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Other financials

Income statement

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Revenue$371.0M+22.6%
Gross profit$89.6M+21.7%
Operating income$4.7M-28.8%
Net income$11.9M+164%
EPS (diluted)$0.07+133%

Balance sheet

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Cash & equivalents$1.5B+455%
Total debt$190.2M-33.3%
Total equity$3.4B+146%
Total assets$4.0B+102%

Cash flow

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Operating cash flow-$27.4M+6.2%
CapEx$19.9M-11.9%
Free cash flow-$47.3M+8.7%

Valuation

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Market cap$10.39B+4.7%
Enterprise value$9.11B-3.2%
P/E353.4×-331×
P/S7.3×-0.8×

Profitability

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Gross margin22.9%-2.1pp
Operating margin1.7%-0.8pp
Net margin2.1%+0.4pp
FCF margin-9.4%

Returns & leverage

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Return on equity1.2%-0.2pp
Debt / equity0.1×-0.1×
Current ratio5.6×+2.8×

Where this comes from

Reported directly by Kratos Defense & Security Solutions in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Kratos Defense & Security Solutions’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001069258-26-000053
Line itemKGSUSTotal
Gross value$998.8$138.6$1,137.4
Less accumulated impairment239.513.8253.3
Net$759.3$124.8$884.1

Item 1. Financial Statements.

FAQ

What is Kratos Defense & Security Solutions's KGS — goodwill?
Kratos Defense & Security Solutions (KTOS) reported KGS — goodwill of $759.3M in Q1 2026.
What does KGS — goodwill mean?
This represents the net carrying value of goodwill associated with the Government Solutions segment, arising from past business acquisitions where the purchase price exceeded the fair value of net identifiable assets. It serves as an indicator of the premium paid for market share, intellectual property, and synergies within the defense and technology space. Changes in this balance reflect both new acquisitions and periodic impairment testing outcomes.

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