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Kratos Defense & Security Solutions KTOS US — Research and development expenses

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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$10.17B+190%
Enterprise value$8.89B+161%
P/E345.8×+166×
P/S7.2×+4.2×

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:ResearchAndDevelopmentExpense.

The official record: Kratos Defense & Security Solutions’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kratos Defense & Security Solutions's US — research and development expenses?
Kratos Defense & Security Solutions (KTOS) reported US — research and development expenses of $800K in Q1 2026.
How has Kratos Defense & Security Solutions's US — research and development expenses changed year-over-year?
Kratos Defense & Security Solutions's US — research and development expenses increased by 100.0% year-over-year, from $400K to $800K.
What is the long-term trend for Kratos Defense & Security Solutions's US — research and development expenses?
Over 3 years (2022 to 2025), Kratos Defense & Security Solutions's US — research and development expenses has grown at a -28.9% compound annual growth rate (CAGR), from $6.4M to $2.3M.
What does US — research and development expenses mean?
The amount spent on developing new technologies within the Unmanned Systems segment.
How do you interpret US — research and development expenses?
Higher R&D spending typically signals a focus on future product pipelines and technological leadership in the defense market.
How does US — research and development expenses compare across companies?
Comparable to R&D intensity metrics reported by technology-focused defense contractors.