Stocks Industrials DRS
NASDAQ · IndustrialsLeonardo DRS, Inc. (DRS)
Leonardo DRS, Inc. brought in $3.9B of revenue over the twelve months to September 30, 2026, up 8.9% from a year earlier. Net income was $365M, a net margin of 9.4%. Operating cash flow minus capital spending left $227M of free cash flow in fiscal 2025. At September 30, 2026 it held $294M in cash against $175M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Leonardo DRS, Inc.
- Net worth
- Leonardo DRS, Inc. has a market value (market cap) of $9.9B at the latest share price, and shareholders' equity of $2.9B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $3.6B (+12.8% year on year), with net income of $278M. Over the 12 months to September 30, 2026: revenue $3.9B, net income $365M.
- Cash flow
- In fiscal 2025 operations brought in $366M of cash; after $139M of capital spending, free cash flow was $227M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Leonardo DRS, Inc.'s next report is expected around February 23, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Leonardo DRS, Inc. paid dividends of $0.36 per share in fiscal 2025, a yield of 0.97% at the current price.
What Leonardo DRS, Inc. does
Leonardo DRS, Inc. is registered with the SEC under industry code SIC 3812 (Search, Detection, Navigation, Guidance, Aeronautical Sys). Its shares trade on NASDAQ under the ticker DRS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $3.6B | $278M | $1.03 | $227M |
| 2024 | $3.2B | $213M | $0.80 | $186M |
| 2023 | $2.8B | $168M | $0.64 | $145M |
| 2022 | $2.7B | $405M | $1.88 | -$32M |
| 2021 | $2.9B | $154M | $0.73 | $118M |
| 2021 | $2.8B | $85M | $0.40 | $69M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where DRS ranks in Industrials
Dividends
Leonardo DRS, Inc. paid $0.36 per share in fiscal 2025. At the current price that is a yield of 0.97%.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.36 | n/a | n/a |
| 2024 | n/a | $0 | 0% |
| 2023 | n/a | $0 | 0% |
| 2022 | n/a | $396M | 98% |
| 2021 | n/a | $0 | 0% |
| 2021 | n/a | $0 | 0% |
Latest SEC filings
What Leonardo DRS, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 11% to $1.1B versus the same quarter last year; diluted EPS $0.43 versus $0.26.
- October 29, 2026
- July 30, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 10% to $913M versus the same quarter last year; diluted EPS $0.32 versus $0.20.
- July 30, 2026
- July 28, 2026Other event 8-K
- July 17, 2026
- May 29, 2026
- May 14, 2026
- May 5, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 5.9% to $846M versus the same quarter last year; diluted EPS $0.23 versus $0.19.
- May 5, 2026
What is DRS worth? A DCF from its reported cash flow
Insider trades
What the people running Leonardo DRS, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $1.6M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 2, 2026 | Dippold MichaelEVP and CFO | Soldpre-planned (10b5-1) | 14,317 | $542.8K |
| September 30, 2026 | Townsend Frances FDirector | Exercised options | 1,006 | - |
| September 9, 2026 | Krieg Kenneth JDirector | Gave as a gift | 3,700 | - |
| September 4, 2026 | Dorfman MarkEVP, GC and Secretary | Soldpre-planned (10b5-1) | 7,471 | $276.5K |
| September 2, 2026 | Dippold MichaelEVP and CFO | Soldpre-planned (10b5-1) | 20,317 | $755.4K |
| August 4, 2026 | Rinsky JasonEVP Chief Tax and Treasury | Soldpre-planned (10b5-1) | 3,864 | $177K |
| July 7, 2026 | Rinsky JasonEVP Chief Tax and Treasury | Soldpre-planned (10b5-1) | 3,865 | $175.4K |
| June 30, 2026 | Townsend Frances FDirector | Exercised options | 1,006 | - |
Who owns DRS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
15 insiders reported holding 806,038 shares in total, about $29.8M at the last price.
| Holder | Shares |
|---|---|
| Lynn William IIIChief Executive Officer, Director | 312,382 |
| Baylouny JohnPresident and CEO, Director | 122,435 |
| Wallace SallyEVP, Chief Operating Officer | 57,053 |
| Townsend Frances FDirector | 36,894 |
| Gallagher Mary EDirector | 33,876 |
| Baker GailDirector | 33,876 |
| Casey GeorgeDirector | 32,376 |
| Dorfman MarkEVP, GC and Secretary | 29,271 |
| Krieg Kenneth JDirector | 27,576 |
| Jeffery Reuben IIIDirector | 25,649 |
Questions about DRS
What does Leonardo DRS, Inc. do?
Leonardo DRS, Inc. is a company in the Industrials sector, listed on NASDAQ as DRS. Its shares trade on NASDAQ under the ticker DRS.
What is Leonardo DRS, Inc.'s net worth?
Leonardo DRS, Inc. has a market value (market cap) of $9.9B at the latest share price, and shareholders' equity of $2.9B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Leonardo DRS, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $365M on revenue of $3.9B, a net margin of 9.4%.
How much revenue does Leonardo DRS, Inc. make?
Over the twelve months to September 30, 2026 Leonardo DRS, Inc. reported revenue of $3.9B. That is 8.9% more than a year earlier.
When did Leonardo DRS, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 3, 2026.
When is Leonardo DRS, Inc.'s next earnings report?
Leonardo DRS, Inc.'s next report is expected around February 23, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Leonardo DRS, Inc. pay a dividend?
Yes. Leonardo DRS, Inc. paid dividends of $0.36 per share in fiscal 2025, a yield of 0.97% at the current price.
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Where the numbers come from
Financial figures are the values Leonardo DRS, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.