Quarterly ResultJul 30, 2026, 04:29 PM
Leonardo DRS Q2 Revenue $913M, Net Earnings $86M; EPS $0.32
AI Summary
Leonardo DRS, Inc. reported strong financial results for the second quarter and first half of 2026. For Q2 2026, revenue increased by 10.1% to $913 million, and net earnings surged by 59.3% to $86 million, with diluted EPS rising to $0.32. Year-to-date, revenue grew by 8.1% to $1,759 million, and net earnings increased by 42.3% to $148 million. The company also repaid its $191 million 2022 Term Loan A and established a new $500 million revolving credit facility.
Key Highlights
- Q2 2026 Revenue increased to $913M from $829M (+10.1%) YoY.
- Q2 2026 Net Earnings rose to $86M from $54M (+59.3%) YoY.
- Q2 2026 Diluted EPS increased to $0.32 from $0.20 (+60%) YoY.
- H1 2026 Revenue increased to $1,759M from $1,628M (+8.1%) YoY.
- H1 2026 Net Earnings rose to $148M from $104M (+42.3%) YoY.
- H1 2026 Diluted EPS increased to $0.55 from $0.39 (+41%) YoY.
- Repaid $191M outstanding balance of 2022 Term Loan A in January 2026.
- Entered into a new $500M 2026 Revolving Credit Facility.
Price Impact
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