Leonardo DRS, Inc. (DRS) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Business Segment
2026-04-01 to 2026-06-30
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Leonardo DRS, Inc. (DRS) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 913,000,000 US dollars
- Cost of revenues
- 676,000,000 US dollars
- Gross profit
- 237,000,000 US dollars
- Operating expenses (calculated)
- 135,000,000 US dollars
- Operating earnings
- 102,000,000 US dollars
- Other income (expense), net (calculated)
- negative 2,000,000 US dollars
- Earnings before taxes
- 100,000,000 US dollars
- Income tax provision
- 14,000,000 US dollars
- Net earnings
- 86,000,000 US dollars
- Advanced Sensing And Computing Segment
- 587,000,000 US dollars
- Integrated Mission Systems Segment
- 333,000,000 US dollars
- General and administrative expenses
- 129,000,000 US dollars
- Amortization of acquired intangible assets
- 6,000,000 US dollars
- Revenue before reconciliation (calculated)
- 920,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Advanced Sensing And Computing Segment
- negative 6,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Integrated Mission Systems Segment
- negative 1,000,000 US dollars. Reported reconciliation to consolidated revenue.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
26.0%
Gross profit / revenue
Operating margin
11.2%
Operating profit / revenue
Cash conversion
40.7%
Operating cash / net income, same period
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