Leonardo DRS Inc
NASDAQ:DRS
Income Statement
Earnings Waterfall
Leonardo DRS Inc
Income Statement
Leonardo DRS Inc
| Dec-2001 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Mar-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
0
|
1
|
1
|
0
|
1
|
0
|
1
|
2
|
3
|
3
|
3
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
18
|
27
|
34
|
34
|
33
|
34
|
36
|
33
|
31
|
26
|
21
|
17
|
12
|
11
|
|
| Revenue |
8
N/A
|
3
-66%
|
12
+339%
|
10
-23%
|
15
+55%
|
16
+6%
|
14
-9%
|
15
+7%
|
14
-9%
|
13
-9%
|
13
+6%
|
13
-6%
|
11
-10%
|
12
+4%
|
13
+10%
|
14
+7%
|
16
+12%
|
15
-1%
|
14
-9%
|
15
+7%
|
18
+19%
|
18
+3%
|
28
+49%
|
19
-29%
|
22
+11%
|
22
+1%
|
7
-69%
|
23
+236%
|
10
-58%
|
14
+43%
|
17
+24%
|
14
-17%
|
13
-9%
|
12
-11%
|
12
+2%
|
13
+9%
|
15
+14%
|
17
+18%
|
26
+52%
|
20
-22%
|
22
+6%
|
29
+32%
|
28
-2%
|
31
+10%
|
34
+11%
|
38
+13%
|
44
+15%
|
51
+15%
|
58
+15%
|
67
+16%
|
76
+13%
|
86
+13%
|
97
+13%
|
109
+12%
|
117
+8%
|
704
+501%
|
1 303
+85%
|
1 905
+46%
|
2 693
+41%
|
2 650
-2%
|
2 651
+0%
|
2 720
+3%
|
2 826
+4%
|
2 945
+4%
|
3 070
+4%
|
3 179
+4%
|
3 234
+2%
|
3 345
+3%
|
3 421
+2%
|
3 569
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(7)
|
(2)
|
(10)
|
(7)
|
(11)
|
(12)
|
(10)
|
(11)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(12)
|
(14)
|
(12)
|
(20)
|
(14)
|
(16)
|
(17)
|
0
|
(16)
|
(7)
|
(11)
|
(14)
|
(12)
|
(11)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(18)
|
(14)
|
(15)
|
(19)
|
(18)
|
(19)
|
(22)
|
(24)
|
(28)
|
(33)
|
(38)
|
(43)
|
(48)
|
(54)
|
(59)
|
(65)
|
(70)
|
(532)
|
(1 015)
|
(1 501)
|
(2 118)
|
(2 078)
|
(2 061)
|
(2 098)
|
(2 178)
|
(2 275)
|
(2 376)
|
(2 468)
|
(2 498)
|
(2 581)
|
(2 629)
|
(2 734)
|
|
| Gross Profit |
1
N/A
|
1
-33%
|
3
+350%
|
2
-22%
|
4
+67%
|
4
+17%
|
4
-5%
|
4
N/A
|
3
-13%
|
2
-41%
|
1
-35%
|
1
-54%
|
(1)
N/A
|
1
N/A
|
2
+300%
|
3
+45%
|
4
+45%
|
4
-12%
|
3
-11%
|
3
+3%
|
4
+24%
|
6
+48%
|
7
+19%
|
6
-24%
|
5
-5%
|
5
-13%
|
0
N/A
|
7
N/A
|
2
-66%
|
3
+32%
|
4
+21%
|
2
-31%
|
2
-25%
|
1
-28%
|
1
-15%
|
1
+27%
|
3
+114%
|
5
+50%
|
8
+84%
|
6
-27%
|
7
+11%
|
9
+37%
|
10
+10%
|
11
+10%
|
12
+11%
|
14
+13%
|
16
+14%
|
18
+14%
|
21
+14%
|
25
+18%
|
28
+16%
|
33
+17%
|
38
+15%
|
44
+14%
|
48
+9%
|
172
+261%
|
287
+67%
|
404
+41%
|
575
+42%
|
572
-1%
|
590
+3%
|
622
+5%
|
648
+4%
|
670
+3%
|
694
+4%
|
711
+2%
|
736
+4%
|
764
+4%
|
792
+4%
|
835
+5%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(1)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(6)
