Leonardo DRS (DRS) Gross Margin (2020 - 2026)
Leonardo DRS's (DRS) quarterly Gross Margin came in at 25.96% in Q2 2026, up 219.0% on a YoY basis from 8.14% in Q2 2025, and up 3.59% quarter-over-quarter from 25.06% in Q1 2026.
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Leonardo DRS (DRS) Gross Margin (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has reported Gross Margin for 7 consecutive years, with 25.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 219.0% year-over-year to 25.96%; the trailing twelve-month figure through Jun 2026 stood at 24.87% (up 172.0% YoY), and the FY2025 full-year result was 23.82%, up 106.0% from the prior year.
- Gross Margin improved to 25.96% in Q2 2026 per DRS's latest filing, from 25.06% in the prior quarter.
- Across five years, Gross Margin topped out at 25.96% in Q2 2026 and bottomed at 20.26% in Q2 2022.
- Historically, Gross Margin has averaged 22.97% across 5 years, with a median of 22.85% in 2023.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 378 bps in 2022, then sank 100 bps in 2024.
- Over 5 years, Gross Margin stood at 22.44% in 2022, then grew by 1 bps to 22.68% in 2023, then climbed by 6 bps to 23.96% in 2024, then increased by 6 bps to 25.38% in 2025, then climbed by 2 bps to 25.96% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 25.96%, 25.06%, and 25.38% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.05 Bn | 117.26 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.42 Bn | 91.08 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 76.89 Bn | 76.18 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.90 Bn | 71.60 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.16 Bn | 44.64 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 33.30 Bn | 32.33 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.72 Bn | 27.38 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.78 Bn | 20.31 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.25 Bn | 15.50 Bn | 817.00 Mn | 17.92% |
| 10 | Leonardo DRS | 9.67 Bn | 9.40 Bn | 237.00 Mn | 25.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.96% |
| Mar 31, 2026 | 25.06% |
| Dec 31, 2025 | 25.38% |
| Sep 30, 2025 | 23.13% |
| Jun 30, 2025 | 23.76% |
| Mar 31, 2025 | 22.65% |
| Dec 31, 2024 | 23.96% |
| Sep 30, 2024 | 22.04% |
| Jun 30, 2024 | 22.44% |
| Mar 31, 2024 | 22.24% |
| Dec 31, 2023 | 22.68% |
| Sep 30, 2023 | 23.04% |
| Jun 30, 2023 | 23.09% |
| Mar 31, 2023 | 23.02% |
| Dec 31, 2022 | 22.44% |
| Sep 30, 2022 | 20.50% |
| Jun 30, 2022 | 20.26% |
| Mar 31, 2022 | 21.90% |
| Dec 31, 2021 | 18.66% |
| Sep 30, 2021 | 18.19% |