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AI brief of an SEC Form 8-K · Leonardo DRS, Inc. (DRS)

Leonardo DRS Q3 revenue rises 11%, net earnings up 60%, and 2026 guidance is raised

Positive Impact 4 of 5 earnings Written later

Leonardo DRS reported third-quarter 2026 results on October 29, 2026, with revenue of $1.1 billion, up 11% year-over-year, and net earnings of $115 million, up 60%. The company raised its 2026 guidance for revenue, Adjusted EBITDA and Adjusted Diluted EPS, and that guidance excludes the pending acquisition of Raft LLC. Third-quarter free cash flow of $61 million was lower than a year earlier, though the company said year-to-date operating and free cash flow are well ahead of the prior-year period.

Key points

  • Revenue of $1.1 billion, up 11% year-over-year; diluted EPS of $0.43 versus $0.26 a year earlier
  • 2026 revenue guidance raised to $3,950 million-$3,985 million from $3,900 million-$3,975 million
  • 2026 Adjusted Diluted EPS guidance raised to $1.50-$1.53 from $1.34-$1.39
  • Quarterly dividend of $0.09 per share payable November 25, 2026, to holders of record November 12, 2026

The filing

CompanyLeonardo DRS, Inc. (DRS)
Form8-K, current report
Filed with the SECOct 29, 2026, 7:29 AM ET
Accession number0001833756-26-000042

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.