Leonardo DRS (DRS) Operating Expenses (2020 - 2026)
Leonardo DRS (DRS) posted Operating Expenses of $130.0 million for Q1 2026, down 4.41% quarter-over-quarter from $136.0 million in Q4 2025, and up 11.11% year-on-year from $117.0 million in Q1 2025.
Leonardo DRS (DRS) Operating Expenses (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has reported Operating Expenses for 7 consecutive years, with $130.0 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $130.0 million, up 11.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $510.0 million (up 18.6% YoY), and the FY2025 annual result was $497.0 million, up 20.05% from the prior year.
- Operating Expenses was $130.0 million for Q1 2026 at Leonardo DRS, down from $136.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $136.0 million in Q4 2025 and troughed at $76.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $104.8 million, with a median of $101.0 million recorded in 2022.
- Year-over-year, Operating Expenses surged 41.18% in 2022 and decreased 4.95% in 2023.
- Over 5 years, Operating Expenses stood at $96.0 million in 2022, then gained by 2.08% to $98.0 million in 2023, then rose by 10.2% to $108.0 million in 2024, then advanced by 25.93% to $136.0 million in 2025, then retreated by 4.41% to $130.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $130.0 million in Q1 2026, $136.0 million in Q4 2025, and $123.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Leonardo DRS | 128.07 Mn | -199.93 Mn | 212.00 Mn | 130.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 130.00 Mn |
| Dec 31, 2025 | 136.00 Mn |
| Sep 30, 2025 | 123.00 Mn |
| Jun 30, 2025 | 121.00 Mn |
| Mar 31, 2025 | 117.00 Mn |
| Dec 31, 2024 | 108.00 Mn |
| Sep 30, 2024 | 98.00 Mn |
| Jun 30, 2024 | 107.00 Mn |
| Mar 31, 2024 | 101.00 Mn |
| Dec 31, 2023 | 98.00 Mn |
| Sep 30, 2023 | 96.00 Mn |
| Jun 30, 2023 | 90.00 Mn |
| Mar 31, 2023 | 100.00 Mn |
| Dec 31, 2022 | 96.00 Mn |
| Sep 30, 2022 | 101.00 Mn |
| Jun 30, 2022 | 84.00 Mn |
| Mar 31, 2022 | 76.00 Mn |
| Dec 31, 2021 | 68.00 Mn |
| Sep 30, 2021 | 73.00 Mn |
| Jun 30, 2021 | 73.00 Mn |