Leonardo DRS is executing a compelling growth story, with revenue accelerating to 10.1% in 2026Q2 and gross margins expanding to 26.0% from 22.2% in 2024Q1, driven by a favorable mix shift toward proprietary naval systems. The company maintains a fortress bala...
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Revenue growth accelerated to 10.1% in 2026Q2, with gross margin expanding to 26.0% and operating margin reaching 11.2%, up from 6.2% in 2024Q1, reflecting strong operating leverage and a favorable product mix.
Leonardo DRS secured a place on the U.S. military's Advanced Technology Support Program V, an indefinite-delivery, indefinite-quantity engineering solutions contract.
The company delivered better-than-expected results, driven by its electronic propulsion system on the Columbia-class submarine platform and exposure to the Golden Dome missile defense initiative.
Leonardo DRS is pushing to remain competitive in higher-value, next-generation defense technologies, as highlighted by its inclusion on the 2026 Defense News Tech Disruptors List.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 30, 2026 | $0.35+28.3% vs $0.27 | $913M+1.1% vs $903M |
Q2 2026 May 5, 2026 | $0.26+23.8% vs $0.21 | $846M+2.5% vs $825M |
Q1 2026 Feb 24, 2026 | $0.42+13.5% vs $0.37 | $1.1B+6.5% vs $995M |
Q4 2025 Oct 29, 2025 | $0.29+3.6% vs $0.28 | $960M-3.7% vs $996M |
ARLINGTON, Va., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has entered into a contract with Doosan Enerbility to provide the electric propulsion system for the Republic of Korea Navy's KDDX destroyer program, the lead ship of which is being built by Hanwha Ocean.
ARLINGTON, Va., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that its Airborne and Intelligence Systems business unit has been awarded a $39.6 million contract by Naval Air Systems Command (NAVAIR) for the production and delivery of Joint Tactical Terminal Transceiver (JTT-X) units.
ARLINGTON, Va., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today that it has been awarded contracts totaling $96 million to provide critical electronics hardware for the MK 41 Vertical Launching System (VLS).
Leonardo DRS receives a Buy rating, driven by operational progress, robust upgrade cycles, and strong positioning in defense electronics and power systems. DRS's business model leverages installed hardware, recurring upgrade opportunities, and integration advantages, supporting durable revenue streams across multiple military platforms. Valuation reflects a growth premium—current multiples require sustained earnings improvement, with a 12-month target price of $43 offering 17% upside.
Benchmark DRS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Leonardo DRS, Inc. (DRS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $37.15 | $9.91B | 36.07 | 12.8% | 7.62% | 10.52% | 0.96% | |
| $83.88 | $5.04B | -167.76 | 7.85% | -3.02% | -2.01% | — | |
| $46.97 | $8.81B | 361.31 | 18.52% | 2.03% | 1.14% | — | |
| $307.77 | $42.88B | 62.81 | 16.26% | 16.38% | 16.57% | — | |
| $550.27 | $20.33B | 42.76 | 12.08% | 14.81% | 20.69% | — | |
| $32.27 | $1.38B | 12.41 | -2.91% | 2.09% | 4.58% | — |
Leonardo DRS, Inc. (DRS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Leonardo DRS, Inc. (DRS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
Jul 28, 2026·SEC
Jul 17, 2026·SEC
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Leonardo DRS, Inc. (DRS) stock FAQ — growth, dividends, profitability & financials explained
Leonardo DRS, Inc. (DRS) reported $3.78B in revenue for fiscal year 2025. This represents a 118% increase from $1.74B in 2005.
Leonardo DRS, Inc. (DRS) grew revenue by 12.8% over the past year. This is steady growth.
Yes, Leonardo DRS, Inc. (DRS) is profitable, generating $322.0M in net income for fiscal year 2025 (7.6% net margin).
Yes, Leonardo DRS, Inc. (DRS) pays a dividend with a yield of 0.96%. This makes it attractive for income-focused investors.
Leonardo DRS, Inc. (DRS) has a return on equity (ROE) of 10.5%. This is reasonable for most industries.
Leonardo DRS, Inc. (DRS) generated $363.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
