Leonardo DRS (DRS) Non-Current Deferred Tax Liability (2022 - 2026)
Leonardo DRS's (DRS) quarterly Non-Current Deferred Tax Liability came in at $3.0 million in Q2 2026, down 50.0% YoY from $6.0 million in Q2 2025, and down 25.0% on a QoQ basis from $4.0 million in Q1 2026.
Leonardo DRS (DRS) Non-Current Deferred Tax Liability (2022 - 2026) Analysis & Trends
Leonardo DRS (DRS) has 5 years of Non-Current Deferred Tax Liability data on file, last reported at $3.0 million in Q2 2026.
- Quarterly Non-Current Deferred Tax Liability fell 50.0% year-over-year to $3.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.0 million (down 50.0% YoY) and the FY2025 annual result came in at $3.0 million, down 98.11% from the prior year.
- Non-Current Deferred Tax Liability declined to $3.0 million in Q2 2026, from $4.0 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $159.0 million in Q4 2024 to a low of $3.0 million in Q4 2025.
- A 5-year average of $87.0 million and a median of $118.0 million in 2023 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability surged 34.75% — and 2025, when it tumbled 98.11%.
- Tracing DRS's Non-Current Deferred Tax Liability over 5 years: stood at $125.0 million in 2022, then declined by 5.6% to $118.0 million in 2023, then soared by 34.75% to $159.0 million in 2024, then plunged by 98.11% to $3.0 million in 2025, then changed by 0.0% to $3.0 million in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $3.0 million (Q2 2026), $4.0 million (Q1 2026), and $3.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn |
| 10 | Leonardo DRS | 10.86 Bn | 10.59 Bn | 237.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Mn |
| Jun 30, 2026 | 3.00 Mn |
| Mar 31, 2026 | 4.00 Mn |
| Mar 31, 2026 | 4.00 Mn |
| Dec 31, 2025 | 3.00 Mn |
| Dec 31, 2025 | 3.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Mar 31, 2025 | 7.00 Mn |
| Dec 31, 2024 | 159.00 Mn |
| Dec 31, 2024 | 159.00 Mn |
| Sep 30, 2024 | 116.00 Mn |
| Sep 30, 2024 | 116.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Mar 31, 2024 | 4.00 Mn |