DRS Q2 2024 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$753M+19.9% YoY

Gross Profit

$169M22.4% margin

Operating Income

$55M7.3% margin

Net Income

$38M5.0% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$0

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$1.4B

Stockholders' Equity

$2.4B

Cash & Equivalents

$149M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$753M	$628M	+19.9%
Gross Profit	$169M	$145M	+16.6%
Operating Income	$55M	$42M	+31.0%
Net Income	$38M	$35M	+8.6%

Revenue Segments

Product

$731M97%

Service

$22M3%