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

Leonardo DRS has reported Operating Expenses for 7 years, with the latest figure 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.
• The five-year high for Operating Expenses was $136.0 million in Q4 2025, with the low at $76.0 million in Q1 2022.
• Historically, Operating Expenses has averaged $104.8 million across 5 years, with a median of $101.0 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 41.18% — and 2023, when it fell 4.95%.
• Leonardo DRS's Operating Expenses stood at $96.0 million in 2022, then grew by 2.08% to $98.0 million in 2023, then climbed by 10.2% to $108.0 million in 2024, then increased by 25.93% to $136.0 million in 2025, then dropped 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.