Kratos Q1 2025 revenue rises 9.2% to $302.6 million; net income $4.5 million
Kratos reported first quarter 2025 revenue of $302.6 million, up 9.2% from $277.2 million a year earlier, and GAAP net income of $4.5 million, or $0.03 per share, versus $1.3 million, or $0.01 per share, in the prior-year quarter. The company reaffirmed its full-year 2025 revenue guidance of $1,260 million to $1,285 million and issued initial second-quarter 2025 revenue guidance of $300 million to $310 million.
Key points
- Q1 2025 revenue was $302.6 million, up 9.2%, with 7.4% organic growth; operating income was $6.6 million versus $7.0 million a year earlier
- GAAP net income attributable to Kratos was $4.5 million ($0.03 per diluted share) versus $1.3 million ($0.01) in Q1 2024; adjusted EPS was $0.12 versus $0.11
- Cash flow used in operations was $29.2 million in Q1 2025; free cash flow use was $51.8 million after $22.6 million of capital expenditures
- Consolidated backlog was $1.508 billion at March 30, 2025, up from $1.445 billion at December 29, 2024
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 May 07, 2025.
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