# Kratos Defense & Security Solutions, Inc.: overview

KTOS · Nasdaq · CIK 1069258 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 27

Pages: [Overview](/companies/ktos.md) · [Financials](/companies/ktos/financials.md) · [Filings](/companies/ktos/filings.md) · [Insiders](/companies/ktos/insiders.md)

Latest reported revenue: [$458.8m](/filings/0001069258-26-000077.md) for Q2 FY2026, three months to 2026-06-28, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001069258-26-000077).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-29) | Q4 FY2024 (2024-12-29) | Q1 FY2025 (2025-03-30) | Q2 FY2025 (2025-06-29) | Q3 FY2025 (2025-09-28) | Q4 FY2025 (2025-12-28) | Q1 FY2026 (2026-03-29) | Q2 FY2026 (2026-06-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [276](/filings/0001069258-25-000058.md) | [283 d](/filings/0001069258-26-000013.md) | [303](/filings/0001069258-26-000053.md) | [352](/filings/0001069258-26-000077.md) | [348](/filings/0001069258-25-000058.md) | [345 d](/filings/0001069258-26-000013.md) | [371](/filings/0001069258-26-000053.md) | [459](/filings/0001069258-26-000077.md) |
| Gross margin | % | [25.1%](/filings/0001069258-25-000058.md) | [24.7% d](/filings/0001069258-26-000013.md) | [24.3%](/filings/0001069258-26-000053.md) | [21.0%](/filings/0001069258-26-000077.md) | [22.2%](/filings/0001069258-25-000058.md) | [24.2% d](/filings/0001069258-26-000013.md) | [24.2%](/filings/0001069258-26-000053.md) | [21.8%](/filings/0001069258-26-000077.md) |
| Operating margin | % | [2.4%](/filings/0001069258-25-000058.md) | [1.1% d](/filings/0001069258-26-000013.md) | [2.2%](/filings/0001069258-26-000053.md) | [1.1%](/filings/0001069258-26-000077.md) | [2.0%](/filings/0001069258-25-000058.md) | [2.4% d](/filings/0001069258-26-000013.md) | [1.3%](/filings/0001069258-26-000053.md) | [(0.3%)](/filings/0001069258-26-000077.md) |
| Net margin | % | [1.2%](/filings/0001069258-25-000058.md) | [1.4% d](/filings/0001069258-26-000013.md) | [1.5%](/filings/0001069258-26-000053.md) | [0.8%](/filings/0001069258-26-000077.md) | [2.5%](/filings/0001069258-25-000058.md) | [1.7% d](/filings/0001069258-26-000013.md) | [3.2%](/filings/0001069258-26-000053.md) | [1.0%](/filings/0001069258-26-000077.md) |
| Diluted EPS | $ per share | [0.02](/filings/0001069258-25-000058.md) | not reported | [0.03](/filings/0001069258-26-000053.md) | [0.02](/filings/0001069258-26-000077.md) | [0.05](/filings/0001069258-25-000058.md) | not reported | [0.07](/filings/0001069258-26-000053.md) | [0.02](/filings/0001069258-26-000077.md) |
| Free cash flow | $m | [(9.2) d](/filings/0001069258-25-000058.md) | [32.0 d](/filings/0001069258-26-000013.md) | [(51.8)](/filings/0001069258-26-000053.md) | [(32.2) d](/filings/0001069258-26-000077.md) | [(41.3) d](/filings/0001069258-25-000058.md) | [(12.1) d](/filings/0001069258-26-000013.md) | [(47.3)](/filings/0001069258-26-000053.md) | [(28.2) d](/filings/0001069258-26-000077.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-26) | FY2022 (2022-12-25) | FY2023 (2023-12-31) | FY2024 (2024-12-29) | FY2025 (2025-12-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [812](/filings/0001069258-24-000007.md) | [898](/filings/0001069258-25-000008.md) | [1,037](/filings/0001069258-26-000013.md) | [1,136](/filings/0001069258-26-000013.md) | [1,347](/filings/0001069258-26-000013.md) |
| Gross margin | % | [27.7%](/filings/0001069258-24-000007.md) | [25.2%](/filings/0001069258-25-000008.md) | [25.9%](/filings/0001069258-26-000013.md) | [25.3%](/filings/0001069258-26-000013.md) | [22.9%](/filings/0001069258-26-000013.md) |
| Operating margin | % | [3.4%](/filings/0001069258-24-000007.md) | [(0.3%)](/filings/0001069258-25-000008.md) | [3.0%](/filings/0001069258-26-000013.md) | [2.6%](/filings/0001069258-26-000013.md) | [1.9%](/filings/0001069258-26-000013.md) |
| Net margin | % | [(0.2%)](/filings/0001069258-24-000007.md) | [(4.1%)](/filings/0001069258-25-000008.md) | [(0.9%)](/filings/0001069258-26-000013.md) | [1.4%](/filings/0001069258-26-000013.md) | [1.6%](/filings/0001069258-26-000013.md) |
| Diluted EPS | $ per share | [(0.02)](/filings/0001069258-24-000007.md) | [(0.29)](/filings/0001069258-25-000008.md) | [(0.07)](/filings/0001069258-26-000013.md) | [0.11](/filings/0001069258-26-000013.md) | [0.13](/filings/0001069258-26-000013.md) |
| Free cash flow | $m | [(11.2)](/filings/0001069258-24-000007.md) | [(71.1)](/filings/0001069258-25-000008.md) | [12.8](/filings/0001069258-26-000013.md) | [(8.5)](/filings/0001069258-26-000013.md) | [(137)](/filings/0001069258-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ktos/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-26 | [Lund Deanna H](/insiders/1094718.md) | EVP & CFO, Director, Officer | Sale (S) | 7,000 | $40.00 | $280.0k | [Form 4](/filings/0001094718-26-000011.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.20bn | 24,035,367 |  | Reduced −7,627,817 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $451.9m | 9,064,859 |  | Added +153,360 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $421.3m | 8,449,693 |  | Added +174,963 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $398.2m | 7,987,008 |  | Reduced −663,488 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $300.0m | 6,016,073 |  | Added +3,314,308 |
| [ARK Investment Management LLC](/funds/1697748.md) | 2026-06-30 | $233.0m | 4,672,566 |  | Added +1,181,372 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $203.7m | 4,086,232 |  | Reduced −1,051,342 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $185.1m | 3,711,627 |  | Reduced −1,552,655 |
| [ALLIANCEBERNSTEIN L.P.](/funds/1109448.md) | 2026-06-30 | $157.3m | 2,230,446 |  | Reduced −191,122 |
| [Hood River Capital Management LLC](/funds/1578177.md) | 2026-06-30 | $156.4m | 3,137,727 |  | Added +423,156 |

## Recent filings

[All 1,935 filings](/companies/ktos/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-04 | 16:28 ET | [10-Q](/filings/0001069258-26-000077.md) | Quarterly report, period 2026-06-28 | 0001069258-26-000077 |
| 2026-08-04 | 16:18 ET | [8-K](/filings/0001069258-26-000075.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001069258-26-000075 |
| 2026-05-15 | 16:03 ET | [8-K](/filings/0001069258-26-000064.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001069258-26-000064 |
| 2026-05-06 | 16:17 ET | [10-Q](/filings/0001069258-26-000053.md) | Quarterly report, period 2026-03-29 | 0001069258-26-000053 |
| 2026-05-06 | 16:09 ET | [8-K](/filings/0001069258-26-000051.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001069258-26-000051 |
| 2026-04-02 | 16:03 ET | [DEF 14A](/filings/0001069258-26-000040.md) | Proxy statement, period 2026-04-02 | 0001069258-26-000040 |
| 2026-03-25 | 16:05 ET | [8-K](/filings/0001069258-26-000034.md) | 5.02 Departure or appointment of officers or directors | 0001069258-26-000034 |
| 2026-03-06 | 16:12 ET | [8-K](/filings/0001069258-26-000026.md) | 2.01 Completion of an acquisition or disposition; 9.01 Financial statements and exhibits | 0001069258-26-000026 |
| 2026-03-02 | 17:01 ET | [8-K](/filings/0001069258-26-000024.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001069258-26-000024 |
| 2026-02-23 | 16:48 ET | [10-K](/filings/0001069258-26-000013.md) | Annual report, period 2025-12-28 | 0001069258-26-000013 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 28, 2025](/filings/0001069258-26-000013.md), filed Feb 23, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-28, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/87558d3a-5d46-47e5-934a-bed0a623f6a2)

## About the filer

- CIK: 1069258
- Tickers: KTOS
- Exchange: Nasdaq
- SIC code: 3760 Guided Missiles & Space Vehicles & Parts
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 04:31 ET. No prices; not investment advice.