Leonardo DRS, Inc. (DRS) Form 8-K — Jul 30, 2026
Leonardo DRS reported strong second quarter 2026 financial results, with revenue increasing 10% year-over-year to $913 million and net earnings jumping 59% to $86 million. Diluted EPS rose 60% to $0.32, driven by robust demand in tactical radars, electric power, and infrared sensing programs. The company raised its full-year 2026 guidance for Adjusted EBITDA to a range of $525 million to $540 million and Adjusted Diluted EPS to $1.34 to $1.39, citing exceptional execution and record funded backlog of $5.1 billion. New bookings for the quarter totaled $1.1 billion, resulting in a book-to-bill ratio of 1.2x.
Key figures
- Eps
- 0.32
- Revenue
- 913
- Guidance
- Revenue $3.9B - $3.975B; Adjusted EBITDA $525M - $540M; Adjusted Diluted EPS $1.34 - $1.39
- Net Income
- 86
- Revenue Yoy
- 10%
- Cash Position
- 270
- Deal Value Usd
- 450
- Shares Outstanding
- 268.935
- Backlog
- 5.1 billion
- Bookings
- 1.1 billion
- Adjusted EBITDA
- 128
- Dividend Per Share
- 0.09
- Share Repurchase Count
- 261526
- Share Repurchase Amount
- 12
Price after filing
Close on the filing date to close N calendar days later (from $49.21). Historical, not a forecast.
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