Leonardo DRS (DRS) Free Cash Flow (2020 - 2026)
Leonardo DRS's (DRS) quarterly Free Cash Flow came in at $6.0 million in Q2 2026, up 110.71% YoY from $2.8 million in Q2 2025, and up 106.25% on a QoQ basis from -$96.0 million in Q1 2026.
Leonardo DRS (DRS) Free Cash Flow (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has 7 years of Free Cash Flow data on file, last reported at $6.0 million in Q2 2026.
- Quarterly Free Cash Flow rose 110.71% year-over-year to $6.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $363.0 million (up 54.47% YoY) and the FY2025 annual result came in at $227.0 million, up 22.04% from the prior year.
- Free Cash Flow rose to $6.0 million in Q2 2026, from -$96.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $497.0 million in Q4 2023 to a low of -$349.0 million in Q1 2023.
- A 5-year average of $25.6 million and a median of $6.0 million in 2026 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 134.43% in 2023, down 271.43% in 2023.
- Tracing DRS's Free Cash Flow over 5 years: stood at $249.0 million in 2022, then soared by 99.6% to $497.0 million in 2023, then fell by 16.7% to $414.0 million in 2024, then retreated by 9.18% to $376.0 million in 2025, then slumped by 98.4% to $6.0 million in 2026.
- The last three Free Cash Flow figures came in at $6.0 million (Q2 2026), -$96.0 million (Q1 2026), and $376.0 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 2.92 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 2.88 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 631.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 2.92 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 479.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 1.65 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 978.00 Mn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 650.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | -972,000.00 |
| 10 | Leonardo DRS | 10.86 Bn | 10.59 Bn | 237.00 Mn | 6.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Mn |
| Jun 30, 2026 | 6.00 Mn |
| Mar 31, 2026 | -62.00 Mn |
| Mar 31, 2026 | -62.00 Mn |
| Dec 31, 2025 | 376.00 Mn |
| Dec 31, 2025 | 376.00 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Sep 30, 2025 | 77.00 Mn |
| Jun 30, 2025 | -56.00 Mn |
| Jun 30, 2025 | -56.00 Mn |
| Mar 31, 2025 | -170.00 Mn |
| Mar 31, 2025 | -170.00 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 47.00 Mn |
| Sep 30, 2024 | 47.00 Mn |
| Mar 31, 2024 | -275.00 Mn |
| Mar 31, 2024 | -275.00 Mn |
| Dec 31, 2023 | 442.00 Mn |
| Dec 31, 2023 | 442.00 Mn |