Leonardo DRS Q3 2025 Financial Results
Leonardo DRS, Inc. reported its financial results for the third quarter of 2025, showing significant growth across key metrics. Revenue increased by 18% year-over-year to $960 million, driven by strong performance in counter UAS, electric power and propulsion, naval network computing, and advanced infrared sensing programs. Net earnings rose by 26% to $72 million, while Adjusted EBITDA grew by 17% to $117 million. The company also reported a book-to-bill ratio of 1.4x, with bookings reaching $1.3 billion and backlog increasing by 8% to $8.9 billion. Leonardo DRS revised its 2025 guidance, projecting revenue between $3,550 million and $3,600 million and Adjusted Diluted EPS between $1.07 and $1.12. The company declared a cash dividend of $0.09 per share, payable on December 2, 2025.