Leonardo DRS (DRS) Gross Margin (2020 - 2026)
Leonardo DRS's Gross Margin came in at 25.96% for Q2 2026, up 2.19 percentage points from 23.76% a year earlier and up 0.90 percentage points from the prior quarter.
Leonardo DRS (DRS) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Leonardo DRS reported Gross Margin of 24.87%, up 1.72 percentage points year-over-year; for FY2025, it came in at 23.82%, up 1.06 percentage points from FY2024.
- Gross Margin carries a five-year change of +6.04 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 22.76% in FY2024 (-0.17 pp), 22.93% in FY2023 (+1.58 pp), 21.35% in FY2022 (+2.35 pp) and 19.00% in FY2021 (+1.22 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q1 2020.
- Year-over-year, Gross Margin has increased for seven consecutive quarters, with an average year-over-year change of +1.14 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 3.78 percentage points), and the weakest in Q3 2024 (a drop of 1.00 percentage points).
- Business Quant data shows DRS's Gross Margin at 25.06% (Q1 2026), 25.38% (Q4 2025) and 23.13% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 37.59% |
| 10 | Leonardo DRS | 9.80 Bn | 8.25 Bn | 237.00 Mn | 25.96% |
Historic 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% |
Leonardo DRS Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();