Leonardo DRS Q2 FY26 net earnings rise 59% to $86 million; revenue climbs 10% to $913 million

Reuters2026/07/30 11:45

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Leonardo DRS posted Q2 2026 net earnings of USD 86 million, up 59% year-over-year; diluted EPS rose 60% to USD 0.32.
Revenue increased 10% from a year earlier to USD 913 million; net margin widened 2.9 percentage points to 9.4%.
Adjusted EBITDA (non-GAAP) climbed 33% to USD 128 million; adjusted diluted EPS rose 52% to USD 0.35.
Bookings grew to USD 1.1 billion, lifting funded backlog 17% year-over-year to a record USD 5.1 billion.
DRS raised 2026 adjusted EBITDA guidance to USD 525 million-USD 540 million, lifting adjusted diluted EPS to USD 1.34-USD 1.39; announced a USD 450 million Raft acquisition.

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 GlobeNewswire (Ref. ID: 202607300730PRIMZONEFULLFEED9800405) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Leonardo DRS Q2 FY26 net earnings rise 59% to $86 million; revenue climbs 10% to $913 million

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