Leonardo DRS (DRS) Revenue & Revenue Breakdown


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Leonardo DRS Revenue Highlights


Latest Revenue (Y)

$2.83B

Latest Revenue (Q)

$753.00M

Main Segment (Y)

Product

Leonardo DRS Revenue by Period


Leonardo DRS Revenue by Year

DateRevenueChange
2023-12-31$2.83B4.94%
2022-12-31$2.69B-6.46%
2021-12-31$2.88B3.64%
2020-12-31$2.78B2.36%
2019-12-31$2.71B16.33%
2018-12-31$2.33B-

Leonardo DRS generated $2.83B in revenue during NA 2023, up 4.94% compared to the previous quarter, and up 121.13% compared to the same period a year ago.

Leonardo DRS Revenue by Quarter

DateRevenueChange
2024-06-30$753.00M9.45%
2024-03-31$688.00M-25.70%
2023-12-31$926.00M31.72%
2023-09-30$703.00M11.94%
2023-06-30$628.00M10.37%
2023-03-31$569.00M-30.61%
2022-12-31$820.00M29.34%
2022-09-30$634.00M1.12%
2022-06-30$627.00M2.45%
2022-03-31$612.00M-25.37%
2021-12-31$820.00M13.89%
2021-09-30$720.00M9.42%
2021-06-30$658.00M-3.38%
2021-03-31$681.00M-17.55%
2020-12-31$826.00M14.88%
2020-09-30$719.00M10.62%
2020-06-30$650.00M11.49%
2020-03-31$583.00M-14.08%
2019-09-30$678.50M-
2019-06-30$678.50M-
2019-03-31$678.50M16.33%
2018-09-30$583.25M-
2018-06-30$583.25M-
2018-03-31$583.25M-

Leonardo DRS generated $753.00M in revenue during Q2 2024, up 9.45% compared to the previous quarter, and up 132.34% compared to the same period a year ago.

Leonardo DRS Revenue Breakdown


Leonardo DRS Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Product$2.63B$2.44B$2.50B
Service$195.00M$250.00M$374.00M

Leonardo DRS's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (93.10%), and Service (6.90%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Product$731.00M$623.00M$870.00M$651.00M$590.00M$520.00M$773.00M$580.00M$549.00M$541.00M$767.00M$606.00M$562.00M
Service$22.00M$65.00M$56.00M$52.00M$38.00M$49.00M$47.00M$54.00M$78.00M$71.00M$53.00M$114.00M$96.00M

Leonardo DRS's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (97.08%), and Service (2.92%).

Leonardo DRS Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AIRAAR$4.20B$567.30M
MOG-AMoog$3.32B$904.74M
CWCurtiss-Wright$2.85B$784.79M
DRSLeonardo DRS$2.83B$753.00M
HXLHexcel$1.79B$499.90M
MRCYMercury Systems$835.27M$208.26M
DCODucommun$756.99M$197.00M
ATROAstronics$689.21M$198.11M
ISSCInnovative Solutions and Support$34.81M$11.77M
KTOSKratos Defense & Security Solutions-$277.20M
EVEXEve--

DRS Revenue FAQ


Leonardo DRS's yearly revenue for 2023 was $2.83B, representing an increase of 4.94% compared to 2022. The company's yearly revenue for 2022 was $2.69B, representing a decrease of -6.46% compared to 2021. DRS's yearly revenue for 2021 was $2.88B, representing an increase of 3.64% compared to 2020.

Leonardo DRS's quarterly revenue for Q2 2024 was $753M, a 9.45% increase from the previous quarter (Q1 2024), and a 19.90% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $688M, a -25.70% decrease from the previous quarter (Q4 2023), and a 20.91% increase year-over-year (Q1 2023). DRS's quarterly revenue for Q4 2023 was $926M, a 31.72% increase from the previous quarter (Q3 2023), and a 12.93% increase year-over-year (Q4 2022).

Leonardo DRS's revenue growth rate for the last 3 years (2021-2023) was -1.84%, and for the last 5 years (2019-2023) was 4.13%.

Leonardo DRS's revenue streams in c 23 are Product, and Service. Product generated $2.63B in revenue, accounting 93.10% of the company's total revenue, up 7.70% year-over-year. Service generated $195M in revenue, accounting 6.90% of the company's total revenue, down -22.00% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Leonardo DRS was Product. This segment made a revenue of $2.63B, representing 93.10% of the company's total revenue.