Kratos Defense & Security Solutions, Inc. (KTOS)
NASDAQ: KTOS · Real-Time Price · USD
47.35
-2.09 (-4.23%)
At close: Jul 24, 2026, 4:00 PM EDT
47.38
+0.03 (0.05%)
After-hours: Jul 24, 2026, 7:55 PM EDT

KTOS Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,4151,3471,1361,037898.3811.5
Revenue Growth
21.82%18.52%9.56%15.45%10.70%8.53%
Gross Profit
323.9307.9287.2268.6226225.1
Operating Income
23.725.62931.1-2.927.9
Net Income
29.42216.32.4-33.2-1.6
Earnings Per Share
0.170.130.11-0.07-0.29-
EPS Growth
30.77%18.18%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
U.S. Government - Government Solutions
702.8672.3528512.5420.4359.7
International - Government Solutions
243.6228.3195.4192.8157.5151.5
U.S. Commercial and Other Customers - Government Solutions
157.3154.2142.4119.698.768.4
U.S. Government - Unmanned Systems
263.5244.8234200.2203.3211.4
International - Unmanned Systems
39.339.331.39.215.618.3
U.S. Commercial and Other Customers - Unmanned Systems
8.77.95.22.82.82.2
Revenue (Total)
1,4151,3471,1361,037898.3811.5

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,464560.6329.372.881.3349.4
Total Debt
185.4145.8282321.4301.8339.5
Net Cash (Debt)
1,279414.847.3-248.6-220.59.9
Net Cash Growth
-776.96%----69.35%
Net Cash Per Share
7.492.510.31-1.91-1.740.08

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-40.3-42.149.765.2-25.7-4.5
Capital Expenditures
-92.6-95.3-58.2-52.4-45.4-46.5
Free Cash Flow
-132.9-137.4-8.512.8-71.1-51
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.89%22.86%25.27%25.90%25.16%27.74%
Operating Margin
1.67%1.90%2.55%3.00%-0.32%3.44%
Pretax Margin
2.71%2.52%2.33%1.07%-3.67%0.54%
Profit Margin
2.08%1.63%1.43%0.23%-3.70%-0.20%
FCF Margin
-9.39%-10.20%-0.75%1.23%-7.91%-6.28%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
275.89597.69241.09---
Forward PE
58.65109.9950.9352.9826.4149.99
P/FCF Ratio
---204.94--
PS Ratio
6.279.743.532.531.323.03