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

Leonardo DRS (DRS) posted Operating Income of $77.0 million for Q1 2026, down 38.89% on a QoQ basis from $126.0 million in Q4 2025, and up 30.51% year-over-year from $59.0 million in Q1 2025.

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

Leonardo DRS's Operating Income history runs 7 years deep, the most recent figure standing at $77.0 million for Q1 2026.

  • Quarterly Operating Income rose 30.51% year-over-year to $77.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $366.0 million (up 18.45% YoY) and the FY2025 annual result came in at $348.0 million, up 18.77% from the prior year.
  • Operating Income was $77.0 million for Q1 2026 at Leonardo DRS, down from $126.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $376.0 million in Q3 2022 and bottomed at $25.0 million in Q1 2023.
  • A 5-year average of $88.8 million and a median of $70.0 million in 2025 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2022 — Operating Income soared 609.43% — and 2023, when it sank 84.31%.
  • Leonardo DRS's Operating Income stood at $87.0 million in 2022, then grew by 20.69% to $105.0 million in 2023, then gained by 14.29% to $120.0 million in 2024, then climbed by 5.0% to $126.0 million in 2025, then plunged by 38.89% to $77.0 million in 2026.
  • Business Quant data shows DRS's Operating Income at $77.0 million in Q1 2026, $126.0 million in Q4 2025, and $93.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 General Electric 369.74 Bn 360.40 Bn -3.10 Bn -13.96 Bn
2 Rtx 286.79 Bn 278.48 Bn 9.91 Bn 2.81 Bn
3 Boeing 168.91 Bn 148.89 Bn 2.41 Bn 156.00 Mn
4 Lockheed Martin 132.03 Bn 128.24 Bn 2.45 Bn 2.48 Bn
5 Howmet Aerospace 111.81 Bn 109.37 Bn 854.00 Mn 753.00 Mn
6 General Dynamics 101.89 Bn 97.56 Bn 6.76 Bn 1.46 Bn
7 Northrop Grumman 75.58 Bn 73.27 Bn 3.72 Bn 1.10 Bn
8 TransDigm 72.49 Bn 68.61 Bn 1.51 Bn 1.18 Bn
9 L3Harris Technologies 50.52 Bn 49.93 Bn 1.40 Bn 652.00 Mn
10 Leonardo DRS 11.80 Bn 11.47 Bn 212.00 Mn 77.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 51.00 Mn