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10-K

Annual Report

Leonardo DRS, Inc. DRS

0001833756-26-000013

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Filed
Feb 27, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Feb 24, 2026 265.85M sh
Shares Diluted FY 2025 · Dec 31, 2025 268.7M sh
Shares Diluted FY 2025 · Dec 31, 2024 267.7M sh
Shares Diluted restated FY 2025 · Dec 31, 2023 264.2M sh
Stock Repurchased FY 2025 · Dec 31, 2025 $35M
Stock Repurchased FY 2025 · Dec 31, 2024 $0
Stock Repurchased FY 2025 · Dec 31, 2023 $0
Capex FY 2025 · Dec 31, 2025 $139M
Capex FY 2025 · Dec 31, 2024 $85M
Capex FY 2025 · Dec 31, 2023 $60M
Operating Cash Flow FY 2025 · Dec 31, 2025 $366M
Operating Cash Flow FY 2025 · Dec 31, 2024 $271M
Operating Cash Flow FY 2025 · Dec 31, 2023 $205M
Long Term Debt FY 2025 · Dec 31, 2025 $348M
Short Term Debt FY 2025 · Dec 31, 2025 $5M
Short Term Debt FY 2025 · Dec 31, 2024 $4M
Cash And Equivalents FY 2025 · Dec 31, 2025 $647M
Cash And Equivalents FY 2025 · Dec 31, 2024 $598M
Stockholders Equity FY 2025 · Dec 31, 2025 $2.73B
Stockholders Equity FY 2025 · Dec 31, 2024 $2.56B
Stockholders Equity FY 2025 · Dec 31, 2023 $2.33B
Stockholders Equity FY 2025 · Dec 31, 2022 $2.13B
Current Liabilities FY 2025 · Dec 31, 2025 $1.23B
Current Liabilities FY 2025 · Dec 31, 2024 $1.12B
Current Assets FY 2025 · Dec 31, 2025 $2.33B
Current Assets FY 2025 · Dec 31, 2024 $2.16B
Total Assets FY 2025 · Dec 31, 2025 $4.49B
Total Assets FY 2025 · Dec 31, 2024 $4.18B
Eps Diluted FY 2025 · Dec 31, 2025 $1.03
Eps Diluted FY 2025 · Dec 31, 2024 $0.80
Eps Diluted FY 2025 · Dec 31, 2023 $0.64
Eps Basic FY 2025 · Dec 31, 2025 $1.05
Eps Basic FY 2025 · Dec 31, 2024 $0.81
Eps Basic FY 2025 · Dec 31, 2023 $0.64
Sga Expense FY 2025 · Dec 31, 2025 $497M
Sga Expense FY 2025 · Dec 31, 2024 $414M
Sga Expense FY 2025 · Dec 31, 2023 $384M
Rd Expense FY 2025 · Dec 31, 2025 $129M
Rd Expense FY 2025 · Dec 31, 2024 $92M
Rd Expense FY 2025 · Dec 31, 2023 $82M
Net Income FY 2025 · Dec 31, 2025 $278M
Net Income FY 2025 · Dec 31, 2024 $213M
Net Income FY 2025 · Dec 31, 2023 $168M
Operating Income FY 2025 · Dec 31, 2025 $348M
Operating Income FY 2025 · Dec 31, 2024 $293M
Operating Income FY 2025 · Dec 31, 2023 $231M
Gross Profit FY 2025 · Dec 31, 2025 $869M
Gross Profit FY 2025 · Dec 31, 2024 $736M
Gross Profit FY 2025 · Dec 31, 2023 $648M
Cost Of Revenue FY 2025 · Dec 31, 2025 $2.78B
Cost Of Revenue FY 2025 · Dec 31, 2024 $2.5B
Cost Of Revenue FY 2025 · Dec 31, 2023 $2.18B
Revenue FY 2025 · Dec 31, 2025 $3.65B
Revenue FY 2025 · Dec 31, 2024 $3.23B
Revenue FY 2025 · Dec 31, 2023 $2.83B