Leonardo DRS, Inc.
For the period ended Sep 30, 2025. Filed Oct 29, 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.
Sep 30, 2025 · Filed Oct 29, 2025
DRS$36.53+0.3%Stored close · as of Nov 10, 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 September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (Dollars in millions, except per share amounts) | 2025 | 2024 | 2025 | 2024 |
| Revenues | $960 | $812 | $2,588 | $2,253 |
| Cost of revenues | (738) | (633) | (1,988) | (1,752) |
| Gross profit | 222 | 179 | 600 | 501 |
| General and administrative expenses | (123) | (98) | (361) | (306) |
| Amortization of intangibles | (5) | (6) | (16) | (17) |
| Other operating expenses, net | (1) | — | (1) | (5) |
| Operating earnings | 93 | 75 | 222 | 173 |
| Interest expense, net | (4) | (5) | (7) | (17) |
| Other, net | (2) | (1) | (3) | (3) |
| Earnings before taxes | 87 | 69 | 212 | 153 |
| Income tax provision | 15 | 12 | 36 | 29 |
| Net earnings | $72 | $57 | $176 | $124 |
| Net earnings per share from common stock: | ||||
| Basic earnings per share | $0.27 | $0.22 | $0.66 | $0.47 |
| Diluted earnings per share | $0.26 | $0.21 | $0.65 | $0.46 |
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