Leonardo DRS, Inc. (DRS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 05, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 1.33% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
270M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

DRS currently has 266M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 1.33% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 05, 2026

10-Q filing | 265.9M shares outstanding

270M 0
Oct 29, 2025

10-Q filing | 266.2M shares outstanding

270M 0
Jul 30, 2025

10-Q filing | 266.2M shares outstanding

270M 0
May 01, 2025

10-Q filing | 265.3M shares outstanding

270M 0
Mar 03, 2025

10-K filing | 263.7M shares outstanding

260M 0
Oct 30, 2024

10-Q filing | 264.0M shares outstanding

260M 0
Jul 30, 2024

10-Q filing | 263.0M shares outstanding

260M 0
May 01, 2024

10-Q filing | 263.0M shares outstanding

260M 0
Feb 28, 2024

10-K filing | 264.0M shares outstanding

260M 0
Nov 21, 2023

8-K filing: Leonardo DRS, Inc. closed a secondary offering of 20,700,000 shares of its common stock at $17.75 per share by Leonardo US Holding, LLC.

260M 0
Nov 02, 2023

10-Q filing | 262.0M shares outstanding

260M 0
Aug 02, 2023

10-Q filing | 261.0M shares outstanding

260M 0
May 04, 2023

10-Q filing | 260.0M shares outstanding

260M 0
Mar 28, 2023

10-K filing | 260.5M shares outstanding

260M 0
Nov 23, 2022
Stock Split

8-K filing: Stock split 1.451345331-for-1 | Outstanding: 145,000,000 → 210,445,073

210M 0
Nov 07, 2022

10-Q filing | 145.0M shares outstanding

150M 0
Oct 04, 2022

RW filing: This is a request to withdraw Post-Effective Amendment No. 1 to the Company's registration statement on Form S-1 because the selling stockholder decided not to proceed with the offering.

150M 0
Sep 29, 2022

RW filing: This is a request to withdraw the registration statement on Form S-1 (File No. 333-253583) because the selling stockholder decided not to proceed with the offering.

150M 0
Aug 15, 2022

10-Q filing | 145.0M shares outstanding

150M 0
May 16, 2022

10-Q filing | 145.0M shares outstanding

150M 0
Mar 28, 2022

10-K filing | 145.0M shares outstanding

150M 0
Nov 12, 2021

10-Q filing | 145.0M shares outstanding

150M 0
Aug 13, 2021

10-Q filing | 145.0M shares outstanding

150M 0
Jun 11, 2021

POS AM filing: This POS AM filing relates to an offering of common stock by a selling stockholder. The company will not receive any proceeds from the sale. The number of shares outstanding after the offering is based on 145,000,000 shares outstanding as of March 31, 2021.

150M 0
Mar 22, 2021

S-1/A filing: This S-1/A filing relates to an offering of common stock by a selling stockholder, with underwriters having an option to purchase additional shares. The company will not receive any proceeds from the sale.

150M 37M
Mar 15, 2021

S-1/A filing: This S-1/A filing from Leonardo DRS details an offering of common stock by a selling stockholder, with an option for underwriters to purchase additional shares.

150M 37M
Feb 26, 2021

S-1 filing: S-1 filing for common stock offering by selling stockholder, with 145,000,000 shares outstanding after the offering.

150M 0
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