Leonardo DRS Posts Strong Q4 and 2025 Revenue Growth

Leonardo Drs ( (DRS) ) has provided an announcement.

On February 24, 2026, Leonardo DRS reported that fourth‑quarter 2025 revenue rose to $1.1 billion and full‑year revenue to $3.6 billion, up 8% and 13% respectively, with net earnings of $102 million for the quarter and $278 million for the year and a stable adjusted EBITDA margin of 12.4%. Bookings reached $4.2 billion for 2025, producing a 1.2x book‑to‑bill ratio and lifting backlog 3% to $8.7 billion, as strong demand for tactical radars, power and propulsion and infrared sensing, plus a net $6 million non‑routine revenue benefit from a quantum laser IP license and conclusion of a legacy foreign ground surveillance program, underpinned double‑digit growth and a confident initial outlook for 2026.

The most recent analyst rating on (DRS) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on Leonardo Drs stock, see the DRS Stock Forecast page.

Spark’s Take on DRS Stock

According to Spark, TipRanks’ AI Analyst, DRS is a Outperform.

The score is driven primarily by strong financial performance and a constructive earnings outlook (growth, bookings, and backlog). Technicals are favorable but near-overbought signals add caution, and the high P/E with a modest dividend yield is the main offset.

To see Spark’s full report on DRS stock, click here.

More about Leonardo Drs

Leonardo DRS, Inc. is a leading U.S. provider of advanced defense technologies, with a platform‑agnostic portfolio spanning tactical radars, electric power and propulsion systems and advanced infrared and sensing solutions. The company focuses on delivering mission‑critical capabilities to defense customers globally, positioning itself as a key supplier in high‑growth, technology‑driven military markets.

Average Trading Volume: 1,063,673

Technical Sentiment Signal: Buy

Current Market Cap: $10.61B

For detailed information about DRS stock, go to TipRanks’ Stock Analysis page.