Company Analysis

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.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedFeb 27, 2026Mar 3, 2025Feb 28, 2024Mar 28, 2023Mar 28, 2022··
Revenue3,6483,2342,8262,6932,8792,7782,714
Cost of revenue2,7792,4982,1782,1182,3322,2842,255
Gross profit869736648575547494459
Research and development129928258484131
General and administrative497414384357293283277
Operating income348293231561236181163
Interest expense·213634356465
Interest income (expense), net-8-21-36····
Share of profit of equity-method investments···1232
Other income (expense), net-4-8-3-2-1-5-3
Income before income taxes33626419252520011295
Income tax expense585124120462720
Net income2782131684051548575
Net income to common shareholders27821316840515485·
Earnings per share, basic1.050.810.641.880.73r0.40r0.52
Earnings per share, diluted1.030.800.641.880.73r0.40r0.52
Weighted average shares, basic265.9263.7261.5r214.9r210.0210.0·
Weighted average shares, diluted268.7267.7264.2r215.1r210.0210.0·
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 soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton DRS · research, not advice