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Leonardo DRS, Inc. DRS Operating Lease Liabilities (Current)

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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:OperatingLeaseLiabilityCurrent.

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 operating lease liabilities (current)?
Leonardo DRS, Inc. (DRS) reported operating lease liabilities (current) of $29M in Q1 2026.
How has Leonardo DRS, Inc.'s operating lease liabilities (current) changed year-over-year?
Leonardo DRS, Inc.'s operating lease liabilities (current) increased by 7.4% year-over-year, from $27M to $29M.
What is the long-term trend for Leonardo DRS, Inc.'s operating lease liabilities (current)?
Over 5 years (2020 to 2025), Leonardo DRS, Inc.'s operating lease liabilities (current) has grown at a 4.9% compound annual growth rate (CAGR), from $22M to $28M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within the next year.
How do you interpret operating lease liabilities (current)?
An increase suggests higher short-term cash commitments, while a decrease indicates reduced lease obligations or lease expirations.
How does operating lease liabilities (current) compare across companies?
Standard for companies with significant real estate or equipment leasing footprints, common in manufacturing and defense.