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
DateValue
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%