Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

Leonardo DRS, Inc.
Next earnings Jul 28, 2026 · consensus $0.28 EPS, $911M rev
Last earnings -0.8% on 2026-05-05
Fast-growing defense-tech leader in sensing, edge computing and electric propulsion — quality and momentum, but priced at 45x.
Sources: SEC EDGAR (CIK 0001833756, latest 10-Q filed 2026-05-05) · EODHD · analysis by claude-code · as of 6/21/2026, 8:48:04 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
The fundamentals carry the rating, but the price is rich (~15% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Leonardo DRS is a focused defense-technology provider in high-priority areas — advanced sensing, network edge computing, force protection, and electric power/propulsion — selling principally to the U.S. Navy and Army (each ~36% of revenue) and allied governments. The growth profile is excellent and accelerating: FY2025 revenue rose 12.8% to $3.65B, gross profit climbed 18.1% to $869M (gross margin 23.8%), operating income rose 18.8% to $348M, and net income jumped 30.5% to $278M ($1.03 diluted EPS, +28.7%). Crucially, growth is high-quality cash: operating cash flow rose 35.1% to $366M, and the balance sheet is conservative with only $348M long-term debt against $647M cash and $2.73B equity.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $2.88B | $2.69B | $2.83B | $3.23B | $3.65B |
| Gross profit | $547M | $575M | $648M | $736M | $869M |
| Operating income | $236M | $561M | $231M | $293M | $348M |
| Net income | $154M | $405M | $168M | $213M | $278M |
| Diluted EPS | $0.73 | $1.88 | $0.64 | $0.80 | $1.03 |
| Net margin | 5.3% | 15.0% | 5.9% | 6.6% | 7.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1482 tracked peers · median
1 buy · 1 member · last 180d
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 0 open-market buys · 3 sales
| 2026-06-11 | Wallace Sally EVP, Chief Operating Officer | Sell | 1.30K @ $50.00 | $65.0K |
| 2026-06-08 | Dippold Michael EVP and CFO | Sell | 8.32K @ $46.48 | $387K |
| 2026-06-04 | Dorfman Mark EVP, GC and Secretary | Sell | 5.54K @ $45.75 | $253K |
| 2026-06-04 | TOWNSEND FRANCES F Director | Exercise | 3.56K | |
| 2026-06-04 | SALZMAN ERIC Director | Exercise | 3.56K | |
| 2026-06-04 | Brothers Louis R Jr Director | Exercise | 3.56K | |
| 2026-06-04 | Krieg Kenneth J Director | Exercise | 3.56K | |
| 2026-06-04 | Jeffery Reuben III Director | Exercise | 649.00 |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.