KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
Financial highlights
| Metric | FY 12/28/25 | FY 12/29/24 | FY 12/31/23 | FY 12/25/22 | FY 12/26/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.3B | $1.1B | $1.0B | $898.3M | $811.5M |
| Cost of revenue | $1.0B | $849.1M | $768.5M | $672.3M | $586.4M |
| Gross profit | $307.9M | $287.2M | $268.6M | $226.0M | $225.1M |
| Selling, general & administrative | $240.2M | $217.2M | $198.7M | $182.8M | $160.2M |
| Research and development | $40.0M | $40.3M | $38.4M | $38.6M | $35.2M |
| Operating income | $25.6M | $29.0M | $31.1M | -$2.9M | $27.9M |
| Pretax income | $34.0M | $26.5M | $11.1M | -$33.0M | $4.4M |
| Income tax expense | $12.0M | $10.2M | $8.7M | $200,000 | $3.9M |
| Net income | $22.0M | $16.3M | -$8.9M | -$36.9M | -$2.0M |
| Balance Sheet | |||||
| Cash and equivalents | $560.6M | $329.3M | $72.8M | $81.3M | $349.4M |
| Current assets | $1.3B | $872.1M | $594.2M | $582.6M | $758.1M |
| Total assets | $2.5B | $2.0B | $1.6B | $1.6B | $1.6B |
| Current liabilities | $311.0M | $296.7M | $292.5M | $234.2M | $221.1M |
| Total liabilities | $470.9M | $597.7M | $634.0M | $604.0M | $629.2M |
| Total debt | — | $185.0M | — | — | — |
| Stockholders' equity | $2.0B | $1.4B | $976.0M | $936.3M | $945.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$42.1M | $49.7M | $65.2M | -$25.7M | $35.3M |
| Depreciation and amortization | $47.1M | $40.3M | $33.2M | $30.5M | $25.7M |
| Stock-based compensation | $35.5M | $29.8M | $25.3M | $26.3M | $25.8M |
| Capital expenditure | $95.3M | $58.2M | $52.4M | $45.4M | $46.5M |
| Free cash flow | -$137.4M | -$8.5M | $12.8M | -$71.1M | -$11.2M |
Shares outstanding 187.5M · Free float 87.3%
Annual filing data through FY ended December 28, 2025; float as of July 12, 2026.