Kratos Defense & Security Solutions, Inc. (KTOS)
NASDAQ: KTOS · Real-Time Price · USD
64.58
+1.79 (2.85%)
At close: Aug 14, 2026, 4:00 PM EDT
64.60
+0.02 (0.03%)
After-hours: Aug 14, 2026, 7:59 PM EDT

KTOS Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,5231,3471,1361,037898.3811.5
Revenue Growth
25.50%18.52%9.56%15.45%10.70%8.53%
Gross Profit
350.2307.9287.2268.6226225.1
Operating Income
23.227.729.731.54.629.7
Net Income
30.92216.3-8.9-36.9-2
Earnings Per Share
0.170.130.11-0.07-0.29-0.02
EPS Growth
78.54%18.83%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
U.S. Government - Government Solutions
765.3672.3528512.5420.4359.7
International - Government Solutions
275.7228.3195.4192.8157.5151.5
U.S. Commercial and Other Customers - Government Solutions
164.1154.2142.4119.698.768.4
U.S. Government - Unmanned Systems
270.7244.8234200.2203.3211.4
International - Unmanned Systems
35.939.331.39.215.618.3
U.S. Commercial and Other Customers - Unmanned Systems
10.87.95.22.82.82.2
Revenue (Total)
1,5231,3471,1361,037898.3811.5

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,438560.6329.372.881.3349.4
Total Debt
193.6145.8292328.9359.7383.9
Net Cash (Debt)
1,244414.837.3-256.1-278.4-34.5
Net Cash Growth
151.67%1012.06%----
Net Cash Per Share
6.942.510.25-1.96-2.20-0.27

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-39.6-42.149.765.2-25.730.8
Capital Expenditures
-89.3-95.3-58.2-52.4-45.4-46.5
Free Cash Flow
-128.9-137.4-8.512.8-71.1-15.7
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
23.00%22.86%25.27%25.90%25.16%27.74%
Operating Margin
1.52%2.06%2.61%3.04%0.51%3.66%
Pretax Margin
2.68%2.52%2.33%1.07%-3.67%0.54%
Profit Margin
2.03%1.63%1.43%-0.86%-4.11%-0.25%
FCF Margin
-8.47%-10.20%-0.75%1.23%-7.92%-1.93%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
392.33596.32245.80---
Forward PE
69.74109.9950.9352.9826.4149.99
P/FCF Ratio
---204.39--
PS Ratio
7.969.743.532.521.323.03