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Leonardo DRS (DRS) operating margin by quarter

Leonardo DRS' operating margin was 10.9% in Q3 2026 (third quarter 2026), -0.3 pts from Q2 2026. Over the last 7 quarters it ranged from 7.4% (Q1 2025) to 11.9% (Q4 2025).

Leonardo DRS operating margin by quarterLeonardo DRS operating margin by quarter7.4%Q1 20258.4%Q2 20259.7%Q3 202511.9%Q4 20259.1%Q1 202611.2%Q2 202610.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.9%-0.3 pts+1.2 pts
Q2 202611.2%+2.1 pts+2.7 pts
Q1 20269.1%-2.8 pts+1.7 pts
Q4 202511.9%+2.2 pts—
Q3 20259.7%+1.2 pts—
Q2 20258.4%+1.1 pts—
Q1 20257.4%——

Q3 2026 at a glance

Leonardo DRS, Q3 2026: revenue $1.1B (+11% year over year), operating margin 10.9%, net earnings $115M, operating cash flow $96.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Leonardo DRS' operating margin?

Leonardo DRS' operating margin was 10.9% in Q3 2026 (third quarter 2026), -0.3 pts from Q2 2026.

How has Leonardo DRS' operating margin changed?

Over the last 7 quarters it ranged from 7.4% (Q1 2025) to 11.9% (Q4 2025).

Q3 2026 results → · How Leonardo DRS makes money →