KTOS
Kratos Defense & Security Solutions
NASDAQ: KTOS · INDUSTRIALS · AEROSPACE & DEFENSE
$63.05
+5.86% today
Updated 2026-04-30
Market cap
$11.16B
P/E ratio
458.15
P/S ratio
8.29x
EPS (TTM)
$0.13
Dividend yield
—
52W range
$33 – $134
Volume
4.4M
Kratos Defense & Security Solutions (KTOS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $327.80M | $193.60M | $297.30M | $147.12M | $408.50M | $723.10M | $969.20M | $950.60M | $868.00M | $657.10M | $668.70M | $751.90M | $618.00M | $717.50M | $747.70M | $811.50M | $898.30M | $1.04B | $1.14B | $1.35B |
| Revenue growth (YoY) | — | -40.9% | +53.6% | -50.5% | +177.7% | +77.0% | +34.0% | -1.9% | -8.7% | -24.3% | +1.8% | +12.4% | -17.8% | +16.1% | +4.2% | +8.5% | +10.7% | +15.5% | +9.6% | +18.5% |
| Cost of revenue | $274.30M | $162.00M | $237.80M | $122.39M | $318.50M | $530.90M | $712.00M | $710.60M | $649.80M | $495.30M | $515.10M | $554.60M | $448.30M | $527.50M | $544.50M | $586.40M | $672.30M | $768.50M | $849.10M | $1.05B |
| Gross profit | $53.50M | $31.60M | $59.50M | $24.73M | $90.00M | $192.20M | $257.20M | $240.00M | $218.20M | $161.80M | $153.60M | $197.30M | $169.70M | $190.00M | $203.20M | $225.10M | $226.00M | $268.60M | $287.20M | $298.30M |
| Gross margin | 16.3% | 16.3% | 20.0% | 16.8% | 22.0% | 26.6% | 26.5% | 25.2% | 25.1% | 24.6% | 23.0% | 26.2% | 27.5% | 26.5% | 27.2% | 27.7% | 25.2% | 25.9% | 25.3% | 22.1% |
| R&D | — | — | $1.00M | $1.80M | $2.20M | $9.00M | $17.80M | $21.40M | $23.00M | $16.20M | $13.90M | $17.80M | $15.60M | $18.00M | $27.00M | $35.20M | $38.60M | $38.40M | $40.30M | $40.00M |
| SG&A | $63.00M | $63.00M | $44.00M | $42.00M | $48.10M | $102.60M | $149.20M | $140.00M | $134.50M | $137.70M | $103.80M | $160.60M | $113.80M | $123.40M | $144.00M | $160.20M | $182.50M | $192.20M | $214.00M | $240.20M |
| Operating income | $-31.40M | $-24.60M | $-94.80M | $12.14M | $23.10M | $28.20M | $-49.70M | $31.80M | $19.90M | $-4.50M | $-18.60M | $-5.80M | $30.50M | $38.00M | $29.30M | $27.90M | $-2.90M | $31.10M | $29.00M | $27.70M |
| Operating margin | -9.6% | -12.7% | -31.9% | 8.3% | 5.7% | 3.9% | -5.1% | 3.3% | 2.3% | -0.7% | -2.8% | -0.8% | 4.9% | 5.3% | 3.9% | 3.4% | -0.3% | 3.0% | 2.6% | 2.1% |
| EBITDA | $-24.40M | $-21.40M | $-88.80M | $-18.40M | $37.20M | $76.40M | $9.90M | $79.00M | $39.60M | $16.90M | $5.20M | $-5.80M | $48.10M | $74.30M | $64.40M | $62.80M | $26.20M | $77.50M | $93.60M | $103.80M |
| EBITDA margin | -7.4% | -11.1% | -29.9% | -12.5% | 9.1% | 10.6% | 1.0% | 8.3% | 4.6% | 2.6% | 0.8% | -0.8% | 7.8% | 10.4% | 8.6% | 7.7% | 2.9% | 7.5% | 8.2% | 7.7% |
| EBIT | $-31.40M | $-25.70M | $-96.30M | $-20.58M | $24.30M | $28.40M | $-48.10M | $25.60M | $500000.00 | $-8.60M | $-17.60M | $-28.00M | $30.30M | $39.20M | $30.40M | $28.10M | $-14.70M | $32.80M | $41.70M | $44.50M |
| Interest expense | $0.00 | $0.00 | $10.00M | $1.56M | $22.40M | $51.20M | $66.40M | $46.40M | $39.40M | $36.00M | $34.70M | $29.10M | $21.60M | $23.50M | $23.60M | $23.70M | $18.30M | $21.70M | $15.20M | $10.50M |
| Income tax | $14.50M | $1.30M | $-700000.00 | $5.10M | $-12.70M | $1.90M | $-1.60M | $69.00M | $5.10M | $-11.40M | $8.10M | $-8.20M | $4.60M | $4.80M | $-73.50M | $3.90M | $200000.00 | $8.70M | $10.20M | — |
| Effective tax rate | -33.4% | -3.3% | 0.6% | 41.6% | -705.6% | -8.5% | 1.4% | 217.0% | -7.0% | -135.7% | -15.5% | 16.1% | 418.2% | 27.7% | -1204.9% | 205.3% | -0.5% | -4350.0% | 38.5% | 0.0% |
| Net income | $-57.90M | $-40.80M | $-111.10M | $7.17M | $14.50M | $-24.20M | $-114.40M | $-37.20M | $-78.00M | $19.80M | $-60.50M | $-42.70M | $-3.50M | $12.50M | $79.60M | $-2.00M | $-36.90M | $-8.90M | $16.30M | $22.00M |
| Net income growth (YoY) | — | +29.5% | -172.3% | +106.5% | +102.2% | -266.9% | -372.7% | +67.5% | -109.7% | +125.4% | -405.6% | +29.4% | +91.8% | +457.1% | +536.8% | -102.5% | -1745.0% | +75.9% | +283.1% | +35.0% |
| Profit margin | -17.7% | -21.1% | -37.4% | 4.9% | 3.5% | -3.3% | -11.8% | -3.9% | -9.0% | 3.0% | -9.0% | -5.7% | -0.6% | 1.7% | 10.6% | -0.2% | -4.1% | -0.9% | 1.4% | 1.6% |