DRS Q3 2023 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q3 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$703M+10.9% YoY

Gross Profit

$162M23.0% margin

Operating Income

$59M8.4% margin

Net Income

$47M6.7% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$1.5B

Stockholders' Equity

$2.2B

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$703M	$634M	+10.9%
Gross Profit	$162M	$130M	+24.6%
Operating Income	$59M	$376M	-84.3%
Net Income	$47M	$279M	-83.2%

Revenue Segments

Product

$651M93%

Service

$52M7%