Leonardo DRS, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
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
| Year Ended December 31, | |||
|---|---|---|---|
| (Dollars in millions, except per share amounts) | 2025 | 2024 | 2023 |
| Revenues | 3,648 | 3,234 | 2,826 |
| Cost of revenues | (2,779) | (2,498) | (2,178) |
| Gross profit | 869 | 736 | 648 |
| General and administrative expenses | (497) | (414) | (384) |
| Amortization of acquired intangible assets | (22) | (22) | (22) |
| Other operating expenses, net | (2) | (7) | (11) |
| Operating earnings | 348 | 293 | 231 |
| Interest expense, net | (8) | (21) | (36) |
| Other, net | (4) | (8) | (3) |
| Earnings before taxes | 336 | 264 | 192 |
| Income tax provision | (58) | (51) | (24) |
| Net earnings | $278 | $213 | $168 |
| Net earnings per share from common stock: | |||
| Basic earnings per share | $1.05 | $0.81 | $0.64 |
| Diluted earnings per share | $1.03 | $0.80 | $0.64 |
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