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% YoY from 8.14% in Q2 2025, and up 3.59% on a QoQ basis from 25.06% in Q1 2026.
Leonardo DRS (DRS) Gross Margin (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has 7 years of Gross Margin data on file, last reported at 25.96% in Q2 2026.
- Quarterly Gross Margin rose 219.0% year-over-year to 25.96% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 24.87% (up 172.0% YoY) and the FY2025 annual result came in at 23.82%, up 106.0% from the prior year.
- Gross Margin grew to 25.96% in Q2 2026, from 25.06% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 25.96% in Q2 2026 to a low of 20.26% in Q2 2022.
- A 5-year average of 22.97% and a median of 22.85% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 378 bps — and 2024, when it plunged 100 bps.
- Tracing DRS's Gross Margin over 5 years: 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 gained by 2 bps to 25.96% in 2026.
- The last three Gross Margin figures came in at 25.96% (Q2 2026), 25.06% (Q1 2026), and 25.38% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Leonardo DRS | 10.94 Bn | 10.67 Bn | 237.00 Mn | 25.96% |
Historic Data
Download 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% |