Leonardo DRS, Inc. (DRS) Operating Expenses (2020 - 2026)
Leonardo DRS (DRS) reported Operating Expenses of $129 million for Q2 2026, up 6.6% from $121 million a year earlier but down 0.8% from the prior quarter.
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Analysis
Leonardo DRS, Inc. (DRS) Operating Expenses (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Leonardo DRS's Operating Expenses came in at $518 million, up 16.7% year-over-year; for FY2025, it was $497 million, up 20.0% from FY2024.
- Operating Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- By year, Operating Expenses came in at $414 million in FY2024 (+7.8%), $384 million in FY2023 (+7.6%), $357 million in FY2022 (+21.8%) and $293 million in FY2021 (+3.5%).
- Five-year quarterly Operating Expenses spans a low of $68 million in Q4 2021 and a high of $136 million in Q4 2025.
- Year over year, Operating Expenses has now increased in each of the last 11 quarters, with growth averaging 13.8% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q4 2022 (growth of 41.2%); the low point was Q3 2023 (a decline of 5.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $130 million (Q1 2026), $136 million (Q4 2025) and $123 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Leonardo DRS, Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();