Leonardo DRS, Inc.
DRS Industrials Aerospace & Defense
Leonardo DRS, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 12.8% from fiscal 2024.
- Revenue
- +11.0%
- EPS
- +59.6%
- Free cash flow
- −24.7%
- Total debt
- −50.0%
Quarter to September 2026, against a year earlier
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Leonardo DRS, Inc. (DRS) Gross margin
Leonardo DRS, Inc.'s gross margin over the twelve months to 30 September 2026 was 25.3%, up 1.4 percentage points from fiscal 2025 (23.8%). Over the past ten years it has ranged from 11.3% (fiscal 2016) to 37.2% (fiscal 2020); the current reading is higher than 64% of that period. That is in line with the Aerospace & Defense industry median of 26.0% and below the Industrials sector median of 30.7%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 23.8% | 1.06 |
| FY2024 | 22.8% | (0.17) |
| FY2023 | 22.9% | 1.58 |
| FY2022 | 21.4% | 2.35 |
| FY2021 | 19.0% | (18.18) |
| FY2020 | 37.2% | 1.23 |
| FY2019 | 36.0% | (0.49) |
| FY2018 | 36.4% | 4.88 |
| FY2017 | 31.6% | 20.31 |
| FY2016 | 11.3% | (5.87) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 24.7% | (1.29) |
| Jun 2026 | 26.0% | 0.90 |
| Mar 2026 | 25.1% | (0.32) |
| Dec 2025 | 25.4% | 2.25 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| LOAR Loar Holdings Inc. compare | 52.2% |
| MOG.A Moog Inc. compare | 28.2% |
| DRS Leonardo DRS, Inc. | 25.3% |
| KTOS Kratos Defense & Security Solutions, Inc. compare | 23.0% |
| EMBJ Embraer-Empresa Brasileira de Aeronautica compare | 17.9% |
| TXT Textron Inc. compare | 17.7% |
| SARO StandardAero, Inc. compare | 15.1% |
| HII Huntington Ingalls Industries, Inc. compare | 12.7% |
| BWXT BWX Technologies, Inc. compare | 0.00% |
| Aerospace & Defense industry median | 26.0% |
| Industrials sector median | 30.7% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on DRS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement