The table below shows Leonardo DRS, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$3.65B
$3.23B
$2.83B
$2.69B
$2.88B
$2.78B
Cost of revenue
$2.78B
$2.50B
$2.18B
$2.12B
$2.33B
$2.28B
Gross profit
$869.00M
$736.00M
$648.00M
$575.00M
$547.00M
$494.00M
R&D
$129.00M
$92.00M
$82.00M
$58.00M
$48.00M
$41.00M
DRS annual revenue (10-K history)
Leonardo DRS, Inc. reported annual revenue of $3.65B for fiscal year 2025. That is up 12.8% from $3.23B in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $2.71B (FY 2019) to $3.65B. Figures come from the company's audited annual reports as filed with the SEC.