Leonardo DRS Operating Expenses Growth & History (DRS)
Leonardo DRS's operating expenses was $521.0M for fiscal 2025.
View full Leonardo DRS company overviewLeonardo DRS annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $521.0M | $78.0M | +17.61% |
| 2024 | 2024-12-31 | $443.0M | $26.0M | +6.24% |
| 2023 | 2023-12-31 | $417.0M | $403.0M | +2878.57% |
| 2022 | 2022-12-31 | $14.0M | −$297.0M | −95.50% |
| 2021 | 2021-12-31 | $311.0M | −$2.0M | −0.64% |
| 2020 | 2020-12-31 | $313.0M | $17.0M | +5.74% |
| 2019 | 2019-12-31 | $296.0M | — | — |
Leonardo DRS quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $135.0M | $8.0M | +6.30% |
| Q1 2026 | 2026-03-31 | $135.0M | $13.0M | +10.66% |
| Q4 2025 | 2025-12-31 | $143.0M | $28.0M | +24.35% |
| Q3 2025 | 2025-09-30 | $129.0M | $25.0M | +24.04% |
| Q2 2025 | 2025-06-30 | $127.0M | $13.0M | +11.40% |
| Q1 2025 | 2025-03-31 | $122.0M | $12.0M | +10.91% |
| Q4 2024 | 2024-12-31 | $115.0M | $10.0M | +9.52% |
| Q3 2024 | 2024-09-30 | $104.0M | $1.0M | +0.97% |
| Q2 2024 | 2024-06-30 | $114.0M | $11.0M | +10.68% |
| Q1 2024 | 2024-03-31 | $110.0M | $4.0M | +3.77% |
| Q4 2023 | 2023-12-31 | $105.0M | $8.0M | +8.25% |
| Q3 2023 | 2023-09-30 | $103.0M | — | — |
| Q2 2023 | 2023-06-30 | $103.0M | $18.0M | +21.18% |
| Q1 2023 | 2023-03-31 | $106.0M | $28.0M | +35.90% |
| Q4 2022 | 2022-12-31 | $97.0M | $25.0M | +34.72% |
| Q2 2022 | 2022-06-30 | $85.0M | $9.0M | +11.84% |
| Q1 2022 | 2022-03-31 | $78.0M | −$7.0M | −8.24% |
| Q4 2021 | 2021-12-31 | $72.0M | −$6.0M | −7.69% |
| Q3 2021 | 2021-09-30 | $78.0M | −$7.0M | −8.24% |
| Q2 2021 | 2021-06-30 | $76.0M | −$3.0M | −3.80% |
| Q1 2021 | 2021-03-31 | $85.0M | $14.0M | +19.72% |
| Q4 2020 | 2020-12-31 | $78.0M | — | — |
| Q3 2020 | 2020-09-30 | $85.0M | — | — |
| Q2 2020 | 2020-06-30 | $79.0M | — | — |
| Q1 2020 | 2020-03-31 | $71.0M | — | — |
Leonardo DRS operating expenses trends
Over the last five fiscal years, Leonardo DRS's operating expenses increased from $313.0M to $521.0M, a change of $208.0M. The latest reported quarter, Q2 2026, shows $135.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Leonardo DRS source filings ↗