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Segments

By segment

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Kratos Government Solutions$39.2M+11.4%
US$12M+6.2%

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:SellingGeneralAndAdministrativeExpense.

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
Cost of product sales182.1153.3
Total costs281.4229.0
Gross profit89.673.6
Selling, general and administrative expenses72.357.0
Merger and acquisition expenses1.9
Research and development expenses10.710.0
Operating income4.76.6
Other income (expense):

Item 1. Financial Statements.

FAQ

What is Kratos Defense & Security Solutions's SG&A?
Kratos Defense & Security Solutions (KTOS) reported SG&A of $72.3M in Q1 2026.
How has Kratos Defense & Security Solutions's SG&A changed year-over-year?
Kratos Defense & Security Solutions's SG&A increased by 26.8% year-over-year, from $57M to $72.3M.
What is the long-term trend for Kratos Defense & Security Solutions's SG&A?
Over 4 years (2021 to 2025), Kratos Defense & Security Solutions's SG&A has grown at a 10.7% compound annual growth rate (CAGR), from $160.2M to $240.2M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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