# Leonardo DRS (DRS) — Earnings

DRS · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/drs/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.35 |
| EPS estimate | $0.27 |
| EPS surprise | +28.30% |
| Revenue surprise | +1.20% |
| Revenue | $913.0M |
| Revenue estimate | $902.2M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1833756/000183375626000040/drs-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/91c5b8e4-a33a-1a94-d9df-8970c9867669.html) |

Leonardo DRS reported Q2 2026 results on July 30, 2026. Earnings per share were $0.35, ahead of the $0.27 estimate by 28.30%. Revenue was $913.0 million against a $902.2 million consensus. Compared with Q2 2025, EPS rose about 52% from $0.23 and revenue rose about 10% from $829.0 million.

The record in the table is shorter than usual, with 16 quarters from Q3 2022. The oldest row lacks a report date and shows a revenue estimate far from the actual figure. Annual EPS rose from $0.73 in 2023 to $0.94 in 2024 and $1.14 in 2025. The first half of 2026 totals $0.61 per share, about 42% more than the same half of 2025. Each year follows a similar shape: the first quarter is the lightest and the fourth the strongest. Q4 2025 holds the highs in the table, at $0.42 per share and $1.1 billion in revenue. The company beat the EPS estimate in 15 of the 16 quarters, and in each of the last 12.

Q3 results came out on October 29 or 30 in 2024 and 2025, and on November 2 in 2023. That points to late October or early November 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.27 | $0.35 | 28.30% | $902.2M | $913.0M |
| Q1 2026 | May 5, 2026 | $0.20 | $0.26 | 26.89% | $824.8M | $846.0M |
| Q4 2025 | Feb 24, 2026 | $0.37 | $0.42 | 13.98% | $989.3M | $1.1B |
| Q3 2025 | Oct 29, 2025 | $0.28 | $0.29 | 4.17% | $924.8M | $960.0M |
| Q2 2025 | Jul 30, 2025 | $0.21 | $0.23 | 7.28% | $827.5M | $829.0M |
| Q1 2025 | May 1, 2025 | $0.17 | $0.20 | 21.14% | $736.7M | $799.0M |
| Q4 2024 | Feb 20, 2025 | $0.35 | $0.38 | 7.62% | $942.2M | $981.0M |
| Q3 2024 | Oct 30, 2024 | $0.19 | $0.24 | 23.39% | $775.4M | $812.0M |
| Q2 2024 | Jul 30, 2024 | $0.14 | $0.18 | 30.25% | $680.4M | $753.0M |
| Q1 2024 | May 1, 2024 | $0.12 | $0.14 | 20.38% | $645.6M | $688.0M |
| Q4 2023 | Feb 27, 2024 | $0.30 | $0.31 | 4.48% | $880.0M | $926.0M |
| Q3 2023 | Nov 2, 2023 | $0.16 | $0.20 | 28.78% | $682.1M | $703.0M |
| Q2 2023 | Aug 2, 2023 | $0.11 | $0.15 | 36.74% | $630.5M | $628.0M |
| Q1 2023 | May 3, 2023 | $0.05 | $0.07 | 28.68% | $531.0M | $569.0M |
| Q4 2022 | Mar 28, 2023 | $0.32 | $0.35 | 9.68% | $886.5M | $820.0M |
| Q3 2022 | Invalid Date | $0.09 | $0.08 | -7.73% | $30.6M | $634.0M |

## Frequently Asked Questions

### When did Leonardo DRS (DRS) last report earnings?

Leonardo DRS last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did DRS beat earnings estimates?

Yes. Leonardo DRS reported EPS of $0.35 for Q2 2026 against a $0.27 estimate — a 28.30% beat.

### How much revenue did DRS report last quarter?

Leonardo DRS reported $913.0M in revenue for Q2 2026, against a consensus estimate of $902.2M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).