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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Revenues from foreign customers were approximately $76.4 million or 21% of total revenue for the three months ended March 29, 2026. Revenues from any one foreign country did not exceed 10% of total revenues.

Item 1. Financial Statements.

FAQ

What is Kratos Defense & Security Solutions's non-us — total revenues?
Kratos Defense & Security Solutions (KTOS) reported non-us — total revenues of $76.4M in Q1 2026.
How has Kratos Defense & Security Solutions's non-us — total revenues changed year-over-year?
Kratos Defense & Security Solutions's non-us — total revenues increased by 25.0% year-over-year, from $61.1M to $76.4M.
What is the long-term trend for Kratos Defense & Security Solutions's non-us — total revenues?
Over 4 years (2021 to 2025), Kratos Defense & Security Solutions's non-us — total revenues has grown at a 12.1% compound annual growth rate (CAGR), from $169.8M to $267.7M.
What does non-us — total revenues mean?
This metric represents the total gross revenue generated by the company from customers located outside of its primary domestic market. It serves as a key indicator of the company's international market penetration and its ability to secure defense and security contracts with foreign governments or international entities. Growth in this metric reflects successful expansion into global markets and diversification of the revenue base beyond domestic government spending.

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