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| 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 |