Leonardo DRS, Inc.
DRSNASDAQIndustrials● Active
$47.10
+$0.95(+2.07%)
Market Cap$12.6B
P/E Ratio—
52W High$49.31
52W Low$32.43
Leonardo DRS, Inc. (DRS) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
DRS · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 5, 2026EPS Actual
$0.26
Est. $0.21 · +23.8%
Revenue
$0.85B
Est. $0.83B · +2.5%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 5, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue🔥 11-Quarter EPS Beat Streak
DRS reports quarterly as a NASDAQ-listed Aerospace & Defense company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
$0.07
Rev. $15.39B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.$0.07
Rev. Est.$15.39B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Jul 29, 2026 | $0.27 | — | — | — | $0.90B | — |
| ▲ Q2 FY2026 | May 5, 2026 | $0.21 | $0.26 | +23.8% | $0.85B | $0.83B | +2.5% |
| ▲ Q1 FY2026 | Feb 24, 2026 | $0.37 | $0.42 | +13.5% | $1.06B | $0.99B | +6.5% |
| ▲ Q4 FY2025 | Oct 29, 2025 | $0.28 | $0.29 | +3.6% | $0.96B | $1.00B | -3.7% |
| ▲ Q3 FY2025 | Jul 30, 2025 | $0.22 | $0.23 | +4.5% | $0.83B | $0.91B | -8.5% |
| ▲ Q2 FY2025 | May 1, 2025 | $0.17 | $0.20 | +21.1% | $0.80B | $0.74B | +8.4% |
| ▲ Q1 FY2025 | Feb 20, 2025 | $0.36 | $0.38 | +5.6% | $0.98B | $0.74B | +33.2% |
| ▲ Q4 FY2024 | Oct 30, 2024 | $0.20 | $0.24 | +20.0% | $0.81B | $0.94B | -13.6% |
Q3 FY2026
Jul 29, 2026
EPS Actual
—
EPS Est.
$0.27
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 5, 2026Beat
EPS Actual
$0.26
EPS Est.
$0.21
EPS Surpr.
+23.8%
Revenue
$0.85B
Q1 FY2026
Feb 24, 2026Beat
EPS Actual
$0.42
EPS Est.
$0.37
EPS Surpr.
+13.5%
Revenue
$1.06B
Q4 FY2025
Oct 29, 2025Beat
EPS Actual
$0.29
EPS Est.
$0.28
EPS Surpr.
+3.6%
Revenue
$0.96B
Q3 FY2025
Jul 30, 2025Beat
EPS Actual
$0.23
EPS Est.
$0.22
EPS Surpr.
+4.5%
Revenue
$0.83B
Q2 FY2025
May 1, 2025Beat
EPS Actual
$0.20
EPS Est.
$0.17
EPS Surpr.
+21.1%
Revenue
$0.80B
Q1 FY2025
Feb 20, 2025Beat
EPS Actual
$0.38
EPS Est.
$0.36
EPS Surpr.
+5.6%
Revenue
$0.98B
Q4 FY2024
Oct 30, 2024Beat
EPS Actual
$0.24
EPS Est.
$0.20
EPS Surpr.
+20.0%
Revenue
$0.81B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2027 | $0.49 | $0.50 | $0.51 | 2 |
| Q3 FY2027 | $0.38 | $0.40 | $0.40 | 2 |
| Q2 FY2027 | $0.26 | $0.27 | $0.27 | 2 |
| Q1 FY2027 | $0.24 | $0.25 | $0.25 | 2 |
| Q4 FY2026 | $0.42 | $0.43 | $0.44 | 4 |
| Q3 FY2026 | $0.33 | $0.34 | $0.35 | 6 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2027 | $1.2B | $1.2B | $1.2B | 3 |
| Q3 FY2027 | $1.1B | $1.1B | $1.1B | 3 |
| Q2 FY2027 | $0.9B | $0.9B | $1.0B | 3 |
| Q1 FY2027 | $0.9B | $0.9B | $0.9B | 3 |
| Q4 FY2026 | $1.1B | $1.2B | $1.2B | 5 |
| Q3 FY2026 | $1.0B | $1.0B | $1.0B | 6 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 5, 2026 | +23.8% | $40.00 | $39.70 | -0.75% |
| ▲ Q1 FY2026 | Feb 24, 2026 | +13.5% | $38.14 | $43.82 | +14.89% |
| ▲ Q4 FY2025 | Oct 29, 2025 | +3.6% | $40.18 | $38.43 | -4.36% |
| ▲ Q3 FY2025 | Jul 30, 2025 | +4.5% | $48.20 | $43.24 | -10.29% |
| ▲ Q2 FY2025 | May 1, 2025 | +21.1% | $36.96 | $40.23 | +8.85% |
| ▲ Q1 FY2025 | Feb 20, 2025 | +5.6% | $29.54 | $31.20 | +5.62% |
| ▲ Q4 FY2024 | Oct 30, 2024 | +20.0% | $28.40 | $31.64 | +11.41% |
| ▲ Q3 FY2024 | Jul 30, 2024 | +28.6% | $28.20 | $28.00 | -0.71% |
Q2 FY2026-0.75%
Report Date
May 5, 2026
EPS Beat/Miss
+23.8%
Price Before
$40.00
Price After
$39.70
Q1 FY2026+14.89%
Report Date
Feb 24, 2026
EPS Beat/Miss
+13.5%
Price Before
$38.14
Price After
$43.82
Q4 FY2025-4.36%
Report Date
Oct 29, 2025
EPS Beat/Miss
+3.6%
Price Before
$40.18
Price After
$38.43
Q3 FY2025-10.29%
Report Date
Jul 30, 2025
EPS Beat/Miss
+4.5%
Price Before
$48.20
Price After
$43.24
Q2 FY2025+8.85%
Report Date
May 1, 2025
EPS Beat/Miss
+21.1%
Price Before
$36.96
Price After
$40.23
Q1 FY2025+5.62%
Report Date
Feb 20, 2025
EPS Beat/Miss
+5.6%
Price Before
$29.54
Price After
$31.20
Q4 FY2024+11.41%
Report Date
Oct 30, 2024
EPS Beat/Miss
+20.0%
Price Before
$28.40
Price After
$31.64
Q3 FY2024-0.71%
Report Date
Jul 30, 2024
EPS Beat/Miss
+28.6%
Price Before
$28.20
Price After
$28.00
Avg Beat Reaction+3.08%
Beat Rate8 / 8 quarters
Largest Move+14.89% (Q1 FY2026)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: DRS ends December
Leonardo DRS, Inc. (DRS) most recently reported earnings on May 5, 2026 for Q2 FY2026, posting EPS of $0.26 — beating the analyst consensus of $0.21 by +23.8%. DRS has beaten EPS estimates for 11 consecutive quarters. The next DRS earnings date is expected around September 1, 2026.
Each quarter, investors track DRS earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. DRS revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
DRS's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
DRS earnings · 5 questionsLeonardo DRS, Inc.'s next earnings report is expected around September 1, 2026. DRS typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; DRS historically reports after market close (AMC).
DRS earnings datewhen is DRS earningsDRS next earnings datewhen does DRS report earningsDRS earnings calendar
▸ Source: FMP · Leonardo DRS, Inc. SEC filings · US GAAP · Leonardo DRS, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026