Kratos Defense & Security Solutions, Inc. (BMV:KTOS)

BMV:KTOS Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020
Revenue	1,213	1,136	1,037	898.3	811.5	747.7
Revenue Growth (YoY)	7.76%	9.56%	15.45%	10.70%	8.53%	4.21%
Cost of Revenue	926.7	849.1	768.5	672.3	586.4	544.5
Gross Profit	286.4	287.2	268.6	226	225.1	203.2
Selling, General & Admin	222	214	197.8	182.8	160.2	144.5
Research & Development	40.7	40.3	38.4	38.6	35.2	27
Other Operating Expenses	-	3.9	1.3	7.5	1.8	2.4
Operating Income	19.8	29	31.1	-2.9	27.9	29.3
Interest Expense	-2.4	-3	-20.5	-17.7	-23.4	-22.8
Other Non-Operating Income (Expense)	2.4	0.5	0.5	-12.4	-0.1	0.3
Total Non-Operating Income (Expense)	-	-2.5	-20	-30.1	-23.5	-22.5
Pretax Income	19.8	26.5	11.1	-33	4.4	6.8
Provision for Income Taxes	5.3	10.2	8.7	0.2	3.9	-73.5
Net Income	14.5	16.3	-8.9	-36.9	-2	79.6
Minority Interest in Earnings	-	-	11.3	3.7	0.4	-0.2
Earnings From Discontinued Operations	-	-	-	-	-2.1	-0.9
Net Income to Common	14.5	16.3	-8.9	-36.9	-2	79.6
Net Income Growth	-18.54%	-	-	-	-	536.80%
Shares Outstanding (Basic)	154	149	130	127	125	116
Shares Outstanding (Diluted)	157	151	130	127	128	119
Shares Change (YoY)	12.47%	15.72%	2.92%	-1.02%	7.83%	8.70%
EPS (Basic)	0.10	0.11	-0.07	-0.29	-0.02	0.69
EPS (Diluted)	0.10	0.11	-0.07	-0.29	-0.02	0.67
EPS Growth	42.86%	-	-	-	-	509.09%
Free Cash Flow	-61.2	-8.5	12.8	-71.1	-11.2	8.8
Free Cash Flow Growth	-	-	-	-	-	238.46%
Free Cash Flow Per Share	-0.39	-0.06	0.10	-0.56	-0.09	0.07
Gross Margin	23.61%	25.28%	25.90%	25.16%	27.74%	27.18%
Operating Margin	1.63%	2.55%	3.00%	-0.32%	3.44%	3.92%
Profit Margin	1.20%	1.43%	0.23%	-3.70%	-0.14%	21.36%
FCF Margin	-5.04%	-0.75%	1.23%	-7.91%	-1.38%	1.18%
EBITDA	74.9	81.6	76.5	38.8	63.6	64.3
EBITDA Margin	6.17%	7.18%	7.38%	4.32%	7.84%	8.60%
EBIT	19.8	29	31.1	-2.9	27.9	29.3
EBIT Margin	1.63%	2.55%	3.00%	-0.32%	3.44%	3.92%
Effective Tax Rate	26.77%	38.49%	78.38%	-0.61%	88.64%	-1080.88%

Updated Jun 29, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.