Leonardo DRS (DRS) Free Cash Flow (2020 - 2026)
Leonardo DRS (DRS) reported Free Cash Flow of -$96.0 million for Q1 2026, up 43.53% on a YoY basis from -$66.9 million in Q1 2025, and down 125.53% quarter-over-quarter from $376.0 million in Q4 2025.
Leonardo DRS (DRS) Free Cash Flow (2020 - 2026) Analysis & Trends
Leonardo DRS has reported Free Cash Flow for 7 years, with the latest figure at -$96.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 43.53% year-over-year to -$96.0 million; the trailing twelve-month figure through Mar 2026 stood at $301.0 million (up 3.44% YoY), and the FY2025 full-year result was $227.0 million, up 22.04% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$96.0 million, down from $376.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $497.0 million in Q4 2023, with the low at -$349.0 million in Q1 2023.
- Historically, Free Cash Flow has averaged $26.9 million across 5 years, with a median of -$6.5 million in 2022.
- The largest YoY upside for Free Cash Flow was 223.53% in 2023 against a maximum downside of 700.0% in 2023.
- Leonardo DRS's Free Cash Flow 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 tumbled by 125.53% to -$96.0 million in 2026.
- The last three Free Cash Flow figures came in at -$96.0 million (Q1 2026), $376.0 million (Q4 2025), and $77.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -1.24 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 1.49 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 1.31 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | -1.45 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | -291.00 Mn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 359.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 1.95 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | -1.82 Bn |
| 10 | Leonardo DRS | 12.41 Bn | 12.08 Bn | 212.00 Mn | -96.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -96.00 Mn |
| Mar 31, 2026 | -96.00 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 | 497.00 Mn |
| Dec 31, 2023 | 497.00 Mn |
| Sep 30, 2023 | 21.00 Mn |
| Sep 30, 2023 | 21.00 Mn |