DRS Q3 2024 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q3 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$812M+15.5% YoY

Gross Profit

$179M22.0% margin

Operating Income

$75M9.2% margin

Net Income

$57M7.0% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$59M

Free Cash Flow

$47M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.4B

Stockholders' Equity

$2.5B

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$812M	$703M	+15.5%
Gross Profit	$179M	$162M	+10.5%
Operating Income	$75M	$59M	+27.1%
Net Income	$57M	$47M	+21.3%

Revenue Segments

Product

$762M94%

Service

$50M6%