Kratos Defense & Security Solutions, Inc. (KTOS) Stock: Price, Forecast & Analyst Target
Kratos Defense & Security Solutions, Inc. (KTOS) — MoonshotScore 33/100 (Weak band), calculated Oct 5, 2026. Price $43.07 (+0.58%), as of the Oct 2, 2026 trading session; market cap $8.08B. Expected results Nov 3, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 5.62× (market value Oct 2, 2026; cash Jun 28, 2026) · expected results Nov 3, 2026
Kratos Defense & Security Solutions, Inc. · KTOS · NASDAQ · Industrials · Aerospace & Defense
Research dated 2026-09-13: Kratos is a defense contractor whose portfolio runs from autonomous aircraft and maritime platforms to microwave electronics, satellite communications, turbine technology and rocket support. It is not simply a drone maker: product sales outweigh services, while government-solutions work broadens the business well beyond unmanned systems. The case depends on whether rapid revenue growth can produce durable operating profit and cash generation rather than continued expense growth and cash use.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · Kratos Defense & Security Solutions (KTOS)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
A fortress balance sheet, but stalling growth and an expensive valuation, and the price trend has turned against it. Business Quality: Average; Financial Safety: Fortress; Valuation: Rich; Growth Durability: Shrinking; Momentum: Falling.
Enterprise value relative to EBITDA is the main valuation drag relative to sector peers.
- quarterly revenue $459M (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 8 of 8
- Altman Z 8.06 · Piotroski F 5
Holding back: a rich price, soft growth, weak price trend
Helping: balance-sheet strength
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 34 | Weak | |
| 34 | Weak | |
| 34 | Weak | |
| 34 | Weak | |
| 33 | Weak | |
| 33 | Weak |
The score was 33 in the stored Oct 4, 2026 snapshot and remains 33 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value |
|---|---|
| Latest provided price | $43.07 |
| Change on the day | +0.58% |
| 52-week range | $41.83–$134.00 |
| Market capitalisation | $8.08B |
| Price / earnings (trailing) | 250.55 |
| Shares traded on the day | 4.44M |
| Beta (volatility vs the S&P 500) | 1.11 |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
If one of these goes into production, I think it will second half next year, we're going to build that other one at this facility because it's going to have a classified space.
Eric DeMarco · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Kratos Defense & Security Solutions (KTOS): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
5 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 29, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the KTOS film — every key number, told as a short cinematic story
~2 min · open the film
What is Kratos Defense & Security Solutions (KTOS), and what does it report?
Short answer · as of
Kratos supplies defense products and technical services primarily to the United States defense establishment, intelligence and classified agencies, international governments and commercial customers.
Research dated 2026-09-13.
Kratos supplies defense products and technical services primarily to the United States defense establishment, intelligence and classified agencies, international governments and commercial customers. Demand is tied to customer programs and the delivery of autonomous platforms, electronics, communications systems, training, cyber capabilities, turbine technologies and rocket-support work.
The accounts combine Kratos Government Solutions with Unmanned Systems, then divide revenue between products and services. Because products contribute more revenue than services, the top line measures a mix of hardware deliveries and program work rather than a uniform stream of recurring service fees.
What do the latest results show for Kratos Defense & Security Solutions (KTOS)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $459M.
Research dated 2026-09-13.
The latest period delivered the strongest revenue and gross profit in the reported sequence. Gross profit expanded, but selling and administrative expense rose much faster and research spending also increased, pushing the operating result below break-even even as net income remained positive. Revenue and the earnings measure tracked in the surprise history have exceeded consensus repeatedly, but the statutory income statement shows that headline growth has yet to translate cleanly into operating leverage.
Management separately described a program that could enter production in the latter part of the following year and said another unit would then be built at a facility containing classified space. That is conditional capacity commentary, not evidence that the latest revenue increase already came from the program.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $458.80M Jun 28, 2026
- Latest quarter · R&D
- $13.60M Jun 28, 2026
- Latest quarter · SG&A
- $87.30M Jun 28, 2026
- Latest quarter · FMP standardized operating result
- −$1.60M Jun 28, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 28, 2026 | $458.80M | $13.60M | $87.30M | −$1.60M |
| Mar 29, 2026 | $371.00M | $10.70M | $62.70M | $7.70M |
| Dec 28, 2025 | $345.10M | $9.80M | $57.00M | $10.30M |
| Sep 28, 2025 | $347.60M | $10.00M | $59.80M | $7.10M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $458.80M Aug 4, 2026
- Latest report · revenue estimate
- $410.36M Aug 4, 2026
- Latest report · revenue vs estimate
- Above estimate Aug 4, 2026
- Latest report · EPS vs estimate
- Above estimate Aug 4, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 4, 2026 | $458.80M | $410.36M | $0.2100 | $0.1388 |
| May 6, 2026 | $371.00M | $345.00M | $0.1600 | $0.1342 |
| Feb 23, 2026 | $345.10M | $327.18M | $0.1800 | $0.1579 |
| Nov 4, 2025 | $347.60M | $321.97M | $0.1400 | $0.1250 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $459M | $4M | $0.02 (diluted) |
| Q1 FY2026 | $371M | $12M | $0.07 (diluted) |
| Q4 FY2025 | $345M | $6M | $0.03 (diluted) |
| Q3 FY2025 | $348M | $9M | $0.05 (diluted) |
What are the financial strengths and risks for Kratos Defense & Security Solutions (KTOS)?
