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
DateValue
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