Leonardo DRS (DRS) Tax Provisions (2020 - 2026)
Leonardo DRS's (DRS) quarterly Tax Provisions came in at $14.0 million in Q2 2026, up 7.69% YoY from $13.0 million in Q2 2025, and down 6.67% on a QoQ basis from $15.0 million in Q1 2026.
Leonardo DRS (DRS) Tax Provisions (2020 - 2026) Analysis & Trends
Leonardo DRS (DRS) has 7 years of Tax Provisions data on file, last reported at $14.0 million in Q2 2026.
- Quarterly Tax Provisions rose 7.69% year-over-year to $14.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $66.0 million (up 20.0% YoY) and the FY2025 annual result came in at $58.0 million, up 13.73% from the prior year.
- Tax Provisions retreated to $14.0 million in Q2 2026, from $15.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $88.0 million in Q3 2022 to a low of -$2.0 million in Q2 2023.
- A 5-year average of $15.7 million and a median of $12.5 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions tumbled 128.57% — and 2024, when it soared 1100.0%.
- Tracing DRS's Tax Provisions over 5 years: stood at $13.0 million in 2022, then surged by 61.54% to $21.0 million in 2023, then rose by 4.76% to $22.0 million in 2024, then changed by 0.0% to $22.0 million in 2025, then sank by 36.36% to $14.0 million in 2026.
- The last three Tax Provisions figures came in at $14.0 million (Q2 2026), $15.0 million (Q1 2026), and $22.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 407.00 Mn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 493.00 Mn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 247.00 Mn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 74.00 Mn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 173.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 3.26 Mn |
| 10 | Leonardo DRS | 10.86 Bn | 10.59 Bn | 237.00 Mn | 14.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | 15.00 Mn |
| Dec 31, 2025 | 22.00 Mn |
| Sep 30, 2025 | 15.00 Mn |
| Jun 30, 2025 | 13.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | 22.00 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2023 | 21.00 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | -2.00 Mn |
| Mar 31, 2023 | 4.00 Mn |
| Dec 31, 2022 | 13.00 Mn |
| Sep 30, 2022 | 88.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 12.00 Mn |
| Dec 31, 2021 | 15.00 Mn |
| Sep 30, 2021 | 8.00 Mn |