Short answer
Cash and short-term investments were $1.44B at the Jun 28, 2026 balance-sheet date. Operating cash flow was −$9.90M for the quarter ended Jun 28, 2026, meaning operations used cash. These figures do not establish a cash runway.
Research dated 2026-09-13.
Liquidity is the clearest financial strength. Cash and investments stand far above debt and total liabilities, the cash balance has risen sharply, and the distress screen is comfortably positive. Even under the current cash-use estimate, the balance provides a long funding runway.
Cash conversion is the counterweight. Operations have used cash across the recent reporting periods, capital spending has remained persistent, free cash flow yield is negative and operating margins are thin. Kratos would become more financially exposed if product and program activity kept lifting expenses and investment without restoring operating profit and cash inflow; the elevated valuation ratios leave little support from current earnings if that conversion stalls.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- −$9.90M Jun 28, 2026
- Previous quarter · operating cash flow
- −$28.50M Mar 29, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 28, 2026 | −$9.90M | −$17.20M |
| Mar 29, 2026 | −$28.50M | −$19.90M |
| Dec 28, 2025 | $12.10M | −$24.20M |
| Sep 28, 2025 | −$13.30M | −$28.00M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Kratos Defense & Security Solutions (KTOS)?
Short answer · as of
The next earnings report is expected on Nov 3, 2026.
Research dated 2026-09-13.
Revenue quality now matters more than another headline beat. Watch whether gross profit keeps pace with sales, selling and administrative expense settles after its latest jump, the operating result returns above break-even and operating cash flow reverses its recent deficits. Those observations would show whether the larger revenue base is gaining economic value rather than merely scale.
Management's production remark creates a separate milestone: evidence that the referenced program has moved from possibility toward production, followed by investment in classified capacity. Long-range consensus assumes steep expansion in revenue and earnings, so progress in production, margins and cash conversion must accompany continued estimate beats.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
If one of these goes into production, I think it will second half next year, we're going to build that other one at this facility because it's going to have a classified space.
Eric DeMarco ·
How does Kratos Defense & Security Solutions compare with its peers?
Short answer
Kratos Defense & Security Solutions's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-13.
Kratos sits between a defense-services contractor and an autonomous-systems specialist. Its product-heavy revenue mix gives hardware deliveries substantial influence, while Government Solutions adds microwave electronics, space communications, cyber and training capabilities, turbine technology, modular systems and rocket support alongside unmanned platforms.
The financial profile is also distinctive: a large net-cash position supports development and capacity investment, yet operating margins and cash conversion remain modest. Kratos therefore resembles a funded defense-growth platform more than a mature contractor already harvesting strong cash returns.
| Company | Price | Market value | Score |
|---|---|---|---|
| $19.66 Oct 5, 2026 | $15.4B | 81 5-pillar Oct 5, 2026 | |
| $41.91 Oct 5, 2026 | $20.8B | 75 5-pillar Oct 5, 2026 | |
| $334.89 Oct 5, 2026 | $19.8B | 70 5-pillar Oct 5, 2026 | |
| $62.41 Oct 5, 2026 | $5.78B | 68 5-pillar Oct 5, 2026 | |
| $36.62 Oct 5, 2026 | $9.82B | 65 5-pillar Oct 5, 2026 | |
| $86.50 Oct 5, 2026 | $6.53B | 63 5-pillar Oct 5, 2026 | |
| $23.86 Oct 5, 2026 | $7.72B | 61 5-pillar Oct 5, 2026 | |
| $21.05 Oct 5, 2026 | $7.00B | 60 5-pillar Oct 5, 2026 | |
| $136.64 Oct 5, 2026 | $12.6B | 58 5-pillar Oct 5, 2026 | |
| $41.06 Oct 5, 2026 | $17.5B | 57 5-pillar Oct 5, 2026 | |
| $222.19 Oct 5, 2026 | $17.3B | 56 5-pillar Oct 5, 2026 | |
| $266.27 Oct 5, 2026 | $10.6B | 55 5-pillar Oct 5, 2026 | |
| Kratos Defense & Security Solutions (KTOS) — this page | $43.07 | $8.08B | 33 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $68.00 – $135.00
- Consensus target
- $95.31
- Median target
- $89.00
Consensus record · Captured .
