DRS FY 2023 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

FY 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$2.8B+4.9% YoY

Gross Profit

$648M22.9% margin

Operating Income

$231M8.2% margin

Net Income

$168M5.9% margin

EPS (Diluted)

$0.64

Cash Flow

Operating Cash Flow

$205M

Free Cash Flow

$145M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$467M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.7B	+4.9%
Gross Profit	$648M	$575M	+12.7%
Operating Income	$231M	$561M	-58.8%
Net Income	$168M	$405M	-58.5%