DRS Q2 2021 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q2 2021 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$658M+1.2% YoY

Gross Profit

$127M19.3% margin

Operating Income

$51M7.8% margin

Net Income

$32M4.9% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

-3.4%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$48M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.4B

Stockholders' Equity

$1.5B

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$658M	$650M	+1.2%
Gross Profit	$127M	$109M	+16.5%
Operating Income	$51M	$30M	+70.0%
Net Income	$32M	$13M	+146.2%

Revenue Segments

Product

$562M85%

Service

$96M15%