DRS Q4 2023 Earnings — Leonardo DRS, Inc. Revenue & Financial Results | Market Cap Arena

DRSLeonardo DRS, Inc.

$12B

Q4 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$926M+12.9% YoY

Gross Profit

$210M22.7% margin

Operating Income

$105M11.3% margin

Net Income

$74M8.0% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+31.7%

Cash Flow

Operating Cash Flow

$515M

Free Cash Flow

$497M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$467M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$926M	$820M	+12.9%
Gross Profit	$210M	$184M	+14.1%
Operating Income	$105M	$87M	+20.7%
Net Income	$74M	$65M	+13.8%

Revenue Segments

Product

$870M94%

Service

$56M6%