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Leonardo DRS, Inc. (DRS) stock

DRSNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026Score 16/300% below fair value
$37.68−1.96 (-4.94%)

Close on Oct 30, 2026Market cap $10.06BP/E 31.7Yield 0.96%

Earnings

Leonardo DRS's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 23, 2027
Q4 FY2026 · estimated, before the open
Revenue, Q3 FY2026
$1.10B
+14.6% on a year earlier
Adjusted Diluted EPS, Q3 FY2026
$0.46
$0.29 a year earlier
Latest guidance
Issued
Oct 29, 2026 · 5 items

Quarterly results

Revenue and earnings per share from each of Leonardo DRS's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 23, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 29, 2026before the open$1.10B+14.6%$0.43$0.46Release
Q2 FY2026ended Jun 30, 2026Jul 30, 2026before the open$913.00M+10.1%$0.32$0.35Release
Q1 FY2026ended Mar 31, 2026May 5, 2026before the open$846.00M+5.9%$0.23$0.26Release
Q4 FY2025ended Dec 31, 2025Feb 24, 2026before the open––$0.38$0.42Release
Q3 FY2025ended Sep 30, 2025Oct 29, 2025before the open$960.00M+18.2%$0.26$0.29Release
Q2 FY2025ended Jun 30, 2025Jul 30, 2025before the open$829.00M+10.1%$0.20$0.23Release
Q1 FY2025ended Mar 31, 2025May 1, 2025before the open$799.00M+16.1%$0.19$0.20Release
Q4 FY2024ended Dec 31, 2024Feb 20, 2025before the open$981.00M+5.9%$0.33$0.38Release
Q3 FY2024ended Sep 30, 2024Oct 30, 2024before the open$812.00M+15.5%$0.21$0.24Release
Q2 FY2024ended Jun 30, 2024Jul 30, 2024before the open$753.00M+19.9%$0.14$0.18Release
Q1 FY2024ended Mar 31, 2024May 1, 2024before the open$688.00M+20.9%$0.11$0.14Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Leonardo DRS's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
RevenueGAAPFY2026$3.95B – $3.99B–NewOct 29, 2026
RevenueFY2026$3.90B – $3.98B–NewMay 5, 2026
Adjusted EBITDAnon-GAAPFY2026$545.00M – $555.00M–NewOct 29, 2026
Adjusted EBITDAnon-GAAPFY2026$515.00M – $530.00M–NewMay 5, 2026
Adjusted Diluted EPSnon-GAAPFY2026$1.50 – $1.53–NewOct 29, 2026
Adjusted Diluted EPSnon-GAAPFY2026$1.26 – $1.30–NewMay 5, 2026
Diluted WASOFY2026269–NewOct 29, 2026
Diluted WASOFY2026269–NewMay 5, 2026
Tax RateFY202613%–NewOct 29, 2026
Tax RateFY202618.5%–NewMay 5, 2026

Guidance vs results

The last range Leonardo DRS gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025Adjusted Diluted EPS$1.07 – $1.12$1.14Σ4QAbove range

Guidance history

Every forecast Leonardo DRS put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 29, 2026Adjusted EBITDAFY2026$545.00M – $555.00MNew
Oct 29, 2026Adjusted Diluted EPSFY2026$1.50 – $1.53New
Oct 29, 2026Diluted WASOFY2026269New
Oct 29, 2026Tax RateFY202613%New
Oct 29, 2026RevenueFY2026$3.95B – $3.99BNew
May 5, 2026Adjusted EBITDAFY2026$515.00M – $530.00MNew
May 5, 2026Adjusted Diluted EPSFY2026$1.26 – $1.30New
May 5, 2026Tax RateFY202618.5%New
May 5, 2026Diluted WASOFY2026269New
May 5, 2026RevenueFY2026$3.90B – $3.98BNew
Oct 29, 2025Adjusted EBITDAFY2025$437.00M – $453.00MNew
Oct 29, 2025Adjusted Diluted EPSFY2025$1.07 – $1.12New
Oct 29, 2025Diluted WASOFY2025269New
Oct 29, 2025Tax RateFY202518%New
Oct 29, 2025RevenueFY2025$3.55B – $3.60BNew
Jul 30, 2025Adjusted EBITDAFY2025$437.00M – $453.00MNarrowed
Jul 30, 2025Adjusted Diluted EPSFY2025$1.06 – $1.11Raised
Jul 30, 2025Diluted WASOFY2025269Lowered
Jul 30, 2025Tax RateFY202519%Reaffirmed
Jul 30, 2025RevenueFY2025$3.53B – $3.60BRaised

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Leonardo DRS filed with the SEC as exhibits to Form 8-K or 6-K

  1. Leonardo DRS Announces Financial Results for
    Results
  2. Leonardo DRS Announces Financial Results for
    Results
  3. Leonardo DRS to Acquire Raft, Expanding Multi-Domain AI, Data Fusion and Mission Software Capabilities
    News
  4. Leonardo DRS Announces Financial Results for
    Results
  5. Leonardo DRS Announces Appointment of Reuben Jeffery III to Board of Directors
    News
  6. Leonardo DRS Announces Financial Results for
    Results
  7. Leonardo DRS Names Sally Wallace as Chief Operating Officer
    Update
  8. Leonardo DRS Announces Board and CEO Transition
    Update
  9. Leonardo DRS Announces Financial Results for
    Results
  10. Leonardo DRS Announces Financial Results for
    Results
  11. Leonardo DRS Announces Financial Results for
    Results
  12. Leonardo DRS Announces Financial Results for
    Results
  13. Leonardo DRS Announces Financial Results for
    Results
  14. Leonardo DRS Announces Financial Results for
    Results
  15. Leonardo DRS Announces Financial Results for
    Results