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

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

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

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

  • For the quarter ending Q1 2026, Cost of Revenue rose 2.59% year-over-year to $634.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 billion (up 8.29% YoY), and the FY2025 full-year result was $2.8 billion, up 11.25% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $634.0 million, down from $791.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $791.0 million in Q4 2025, with the low at $438.0 million in Q1 2023.
  • Historically, Cost of Revenue has averaged $600.4 million across 5 years, with a median of $618.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Cost of Revenue declined 14.43% — and 2024, when it increased 22.15%.
  • Leonardo DRS's Cost of Revenue stood at $636.0 million in 2022, then rose by 12.58% to $716.0 million in 2023, then rose by 4.19% to $746.0 million in 2024, then rose by 6.03% to $791.0 million in 2025, then retreated by 19.85% to $634.0 million in 2026.
  • The last three Cost of Revenue figures came in at $634.0 million (Q1 2026), $791.0 million (Q4 2025), and $738.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.09 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 3.28 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 13.00 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 19.67 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 15.94 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 1.46 Bn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 4.40 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 6.43 Bn
10 Leonardo DRS 12.41 Bn 12.08 Bn 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