Leonardo DRS (DRS) Gross Margin (2020 - 2026)
Leonardo DRS (DRS) posted Gross Margin of 25.06% for Q1 2026, down 1.25% on a QoQ basis from 25.38% in Q4 2025, and up 241.0% year-over-year from 7.35% in Q1 2025.
Leonardo DRS (DRS) Gross Margin (2020 - 2026) Analysis & Trends
Leonardo DRS's Gross Margin history runs 7 years deep, the most recent figure standing at 25.06% for Q1 2026.
- Quarterly Gross Margin rose 241.0% year-over-year to 25.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.36% (up 152.0% YoY) and the FY2025 annual result came in at 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.
- Across five years, Gross Margin topped out at 25.38% in Q4 2025 and bottomed at 20.26% in Q2 2022.
- A 5-year average of 22.8% and a median of 22.68% 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 tumbled 100 bps.
- Leonardo DRS's 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 slipped by 1 bps to 25.06% in 2026.
- Business Quant data shows DRS's Gross Margin at 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 | General Electric | 374.61 Bn | 365.27 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 289.95 Bn | 281.65 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 168.44 Bn | 148.42 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 133.17 Bn | 129.38 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 113.21 Bn | 110.78 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 103.06 Bn | 98.73 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 76.42 Bn | 74.12 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 73.24 Bn | 69.36 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 51.62 Bn | 51.03 Bn | 1.40 Bn | 24.41% |
| 10 | Leonardo DRS | 12.03 Bn | 11.70 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% |