Measured against a quoted price of $43.07 (as of Oct 2, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 21, 2026
- Transactions
- 98
- Identified insiders
- 15
- Purchases
- 0
- Sales
- 87
- Other transactions
- 11
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 81.8% Period end Jun 30, 2026
- Previous quarter · ownership
- 94.3% Prior to period end Jun 30, 2026
- Reporting holders
- 674 Period end Jun 30, 2026
- Previous quarter · holders
- 753 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 24,035,367 |
| State Street Corp | 9,064,859 |
| Vanguard Capital Management LLC | 8,449,693 |
| Vanguard Portfolio Management LLC | 7,987,008 |
| First Trust Advisors LP | 6,016,073 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
Kratos Defense & Security Solutions Industrials Stock: Key Questions Answered
Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
What does Kratos Government Solutions sell?
Kratos Government Solutions supplies microwave electronics, space and satellite communications, training and cyber capabilities, command-and-control and modular systems, turbine technologies, and defense and rocket-support services.
What sits alongside Kratos unmanned aircraft?
The autonomous portfolio also includes ground and maritime systems, while the wider company supplies electronics, communications, turbines, training, cyber capabilities and rocket support. Kratos is consequently broader than an unmanned-aircraft specialist.
Why did Kratos operating profit weaken as revenue climbed?
Gross profit increased, but selling and administrative expense rose more sharply and research spending also moved higher. That cost movement pulled the latest operating result below break-even despite the revenue surge.
Can Kratos keep funding unmanned and turbine development?
Current cash and investments substantially exceed debt, while the estimated runway leaves considerable room at the recent rate of cash use. Persistent operating cash deficits and capital spending still make cash conversion an important constraint to monitor.
What is the KTOS stock price today?
The last price recorded on this page for Kratos Defense & Security Solutions, Inc. (KTOS) is $43.07, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the KTOS price target?
The analyst consensus price target for Kratos Defense & Security Solutions, Inc. (KTOS) is $95.31 (range $68.00 to $135.00, median $89.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (84 figures)
The 84 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Eric DeMarco (Aug 4, 2026): If one of these goes into production, I think it will second half next year, we're going to build that other one at this facility because it's going to have a classified space. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 10680 Treena Street, Suite 600, SAN Diego, CA, 92131 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "10680 Treena Street, San Diego, CA, 92131, US". |
FMP — 74 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Nov 3, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $43.07 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T07:35:07.770Z. | |
px.change | Change on the day | +0.58% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $8.08B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-05T07:34:51.195Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$0.25 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $459M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $41.83–$134.00 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 250.55 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 4.44M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.11 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Eric DeMarco | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 4,300 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $811.50M, net result −$2.00M; FY2022 revenue $898.30M, net result −$36.90M; FY2023 revenue $1.04B, net result −$8.90M; FY2024 revenue $1.14B, net result $16.30M; FY2025 revenue $1.35B, net result $22.00M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Product $877.80M · Service $469.00M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 22.0% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-28.revenue_k | Revenue — period end 2026-06-28 | $458.80M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-28.rd_k | R&D — period end 2026-06-28 | $13.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-28.sga_k | SG&A — period end 2026-06-28 | $87.30M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-28.operating_result_k | FMP standardized operating result — period end 2026-06-28 | −$1.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-29.revenue_k | Revenue — period end 2026-03-29 | $371.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-29.rd_k | R&D — period end 2026-03-29 | $10.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-29.sga_k | SG&A — period end 2026-03-29 | $62.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-29.operating_result_k | FMP standardized operating result — period end 2026-03-29 | $7.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-28.revenue_k | Revenue — period end 2025-12-28 | $345.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-28.rd_k | R&D — period end 2025-12-28 | $9.80M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-28.sga_k | SG&A — period end 2025-12-28 | $57.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-28.operating_result_k | FMP standardized operating result — period end 2025-12-28 | $10.30M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-28.revenue_k | Revenue — period end 2025-09-28 | $347.60M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-28.rd_k | R&D — period end 2025-09-28 | $10.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-28.sga_k | SG&A — period end 2025-09-28 | $59.80M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-28.operating_result_k | FMP standardized operating result — period end 2025-09-28 | $7.