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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Gross Profit : $269 Mil (TTM As of Dec. 2023)


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What is Kratos Defense & Security Solutions Gross Profit?

Kratos Defense & Security Solutions's gross profit for the three months ended in Dec. 2023 was $72 Mil. Kratos Defense & Security Solutions's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $269 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kratos Defense & Security Solutions's gross profit for the three months ended in Dec. 2023 was $72 Mil. Kratos Defense & Security Solutions's Revenue for the three months ended in Dec. 2023 was $274 Mil. Therefore, Kratos Defense & Security Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 26.26%.

Kratos Defense & Security Solutions had a gross margin of 26.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Kratos Defense & Security Solutions was 27.74%. The lowest was 22.24%. And the median was 26.01%.

Warning Sign:

Kratos Defense & Security Solutions Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Kratos Defense & Security Solutions Gross Profit Historical Data

The historical data trend for Kratos Defense & Security Solutions's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kratos Defense & Security Solutions Gross Profit Chart

Kratos Defense & Security Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.00 203.20 225.10 226.00 268.60

Kratos Defense & Security Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.40 59.40 63.90 73.40 71.90

Competitive Comparison of Kratos Defense & Security Solutions's Gross Profit

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kratos Defense & Security Solutions's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kratos Defense & Security Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kratos Defense & Security Solutions's Gross Profit falls into.



Kratos Defense & Security Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Kratos Defense & Security Solutions's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1037.1 - 768.5
=269

Kratos Defense & Security Solutions's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=273.8 - 201.9
=72

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $269 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Kratos Defense & Security Solutions's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=72 / 273.8
=26.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kratos Defense & Security Solutions  (NAS:KTOS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kratos Defense & Security Solutions had a gross margin of 26.26% for the quarter that ended in Dec. 2023 => Competition eroding margins


Kratos Defense & Security Solutions Gross Profit Related Terms

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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description

Traded in Other Exchanges
Address
1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.
Executives
Phillip D Carrai officer: President, TTS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Deanna Hom Lund officer: Senior Vice President & CFO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Steven S. Fendley officer: President, US Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Mills Thomas E Iv officer: Modular Systems Div. President 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Marie Mendoza officer: VP & General Counsel 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Stacey G Rock officer: President, KTT Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Bradley L Boyd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Daniel J Hagen director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Benjamin M. Goodwin officer: President, PSS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jonah Adelman officer: Pres., Microwave Elec. Div. 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jane Elizabeth Judd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Cervantes De Burgreen Maria officer: VP & Corporate Controller 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Samuel N Liberatore director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Eric M Demarco director, officer: President & CEO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Scott I Anderson director C/O KRATOS DEFENSE & SECURITY SOLUTIONS, 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131

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