DRS Q1 2022 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q1 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$612M-10.1% YoY

Gross Profit

$134M21.9% margin

Operating Income

$56M9.2% margin

Net Income

$36M5.9% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-25.4%

Cash Flow

Operating Cash Flow

-$255M

Free Cash Flow

-$268M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.4B

Stockholders' Equity

$1.6B

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$612M	$681M	-10.1%
Gross Profit	$134M	$136M	-1.5%
Operating Income	$56M	$51M	+9.8%
Net Income	$36M	$29M	+24.1%

Revenue Segments

Product

$541M88%

Service

$71M12%