Leonardo DRS (DRS) Tax Provisions (2020 - 2026)
Leonardo DRS (DRS) posted Tax Provisions of $14 million for Q2 2026, up 7.7% from $13 million a year earlier but down 6.7% from the prior quarter.
Leonardo DRS (DRS) Tax Provisions (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at Leonardo DRS was $66 million, up 20.0% year-over-year; for FY2025, it came in at $58 million, up 13.7% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of 16.5% (FY2020 to FY2025).
- In prior years, Leonardo DRS's Tax Provisions was $51 million in FY2024 (+112.5%), $24 million in FY2023 (-80.0%), $120 million in FY2022 (+160.9%) and $46 million in FY2021 (+70.4%).
- Quarterly Tax Provisions has run from a low of -$2 million in Q2 2023 to a high of $88 million in Q3 2022 over five years.
- On a year-over-year basis, Tax Provisions increased in five of the last seven quarters, with growth averaging 24.2%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q1 2024, with growth of 100.0%; the weakest was Q3 2023, with a decline of 98.9%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $15 million (Q1 2026), $22 million (Q4 2025) and $15 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.06 Bn | 284.06 Bn | 4.68 Bn | 407.00 Mn |
| 2 | Rtx | 252.10 Bn | 225.31 Bn | 5.13 Bn | 493.00 Mn |
| 3 | Boeing | 148.40 Bn | 55.10 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 118.20 Bn | 104.92 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 92.39 Bn | 87.99 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 89.92 Bn | 77.03 Bn | 2.18 Bn | 247.00 Mn |
| 7 | Motorola Solutions | 73.84 Bn | 70.20 Bn | 1.68 Bn | 184.00 Mn |
| 8 | Northrop Grumman | 71.73 Bn | 60.97 Bn | 2.12 Bn | 74.00 Mn |
| 9 | Honeywell International | 66.60 Bn | 19.04 Bn | 3.65 Bn | 1.58 Bn |
| 10 | Leonardo DRS | 9.80 Bn | 8.25 Bn | 237.00 Mn | 14.00 Mn |
Historic 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 |
Leonardo DRS Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=DRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "DRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=DRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();