The financials
Leonardo DRS, Inc. by the numbers
Leonardo DRS, Inc. (DRS) reported revenue of $846M in Q1 2026 (quarter ended March 31, 2026), up 5.9% from the same quarter a year earlier. That came with a gross margin of 25% and net income of $62M (7.3% of revenue). For the full year FY2025, revenue was $3.65B (+13% year on year) and net income $278M. Its largest segment in 2026-Q2 was Advanced Sensing And Computing at $487M, 61% of the disclosed total, just ahead of Integrated Mission Systems at 39%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $846M | $799M | +5.9% |
| Gross profit | $212M | $181M | +17% |
| Operating income | $77M | $59M | +31% |
| Net income | $62M | $50M | +24% |
| Diluted EPS | $0.23 | $0.19 | +21% |
| Operating | Revenue | Share |
|---|---|---|
| Advanced Sensing And Computing | $487M | 61% |
| Integrated Mission Systems | $317M | 39% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $804.0M (+7.5%)
Integrated Mission Systems grew +7.1% year on yearAdvanced Sensing And Computing +4.7% year on year
Segment Latestquarter on quarteryear on year
- Advanced Sensing And Computing$487.0M$487.0MQoQ +3.4%year on year +4.7%+3.4%+4.7%
- Integrated Mission Systems$317.0M$317.0MQoQ +14%year on year +7.1%+14%+7.1%
Aerospace & Defense
Ranks #32 of 48 by Smart Score