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Leonardo DRS/$DRS

Leonardo DRS shares rise after Q3 earnings beat expectations and the company raises FY26 revenue, EBITDA and EPS guidance on strong bookings and record backlog.
5 hours agoLightyear AI
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About Leonardo DRS

Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. It is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
Ticker
$DRS
Primary listing
NASDAQ
Employees
7,300

Leonardo DRS Metrics

BasicAdvanced
$9.5B
29.83
$1.19
0.16
$0.36
1.01%

What the Analysts think about Leonardo DRS

Analyst ratings (Buy, Hold, Sell) for Leonardo DRS stock.
Analyst projections of the future price of Leonardo DRS stock.

Bulls say / Bears say

Third-quarter revenue rose 11% year on year, while adjusted EBITDA increased 27%, and Leonardo DRS raised its 2026 revenue, profit and earnings guidance. That shows stronger growth and operating leverage than its previous outlook assumed. (Leonardo DRS)
Bookings reached $1.6 billion, a 1.5x book-to-bill ratio, and funded backlog rose 21% to a record $5.6 billion. If the company converts that demand into deliveries, it provides a larger base of work to support future sales. (Leonardo DRS)
A customer agreement covers more than 50,000 compact thermal-imaging cameras, highlighting demand for DRS sensing products in unmanned and other emerging applications. The company says it has invested in capacity to support high-volume production. (Leonardo DRS)
A recent valuation analysis found DRS trading above its modelled fair price-to-earnings ratio and peer average. That premium leaves less room for disappointment if growth or margins fall short. (Yahoo Finance)
The company says the timing of materials receipts and programme milestones will shape fourth-quarter revenue, so delivery delays could defer sales even with a record backlog. Backlog is not a guarantee that work will convert on schedule. (Leonardo DRS)
DRS relies heavily on US government contracts, which can be partly funded or terminated, and its filing warns that shutdowns, delayed appropriations or spending changes could delay or reduce programme funding. This makes results vulnerable to budget and procurement timing. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.

Leonardo DRS Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Leonardo DRS Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Leonardo DRS

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