Leonardo DRS, Inc. (DRS) FY2026 Q2 P&L / Income Statement

2026-04-01 to 2026-06-30

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Leonardo DRS, Inc. (DRS) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETAdvanced Sensing And Computing SegmentIntegrated Mission Systems SegmentRevenuesRevenue before reconciliation (calculated)Advanced Sensing And Computing SegmentIntegrated Mission Systems SegmentGross profitCost of revenuesOperating earningsOperating expenses (calculated)General and administrative expensesAmortization of acquired intangible assetsEarnings before taxesOther income (expense), net (calculated)Net earningsIncome tax provisionRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$920.00 MRevenuesRevenues$913.00 MGross profitGross profit$237.00 MOperating earningsOperating earnings$102.00 MEarnings before taxesEarnings before taxes$100.00 MNet earningsNet earnings$86.00 MOperating expenses (calculated)Operating expenses(calculated)$135.00 MAdvanced Sensing And Computing SegmentASC$587.00 MIncome tax provisionIncome taxes$14.00 MCost of revenuesCost of revenues$676.00 MGeneral and administrative expensesGeneral andadministrative expenses$129.00 MOther income (expense), net (calculated)Other income,net (calculated)−$2.00 MAmortization of acquired intangible assetsAmortization of acquiredintangible assets$6.00 MIntegrated Mission Systems SegmentIMS$333.00 MAdvanced Sensing And Computing SegmentAdvanced Sensing AndComputing Segment−$6.00 MIntegrated Mission Systems SegmentIntegrated MissionSystems Segment−$1.00 M
Chart details

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.
Leonardo DRS, Inc. (DRS) FY2026 Q2 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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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