Leonardo DRS (DRS) Operating Income (2020 - 2026)
Leonardo DRS's (DRS) quarterly Operating Income came in at $102.0 million in Q2 2026, up 45.71% YoY from $70.0 million in Q2 2025, and up 32.47% on a QoQ basis from $77.0 million in Q1 2026.
Leonardo DRS (DRS) Operating Income (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has 7 years of Operating Income data on file, last reported at $102.0 million in Q2 2026.
- Quarterly Operating Income rose 45.71% year-over-year to $102.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $398.0 million (up 22.84% YoY) and the FY2025 annual result came in at $348.0 million, up 18.77% from the prior year.
- Operating Income grew to $102.0 million in Q2 2026, from $77.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $376.0 million in Q3 2022 to a low of $25.0 million in Q1 2023.
- A 5-year average of $89.6 million and a median of $72.5 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income soared 609.43% — and 2023, when it slumped 84.31%.
- Tracing DRS's Operating Income over 5 years: stood at $87.0 million in 2022, then advanced by 20.69% to $105.0 million in 2023, then increased by 14.29% to $120.0 million in 2024, then gained by 5.0% to $126.0 million in 2025, then slipped by 19.05% to $102.0 million in 2026.
- The last three Operating Income figures came in at $102.0 million (Q2 2026), $77.0 million (Q1 2026), and $126.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.21 Bn | 352.87 Bn | 6.95 Bn | -3.91 Bn |
| 2 | Rtx | 285.13 Bn | 276.82 Bn | 9.91 Bn | 2.81 Bn |
| 3 | Boeing | 168.68 Bn | 148.65 Bn | 2.41 Bn | 156.00 Mn |
| 4 | Lockheed Martin | 130.73 Bn | 126.94 Bn | 2.45 Bn | 2.48 Bn |
| 5 | Howmet Aerospace | 108.51 Bn | 107.94 Bn | 951.00 Mn | 711.00 Mn |
| 6 | General Dynamics | 103.74 Bn | 99.40 Bn | 6.76 Bn | 1.46 Bn |
| 7 | Northrop Grumman | 78.72 Bn | 76.41 Bn | 3.72 Bn | 1.10 Bn |
| 8 | TransDigm | 68.81 Bn | 66.04 Bn | 1.63 Bn | 1.23 Bn |
| 9 | Axon Enterprise | 50.73 Bn | 50.06 Bn | 546.45 Mn | 46.78 Mn |
| 10 | Leonardo DRS | 10.79 Bn | 10.52 Bn | 237.00 Mn | 102.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 102.00 Mn |
| Mar 31, 2026 | 77.00 Mn |
| Dec 31, 2025 | 126.00 Mn |
| Sep 30, 2025 | 93.00 Mn |
| Jun 30, 2025 | 70.00 Mn |
| Mar 31, 2025 | 59.00 Mn |
| Dec 31, 2024 | 120.00 Mn |
| Sep 30, 2024 | 75.00 Mn |
| Jun 30, 2024 | 55.00 Mn |
| Mar 31, 2024 | 43.00 Mn |
| Dec 31, 2023 | 105.00 Mn |
| Sep 30, 2023 | 59.00 Mn |
| Jun 30, 2023 | 42.00 Mn |
| Mar 31, 2023 | 25.00 Mn |
| Dec 31, 2022 | 87.00 Mn |
| Sep 30, 2022 | 376.00 Mn |
| Jun 30, 2022 | 42.00 Mn |
| Mar 31, 2022 | 56.00 Mn |
| Dec 31, 2021 | 81.00 Mn |
| Sep 30, 2021 | 53.00 Mn |