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| Date | Value |
|---|---|
| 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 |