← KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $668.7m |
$751.9m
+12.44%
|
$618.0m
-17.81%
|
$717.5m
+16.10%
|
$747.7m
+4.21%
|
$811.5m
+8.53%
|
$898.3m
+10.70%
|
$1.0b
+15.45%
|
$1.1b
+9.57%
|
$1.3b
+18.53%
|
$1.5b
+13.05%
|
|
| Cost of Revenue | $515.1m |
$554.6m
+7.67%
|
$448.3m
-19.17%
|
$527.5m
+17.67%
|
$544.5m
+3.22%
|
$586.4m
+7.70%
|
$672.3m
+14.65%
|
$768.5m
+14.31%
|
$849.1m
+10.49%
|
$1.0b
+22.35%
|
$1.2b
+12.84%
|
|
| Gross Profit | $153.6m |
$197.3m
+28.45%
|
$169.7m
-13.99%
|
$190.0m
+11.96%
|
$203.2m
+6.95%
|
$225.1m
+10.78%
|
$226.0m
+0.40%
|
$268.6m
+18.85%
|
$287.2m
+6.92%
|
$307.9m
+7.21%
|
$350.2m
+13.74%
|
|
| Research and Development Expense | $13.9m | $17.8m | $15.6m | $18.0m | $27.0m | $35.2m | $38.6m | $38.4m | $40.3m | $40.0m | $44.1m | |
| Selling, General and Administrative Expense | $146.3m | $160.6m | $119.8m | $130.8m | $144.5m | $160.2m | $182.5m | $197.8m | $214.0m | $240.2m | $282.9m | |
| Amortization of Intangible Assets | $10.5m | $10.4m | $5.9m | $7.4m | $6.8m | $4.7m | $7.4m | $6.8m | $8.6m | $9.6m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | ($18.6m) |
($5.8m)
+68.82%
|
$30.5m
+625.86%
|
$38.0m
+24.59%
|
$29.3m
-22.89%
|
$27.9m
-4.78%
|
($2.6m)
-109.32%
|
$31.1m
+1296.15%
|
$29.0m
-6.75%
|
$25.6m
-11.72%
|
$23.2m
-9.38%
|
|
| Interest Expense, Debt | $34.7m | $29.1m | $21.6m | $23.5m | $23.6m | $23.7m | $18.3m | $21.7m | $15.2m | $9.6m | $9.6m | |
| Interest Income, Other | $0 | $500k | $800k | $1.9m | $800k | $300k | $600k | $1.2m | $12.2m | $15.5m | $15.5m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $400k | $400k | ($1.1m) | ($1.1m) | $0 | ($800k) | ($100k) | ($1.7m) | ($500k) | ($1.1m) | — | |
| Other Nonoperating Income (Expense) | $800k | $900k | ($1.0m) | ($700k) | $300k | ($100k) | $600k | $500k | $500k | $2.5m | — | |
| Interest Income (Expense), Nonoperating, Net | ($34.7m) | ($28.6m) | ($20.8m) | ($21.6m) | ($22.8m) | ($23.4m) | ($17.7m) | ($20.5m) | ($3.0m) | $5.9m | $15.5m | |
| Nonoperating Income (Expense) | ($33.7m) | ($45.0m) | ($21.8m) | ($22.3m) | ($22.5m) | ($23.5m) | ($30.1m) | ($20.0m) | ($2.5m) | $8.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($61.8m) | ($54.2m) | $2.2m | $6.8m | ($1.6m) | ($6.7m) | ($48.4m) | ($9.6m) | $3.8m | $17.1m | $40.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $4.4m | ($32.7m) | $11.1m | $26.5m | $34.0m | $40.8m | |
| Income Tax Expense (Benefit) | $8.1m | ($8.2m) | $4.6m | $4.8m | ($73.5m) | $3.9m | $1.4m | $8.9m | $10.2m | $12.0m | $9.9m | |
| Net Income (Loss) Attributable to Parent | ($60.5m) |
($42.7m)
+29.42%
|
($3.5m)
+91.80%
|
$12.5m
+457.14%
|
$79.6m
+536.80%
|
($2.0m)
-102.51%
|
($36.9m)
-1745.00%
|
($8.9m)
+75.88%
|
$16.3m
+283.15%
|
$22.0m
+34.97%
|
$30.9m
+40.45%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $100k | ($200k) | $400k | $3.7m | $11.3m | $0 | $0 | $30.9m | |
| Earnings Per Share, Basic | ($0.99) | ($0.48) | ($0.03) | $0.12 | $0.69 | ($0.02) | ($0.29) | ($0.07) | $0.11 | $0.14 | $0.18 | |
| Earnings Per Share, Diluted | ($0.99) | ($0.48) | ($0.03) | $0.11 | $0.67 | ($0.02) | ($0.29) | ($0.07) | $0.11 | $0.13 | $0.17 | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($1) | ($0) | $0 | $0 | $1 | $0 | ($0) | ($0) | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($1) | ($0) | $0 | $0 | $1 | $0 | ($0) | ($0) | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 61.3m | 89.5m | 103.8m | 106.0m | 115.5m | 124.6m | 126.7m | 130.4m | 149.0m | 162.7m | 176.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 61.3m | 89.5m | 106.1m | 109.2m | 118.7m | 128.0m | 126.7m | 130.4m | 150.9m | 165.2m | 179.2m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $1.9m | $0 | — | $2.3m | $1.7m | $1.8m | $700k | $400k | $700k | $2.1m | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($60.4m) | ($42.6m) | $4.1m | $10.9m | $80.3m | $500k | ($34.1m) | $2.2m | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($100k) | ($100k) | ($7.6m) | $1.7m | ($900k) | ($2.1m) | $900k | $200k | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.