Leonardo DRS (DRS) Tax Provisions (2020 - 2026)
Leonardo DRS (DRS) reported Tax Provisions of $15.0 million for Q1 2026, up 87.5% on a YoY basis from $8.0 million in Q1 2025, and down 31.82% quarter-over-quarter from $22.0 million in Q4 2025.
Leonardo DRS (DRS) Tax Provisions (2020 - 2026) Analysis & Trends
Leonardo DRS has reported Tax Provisions for 7 years, with the latest figure at $15.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 87.5% year-over-year to $15.0 million; the trailing twelve-month figure through Mar 2026 stood at $65.0 million (up 27.45% YoY), and the FY2025 full-year result was $58.0 million, up 13.73% from the prior year.
- Tax Provisions for Q1 2026 stood at $15.0 million, down from $22.0 million in the prior quarter.
- The five-year high for Tax Provisions was $88.0 million in Q3 2022, with the low at -$2.0 million in Q2 2023.
- Historically, Tax Provisions has averaged $15.8 million across 5 years, with a median of $12.0 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions tumbled 128.57% — and 2024, when it soared 1100.0%.
- Leonardo DRS's Tax Provisions 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 31.82% to $15.0 million in 2026.
- The last three Tax Provisions figures came in at $15.0 million (Q1 2026), $22.0 million (Q4 2025), and $15.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | - |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 252.00 Mn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 363.00 Mn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 33.00 Mn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 286.00 Mn |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 128.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 244.00 Mn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 155.00 Mn |
| 10 | Leonardo DRS | 12.41 Bn | 12.08 Bn | 212.00 Mn | 15.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 11.00 Mn |