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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Dec. 25, 2022
Total revenues $ 1,136.3 $ 1,037.1 $ 898.3
Total costs 849.1 768.5 672.3
Gross profit 287.2 268.6 226.0
Selling, general and administrative expenses 214.0 197.8 182.8
Merger and acquisition related items 0.7 0.4 0.7
Research and development expenses 40.3 38.4 38.6
Restructuring expenses and other 3.2 0.9 6.8
Operating income (loss) 29.0 31.1 (2.9)
Other expense:      
Interest expense, net (3.0) (20.5) (17.7)
Loss on extinguishment of debt 0.0 0.0 (13.0)
Other income, net 0.5 0.5 0.6
Total other expense, net (2.5) (20.0) (30.1)
Income (loss) before income taxes 26.5 11.1 (33.0)
Provision for income taxes 10.2 8.7 0.2
Net income (loss) from consolidated operations 16.3 2.4 (33.2)
Less: Net income attributable to noncontrolling interest 0.0 11.3 3.7
Net income (loss) attributable to Kratos $ 16.3 $ (8.9) $ (36.9)
Basic income (loss) per common share attributable to Kratos (in dollars per share) $ 0.11 $ (0.07) $ (0.29)
Diluted income (loss) per common share attributable to Kratos (in dollars per share) $ 0.11 $ (0.07) $ (0.29)
Weighted average common shares outstanding:      
Basic (in shares) 149.0 130.4 126.7
Diluted (in shares) 150.9 130.4 126.7
Service revenues      
Total revenues $ 423.4 $ 402.6 $ 325.2
Total costs 310.0 303.2 239.0
Product sales      
Total revenues 712.9 634.5 573.1
Total costs $ 539.1 $ 465.3 $ 433.3