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Kratos Defense & Security Solutions KTOS Product sales — Total revenues

Other product segments

Service revenues
$134M+30.9%

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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
Line itemThree Months Ended / March 29, 2026Three Months Ended / March 30, 2025
Service revenues$134.0$102.4
Product sales237.0200.2
Total revenues371.0302.6
Cost of service revenues99.375.7
Cost of product sales182.1153.3
Total costs281.4229.0
Gross profit89.673.6
Selling, general and administrative expenses72.357.0

Item 1. Financial Statements.

FAQ

What is Kratos Defense & Security Solutions's product sales — total revenues?
Kratos Defense & Security Solutions (KTOS) reported product sales — total revenues of $237M in Q1 2026.
How has Kratos Defense & Security Solutions's product sales — total revenues changed year-over-year?
Kratos Defense & Security Solutions's product sales — total revenues increased by 18.4% year-over-year, from $200.2M to $237M.
What is the long-term trend for Kratos Defense & Security Solutions's product sales — total revenues?
Over 4 years (2021 to 2025), Kratos Defense & Security Solutions's product sales — total revenues has grown at a 10.3% compound annual growth rate (CAGR), from $592.1M to $877.8M.
What does product sales — total revenues mean?
This metric represents the total gross revenue generated from the sale of tangible products within a specific business segment. It captures the inflow of economic benefits resulting from the delivery of hardware, systems, or manufactured goods to customers. Monitoring this figure helps assess the market demand and commercial scaling of the company's physical product offerings.

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