DRSLeonardo DRS, Inc.

$12B

Q1 2021 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$681M+16.8% YoY

Gross Profit

$136M20.0% margin

Operating Income

$51M7.5% margin

Net Income

$29M4.3% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-17.6%

Cash Flow

Operating Cash Flow

-$249M

Free Cash Flow

-$262M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.5B

Stockholders' Equity

$1.5B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$681M	$583M	+16.8%
Gross Profit	$136M	$106M	+28.3%
Operating Income	$51M	$35M	+45.7%
Net Income	$29M	$10M	+190.0%

DRS Q1 2021 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena