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Leonardo DRS Q1 FY26 net earnings rise 24% to $62 million; revenue increases 6% to $846 million

PUBT·05/05/2026 11:32:54
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Leonardo DRS Q1 FY26 net earnings rise 24% to $62 million; revenue increases 6% to $846 million
  • Leonardo DRS posted first-quarter net earnings of USD 62 million, up 24%, with diluted EPS rising 21% to USD 0.23.
  • Revenue climbed 6% to USD 846 million, while net margin widened 1 percentage point to 7.3%.
  • Adjusted EBITDA, a closely watched profitability measure, jumped 28% to USD 105 million, lifting adjusted EBITDA margin 2.1 percentage points to 12.4%.
  • Funded backlog rose 8% to a record USD 4.7 billion, while quarterly bookings totaled USD 885 million for a 1.0x book-to-bill.
  • Outlook was raised, with 2026 revenue guidance increased to USD 3.9 billion-USD 3.98 billion and adjusted diluted EPS lifted to USD 1.26-USD 1.3.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leonardo DRS Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505831024) on May 05, 2026, and is solely responsible for the information contained therein.