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

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

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

Leonardo DRS (DRS) has reported Operating Income for 7 consecutive years, with $77.0 million the latest figure, recorded in Q1 2026.

  • Operating Income for Q1 2026 came in at $77.0 million, up 30.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $366.0 million (up 18.45% YoY), and the FY2025 annual result was $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.
  • Over five years, Operating Income peaked at $376.0 million in Q3 2022 and troughed at $25.0 million in Q1 2023.
  • Average Operating Income over 5 years is $88.8 million, with a median of $70.0 million recorded in 2025.
  • Year-over-year, Operating Income surged 609.43% in 2022 and plunged 84.31% in 2023.
  • Over 5 years, Operating Income stood at $87.0 million in 2022, then increased by 20.69% to $105.0 million in 2023, then advanced by 14.29% to $120.0 million in 2024, then grew by 5.0% to $126.0 million in 2025, then sank by 38.89% to $77.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $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 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 448.00 Mn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 2.56 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 1.42 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 2.06 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 753.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.18 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 989.00 Mn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -55.97 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 652.00 Mn
10 Leonardo DRS 128.07 Mn -199.93 Mn 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