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DRS logoLeonardo DRS, Inc. (DRS) Earnings History

Annual and quarterly earnings data from 2005 to 2025

TTM Net Income
$290M
Profitable
TTM EPS
$1.08
Diluted
YoY EPS Growth
+28.7%
Excellent
Net Margin
7.6%
Profitability
Operating Margin9.5%
Gross Margin23.2%
ROE10.5%
ROA6.3%
Highest Annual Net Income$405M (2022)
Highest Quarterly EPS$1.92 (Q3 2022)
Consecutive Profitable Years10 years
Q1 2026
Net Income$62M
EPS$0.23
QoQ Growth-39.2%Declining

Loading earnings history...

DRS EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+28.7%
Excellent
3-Year
-18.2%
Declining
5-Year
+12.6%
Strong
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

DRS Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202523.2%9.5%7.6%
202422.8%9.1%6.6%
202322.9%8.2%5.9%
202221.4%20.8%15.0%
202119.0%8.2%5.3%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Leonardo DRS, Inc. (DRS) Earnings Overview

As of May 8, 2026, Leonardo DRS, Inc. (DRS) reported trailing twelve-month net income of $290M, reflecting +28.7% year-over-year growth. The company earned $1.08 per diluted share over the past four quarters, with a net profit margin of 7.6%.

Looking at the long-term picture, DRS's 5-year EPS compound annual growth rate (CAGR) stands at +12.6%, showing solid earnings momentum. The company achieved its highest annual net income of $405M in fiscal 2022.

Leonardo DRS, Inc. maintains positive profitability with a gross margin of 23.2%, operating margin of 9.5%, and net margin of 7.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including MRCY (-$14M net income, -4.2% margin), KTOS ($29M net income, 1.6% margin), HEI ($713M net income, 15.4% margin), DRS has outperformed on profitability metrics. Compare DRS vs MRCY →

DRS Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
DRS logoDRSCurrent
$290M$1.087.6%10.5%+28.7%—
MRCY logoMRCY
-$14M$-0.24-4.2%-2.6%+72.7%
KTOS logoKTOS
$29M$0.161.6%1.3%+18.2%
HEI logoHEI
$713M$5.0515.4%17.1%+33.5%
CW logoCW
$511M$13.7913.8%19.4%+22.0%
ASGN logoASGN
$114M$2.662.9%6.3%-32.1%
Best in group
Lowest in group

DRS Historical Earnings Data (2005–2025)

10 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$278M+30.5%$348M$1.037.6%9.5%
2024$213M+26.8%$293M$0.806.6%9.1%
2023$168M-58.5%$231M$0.645.9%8.2%
2022$405M+163.0%$561M$1.8815.0%20.8%
2021$154M+81.2%$236M$1.065.3%8.2%
2020$85M+13.3%$181M$0.573.1%6.5%
2019$75M-54.8%$163M$0.522.8%6.0%
2007$166M+30.5%$360M$2.005.0%10.9%
2006$127M+55.9%$312M$6.234.5%11.0%
2005$81M-$193M$15.994.7%11.1%

Full DRS Stock Analysis

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Compare DRS vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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DRS — Frequently Asked Questions

Quick answers to the most common questions about buying DRS stock.

Is DRS growing earnings?

DRS EPS is $1.08, with earnings growth accelerating to +28.7%. This exceeds the 5-year CAGR of +12.6%. TTM net income reached $290M.

What are DRS's profit margins?

Leonardo DRS, Inc. net margin is +7.6%, with operating margin at +9.5%. Margins sit within typical range for the sector.

How consistent are DRS's earnings?

DRS earnings data spans 2005-2025. The accelerating earnings trend is +28.7% YoY. Historical data enables comparison across business cycles.

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DRS Earnings Over Time (2005–2025)

Net income and EPS trends