Kratos Defense & Security Solutions Income Statement
KTOS / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Kratos Defense & Security Solutions reported $1.3B in revenue and $22M in net income for FY2025. Revenue has grown at a 25.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $1.0B | $898.3M | $811.5M | $747.7M | $717.5M | $618.0M | $751.9M | $668.7M | $657.1M | $763.0M | $844.1M | $969.2M | $54.3M |
| Cost of Revenue | $1.0B | $849.1M | $768.5M | $672.3M | $586.4M | $544.5M | $527.5M | $448.3M | $445.7M | $421.4M | $495.3M | $583.6M | $639.6M | $712.0M | $522.7M |
| Gross Profit | $307.9M | $287.2M | $268.6M | $226.0M | $225.1M | $203.2M | $190.0M | $169.7M | $157.6M | $120.5M | $161.8M | $179.4M | $204.5M | $257.2M | $191.2M |
| SG&A Expense | $240.2M | $217.2M | $198.7M | $182.8M | $160.2M | $144.5M | $130.8M | $119.8M | $127.3M | $114.6M | $150.7M | $153.6M | $172.8M | $193.1M | $140.6M |
| R&D Expense | $40.0M | $40.3M | $38.4M | $38.6M | $35.2M | $27.0M | $18.0M | $15.6M | $17.8M | $13.9M | $16.2M | $18.6M | $19.7M | $17.8M | $8.6M |
| Operating Income | $25.6M | $29.0M | $31.1M | -$2.9M | $27.9M | $29.3M | $38.0M | $30.5M | -$12.0M | -$18.0M | -$4.5M | $5.3M | $18.2M | -$49.7M | $29.5M |
| Interest Expense | $9.6M | $15.2M | $21.7M | $18.3M | $23.7M | $23.6M | $23.5M | $21.6M | $29.1M | $34.7M | $36.0M | $39.4M | $46.4M | $66.4M | $51.2M |
| Income Tax | $12.0M | $10.2M | $8.7M | $200.0K | $3.9M | -$73.5M | $4.8M | $4.6M | -$10.2M | $5.8M | -$11.4M | $3.9M | $1.1M | -$1.6M | $1.9M |
| Net Income | $22.0M | $16.3M | -$8.9M | -$36.9M | -$2.0M | $79.6M | $12.5M | -$3.5M | -$42.7M | -$60.5M | $19.8M | -$78.0M | -$37.2M | -$114.4M | -$24.2M |
| EPS (Basic) | -$0.07 | $0.11 | -$0.07 | -$0.29 | -$0.02 | $0.69 | $0.12 | -$0.03 | $0.34 | -$1.35 | $0.34 | - | -$0.65 | $0.87 | -$2.99 |
| EPS (Diluted) | -$0.07 | $0.11 | -$0.07 | -$0.29 | -$0.02 | $0.67 | $0.11 | -$0.03 | $0.34 | -$1.35 | $0.34 | -$2.44 | -$0.65 | $0.86 | -$2.99 |
| Shares Outstanding | 151.1M | 151.1M | 129.3M | 126.0M | 124.0M | 123.0M | 106.6M | 103.8M | 73.9M | 59.1M | 59.1M | 57.1M | 57.1M | 34.4M | 18.6M |
| Gross Margin | 22.9% | 25.3% | 25.9% | 25.2% | 27.7% | 27.2% | 26.5% | 27.5% | 21.0% | 18.0% | 24.6% | 23.5% | 24.2% | 26.5% | 352.1% |
| Operating Margin | 1.9% | 2.5% | 3.0% | -0.3% | 3.4% | 3.9% | 5.3% | 4.9% | -1.6% | -2.7% | -0.7% | 0.7% | 2.2% | -5.1% | 54.3% |
| Profit Margin | 1.6% | 1.4% | -0.9% | -4.1% | -0.3% | 10.7% | 1.7% | -0.6% | -5.7% | -9.0% | 3.0% | -10.2% | -4.4% | -11.8% | -44.6% |