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NASDAQ · Industrials

Kratos Defense & Security Solutions, Inc. (KTOS)

Kratos Defense & Security Solutions, Inc. brought in $1.6B of revenue over the twelve months to September 27, 2026, up 28.2% from a year earlier. Net income was $22M, a net margin of 1.3%. In fiscal 2025 capital spending exceeded operating cash flow by $137.4M. At September 27, 2026 it held $1.4B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.

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Price
$36.98
-1.88% on the day · November 10, 2026
52-week range $31.57 to $134.00
Market cap
$6.9B
Revenue (last 12 months)
$1.6B
+28.2% year on year
Net margin
1.3%
P/E
284.5
on FY2025 diluted EPS

Key facts about Kratos Defense & Security Solutions, Inc.

Net worth
Kratos Defense & Security Solutions, Inc. has a market value (market cap) of $6.9B at the latest share price, and shareholders' equity of $3.5B on its balance sheet at September 27, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $1.3B (+18.5% year on year), with net income of $22M. Over the 12 months to September 27, 2026: revenue $1.6B, net income $22M.
Cash flow
In fiscal 2025 operations used $42.1M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 27, 2026. Open on SEC EDGAR
Next earnings report
Kratos Defense & Security Solutions, Inc.'s next report is expected around February 22, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What Kratos Defense & Security Solutions, Inc. does

Kratos Defense & Security Solutions, Inc. is registered with the SEC under industry code SIC 3760 (Guided Missiles & Space Vehicles & Parts). Its shares trade on NASDAQ under the ticker KTOS.

Revenue and profit by year

Revenue
FY18: $618M $618M FY18FY19: $717.5M $717.5M FY19FY20: $747.7M $747.7M FY20FY21: $811.5M $811.5M FY21FY22: $898.3M $898.3M FY22FY23: $1B $1B FY23FY24: $1.1B $1.1B FY24FY25: $1.3B $1.3B FY25
Net income
FY18: -$3.5M -$3.5M FY18FY19: $12.5M $12.5M FY19FY20: $79.6M $79.6M FY20FY21: -$2M -$2M FY21FY22: -$36.9M -$36.9M FY22FY23: -$8.9M -$8.9M FY23FY24: $16.3M $16.3M FY24FY25: $22M $22M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.3B$25.6M$22M$0.13-$137.4M
2024$1.1B$29M$16.3M$0.11-$8.5M
2023$1B$31.1M-$8.9M-$0.07$12.8M
2022$898.3M-$2.9M-$36.9M-$0.29-$71.1M
2021$811.5M$27.9M-$2M-$0.02-$11.2M
2020$747.7M$29.3M$79.6M$0.67$8.8M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 22, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 23, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where KTOS ranks in Industrials

Revenue$1.3B
#265 of 603 in Industrials · Top 44%
Revenue growth+18.5%
#95 of 520 in Industrials · Top 18%
Net margin1.6%
#300 of 523 in Industrials · Bottom 43%
Free cash flow margin-10.2%
#410 of 489 in Industrials · Bottom 16%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Latest SEC filings

What Kratos Defense & Security Solutions, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 5, 2026
    Quarterly report 10-Q · period to September 27, 2026Revenue rose 36% to $471.8M versus the same quarter last year; diluted EPS $0.00 versus $0.05.
  2. November 5, 2026
  3. October 14, 2026
  4. August 4, 2026
    Quarterly report 10-Q · period to June 28, 2026Revenue rose 31% to $458.8M versus the same quarter last year; diluted EPS $0.02 versus $0.02.
  5. August 4, 2026
  6. July 29, 2026
  7. June 1, 2026
  8. May 15, 2026
  9. May 12, 2026
  10. May 6, 2026
    Quarterly report 10-Q · period to March 29, 2026Revenue rose 23% to $371M versus the same quarter last year; diluted EPS $0.07 versus $0.03.

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 28, 2026. Insider transactions on SEC

Insider trades

What the people running Kratos Defense & Security Solutions, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $23.3M worth of shares in the last 90 days and bought none on the open market. Most of the selling (97%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$23.3M
last 90 days
Net sold
373,013
$23.3M
DateInsiderWhatSharesPriceValueFiling
October 26, 2026 Lund Deanna HEVP & CFO, Director Soldpre-planned (10b5-1) 7,000 $40.00 $280K Form 4
October 15, 2026 Carrai Phillip DPresident, STC Division Soldpre-planned (10b5-1) 800 $38.44 $30.8K Form 4
October 15, 2026 Carrai Phillip DPresident, STC Division Soldpre-planned (10b5-1) 4,097 $39.87 $163.3K Form 4
October 15, 2026 Carrai Phillip DPresident, STC Division Soldpre-planned (10b5-1) 1,603 $40.57 $65K Form 4
September 21, 2026 Lund Deanna HEVP & CFO, Director Soldpre-planned (10b5-1) 4,100 $48.56 $199.1K Form 4
September 21, 2026 Lund Deanna HEVP & CFO, Director Soldpre-planned (10b5-1) 2,900 $49.10 $142.4K Form 4
September 15, 2026 Carrai Phillip DPresident, STC Division Soldpre-planned (10b5-1) 2,700 $47.24 $127.6K Form 4
September 15, 2026 Carrai Phillip DPresident, STC Division Soldpre-planned (10b5-1) 3,380 $48.17 $162.8K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns KTOS

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Capital Management13G, passive 5.14% 9,647,502 April 30, 2026

Latest filings below 5%: The Vanguard Group 0% (March 26, 2026).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

15 insiders reported holding 2,107,585 shares in total, about $77.9M at the last price.

HolderSharesAs of
Demarco Eric MPresident & CEO, Director 761,632761,632 held indirectly August 14, 2026
Fendley Steven S.President, US Division 288,111 August 24, 2026
Lund Deanna HEVP & CFO, Director 266,740 October 26, 2026
Hoglund William ADirector 252,500252,500 held indirectly April 1, 2026
Carrai Phillip DPresident, STC Division 169,196 October 15, 2026
Jarvis Scot BDirector 65,123 August 18, 2026
Carter David MPresident, DRSS Division 62,237 August 5, 2026
Anderson Scott IDirector 62,16710,833 held indirectly March 16, 2026
Mendoza MarieSVP & General Counsel 61,200 September 15, 2026
Cervantes de Burgreen MariaVP & Corp. Controller 59,369 March 16, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about KTOS

What does Kratos Defense & Security Solutions, Inc. do?

Kratos Defense & Security Solutions, Inc. is a company in the Industrials sector, listed on NASDAQ as KTOS. Its shares trade on NASDAQ under the ticker KTOS.

What is Kratos Defense & Security Solutions, Inc.'s net worth?

Kratos Defense & Security Solutions, Inc. has a market value (market cap) of $6.9B at the latest share price, and shareholders' equity of $3.5B on its balance sheet at September 27, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Kratos Defense & Security Solutions, Inc. profitable?

Yes. Over the twelve months to September 27, 2026 it reported net income of $22M on revenue of $1.6B, a net margin of 1.3%.

How much revenue does Kratos Defense & Security Solutions, Inc. make?

Over the twelve months to September 27, 2026 Kratos Defense & Security Solutions, Inc. reported revenue of $1.6B. That is 28.2% more than a year earlier.

When did Kratos Defense & Security Solutions, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 27, 2026.

When is Kratos Defense & Security Solutions, Inc.'s next earnings report?

Kratos Defense & Security Solutions, Inc.'s next report is expected around February 22, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values Kratos Defense & Security Solutions, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.