Leonardo DRS (DRS) Tax Provisions (2020 - 2026)
Leonardo DRS (DRS) posted Tax Provisions of $15.0 million for Q1 2026, down 31.82% on a QoQ basis from $22.0 million in Q4 2025, and up 87.5% year-over-year from $8.0 million in Q1 2025.
Leonardo DRS (DRS) Tax Provisions (2020 - 2026) Analysis & Trends
Leonardo DRS's Tax Provisions history runs 7 years deep, the most recent figure standing at $15.0 million for Q1 2026.
- Quarterly Tax Provisions rose 87.5% year-over-year to $15.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $65.0 million (up 27.45% YoY) and the FY2025 annual result came in at $58.0 million, up 13.73% from the prior year.
- Tax Provisions was $15.0 million for Q1 2026 at Leonardo DRS, down from $22.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $88.0 million in Q3 2022 and bottomed at -$2.0 million in Q2 2023.
- A 5-year average of $15.8 million and a median of $12.0 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 128.57% — and 2024, when it soared 1100.0%.
- Leonardo DRS's Tax Provisions stood at $13.0 million in 2022, then jumped by 61.54% to $21.0 million in 2023, then advanced by 4.76% to $22.0 million in 2024, then changed by 0.0% to $22.0 million in 2025, then tumbled by 31.82% to $15.0 million in 2026.
- Business Quant data shows DRS's Tax Provisions at $15.0 million in Q1 2026, $22.0 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.10 Bn | 364.75 Bn | -3.10 Bn | 407.00 Mn |
| 2 | Rtx | 290.22 Bn | 281.92 Bn | 9.91 Bn | 493.00 Mn |
| 3 | Boeing | 168.50 Bn | 148.47 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 133.34 Bn | 129.55 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 113.40 Bn | 110.96 Bn | 854.00 Mn | 128.00 Mn |
| 6 | General Dynamics | 103.29 Bn | 98.96 Bn | 6.76 Bn | 247.00 Mn |
| 7 | Northrop Grumman | 76.60 Bn | 74.29 Bn | 3.72 Bn | 74.00 Mn |
| 8 | TransDigm | 73.05 Bn | 69.17 Bn | 1.51 Bn | 164.00 Mn |
| 9 | L3Harris Technologies | 51.78 Bn | 51.19 Bn | 1.40 Bn | 77.00 Mn |
| 10 | Leonardo DRS | 12.01 Bn | 11.68 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 |