---
schema_version: "secwatch.filing_event.v1"
accession: "0001833756-26-000009"
form_type: "8-K"
ticker: "DRS"
cik: "0001833756"
company_name: "Leonardo DRS, Inc."
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:52:47.621102+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Leonardo DRS Q4 revenue $1.06B, FY EPS $1.03; backlog $8.7B, initiates 2026 guidance

## Summary
- Q4 revenue $1,060M, up 8% YoY; full-year revenue $3,648M, up 13% YoY.
- Q4 diluted EPS $0.38; adjusted diluted EPS $0.42; full-year diluted EPS $1.03 (up 29% YoY), adjusted EPS $1.15.
- Full-year bookings $4.2B (book-to-bill 1.2x); backlog $8.7B, up 3% from prior year.
- Adjusted EBITDA for Q4 $158M, full-year $453M; net earnings $278M for FY2025.
- 2026 guidance initiated: expects continued strong growth driven by defense demand.

## SEC filing metadata
- accession: 0001833756-26-000009
- form_type: 8-K
- ticker: DRS
- cik: 0001833756
- company_name: Leonardo DRS, Inc.
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833756/000183375626000009/0001833756-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833756/000183375626000009/drs-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001833756-26-000009
- JSON: https://secwatch.observer/filing/0001833756-26-000009.json
- Plain text: https://secwatch.observer/filing/0001833756-26-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.