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-08-04.revenue_actual | Revenue · reported — report date 2026-08-04 | $458.80M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.revenue_estimated | Revenue · estimate — report date 2026-08-04 | $410.36M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_actual | EPS · reported — report date 2026-08-04 | $0.2100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_estimated | EPS · estimate — report date 2026-08-04 | $0.1388 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-06.revenue_actual | Revenue · reported — report date 2026-05-06 | $371.00M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-06.revenue_estimated | Revenue · estimate — report date 2026-05-06 | $345.00M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-06.eps_actual | EPS · reported — report date 2026-05-06 | $0.1600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-06.eps_estimated | EPS · estimate — report date 2026-05-06 | $0.1342 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-23.revenue_actual | Revenue · reported — report date 2026-02-23 | $345.10M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-23.revenue_estimated | Revenue · estimate — report date 2026-02-23 | $327.18M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-23.eps_actual | EPS · reported — report date 2026-02-23 | $0.1800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-23.eps_estimated | EPS · estimate — report date 2026-02-23 | $0.1579 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.revenue_actual | Revenue · reported — report date 2025-11-04 | $347.60M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.revenue_estimated | Revenue · estimate — report date 2025-11-04 | $321.97M | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.eps_actual | EPS · reported — report date 2025-11-04 | $0.1400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.eps_estimated | EPS · estimate — report date 2025-11-04 | $0.1250 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $1.44B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | −$9.90M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-28. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $11.90M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $193.60M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 2.37× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-28.operating_cash_flow_m | Operating cash flow — period end 2026-06-28 | −$9.90M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-29.operating_cash_flow_m | Operating cash flow — period end 2026-03-29 | −$28.50M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-28.capex_m | Capital expenditure (reported) — period end 2026-06-28 | −$17.20M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-29.capex_m | Capital expenditure (reported) — period end 2026-03-29 | −$19.90M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-28.operating_cash_flow_m | Operating cash flow — period end 2025-12-28 | $12.10M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-28.capex_m | Capital expenditure (reported) — period end 2025-12-28 | −$24.20M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-28.operating_cash_flow_m | Operating cash flow — period end 2025-09-28 | −$13.30M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-28.capex_m | Capital expenditure (reported) — period end 2025-09-28 | −$28.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $68.00 – $135.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $95.31 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $89.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 98 transactions · 0 purchases, 87 sales, 11 other transactions · 15 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 21, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 81.8% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 94.3% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 674 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 753 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 24,035,367 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | State Street Corp — shares in provider snapshot | 9,064,859 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Vanguard Capital Management LLC — shares in provider snapshot | 8,449,693 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 7,987,008 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | First Trust Advisors LP — shares in provider snapshot | 6,016,073 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 2 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 8 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-02 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 8.06 · Piotroski F 5 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-04 · Expired observation |
COMPUTED — 3 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 5.62× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $1.44B at Jun 28, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-28. The inputs do not establish a single common source date for this ratio. |
earn.history.depth.2026-08-04.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($458.80M) with the recorded estimate ($410.36M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-08-04.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.2100) with the recorded estimate ($0.1388) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 3 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 33 of 100 · Weak · pillars 41 / 96 / 24 / 15 / 19 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.valuation_driver | Recorded valuation score driver | Enterprise value relative to EBITDA is the main valuation drag relative to sector peers. | OURS | Stock Expert AI MoonshotScore v2 engine · stored factor contributions | |
ours.moonshot_change | MoonshotScore movement | 33 (stored snapshot Oct 4, 2026) → 33 (current publication computed Oct 5, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-28. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-28.revenue_k,fin.q_table.depth.2026-06-28.rd_k,fin.q_table.depth.2026-06-28.sga_k,fin.q_table.depth.2026-06-28.operating_result_k,fin.q_table.depth.2026-03-29.revenue_k,fin.q_table.depth.2026-03-29.rd_k,fin.q_table.depth.2026-03-29.sga_k,fin.q_table.depth.2026-03-29.operating_result_k,fin.q_table.depth.2025-12-28.revenue_k,fin.q_table.depth.2025-12-28.rd_k,fin.q_table.depth.2025-12-28.sga_k,fin.q_table.depth.2025-12-28.operating_result_k,fin.q_table.depth.2025-09-28.revenue_k,fin.q_table.depth.2025-09-28.rd_k,fin.q_table.depth.2025-09-28.sga_k,fin.q_table.depth.2025-09-28.operating_result_k. - Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-04.revenue_actual,earn.history.depth.2026-08-04.revenue_estimated,earn.history.depth.2026-08-04.revenue_actual.comparison,earn.history.depth.2026-08-04.eps_actual.comparison,earn.history.depth.2026-08-04.eps_actual,earn.history.depth.2026-08-04.eps_estimated,earn.history.depth.2026-05-06.revenue_actual,earn.history.depth.2026-05-06.revenue_estimated,earn.history.depth.2026-05-06.eps_actual,earn.history.depth.2026-05-06.eps_estimated,earn.history.depth.2026-02-23.revenue_actual,earn.history.depth.2026-02-23.revenue_estimated,earn.history.depth.2026-02-23.eps_actual,earn.history.depth.2026-02-23.eps_estimated,earn.history.depth.2025-11-04.revenue_actual,earn.history.depth.2025-11-04.revenue_estimated,earn.history.depth.2025-11-04.eps_actual,earn.history.depth.2025-11-04.eps_estimated. - Cash-flow note. Source series as of 2026-06-28. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-28.operating_cash_flow_m,fin.opcf.depth.2026-03-29.operating_cash_flow_m,fin.opcf.depth.2026-06-28.capex_m,fin.opcf.depth.2026-03-29.capex_m,fin.opcf.depth.2025-12-28.operating_cash_flow_m,fin.opcf.depth.2025-12-28.capex_m,fin.opcf.depth.2025-09-28.operating_cash_flow_m,fin.opcf.depth.2025-09-28.capex_m.
