Leonardo DRS (DRS) Gross Margin (2020 - 2026)
Leonardo DRS (DRS) reported Gross Margin of 25.06% for Q1 2026, up 241.0% on a YoY basis from 7.35% in Q1 2025, and down 1.25% quarter-over-quarter from 25.38% in Q4 2025.
Leonardo DRS (DRS) Gross Margin (2020 - 2026) Analysis & Trends
Leonardo DRS has reported Gross Margin for 7 years, with the latest figure at 25.06% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 241.0% year-over-year to 25.06%; the trailing twelve-month figure through Mar 2026 stood at 24.36% (up 152.0% YoY), and the FY2025 full-year result was 23.82%, up 106.0% from the prior year.
- Gross Margin for Q1 2026 stood at 25.06%, down from 25.38% in the prior quarter.
- The five-year high for Gross Margin was 25.38% in Q4 2025, with the low at 20.26% in Q2 2022.
- Historically, Gross Margin has averaged 22.8% across 5 years, with a median of 22.68% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 378 bps — and 2024, when it plunged 100 bps.
- Leonardo DRS's Gross Margin stood at 22.44% in 2022, then advanced by 1 bps to 22.68% in 2023, then gained by 6 bps to 23.96% in 2024, then climbed by 6 bps to 25.38% in 2025, then retreated by 1 bps to 25.06% in 2026.
- The last three Gross Margin figures came in at 25.06% (Q1 2026), 25.38% (Q4 2025), and 23.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 29.53% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 73.52% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 41.11% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 11.46% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.53% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 36.92% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 67.40% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 34.90% |
| 10 | Leonardo DRS | 12.41 Bn | 12.08 Bn | 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% |