What is Leonardo DRS, Inc.'s prepaid expenses?

Leonardo DRS, Inc. (DRS) reported prepaid expenses of $27M in Q1 2026.

How has Leonardo DRS, Inc.'s prepaid expenses changed year-over-year?

Leonardo DRS, Inc.'s prepaid expenses decreased by 3.6% year-over-year, from $28M to $27M.

What is the long-term trend for Leonardo DRS, Inc.'s prepaid expenses?

Over 5 years (2020 to 2025), Leonardo DRS, Inc.'s prepaid expenses has grown at a -4.7% compound annual growth rate (CAGR), from $33M to $26M.

Leonardo DRS, Inc. DRS Prepaid expenses

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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:PrepaidExpenseCurrent.

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 prepaid expenses?: Leonardo DRS, Inc. (DRS) reported prepaid expenses of $27M in Q1 2026.
How has Leonardo DRS, Inc.'s prepaid expenses changed year-over-year?: Leonardo DRS, Inc.'s prepaid expenses decreased by 3.6% year-over-year, from $28M to $27M.
What is the long-term trend for Leonardo DRS, Inc.'s prepaid expenses?: Over 5 years (2020 to 2025), Leonardo DRS, Inc.'s prepaid expenses has grown at a -4.7% compound annual growth rate (CAGR), from $33M to $26M.