Leonardo DRS, Inc. (DRS)
Nasdaq: DRS · Search, Detection, Navigation, Guidance, Aeronautical Sys · Arlington, VA · filing with the SEC since 2020
Grade4.7
◀ Past 4.4● Present 4.8▶ Future 5.0
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Report filed | Feb 27, 2026 | Mar 3, 2025 | Feb 28, 2024 | Mar 28, 2023 | Mar 28, 2022 | · | · |
| Revenue | 3,648 | 3,234 | 2,826 | 2,693 | 2,879 | 2,778 | 2,714 |
| Cost of revenue | 2,779 | 2,498 | 2,178 | 2,118 | 2,332 | 2,284 | 2,255 |
| Gross profit | 869 | 736 | 648 | 575 | 547 | 494 | 459 |
| Research and development | 129 | 92 | 82 | 58 | 48 | 41 | 31 |
| General and administrative | 497 | 414 | 384 | 357 | 293 | 283 | 277 |
| Operating income | 348 | 293 | 231 | 561 | 236 | 181 | 163 |
| Interest expense | · | 21 | 36 | 34 | 35 | 64 | 65 |
| Interest income (expense), net | -8 | -21 | -36 | · | · | · | · |
| Share of profit of equity-method investments | · | · | · | 1 | 2 | 3 | 2 |
| Other income (expense), net | -4 | -8 | -3 | -2 | -1 | -5 | -3 |
| Income before income taxes | 336 | 264 | 192 | 525 | 200 | 112 | 95 |
| Income tax expense | 58 | 51 | 24 | 120 | 46 | 27 | 20 |
| Net income | 278 | 213 | 168 | 405 | 154 | 85 | 75 |
| Net income to common shareholders | 278 | 213 | 168 | 405 | 154 | 85 | · |
| Earnings per share, basic | 1.05 | 0.81 | 0.64 | 1.88 | 0.73r | 0.40r | 0.52 |
| Earnings per share, diluted | 1.03 | 0.80 | 0.64 | 1.88 | 0.73r | 0.40r | 0.52 |
| Weighted average shares, basic | 265.9 | 263.7 | 261.5r | 214.9r | 210.0 | 210.0 | · |
| Weighted average shares, diluted | 268.7 | 267.7 | 264.2r | 215.1r | 210.0 | 210.0 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding