KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,438 | 1,464 | 561 | 566 | 784 | 264 | 329 | 302 | 308 | 339 | 73 | 42 | |||||
Accounts Receivable Net Current | 171 | 195 | 165 | 136 | 142 | 118 | 118 | 113 | 132 | 117 | 129 | 128 | |||||
Unbilled Receivables Current | 405 | 334 | 292 | 287 | 257 | 244 | 206 | 206 | 207 | 209 | 200 | 224 | |||||
Inventory Net Of Allowances Customer Advances And … | 236 | 226 | 188 | 180 | 178 | 176 | 162 | 159 | 155 | 160 | 156 | 150 | |||||
Prepaid Expense Current | 24 | 23 | 13 | 15 | 15 | 17 | 18 | 37 | 29 | 27 | 16 | 18 | |||||
Other Assets Current | 82 | 69 | 44 | 53 | 54 | 46 | 39 | 22 | 21 | 20 | 20 | 42 | |||||
Assets Current | 2,357 | 2,310 | 1,263 | 1,237 | 1,429 | 864 | 872 | 838 | 851 | 872 | 594 | 604 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 414 | 362 | 343 | 312 | 301 | 288 | 281 | 271 | 251 | 244 | 227 | |||||
Operating Lease Right Of Use Asset | 51 | 45 | 43 | 42 | 41 | 42 | 38 | 40 | 42 | 43 | 46 | 51 | |||||
Goodwill | 871 | 884 | 596 | 595 | 599 | 597 | 569 | 569 | 569 | 569 | 569 | 558 | |||||
Intangible Assets Net Excluding Goodwill | 221 | 220 | 54 | 57 | 59 | 62 | 54 | 56 | 58 | 60 | 62 | 51 | |||||
Other Assets Noncurrent | 159 | 162 | 144 | 150 | 147 | 139 | 130 | 129 | 123 | 120 | 118 | 100 | |||||
Investments And Other Noncurrent Assets | 12 | 7 | 5 | - | - | - | 0 | - | - | - | - | - | |||||
Assets | 4,090 | 4,043 | 2,467 | 2,423 | 2,586 | 2,005 | 1,951 | 1,912 | 1,914 | 1,951 | 1,633 | 1,591 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 105 | 112 | 70 | 66 | 98 | 83 | 82 | 61 | 59 | 62 | 63 | 57 | |||||
Accrued Liabilities Current | 96 | 59 | 61 | 67 | 48 | 42 | 39 | 40 | 35 | 36 | 35 | 40 | |||||
Employee Related Liabilities Current | 92 | 89 | 82 | 69 | 72 | 70 | 72 | 61 | 63 | 61 | 65 | 55 | |||||
Interest Payable Current | - | - | - | - | - | - | - | 1 | 1 | 1 | 2 | 2 | |||||
Contract With Customer Liability Current | 94 | 108 | 73 | 64 | 77 | 82 | 76 | - | - | - | 102 | - | |||||
Operating Lease Liability Current | 14 | 14 | 13 | 12 | 12 | 12 | 11 | 12 | 12 | 12 | 12 | 12 | |||||
Finance Lease Liability Current | - | 5 | 3 | 3 | 2 | 2 | 2 | - | - | - | 1 | - | |||||
Other Liabilities Current | 20 | 24 | 9 | 7 | 13 | 14 | 15 | 24 | 21 | 19 | 14 | 16 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | - | - | - | - | 1 | 1 | |||||
Liabilities Current | 425 | 411 | 311 | 287 | 322 | 305 | 297 | 261 | 272 | 288 | 293 | 263 | |||||
Long Term Debt Noncurrent | - | - | 0 | 0 | 170 | 172 | 175 | 177 | 180 | 179 | 219 | 234 | |||||
Operating Lease Liability Noncurrent | 40 | 35 | 34 | 33 | 32 | 33 | 30 | 32 | 34 | 35 | 38 | 43 | |||||
Finance Lease Liability Noncurrent | - | 132 | 96 | 86 | 63 | 64 | 64 | - | - | - | 51 | - | |||||
Other Liabilities Noncurrent | 63 | 55 | 30 | 35 | 38 | 43 | 32 | 100 | 99 | 83 | 34 | 77 | |||||
Liabilities | 663 | 633 | 471 | 442 | 626 | 617 | 598 | 570 | 585 | 586 | 634 | 618 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | - | - | - | - | 1 | 1 | |||||
Redeemable Noncontrolling Interest Equity Carrying… | - | - | - | - | - | - | 0 | 0 | 0 | 23 | 23 | 19 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 4,052 | 4,039 | 2,636 | 2,627 | 2,614 | 2,047 | 2,017 | 2,010 | 1,999 | 1,983 | 1,655 | 1,634 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 1 | 1 | 2 | 2 | 3 | 0 | -1 | 0 | 2 | 2 | 2 | 3 | |||||
Retained Earnings Accumulated Deficit | -626 | -630 | -642 | -648 | -657 | -659 | -664 | -668 | -671 | -679 | -680 | -683 | |||||
Stockholders Equity | 3,427 | 3,410 | 1,996 | 1,982 | 1,960 | 1,388 | 1,353 | 1,343 | 1,329 | 1,306 | 976 | 953 | |||||
Liabilities And Stockholders Equity | 4,090 | 4,043 | 2,467 | 2,423 | 2,586 | 2,005 | 1,951 | 1,912 | 1,914 | 1,915 | 1,633 | 1,591 | |||||
Preferred Stock Number Of… | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | - | 0 | - | - | - | 0 | - | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Number Of Sh… | |||||||||||||||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 245 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | |||||
Common Stock Shares Issued | 188 | 187 | 169 | 169 | 169 | 153 | 151 | 151 | 151 | 150 | 129 | 128 | |||||
Shares Outstanding | 188 | 187 | 169 | 169 | 169 | 153 | 151 | 151 | 151 | 150 | 129 | 128 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.24% | -23.26% | -23.03% | - | - | - | - | - | - | - | - | - |
| 2025 | 2.30% | 27.12% | 65.75% | 11.44% | 46.04% | 54.33% | -15.65% | -13.88% | 22.36% | -10.27% | -24.73% | -44.77% |
| 2024 | 15.88% | 6.66% | 20.79% | 14.30% | 16.04% | 19.33% | 13.73% | 11.34% | 43.28% | 23.44% | 32.57% | 41.07% |
| 2023 | - | - | - | - | - | - | 8.41% | 13.04% | 2.23% | 3.88% | 0.00% | 4.16% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 5.54 | 5.63 | 4.06 | 4.30 | 4.43 | 2.84 | 2.94 | 3.22 | 3.13 | 3.02 | 2.03 | 2.30 | |||||
| Quick Ratio | 5.48 | 5.57 | 4.02 | 4.25 | 4.39 | 2.78 | 2.88 | 3.08 | 3.02 | 2.93 | 1.98 | 2.23 | |||||
| Working Capital | 1.93B | 1.90B | 951.90M | 949.60M | 1.11B | 559.50M | 575.40M | 577.90M | 578.90M | 583.50M | 301.70M | 341.40M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.19 | 0.19 | 0.24 | 0.22 | 0.32 | 0.44 | 0.44 | 0.42 | 0.44 | 0.45 | 0.65 | 0.65 | |||||
| Interest Coverage TTM | 0.81 | 1.73 | 2.53 | 2.91 | 8.25 | 22.00 | 9.06 | 4.77 | 3.34 | 2.09 | 1.52 | 1.16 | |||||
| Debt Ratio | 0.16 | 0.16 | 0.19 | 0.18 | 0.24 | 0.31 | 0.31 | 0.30 | 0.31 | 0.30 | 0.39 | 0.39 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.46 | 0.47 | 0.61 | 0.59 | 0.54 | 0.59 | 0.63 | 0.64 | 0.65 | 0.62 | 0.65 | 0.64 | |||||
| Days Sales Outstanding TTM | 37.58 | 40.32 | 38.28 | 35.37 | 41.21 | 36.93 | 39.56 | 39.01 | 40.11 | 43.97 | 41.27 | 38.19 | |||||
| Receivables Turnover TTM | 9.71 | 9.05 | 9.53 | 10.32 | 8.86 | 9.88 | 9.23 | 9.36 | 9.10 | 8.30 | 8.85 | 9.56 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.16 | 0.16 | 0.13 | 0.12 | 0.09 | 0.12 | 0.11 | 0.15 | 0.12 | 0.07 | 0.02 | -0.10 | |||||
| Free Cash Flow Per Share TTM | -0.69 | -0.75 | -0.84 | -0.38 | -0.21 | -0.29 | -0.06 | 0.05 | 0.02 | 0.22 | 0.10 | -0.30 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 23.00% | 22.89% | 22.86% | 22.91% | 23.61% | 24.95% | 25.28% | 25.67% | 26.07% | 25.88% | 25.90% | 25.49% | |||||
