Leonardo DRS DRS
NASDAQ DRS
$36.06 -0.88 (-2.38%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Leonardo DRS's (DRS) quarterly Operating Expenses came in at $129.0 million in Q2 2026, up 6.61% on a YoY basis from $121.0 million in Q2 2025, and down 0.77% quarter-over-quarter from $130.0 million in Q1 2026.

Analysis

Leonardo DRS (DRS) Operating Expenses (2020 - 2026) Analysis & Trends

Leonardo DRS (DRS) has reported Operating Expenses for 7 consecutive years, with $129.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 6.61% year-over-year to $129.0 million; the trailing twelve-month figure through Jun 2026 stood at $518.0 million (up 16.67% YoY), and the FY2025 full-year result was $497.0 million, up 20.05% from the prior year.
  • Operating Expenses slipped to $129.0 million in Q2 2026 per DRS's latest filing, from $130.0 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.
  • Historically, Operating Expenses has averaged $106.2 million across 5 years, with a median of $101.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 41.18% in 2022, then retreated 4.95% in 2023.
  • Over 5 years, Operating Expenses stood at $96.0 million in 2022, then rose by 2.08% to $98.0 million in 2023, then increased by 10.2% to $108.0 million in 2024, then gained by 25.93% to $136.0 million in 2025, then retreated by 5.15% to $129.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $129.0 million, $130.0 million, and $136.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 120.87 Bn 117.07 Bn 2.45 Bn -
2 General Dynamics 95.39 Bn 91.06 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 76.32 Bn 75.61 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.49 Bn 71.18 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 46.76 Bn 45.24 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 32.70 Bn 31.74 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 27.56 Bn 27.22 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.85 Bn 20.37 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.21 Bn 15.46 Bn 817.00 Mn 310.00 Mn
10 Leonardo DRS 9.63 Bn 9.36 Bn 237.00 Mn 129.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 129.00 Mn
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