KTOSNasdaqGuided Missiles & Space Vehicles & PartsFiscal year ends December 27

KRATOS DEFENSE & SECURITY SOLUTIONS, INC.

Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 4, 2026

$39.17−1.25 (-3.09%)

Close on Oct 19, 2026

Market cap: $7.45B
P/E (TTM): 230.4
Dividend yield: –

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-28	FY 2024 2024-12-29	FY 2023 2023-12-31	FY 2022 2022-12-25	FY 2021 2021-12-26	FY 2020 2020-12-27	FY 2019 2019-12-29	FY 2018 2018-12-30	FY 2017 2017-12-31	FY 2016 2016-12-25	FY 2015 2015-12-27	FY 2014 2014-12-28	FY 2013 2013-12-29	FY 2012 2012-12-30	FY 2011 2011-12-25	FY 2010 2010-12-26	FY 2009 2009-12-27
Revenue	1,347	1,136	1,037	898	812	748	718	618	603	542	657	763	844	969	54	409	335
Cost of Revenue	1,039	849	769	672	586	545	528	448	446	421	495	584	640	712	523	324	271
Gross Profit	308	287	269	226	225	203	190	170	158	121	162	179	205	257	191	84	64
Research & Development	40	40	38	39	35	27	18	16	18	14	16	19	20	18	8.60	2.20	1.80
Selling, General & Admin	240	217	199	183	160	145	131	120	127	115	151	154	173	193	141	57	48
Operating Income	26	29	31	-2.90	28	29	38	31	-12	-18	-4.50	5.30	18	-50	30	23	-27
Interest Expense	9.60	15	22	18	24	24	24	22	29	35	36	39	46	66	51	22	–
Interest & Investment Income	16	12	1.20	0.60	0.30	0.80	1.90	0.80	0.50	0	0	0.20	0.20	0.30	0.10	0.10	–
Other Non-Operating Income	8.40	-2.50	-20	-30	-24	-23	-22	-22	-45	-34	-40	-77	-47	-65	-51	-21	-10
Merger & Restructuring Charges	–	3.20	0.90	6.80	–	–	–	0	0	9.10	0	0	–	–	–	–	–
Asset Impairment Charges	–	–	–	–	–	–	0	0	24	0	0	0	0	97	0	0	41
Legal Settlements	–	0	0	-5.50	0	0	–	–	0	-1.70	0	0	–	–	–	–	0.50
Pretax Income	34	27	11	-33	4.40	6.80	16	8.70	-57	-52	-45	-72	-28	-115	-22	1.90	-37
Income Tax Expense	12	10	8.70	0.20	3.90	-74	4.80	4.60	-10	5.80	-11	3.90	1.10	-1.60	1.90	-13	1.00
Income from Continuing Operations	–	–	2.20	-34	0.50	80	11	4.10	-47	-58	-33	-76	-30	-113	-24	15	-38
Income from Discontinued Operations	–	–	0.20	0.90	-2.10	-0.90	1.70	-7.60	4.20	-2.90	53	-2.30	-7.70	-1.50	-0.70	-0.10	-3.20
Net Income incl. Noncontrolling Interests	22	16	2.40	-33	-1.60	79	13	-3.50	-43	–	–	–	-37	-114	-24	–	–
Minority Interest in Earnings	0	0	11	3.70	0.40	-0.20	0.10	0	0	–	–	–	–	–	–	–	–
Net Income	22	16	-8.90	-37	-2.00	80	13	-3.50	-43	-61	20	-78	-37	-114	-24	15	–
Net Income to Common	–	–	–	–	–	–	–	–	–	–	–	–	–	-113	-24	15	-42
EPS (Basic)(per share)	0.14	0.11	-0.07	-0.29	-0.02	0.69	0.12	-0.03	-0.48	-0.99	0.34	-1.35	-0.65	-2.44	-0.88	0.87	-2.99
EPS (Diluted)(per share)	0.13	0.11	-0.07	-0.29	-0.02	0.67	0.11	-0.03	-0.48	-0.99	0.34	-1.35	-0.65	-2.44	-0.88	0.86	-2.99
Shares Outstanding (Basic, Weighted)(shares)	163	149	130	127	125	116	106	104	90	61	59	58	57	47	27	17	14
Shares Outstanding (Diluted, Weighted)(shares)	165	151	130	127	128	119	109	106	90	61	59	58	57	47	27	17	14
EBITDA	73	69	64	28	54	54	61	48	10	4.50	21	38	65	8.30	78	36	-19

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 28, 2026

Profitability, TTM

Gross margin: 23.0%
Operating margin: 1.2%
Net margin: 2.0%
Return on equity, FY2025: 1.3%

Financial strength

Current ratio: 5.54
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 338.0%

Valuation

P/E ratio: 230.4
Price to sales: 4.89
Price to book: 2.17
Dividend yield: –