Leonardo DRS (DRS) Gross Margin (2020 - 2026)
Leonardo DRS (DRS) posted Gross Margin of 25.06% for Q1 2026, down 1.25% quarter-over-quarter from 25.38% in Q4 2025, and up 241.0% year-on-year from 7.35% in Q1 2025.
Leonardo DRS (DRS) Gross Margin (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has reported Gross Margin for 7 consecutive years, with 25.06% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 25.06%, up 241.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.36% (up 152.0% YoY), and the FY2025 annual result was 23.82%, up 106.0% from the prior year.
- Gross Margin was 25.06% for Q1 2026 at Leonardo DRS, down from 25.38% in the prior quarter.
- Over five years, Gross Margin peaked at 25.38% in Q4 2025 and troughed at 20.26% in Q2 2022.
- Average Gross Margin over 5 years is 22.8%, with a median of 22.68% recorded in 2023.
- Year-over-year, Gross Margin soared 378 bps in 2022 and slumped 100 bps in 2024.
- Over 5 years, Gross Margin stood at 22.44% in 2022, then increased by 1 bps to 22.68% in 2023, then grew by 6 bps to 23.96% in 2024, then rose by 6 bps to 25.38% in 2025, then dropped by 1 bps to 25.06% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 25.06% in Q1 2026, 25.38% in Q4 2025, and 23.12% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Leonardo DRS | 128.07 Mn | -199.93 Mn | 212.00 Mn | 25.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 19.30% |