Kratos Defense & Security Solutions, Inc. (KTOS)

KTOS Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020	Dec 29, 2019
Revenue	1,083	1,037	898.3	811.5	747.7	717.5
Revenue Growth (YoY)	15.91%	15.45%	10.70%	8.53%	4.21%	16.10%
Cost of Revenue	802.3	768.5	672.3	586.4	544.5	527.5
Gross Profit	280.2	268.6	226	225.1	203.2	190
Selling, General & Admin	204.4	197.8	182.5	160.2	144.5	130.8
Research & Development	37.8	38.4	38.6	35.2	27	18
Other Operating Expenses	0.4	1.3	7.5	1.8	2.4	3.2
Operating Expenses	242.6	237.5	228.6	197.2	173.9	152
Operating Income	37.6	31.1	-2.6	27.9	29.3	38
Interest Expense / Income	18	20.5	17.7	23.4	22.8	21.6
Other Expense / Income	9.3	10.6	15.2	2.6	0.4	-0.9
Pretax Income	10.3	0	-35.5	1.9	6.1	17.3
Income Tax	10.9	8.9	1.4	3.9	-73.5	4.8
Net Income	-0.6	-8.9	-36.9	-2	79.6	12.5
Net Income Growth	-	-	-	-	536.80%	-
Shares Outstanding (Basic)	140	130	127	125	116	106
Shares Outstanding (Diluted)	142	130	127	128	119	109
Shares Change	10.46%	2.92%	-1.02%	7.83%	8.70%	2.92%
EPS (Basic)	-	-0.07	-0.29	-0.02	0.69	0.12
EPS (Diluted)	-	-0.07	-0.29	-0.02	0.67	0.11
EPS Growth	-	-	-	-	509.09%	-
Free Cash Flow	30.3	12.8	-71.1	-15.7	10.7	3.7
Free Cash Flow Per Share	0.22	0.10	-0.56	-0.13	0.09	0.04
Gross Margin	25.88%	25.90%	25.16%	27.74%	27.18%	26.48%
Operating Margin	3.47%	3.00%	-0.29%	3.44%	3.92%	5.30%
Profit Margin	-0.06%	-0.86%	-4.11%	-0.25%	10.65%	1.74%
Free Cash Flow Margin	2.80%	1.23%	-7.91%	-1.93%	1.43%	0.52%
Effective Tax Rate	105.83%	-	-	205.26%	-1204.92%	27.75%
EBITDA	74.7	65.2	23.1	60	62.9	74
EBITDA Margin	6.90%	6.29%	2.57%	7.39%	8.41%	10.31%
Depreciation & Amortization	46.4	44.7	40.9	34.7	34	35.1
EBIT	28.3	20.5	-17.8	25.3	28.9	38.9
EBIT Margin	2.61%	1.98%	-1.98%	3.12%	3.87%	5.42%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).