| Operating Profit Margin TTM | 1.21% | 1.67% | 1.90% | 1.59% | 1.63% | 2.46% | 2.55% | 3.35% | 3.86% | 3.47% | 3.00% | 2.32% | |||||
| Net Profit Margin TTM | 2.03% | 2.08% | 1.63% | 1.56% | 1.20% | 1.68% | 1.43% | 2.01% | 1.58% | 0.88% | 0.23% | -1.22% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 25.50% | 21.82% | 18.53% | 14.00% | 7.76% | 7.32% | 9.57% | 11.30% | 16.46% | 15.91% | 15.45% | 17.66% | |||||
| Net Income Growth (1Y) | 113.10% | 50.77% | 34.97% | -11.50% | -18.54% | 105.26% | 579.17% | -282.26% | -194.68% | -141.13% | -107.23% | -60.26% | |||||
| EPS Growth (1Y) | 75.93% | 31.50% | 23.60% | -20.80% | -20.58% | 85.83% | 494.38% | -254.79% | -180.52% | -137.74% | -107.02% | -60.99% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 304.32 | 424.02 | 561.39 | 778.93 | 498.78 | 234.78 | 241.14 | 157.33 | 170.65 | 270.09 | 1,102.42 | -156.98 | |||||
| P/B TTM | 2.74 | 3.66 | 6.19 | 7.86 | 3.69 | 3.30 | 2.90 | 2.65 | 2.29 | 1.96 | 2.71 | 2.04 | |||||
| P/S TTM | 6.18 | 8.81 | 9.17 | 12.13 | 5.96 | 3.94 | 3.46 | 3.15 | 2.70 | 2.37 | 2.55 | 1.92 | |||||
| Market Cap | 9.40B | 12.47B | 12.35B | 15.58B | 7.23B | 4.58B | 3.93B | 3.56B | 3.04B | 2.57B | 2.65B | 1.95B | |||||
| Enterprise Value | 7.97B | 11.14B | 11.89B | 15.10B | 6.62B | 4.49B | 3.78B | 3.43B | 2.91B | 2.41B | 2.79B | 2.14B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -130.70M | -132.90M | -137.40M | -64.10M | -32.00M | -44.40M | -8.50M | 7.60M | 2.50M | 30.20M | 12.70M | -39.30M | |||||
| Net Debt | -1.44B | -1.33B | -461.40M | -477.10M | -611.70M | -89.50M | -152.80M | -124.50M | -128.70M | -159.50M | 147.80M | 192.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) — SEC Financial Statements & Analysis
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) is a guided missiles & space vehicles & parts company, incorporated in DE. KRATOS DEFENSE & SECURITY SOLUTIONS, INC. trades on Nasdaq as: KTOS. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported a 25.50% year-over-year revenue growth, a Gross Profit Margin of 23.00% (TTM), a Debt-to-Equity ratio of 0.19x, a Price-to-Sales (P/S) ratio of 6.18x (TTM), a Price-to-Book (P/B) ratio of 2.74x (TTM), at a market cap of $9.40B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 25.50%
- Gross Profit Margin TTM
- 23.00%
- Debt To Equity
- 0.19x
- P/S TTM
- 6.18x
- P/B TTM
- 2.74x
- Market Cap
- $9.40B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is KRATOS DEFENSE & SECURITY SOLUTIONS, INC. in?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) operates in the Guided Missiles & Space Vehicles & Parts industry.
What is KTOS's market cap?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) has a market capitalization of $9.40B as of 2026-06-30.
What is KTOS's P/E ratio?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)'s trailing twelve month P/E ratio is 304.32x as of 2026-06-30.
What exchange does KTOS trade on?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) trades on the Nasdaq.
Where is KRATOS DEFENSE & SECURITY SOLUTIONS, INC. incorporated?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. is incorporated in DE.