KRATOS DEFENSE & SECURITY SOLUTIONS, INC.KTOSEarnings & Financial Report
Kratos Defense & Security Solutions, Inc. is an American technology company with manufacturing concentrations in weapons and military electronics. It is headquartered in San Diego, California, United States. Customers include the U.S. federal government, foreign governments, commercial enterprises and state and local government agencies. The company is divided into 6 divisions.
KTOS Q4 FY2025 Key Financial Metrics
Revenue
$345.1M
Gross Profit
$83.4M
Operating Profit
$8.2M
Net Profit
$5.9M
Gross Margin
24.2%
Operating Margin
2.4%
Net Margin
1.7%
YoY Growth
21.9%
EPS
$0.03
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Q4 FY2025 Financial Summary
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported revenue of $345.1M (up 21.9% YoY) for Q4 FY2025, with a net profit of $5.9M (up 51.3% YoY) (1.7% margin). Cost of goods sold was $261.7M, operating expenses totaled $75.2M.
Key Financial Metrics
| Total Revenue | $345.1M |
|---|---|
| Net Profit | $5.9M |
| Gross Margin | 24.2% |
| Operating Margin | 2.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Q4 FY2025 revenue of $345.1M breaks down across 3 segments, led by Kratos Government Solutions at $276.7M (80.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Kratos Government Solutions | $276.7M | 80.2% |
| Non US Government | $65.0M | 18.8% |
| Norden Millimeter Inc | $5.3M | 1.5% |
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Revenue by Segment — Quarterly Trend
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Kratos Government Solutions and Non US Government) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Kratos Government Solutions | $276.7M | — | — | — |
| Non US Government | $65.0M | $55.8M | $52.2M | — |
| Norden Millimeter Inc | $5.3M | — | $5.9M | $4.8M |
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Annual Revenue by Year
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Quarterly Revenue & Net Profit History
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $345.1M | +21.9% | $5.9M | 1.7% |
| Q3 FY2025 | $347.6M | +26.0% | $8.7M | 2.5% |
| Q2 FY2025 | $351.5M | +17.1% | $2.9M | 0.8% |
| Q1 FY2025 | $302.6M | +9.2% | $4.5M | 1.5% |
| Q4 FY2024 | $283.1M | +3.1% | $3.9M | 1.4% |
| Q3 FY2024 | $275.9M | — | $3.2M | 1.2% |
| Q2 FY2024 | $300.1M | +16.8% | $7.9M | 2.6% |
| Q1 FY2024 | $277.2M | +19.6% | $1.3M | 0.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $277.2M | $300.1M | $275.9M | $283.1M | $302.6M | $351.5M | $347.6M | $345.1M |
| YoY Growth | 19.6% | 16.8% | N/A | 3.1% | 9.2% | 17.1% | 26.0% | 21.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.91B | $1.91B | $1.91B | $1.95B | $2.00B | $2.59B | $2.42B | $2.47B |
| Liabilities | $586.0M | $584.9M | $569.5M | $597.7M | $617.3M | $625.7M | $441.8M | $470.9M |
| Equity | $1.31B | $1.33B | $1.34B | $1.35B | $1.39B | $1.96B | $1.98B | $2.00B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $700000 | $-2.7M | $6.1M | $45.6M | $-29.2M | $-11.7M | $-13.3M | $12.1M |