Leonardo DRS (DRS) Operating Expenses (2020 - 2026)

Leonardo DRS (DRS) has 7 years of Operating Expenses data on file, last reported at $130.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 11.11% year-over-year to $130.0 million; the trailing twelve-month figure through Mar 2026 stood at $510.0 million (up 18.6% YoY), and the FY2025 full-year result was $497.0 million, up 20.05% from the prior year.
• Operating Expenses for Q1 2026 stood at $130.0 million, down from $136.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $136.0 million in Q4 2025 and bottomed at $76.0 million in Q1 2022.
• The 5-year median for Operating Expenses is $101.0 million (2022), against an average of $104.8 million.
• The widest annual swing landed in 2022, when Operating Expenses soared 41.18%; it then fell 4.95% in 2023.
• A 5-year view of Operating Expenses shows it stood at $96.0 million in 2022, then increased by 2.08% to $98.0 million in 2023, then grew by 10.2% to $108.0 million in 2024, then rose by 25.93% to $136.0 million in 2025, then declined by 4.41% to $130.0 million in 2026.
• The last three Operating Expenses figures came in at $130.0 million (Q1 2026), $136.0 million (Q4 2025), and $123.0 million (Q3 2025), per Business Quant data.

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