interest expenses.