|
(5)
|
0
|
(5)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(6)
|
(9)
|
(10)
|
(12)
|
(14)
|
(16)
|
(18)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(27)
|
(99)
|
(177)
|
76
|
340
|
(42)
|
(60)
|
(409)
|
(406)
|
(416)
|
(426)
|
(427)
|
(435)
|
(455)
|
(468)
|
(493)
|
|
| Selling, General & Administrative |
(4)
|
(1)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
(4)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(89)
|
(169)
|
(266)
|
(357)
|
(381)
|
(387)
|
(382)
|
(302)
|
(385)
|
(402)
|
(404)
|
(322)
|
(430)
|
(444)
|
(469)
|
|
| Research & Development |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(3)
|
(2)
|
(2)
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
(92)
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(7)
|
(10)
|
(14)
|
(17)
|
(19)
|
(22)
|
(21)
|
(22)
|
(23)
|
(22)
|
(22)
|
(22)
|
(21)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(4)
|
349
|
707
|
353
|
344
|
(8)
|
0
|
(10)
|
0
|
0
|
1
|
(3)
|
(2)
|
(3)
|
|
| Operating Income |
(3)
N/A
|
0
N/A
|
0
N/A
|
(0)
N/A
|
1
N/A
|
1
+71%
|
1
-17%
|
1
+20%
|
1
-58%
|
(1)
N/A
|
(2)
-80%
|
(2)
-33%
|
(4)
-50%
|
(2)
+36%
|
(1)
+43%
|
(0)
+69%
|
1
N/A
|
0
-88%
|
(0)
N/A
|
(0)
+25%
|
0
N/A
|
1
+450%
|
2
+73%
|
(1)
N/A
|
(1)
+10%
|
(1)
+22%
|
1
N/A
|
2
+150%
|
(0)
N/A
|
(1)
-250%
|
(1)
-100%
|
(2)
-50%
|
(3)
-57%
|
(4)
-15%
|
(3)
+11%
|
(3)
N/A
|
(2)
+38%
|
(1)
+71%
|
2
N/A
|
1
-60%
|
0
-50%
|
0
-25%
|
0
-33%
|
(1)
N/A
|
(2)
-167%
|
(2)
-19%
|
(2)
-11%
|
(2)
+29%
|
(0)
+93%
|
2
N/A
|
6
+129%
|
9
+64%
|
13
+43%
|
17
+33%
|
20
+19%
|
73
+257%
|
110
+52%
|
480
+335%
|
915
+91%
|
530
-42%
|
530
N/A
|
213
-60%
|
242
+14%
|
254
+5%
|
268
+6%
|
284
+6%
|
301
+6%
|
309
+3%
|
324
+5%
|
342
+6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(8)
|
(18)
|
(27)
|
(34)
|
(34)
|
(33)
|
(34)
|
(36)
|
(33)
|
(31)
|
(26)
|
(21)
|
(17)
|
(12)
|
(11)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(354)
|
0
|
0
|
0
|
(11)
|
(5)
|
(6)
|
(6)
|
(8)
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(8)
|
(7)
|
(7)
|
(8)
|
|
| Pre-Tax Income |
(4)
N/A
|
1
N/A
|
1
-13%
|
1
N/A
|
1
+100%
|
1
-36%
|
1
-11%
|
1
N/A
|
0
N/A
|
(2)
N/A
|
(2)
-53%
|
(3)
-30%
|
(4)
-43%
|
(3)
+28%
|
(2)
+35%
|
(1)
+30%
|
(0)
+93%
|
(1)
-500%
|
(1)
-67%
|
(1)
-30%
|
(1)
+54%
|
0
N/A
|
1
+250%
|
(2)
N/A
|
(2)
-40%
|
(3)
-24%
|
(0)
+92%
|
0
N/A
|
(1)
N/A
|
(3)
-222%
|
(5)
-59%
|
(6)
-37%
|
(7)
-16%
|
(7)
+5%
|
(6)
+10%
|
(5)
+21%
|
(3)
+45%
|
(1)
+78%
|
2
N/A
