DRS Q2 2022 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q2 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$627M-4.7% YoY

Gross Profit

$127M20.3% margin

Operating Income

$42M6.7% margin

Net Income

$25M4.0% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.4B

Stockholders' Equity

$1.7B

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$627M	$658M	-4.7%
Gross Profit	$127M	$127M	+0.0%
Operating Income	$42M	$51M	-17.6%
Net Income	$25M	$32M	-21.9%

Revenue Segments

Product

$549M88%

Service

$78M12%