Kratos Q3 revenue $275.9 million, up 0.5%; net income $3.2 million vs. prior-year loss
Kratos reported third quarter 2024 revenue of $275.9 million, up from $274.6 million a year earlier, and GAAP net income of $3.2 million, or $0.02 per share, compared with a net loss of $1.6 million in the prior-year quarter. Operating income, Adjusted EBITDA and Adjusted EPS were lower than a year earlier, and the company affirmed its full year 2024 financial forecast.
Key points
- Q3 2024 revenue was $275.9 million versus $274.6 million in Q3 2023; Unmanned Systems revenue rose to $64.2 million from $56.7 million.
- GAAP net income attributable to Kratos was $3.2 million ($0.02 per share), compared with a $1.6 million loss ($0.01 per share) in Q3 2023.
- Operating income was $6.5 million versus $12.2 million, and Adjusted EBITDA was $24.6 million versus $27.7 million; Adjusted EPS was $0.11 versus $0.12.
- Full year 2024 guidance was affirmed, with revenue of $1,125 million to $1,150 million; the company will provide 2025 guidance with its fiscal 2024 results in late February 2025.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.