$913M 7.9%Beat EPS +29.6%
Total revenue, Q2 '26 (USD).

Did Leonardo DRS Beat Earnings?

Leonardo DRS (DRS) reported Q2 '26 revenue of $913M, up 10.1% year-over-year, with reported EPS of $0.35. That topped the $0.27 analyst estimate by 29.6% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Leonardo DRS’s job postings, web traffic, and employee business outlook. See the full DRS stock analysis or the earnings calendar for upcoming reports.

DRS Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q2 '26 $0.27 $0.35 Beat +29.6%
Q1 '26 $0.20 $0.26 Beat +30.0%
Q4 '25 $0.37 $0.42 Beat +13.2%
Q3 '25 $0.28 $0.29 Beat +3.6%
Q2 '25 $0.21 $0.23 Beat +9.5%
Q1 '25 $0.17 $0.20 Beat +17.6%

Leonardo DRS Quarterly Financial Trends (USD)

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue812M981M799M829M960M1.06B846M913M
Gross margin22.0%24.0%22.7%23.8%23.1%25.4%25.1%26.0%
Operating margin9.2%12.2%7.4%8.4%9.7%11.9%9.1%11.2%
Net income57M89M50M54M72M102M62M86M
Net margin7.0%9.1%6.3%6.5%7.5%9.6%7.3%9.4%
EPS$0.24$0.38$0.20$0.23$0.29$0.42$0.26$0.35

Leonardo DRS Earnings Trend Analysis

Over the eight quarters from Q3 '24 to Q2 '26, Leonardo DRS’s quarterly revenue moved from $812M to $913M. Net margin expanded from 7% to 9.4%, against a 26% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Leonardo DRS has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.

When Is Leonardo DRS’s Next Earnings Date?

Leonardo DRS reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the DRS earnings calendar.

Frequently Asked Questions: Leonardo DRS Earnings

Leonardo DRS's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

Leonardo DRS reported Q2 '26 EPS of $0.35 on revenue of $913M (+10.1% YoY). Leonardo DRS beat estimates, reporting $0.35 vs. the $0.27 estimate.

Leonardo DRS reported Q2 '26 revenue of $913M, up 10.1% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the DRS AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.