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 r&d expenses
Research and development expenses are spending on new products and technology.
Leonardo DRS's R&D Expenses for the twelve months ending Sep 30, 2026 was $139.00M, up 13.9% year over year. For fiscal 2025 it was $129.00M, up 40.2% from the year before. The highest annual figure on record is $129.00M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $129.00M | +40.2% |
| FY2024 | Dec 31, 2024 | $92.00M | +12.2% |
| FY2023 | Dec 31, 2023 | $82.00M | +41.4% |
| FY2022 | Dec 31, 2022 | $58.00M | +20.8% |
| FY2021 | Dec 31, 2021 | $48.00M | +17.1% |
| FY2020 | Dec 31, 2020 | $41.00M | +32.3% |
| FY2019 | Dec 31, 2019 | $31.00M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $37.00M | +2.8% |
| Q2 FY2026 | Jun 30, 2026 | $36.00M | +20.0% |
| Q1 FY2026 | Mar 31, 2026 | $31.00M | +10.7% |
| Q4 FY2025 | Dec 31, 2025 | $35.00M | +25.0% |
| Q3 FY2025 | Sep 30, 2025 | $36.00M | +56.5% |
| Q2 FY2025 | Jun 30, 2025 | $30.00M | +42.9% |
| Q1 FY2025 | Mar 31, 2025 | $28.00M | +40.0% |
| Q4 FY2024 | Dec 31, 2024 | $28.00M | – |
| Q3 FY2024 | Sep 30, 2024 | $23.00M | – |
| Q2 FY2024 | Jun 30, 2024 | $21.00M | – |
| Q1 FY2024 | Mar 31, 2024 | $20.00M | – |
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