DRS Q3 2022 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q3 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$634M-11.9% YoY

Gross Profit

$130M20.5% margin

Operating Income

$376M59.3% margin

Net Income

$279M44.0% margin

EPS (Diluted)

$1.92

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$17M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.4B

Stockholders' Equity

$1.5B

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$634M	$720M	-11.9%
Gross Profit	$130M	$131M	-0.8%
Operating Income	$376M	$53M	+609.4%
Net Income	$279M	$35M	+697.1%

Revenue Segments

Product

$580M91%

Service

$54M9%