Leonardo DRS, Inc. (DRS) Reports Q1 EPS of $0.20, Beats on Revenue; Offers FY25 Guidance

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Leonardo DRS Announces Financial Results for First Quarter 2025

May 1, 2025 7:30 AM EDT

Revenue: $799 million, up 16% year-over-year Net Earnings: $50 million, up 72% year-over-year Adjusted EBITDA: $82 million, up 17% year-over-year Diluted EPS: $0.19, up 73% year-over-year Adjusted Diluted EPS: $0.20, up 43% year-over-year Bookings: $1 billion (book-to-bill ratio of 1.2x) Backlog: $8.6 billion, up 10% year-over-year Confirms strong 2025 guidance across all metrics

ARLINGTON, Va.--(BUSINESS WIRE)-- Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2025, which ended March 31, 2025.

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