FY2025 · ended Dec 31, 2025 · Revenue $3.65B, +12.8% YoY · Filed Feb 27, 2026
Leonardo DRS, Inc. (DRS) files with the SEC under industry code 3812, Search, Detection, Navigation, Guidance, Aeronautical Sys. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $3.6 billion and net income of $278.0 million. Free cash flow was $227.0 million. As of Sep 30, 2026 it held $294.0 million in cash and investments and $111.0 million in total debt.
Revenue (TTM)
$3.88B
+8.9% vs year-ago TTM
Net income (TTM)
$365.00M
+37.7% vs year-ago TTM
Operating cash flow (TTM)
$490.00M
+27.6% vs year-ago TTM
Free cash flow (TTM)
$344.00M
+29.8% vs year-ago TTM
EPS (TTM)
$1.36
+37.8% vs year-ago TTM
Dividend per share (TTM)
$0.36
Shares outstanding
265.85M
+0.3% vs prior year
Net cash
$183.00M
as of Sep 30, 2026
Operating margin
10.8%
FY 2026
Company profile
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys (SIC 3812)
- Listed as
- DRS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Arlington, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1833756
Other Search, Detection, Navigation, Guidance, Aeronautical Sys companies
- Northrop Grumman Corp /DE/ NOC
- Garmin Ltd GRMN
- L3HARRIS Technologies, Inc. /DE/ LHX
- Teledyne Technologies Inc TDY
- Nextnav Inc. NN
- Intuitive Machines, Inc. LUNR
- Lyntris Inc. LYNX
- Applied Energetics, Inc. AERG
All 13 Search, Detection, Navigation, Guidance, Aeronautical Sys companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.2B | $2.8B | $2.7B | $2.9B |
| Operating income | $348.0M | $293.0M | $231.0M | $561.0M | $236.0M |
| Net income | $278.0M | $213.0M | $168.0M | $405.0M | $154.0M |
| Diluted EPS | $1.03 | $0.80 | $0.64 | $1.88 | $0.73 |
| Operating cash flow | $366.0M | $271.0M | $205.0M | $33.0M | $178.0M |
| Free cash flow | $227.0M | $186.0M | $145.0M | -$32.0M | $118.0M |
| Total assets | $4.5B | $4.2B | $3.9B | $3.7B | $3.1B |
| Stockholders' equity | $2.7B | $2.6B | $2.3B | $2.1B | $1.6B |
| Cash and investments | $647.0M | $598.0M | $467.0M | $306.0M | $240.0M |
| Total debt | $582.0M | $576.0M | $644.0M | $612.0M | $618.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Other events
|
Jul 28, 2026 | Jul 28, 2026 |
| 8-K | Current report | Jul 17, 2026 | Jul 15, 2026 |
All 432 Leonardo DRS, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.