$DRS 0.56 Developing

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• @wallstengine bullish 39 eng

  LEONARDO DRS $DRS Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $913M (Est. $902M) 🟢; +10% YoY 🔹 Adj. EPS: $0.35 (Est. $0.27) 🟢; +52% YoY 🔹 Adjusted EBITDA: $128M; +33% YoY 🔹 Funded Backlog: $5.1B; +17% YoY FY26 Guide: 🔹 Revenue: $3.9B-$3.98B (Est. $3.94B) 🟡 🔹 Adj. EBITDA: $525M-$540M; from $515M-$530M 🔹 Adj. EPS: $1.34-$1.39 (Est. $1.30) 🟢 🔹 Tax Rate: 16.5%; down from 18.5% Other Q2 Metrics: 🔹 Bookings: $1.1B; book-to-bill 1.2x Business Highlights: 🔹 Raft Acquisition: $450M, expands multi-domain AI, data fusion and mission software capabilities Comments: 🔸 “We captured over $1 billion in bookings, which increased funded backlog to record levels, drove double-digit organic revenue growth and meaningfully expanded margins and profitability.” 🔸 “Building on this momentum, the announced acquisition of Raft accelerates our multi-domain AI, data fusion and mission software position and reflects the disciplined capital deployment that underpins our long-term strategy.”

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