Kratos Defense & Security Solutions, Inc.
NASDAQ•KTOS
CEO: Mr. Eric M. DeMarco
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 1999-11-05
Kratos Defense & Security Solutions, Inc. operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter. The company primarily serves national security-related agencies, the U.S. Department of Defense, intelligence agencies and classified agencies, international government agencies, and commercial customers. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
Contact Information
10680 Treena Street, 6th Floor, San Diego, CA, 92131, United States
858-812-7300
Market Cap
$16.71B
P/E (TTM)
693.3
136.7
Dividend Yield
--
52W High
$134.00
52W Low
$25.78
52W Range
Rank64Top 94.9%
1.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$345.10M+0.00%
4-Quarter Trend
EPS
$0.03+0.00%
4-Quarter Trend
FCF
-$12.10M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Total Revenue Growth Total revenues reached $1.35B USD, marking an 18.5% increase from $1.14B USD in the prior year.
Net Income Rises Net income attributable to Kratos was $22.0M USD, significantly up from $16.3M USD last year, showing profitability gains.
Strong Backlog Visibility Total backlog stands at $1.57B USD as of year-end, providing stable revenue visibility into future periods.
Debt Extinguished Total debt reduced to zero USD by July 2025 following the payoff of the Term Loan A using equity offering proceeds.
Risk Factors
Gross Margin Compression Gross margin percentage declined to 22.9% USD from 25.3% USD, impacted by unfavorable revenue mix and labor costs.
Government Budget Uncertainty Business heavily reliant on US Government funding; budget debates and appropriations delays pose material adverse effects.
Labor Shortage Impact Industry-wide shortage of qualified labor, especially STEM roles, continues to challenge execution and pressure operating margins.
Cybersecurity Compliance Costs Achieving and maintaining CMMC certification requires substantial and ongoing investment, increasing cost pressures across operations.
Outlook
Strategic Growth Investments Company continues targeted internal funding for R&D, focusing on high-growth areas like hypersonics and space systems.
Leveraging Infrastructure Management plans to leverage expanded corporate infrastructure to support higher revenue base and improve future operating margins.
Major Contract Execution Focus remains on executing large, multi-year contracts, including the $1.45B USD MACH TB 2.0 hypersonic test bed award.
Affordability as Technology Strategy centers on being first to market with affordable, disruptive technology solutions aligned with DoW priorities.
Peer Comparison
Revenue (TTM)
$28.06B
$14.80B
$14.30B
Gross Margin (Latest Quarter)
36.5%
32.0%
29.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| MTZ | $23.43B | 58.0 | 13.1% | 27.6% |
| WWD | $21.71B | 44.3 | 19.6% | 19.2% |
| LUV | $19.97B | 45.2 | 5.3% | 20.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.5%
Moderate Growth
4Q Net Income CAGR
9.4%
Profitability Improving
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data