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

- Company: Leonardo DRS, Inc. (DRS)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0001833756-26-000040
- Page: https://plicit.ai/financials/drs/fy2026-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/drs-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Basis of Pricing

Income statement for 2026-01-01 through 2026-06-30. View: Segments by Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 1,759,000,000 US dollars
- **Cost of revenues**: 1,310,000,000 US dollars
- **Gross profit**: 449,000,000 US dollars
- **Operating expenses (calculated)**: 270,000,000 US dollars
- **Operating earnings**: 179,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 2,000,000 US dollars
- **Earnings before taxes**: 177,000,000 US dollars
- **Income tax provision**: 29,000,000 US dollars
- **Net earnings**: 148,000,000 US dollars
- **Advanced Sensing And Computing Segment - Fixed-price**: 1,009,000,000 US dollars
- **Advanced Sensing And Computing Segment - Flexibly Priced**: 124,000,000 US dollars
- **Integrated Mission Systems Segment - Fixed-price**: 504,000,000 US dollars
- **Integrated Mission Systems Segment - Flexibly Priced**: 122,000,000 US dollars
- **General and administrative expenses**: 259,000,000 US dollars
- **Amortization of acquired intangible assets**: 11,000,000 US dollars

### 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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/drs/fy2026-ytd-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/drs-fy2026-ytd-q2-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 1,759,000,000 US dollars
- **Cost of revenues**: 1,310,000,000 US dollars
- **Gross profit**: 449,000,000 US dollars
- **Operating expenses (calculated)**: 270,000,000 US dollars
- **Operating earnings**: 179,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 2,000,000 US dollars
- **Earnings before taxes**: 177,000,000 US dollars
- **Income tax provision**: 29,000,000 US dollars
- **Net earnings**: 148,000,000 US dollars
- **Advanced Sensing And Computing Segment**: 1,146,000,000 US dollars
- **Integrated Mission Systems Segment**: 628,000,000 US dollars
- **General and administrative expenses**: 259,000,000 US dollars
- **Amortization of acquired intangible assets**: 11,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 1,774,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Advanced Sensing And Computing Segment**: negative 13,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Integrated Mission Systems Segment**: negative 2,000,000 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.

## Chart details: Revenue by Business Segment by Geography

- Page: https://plicit.ai/financials/drs/fy2026-ytd-q2-income-statement/revenue-by-business-segment-by-geography
- Chart image: https://plicit.ai/charts/drs-fy2026-ytd-q2-revenue-by-business-segment-by-geography-sankey.png

Income statement for 2026-01-01 through 2026-06-30. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 1,759,000,000 US dollars
- **Cost of revenues**: 1,310,000,000 US dollars
- **Gross profit**: 449,000,000 US dollars
- **Operating expenses (calculated)**: 270,000,000 US dollars
- **Operating earnings**: 179,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 2,000,000 US dollars
- **Earnings before taxes**: 177,000,000 US dollars
- **Income tax provision**: 29,000,000 US dollars
- **Net earnings**: 148,000,000 US dollars
- **Advanced Sensing And Computing Segment - UNITED STATES**: 958,000,000 US dollars
- **Advanced Sensing And Computing Segment - International**: 175,000,000 US dollars
- **Integrated Mission Systems Segment - UNITED STATES**: 594,000,000 US dollars
- **Integrated Mission Systems Segment - International**: 32,000,000 US dollars
- **General and administrative expenses**: 259,000,000 US dollars
- **Amortization of acquired intangible assets**: 11,000,000 US dollars

### 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.

## Chart details: Revenue by Business Segment by Sales Channel

- Page: https://plicit.ai/financials/drs/fy2026-ytd-q2-income-statement/revenue-by-business-segment-by-sales-channel
- Chart image: https://plicit.ai/charts/drs-fy2026-ytd-q2-revenue-by-business-segment-by-sales-channel-sankey.png

Income statement for 2026-01-01 through 2026-06-30. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 1,759,000,000 US dollars
- **Cost of revenues**: 1,310,000,000 US dollars
- **Gross profit**: 449,000,000 US dollars
- **Operating expenses (calculated)**: 270,000,000 US dollars
- **Operating earnings**: 179,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 2,000,000 US dollars
- **Earnings before taxes**: 177,000,000 US dollars
- **Income tax provision**: 29,000,000 US dollars
- **Net earnings**: 148,000,000 US dollars
- **Advanced Sensing And Computing Segment - Prime contractor**: 505,000,000 US dollars
- **Advanced Sensing And Computing Segment - Subcontractor**: 628,000,000 US dollars
- **Integrated Mission Systems Segment - Prime contractor**: 116,000,000 US dollars
- **Integrated Mission Systems Segment - Subcontractor**: 510,000,000 US dollars
- **General and administrative expenses**: 259,000,000 US dollars
- **Amortization of acquired intangible assets**: 11,000,000 US dollars

### 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.