|
1
-56%
|
0
-50%
|
0
-25%
|
0
-33%
|
(1)
N/A
|
(1)
-180%
|
(2)
-43%
|
(2)
-10%
|
(2)
+32%
|
0
N/A
|
3
N/A
|
6
+100%
|
9
+64%
|
13
+40%
|
17
+33%
|
20
+18%
|
64
+219%
|
92
+43%
|
453
+392%
|
525
+16%
|
493
-6%
|
494
+0%
|
175
-65%
|
192
+10%
|
213
+11%
|
227
+7%
|
248
+9%
|
264
+6%
|
285
+8%
|
305
+7%
|
323
+6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
5
|
(7)
|
(20)
|
(108)
|
(120)
|
(112)
|
(103)
|
(16)
|
(24)
|
(28)
|
(39)
|
(50)
|
(51)
|
(51)
|
(55)
|
(58)
|
|
| Income from Continuing Operations |
(4)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
(2)
|
(2)
|
(3)
|
(0)
|
0
|
(1)
|
(3)
|
(5)
|
(6)
|
(7)
|
(7)
|
(6)
|
(5)
|
(3)
|
(1)
|
2
|
1
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
3
|
6
|
9
|
19
|
23
|
25
|
57
|
72
|
345
|
405
|
381
|
391
|
159
|
168
|
185
|
188
|
198
|
213
|
234
|
250
|
265
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(3)
N/A
|
1
N/A
|
1
N/A
|
1
-13%
|
1
+100%
|
1
-36%
|
1
-11%
|
1
N/A
|
0
N/A
|
(2)
N/A
|
(2)
-53%
|
(3)
-30%
|
(4)
-43%
|
(3)
+28%
|
(2)
+35%
|
(1)
+30%
|
(0)
+93%
|
(1)
-600%
|
(1)
-57%
|
(1)
-27%
|
(1)
+57%
|
0
N/A
|
1
+250%
|
(2)
N/A
|
(2)
-40%
|
(3)
-24%
|
(0)
+88%
|
0
N/A
|
(1)
N/A
|
(3)
-222%
|
(5)
-59%
|
(7)
-41%
|
(8)
-15%
|
(7)
+5%
|
(6)
+10%
|
(5)
+23%
|
(3)
+45%
|
(1)
+78%
|
2
N/A
|
1
-41%
|
1
-31%
|
1
N/A
|
0
-78%
|
(1)
N/A
|
(1)
-140%
|
(2)
-58%
|
(2)
-5%
|
(1)
+30%
|
(0)
+93%
|
3
N/A
|
6
+107%
|
9
+64%
|
19
+105%
|
23
+21%
|
25
+10%
|
57
+128%
|
72
+26%
|
345
+380%
|
405
+17%
|
381
-6%
|
391
+3%
|
159
-59%
|
168
+6%
|
185
+10%
|
188
+2%
|
198
+5%
|
213
+8%
|
234
+10%
|
250
+7%
|
265
+6%
|
|
| EPS (Diluted) |
-1.46
N/A
|
0.26
N/A
|
0.23
-12%
|
0.21
-9%
|
0.44
+110%
|
0.15
-66%
|
0.21
+40%
|
0.24
+14%
|
-0.01
N/A
|
-0.32
-3 100%
|
-0.62
-94%
|
-0.76
-23%
|
-1.02
-34%
|
-0.7
+31%
|
-0.46
+34%
|
-0.32
+30%
|
-0.02
+94%
|
-0.14
-600%
|
-0.25
-79%
|
-0.31
-24%
|
-0.13
+58%
|
0.05
N/A
|
0.17
+240%
|
-0.34
N/A
|
-0.46
-35%
|
-0.59
-28%
|
-0.06
+90%
|
0.05
N/A
|
-0.2
N/A
|
-0.65
-225%
|
-0.67
-3%
|
-1.08
-61%
|
-0.94
+13%
|
-0.56
+40%
|
-0.38
+32%
|
-0.35
+8%
|
-0.12
+66%
|
-0.02
+83%
|
0.06
N/A
|
0.03
-50%
|
0.01
-67%
|
0.01
N/A
|
0.02
+100%
|
-0.01
N/A
|
-0.02
-100%
|
-0.04
-100%
|
-0.05
-25%
|
-0.03
+40%
|
0
N/A
|
0.07
N/A
|
0.13
+86%
|
0.21
+62%
|
0.36
+71%
|
0.46
+28%
|
0.5
+9%
|
0.27
-46%
|
0.34
+26%
|
1.63
+379%
|
1.88
+15%
|
1.45
-23%
|
1.48
+2%
|
0.6
-59%
|
0.64
+7%
|
0.7
+9%
|
0.71
+1%
|
0.74
+4%
|
0.8
+8%
|
0.87
+9%
|
0.93
+7%
|
0.98
+5%
|
|