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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 300M | 8.6% |
| Gross Profit | 77M | 8.7% |
| Cost of Revenue | 280M | 7.5% |
| Operating expense | 68M | 5.5% |
| Net Income | 7.9M | 507.7% |
| EBITDA | 16M | 210% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.91B | 0% |
| Total Liabilities | 585M | 0.2% |
| Total Equity | 1.33B | 0.1% |
| Shares Outstanding | 151M | 0.5% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -2.7M | 485.7% |
| Cash from investing | -24M | 45.8% |
| Cash from financing | -3.6M | 101.3% |
EPS
Financial Highlights for Kratos Defense & Security Solutions in Q2 '24
Kratos Defense & Security Solutions reported a revenue of 300M, which is a 8.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 77M, marking a 8.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 280M, a 7.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 68M, showing a 5.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 7.9M, showing a 507.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 16M, showing a 210% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Kratos Defense & Security Solutions with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
