Leonardo DRS, Inc. (DRS) stock
DRSNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 18/3012% below fair value
$35.18−0.48 (-1.35%)
Close on Nov 13, 2026Market cap $9.38BP/E 25.9Yield 1.02%
Leonardo DRS gross margin
Gross margin is gross profit as a percentage of revenue.
Leonardo DRS's gross margin for the twelve months ending Sep 30, 2026 was 25.3%. For fiscal 2025 it was 23.8%, against 22.8% the year before. The highest annual figure on record is 23.8% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 23.8% | +1.1 |
| FY2024 | Dec 31, 2024 | 22.8% | −0.2 |
| FY2023 | Dec 31, 2023 | 22.9% | +1.6 |
| FY2022 | Dec 31, 2022 | 21.4% | +2.4 |
| FY2021 | Dec 31, 2021 | 19.0% | +1.2 |
| FY2020 | Dec 31, 2020 | 17.8% | +0.9 |
| FY2019 | Dec 31, 2019 | 16.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 24.7% | +1.5 |
| Q2 FY2026 | Jun 30, 2026 | 26.0% | +2.2 |
| Q1 FY2026 | Mar 31, 2026 | 25.1% | +2.4 |
| Q4 FY2025 | Dec 31, 2025 | 25.4% | +1.4 |
| Q3 FY2025 | Sep 30, 2025 | 23.1% | +1.1 |
| Q2 FY2025 | Jun 30, 2025 | 23.8% | +1.3 |
| Q1 FY2025 | Mar 31, 2025 | 22.7% | +0.4 |
| Q4 FY2024 | Dec 31, 2024 | 24.0% | +1.3 |
| Q3 FY2024 | Sep 30, 2024 | 22.0% | −1.0 |
| Q2 FY2024 | Jun 30, 2024 | 22.4% | −0.6 |
| Q1 FY2024 | Mar 31, 2024 | 22.2% | −0.8 |
| Q4 FY2023 | Dec 31, 2023 | 22.7% | +0.2 |
| Q3 FY2023 | Sep 30, 2023 | 23.0% | +2.5 |
| Q2 FY2023 | Jun 30, 2023 | 23.1% | +2.8 |
| Q1 FY2023 | Mar 31, 2023 | 23.0% | +1.1 |
| Q4 FY2022 | Dec 31, 2022 | 22.4% | +3.8 |
| Q3 FY2022 | Sep 30, 2022 | 20.5% | +2.3 |
| Q2 FY2022 | Jun 30, 2022 | 20.3% | +1.0 |
| Q1 FY2022 | Mar 31, 2022 | 21.9% | +1.9 |
| Q4 FY2021 | Dec 31, 2021 | 18.7% | −0.3 |
| Q3 FY2021 | Sep 30, 2021 | 18.2% | +1.2 |
| Q2 FY2021 | Jun 30, 2021 | 19.3% | +2.5 |
| Q1 FY2021 | Mar 31, 2021 | 20.0% | +1.8 |
| Q4 FY2020 | Dec 31, 2020 | 19.0% | – |
| Q3 FY2020 | Sep 30, 2020 | 17.0% | – |
| Q2 FY2020 | Jun 30, 2020 | 16.8% | – |
| Q1 FY2020 | Mar 31, 2020 | 18.2% | – |
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