Kratos Defense & Security Solutions financials
$43.05−2.31%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 28 | FY24 Dec 29 | FY23 Dec 31 | FY22 Dec 25 | FY21 Dec 26 | FY20 Dec 27 | FY19 Dec 29 | FY18 Dec 30 | FY17 Dec 31 | FY16 Dec 25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.35B | $1.14B | $1.04B | $898.3M | $811.5M | $747.7M | $717.5M | $618.0M | $603.3M | $541.9M |
| Gross profit | $307.9M | $287.2M | $268.6M | $226.0M | $225.1M | $203.2M | $190.0M | $169.7M | $157.6M | $120.5M |
| Gross margin | 22.9% | 25.3% | 25.9% | 25.2% | 27.7% | 27.2% | 26.5% | 27.5% | 26.1% | 22.2% |
| Operating income | $25.6M | $29.0M | $31.1M | -$1.9M | $29.7M | $29.3M | $38.0M | $30.5M | -$12.0M | -$18.0M |
| Net income | $22.0M | $16.3M | -$8.9M | -$36.9M | -$2.0M | $79.6M | $12.5M | -$3.5M | -$42.7M | -$60.5M |
| Net margin | 1.6% | 1.4% | −0.9% | −4.1% | −0.2% | 10.6% | 1.7% | −0.6% | −7.1% | −11.2% |
| Diluted EPS | $0.13 | $0.11 | $-0.07 | $-0.29 | $-0.02 | $0.67 | $0.11 | $-0.03 | $-0.48 | $-0.99 |
| EBITDA | $75.3M | $70.7M | $65.4M | $4.9M | $56.4M | $57.3M | $65.6M | $53.2M | $36.0M | $16.0M |
| Operating cash flow | -$42.1M | $49.7M | $65.2M | -$25.7M | $30.8M | $44.7M | $28.9M | $18.1M | -$26.9M | -$14.6M |
| Free cash flow | -$137.4M | -$8.5M | $12.8M | -$71.1M | -$15.7M | $8.8M | — | — | — | — |
| Diluted shares | 165.2M | 150.9M | 130.4M | 126.7M | 128.0M | 118.7M | 109.2M | 106.1M | 89.5M | 61.3M |
Balance sheet
| Period end | Dec 28 | Dec 29 | Dec 31 | Dec 25 | Dec 26 | Dec 27 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $560.6M | $329.3M | $72.8M | $81.3M | $349.4M | $380.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $99.2M | $240.9M | $271.5M | $251.7M | $298.2M | $302.5M |
| Total assets | $2.47B | $1.95B | $1.63B | $1.55B | $1.59B | $1.56B |
| Total liabilities | $470.9M | $597.7M | $634.0M | $604.0M | $629.2M | $622.7M |
| Shareholders' equity | $2.00B | $1.35B | $976.0M | $936.3M | $945.1M | $925.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology