Leonardo DRS (DRS) Cost of Revenue (2020 - 2026)

Leonardo DRS (DRS) posted Cost of Revenue of $634.0 million for Q1 2026, down 19.85% quarter-over-quarter from $791.0 million in Q4 2025, and up 2.59% year-on-year from $618.0 million in Q1 2025.

Leonardo DRS (DRS) Cost of Revenue (2020 - 2026) Analysis & Trends

Leonardo DRS (DRS) has reported Cost of Revenue for 7 consecutive years, with $634.0 million the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $634.0 million, up 2.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.8 billion (up 8.29% YoY), and the FY2025 annual result was $2.8 billion, up 11.25% from the prior year.
  • Cost of Revenue was $634.0 million for Q1 2026 at Leonardo DRS, down from $791.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $791.0 million in Q4 2025 and troughed at $438.0 million in Q1 2023.
  • Average Cost of Revenue over 5 years is $600.4 million, with a median of $618.0 million recorded in 2025.
  • Year-over-year, Cost of Revenue retreated 14.43% in 2022 and gained 22.15% in 2024.
  • Over 5 years, Cost of Revenue stood at $636.0 million in 2022, then climbed by 12.58% to $716.0 million in 2023, then climbed by 4.19% to $746.0 million in 2024, then climbed by 6.03% to $791.0 million in 2025, then dropped by 19.85% to $634.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $634.0 million in Q1 2026, $791.0 million in Q4 2025, and $738.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 19.67 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 13.00 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 4.40 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 15.94 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 1.46 Bn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.03 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 6.43 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 123.86 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 4.34 Bn
10 Leonardo DRS 128.07 Mn -199.93 Mn 212.00 Mn 634.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 634.00 Mn
Mar 31, 2026 634.00 Mn
Dec 31, 2025 791.00 Mn
Dec 31, 2025 791.00 Mn
Sep 30, 2025 738.00 Mn
Sep 30, 2025 738.00 Mn
Jun 30, 2025 632.00 Mn
Jun 30, 2025 632.00 Mn
Mar 31, 2025 618.00 Mn
Mar 31, 2025 618.00 Mn
Dec 31, 2024 746.00 Mn
Dec 31, 2024 746.00 Mn
Sep 30, 2024 633.00 Mn
Sep 30, 2024 633.00 Mn
Jun 30, 2024 584.00 Mn
Jun 30, 2024 584.00 Mn
Mar 31, 2024 535.00 Mn
Mar 31, 2024 535.00 Mn
Dec 31, 2023 716.00 Mn
Dec 31, 2023 716.00 Mn