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Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Kratos Defense & Security Solutions, Inc. primarily functions as a contractor for the United States Department of Defense. Its business operations are organized into two distinct divisions: Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment delivers a comprehensive suite of products and services, including advanced microwave electronics, solutions for space and satellite communications, specialized training and cybersecurity/warfare capabilities, C5ISR (Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance) and modular systems, cutting-edge turbine technologies, and essential defense and rocket support services. Meanwhile, the Unmanned Systems division is dedicated to developing and supplying autonomous platforms, specifically unmanned aerial, ground, and maritime systems. Kratos caters to an extensive client base, which includes various national security organizations, the DoD, intelligence and classified agencies, international government bodies, and both domestic and global commercial enterprises. The company was established in 1994 and its corporate headquarters are located in San Diego, California. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Product: $877.80M; Service: $469.00M | 2025-12-28 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-28 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-28 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Most recent periodic reports | 2026-08-04 | OFFICIAL | SEC EDGAR filer submissions | |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-28 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-08-04 | FMP | Financial Modeling Prep (FMP) earnings |
| Management outlook — dated call excerpts | Captured record · 1 entry
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-08-04 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Recent SEC filings |
| 2026-08-04 | OFFICIAL | SEC EDGAR filer submissions |
| Cash, investments and debt | Total debt: $193.60M; Liquidity basis: cash and short-term investments; Total liabilities: $663.00M; Cash and short-term investments: $1.44B; Cash and investments: $1.45B; Long-term investments: $11.90M; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-28 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $1.45B; Cash and short-term investments: $1.44B; Long-term investments: $11.90M; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-28 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-28 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash runway cross-check (ours) | Years: 15.1; Method: cash and short-term investments of $1437.6M at 2026-06-28 divided by the annualized rate at which operations and capital spending used cash ($95M per year); Reaches: 2041-07; Cash basis: cash and short-term investments; Cash: $1.44B; Annualized cash use: $95.00M Rate taken from operating cash flow less capital expenditure over the 8 most recent reported quarters, annualized.; Measured from operations, not from the change in the cash balance — a company that raised money during the window would otherwise appear to be burning less than it is.; Assumes that rate continues unchanged: it ignores announced cost reductions, financing already arranged and any change in spending.; Assumes the reported cash and short-term investments are realizable for funding operations; restrictions and timing of access are not established by these provider fields. Long-term investments are excluded.; It is a cross-check, not a forecast, and the company's own statement about its runway outranks it. | 2026-06-28 | COMPUTED | Computed from reported cash flow; assumptions stated |
| Cash against market value | As of: 2026-06-28; Cash basis: cash and short-term investments; Net cash: $1.24B; Total debt: $193.60M; Cash and investments: $1.44B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-28 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 4.99; Current ratio: 5.54; Debt to equity: 0.06; Net margin: 2%; Gross margin: 22%; Operating margin: 1.5%; Return on assets: 0.8%; Return on equity: 1.1% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 8.67; Piotroski F-score: 5 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-11-03; EPS estimate: $0.21 per share; Revenue estimate: $469.65M The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-13 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.
ETFs that hold KTOS
Funds in our ETF coverage that list KTOS among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| iShares Russell 2000 Growth ETF (IWO) | 0.91% |