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Kratos Defense & Security Solutions KTOS Service revenues — Total costs

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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:CostOfGoodsAndServicesSold.

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 service revenues — total costs?
Kratos Defense & Security Solutions (KTOS) reported service revenues — total costs of $99.3M in Q1 2026.
How has Kratos Defense & Security Solutions's service revenues — total costs changed year-over-year?
Kratos Defense & Security Solutions's service revenues — total costs increased by 31.2% year-over-year, from $75.7M to $99.3M.
What is the long-term trend for Kratos Defense & Security Solutions's service revenues — total costs?
Over 4 years (2021 to 2025), Kratos Defense & Security Solutions's service revenues — total costs has grown at a 22.9% compound annual growth rate (CAGR), from $156.2M to $356.8M.
What does service revenues — total costs mean?
This metric measures the total direct and indirect costs incurred to deliver services within the specified business segment. It includes labor costs, specialized equipment usage, and overhead directly attributable to service delivery operations. Monitoring this figure is essential for evaluating the operational efficiency and margin profile of the service-based component of the business.

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