Leonardo DRS, Inc.

DRS · XNAS

CIK 1833756fmd_1RRKJ3TAS9XVPKJX3CWW77ZX0MManufacturing · Search, Detection, Navigation, Guidance, Aeronautical SysTemplate: Standard

Coverage: Jan 01, 2019 to Sep 30, 2026, 28 periods

Income Statement · Annual · Millions · USD
Line item	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,714	2,778	2,879	2,693	2,826	3,234	3,648
Cost of revenue	2,255	2,284	2,332	2,118	2,178	2,498	2,779
Gross profit	459	494	547	575	648	736	869
Research and development	31	41	48	58	82	92	129
Operating income	163	181	236	561	231	293	348
Interest expense	65	64	35	34	36	21	–
Other non-operating income (expense)	(3)	(5)	(1)	(2)	(3)	(8)	(4)
Income before taxes	95	112	200	525	192	264	336
Income tax expense	20	27	46	120	24	51	58
Net income from continuing operations	75	85	154	405	168	213	278
Net income	75	85	154	405	168	213	278
Net income to common shareholders	–	85	154	405	168	213	278