Leonardo DRS, Inc.
For the period ended Jun 30, 2025. Filed Jul 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 30, 2025
DRS$36.41+7.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
Consolidated Statements of Earnings (Unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| (Dollars in millions, except per share amounts) | 2025 | 2024 | 2025 | 2024 |
| Revenues | 829 | 753 | 1,628 | 1,441 |
| Cost of revenues | (632) | (584) | (1,250) | (1,119) |
| Gross profit | 197 | 169 | 378 | 322 |
| General and administrative expenses | (121) | (107) | (238) | (208) |
| Amortization of intangibles | (6) | (6) | (11) | (11) |
| Other operating expenses, net | — | (1) | — | (5) |
| Operating earnings | 70 | 55 | 129 | 98 |
| Interest expense, net | (2) | (7) | (3) | (12) |
| Other, net | (1) | (1) | (1) | (2) |
| Earnings before taxes | 67 | 47 | 125 | 84 |
| Income tax provision | 13 | 9 | 21 | 17 |
| Net earnings | $54 | $38 | $104 | $67 |
| Net earnings per share from common stock: | ||||
| Basic earnings per share | $0.20 | $0.14 | $0.39 | $0.25 |
| Diluted earnings per share | $0.20 | $0.14 | $0.39 | $0.25 |
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