← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $668.7m | $751.9m | $618.0m | $717.5m | $747.7m | $811.5m | $898.3m | $1.0b | $1.1b | $1.3b | |
| Cost of Revenue | $515.1m | $554.6m | $448.3m | $527.5m | $544.5m | $586.4m | $672.3m | $768.5m | $849.1m | $1.0b | |
| Gross Profit | $153.6m | $197.3m | $169.7m | $190.0m | $203.2m | $225.1m | $226.0m | $268.6m | $287.2m | $307.9m | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | ($18.6m) | ($5.8m) | $30.5m | $38.0m | $29.3m | $27.9m | ($2.6m) | $31.1m | $29.0m | $25.6m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $10.5m | $10.4m | $5.9m | $7.4m | $6.8m | $4.7m | $7.4m | $6.8m | $8.6m | $9.6m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $400k | $400k | ($1.1m) | ($1.1m) | $0 | ($800k) | ($100k) | ($1.7m) | ($500k) | ($1.1m) | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | |
| 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 | |
| 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) | — | — | |
| Interest Income, Other | $0 | $500k | $800k | $1.9m | $800k | $300k | $600k | $1.2m | $12.2m | $15.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $4.4m | ($32.7m) | $11.1m | $26.5m | $34.0m | |
| 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 | — | — | |
| Net Income (Loss) Attributable to Parent | ($60.5m) | ($42.7m) | ($3.5m) | $12.5m | $79.6m | ($2.0m) | ($36.9m) | ($8.9m) | $16.3m | $22.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $100k | ($200k) | $400k | $3.7m | $11.3m | $0 | $0 | |
| Earnings Per Share, Basic | ($0.99) | ($0.48) | ($0.03) | $0.12 | $0.69 | ($0.02) | ($0.29) | ($0.07) | $0.11 | $0.14 | |
| Earnings Per Share, Diluted | ($0.99) | ($0.48) | ($0.03) | $0.11 | $0.67 | ($0.02) | ($0.29) | ($0.07) | $0.11 | $0.13 | |
| 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 | |
| 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 | |
| Research and Development Expense | $13.9m | $17.8m | $15.6m | $18.0m | $27.0m | $35.2m | $38.6m | $38.4m | $40.3m | $40.0m | |
| 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 | |
| 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 | |
| Business Combination, Acquisition Related Costs | $1.9m | $0 | — | $2.3m | $1.7m | $1.8m | $700k | $400k | $700k | $2.1m | |
| Interest Expense, Debt | $34.7m | $29.1m | $21.6m | $23.5m | $23.6m | $23.7m | $18.3m | $21.7m | $15.2m | $9.6m | |
| Nonoperating Income (Expense) | ($33.7m) | ($45.0m) | ($21.8m) | ($22.3m) | ($22.5m) | ($23.5m) | ($30.1m) | ($20.0m) | ($2.5m) | $8.4m | |
| Income Tax Expense (Benefit) | $8.1m | ($8.2m) | $4.6m | $4.8m | ($73.5m) | $3.9m | $1.4m | $8.9m | $10.2m | $12.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.