Nov 5, 4:05 PM ET
Kratos reported third quarter 2026 revenue of $471.8 million, up 35.7% from a year earlier, and raised its adjusted EBITDA guidance for fiscal 2026 while tightening its revenue range. GAAP results weakened, with a net loss of $0.2 million compared with net income of $8.7 million a year earlier, and the company issued an initial 2027 forecast that assumes a continuing resolution into early 2027.
- Q3 2026 revenue $471.8 million vs. $347.6 million in Q3 2025; organic growth 23.2%
- GAAP net loss of $0.2 million (EPS $0.00) vs. net income of $8.7 million ($0.05 per share) in Q3 2025; adjusted EPS $0.24 vs. $0.14
- FY2026 guidance: revenue $1,780 - $1,810 million and adjusted EBITDA $176 - $180 million
- Initial FY2027 forecast: revenue $2,100 - $2,200 million and adjusted EBITDA $230 - $240 million; Q1 2027 expected to be the lightest quarter
Read the filing on SEC.gov ↗
Aug 4, 4:18 PM ET
Kratos Defense & Security Solutions reported second quarter 2026 revenue of $458.8 million, up from $351.5 million a year earlier, and raised its full-year 2026 revenue guidance to $1.750 billion to $1.810 billion. The company posted an operating loss of $1.6 million for the quarter, compared with operating income of $3.7 million a year earlier, while GAAP net income rose to $4.4 million, helped by interest income, and GAAP EPS was $0.02 in both periods.
- Q2 2026 revenue of $458.8 million, up 30.5% from $351.5 million; organic growth of 19.1%
- Operating loss of $1.6 million versus operating income of $3.7 million in Q2 2025; net income of $4.4 million versus $2.9 million
- Adjusted EPS of $0.21 versus $0.11 a year earlier; Adjusted EBITDA of $38.2 million
- Q3 2026 revenue guidance of $460 million to $480 million and operating income guidance of $1 million to $4 million; Q2 operating cash flow use of $11.0 million
Read the filing on SEC.gov ↗
May 6, 4:09 PM ET
Kratos reported first quarter 2026 revenue of $371.0 million, up 22.6% from $302.6 million a year earlier, and GAAP net income of $11.9 million, or $0.07 per diluted share, versus $4.5 million, or $0.03, in the prior-year quarter. The company raised its fiscal 2026 guidance to revenue of $1.700 billion to $1.760 billion and adjusted EBITDA of $170.0 million to $176.0 million, including the recently closed Orbit Technologies acquisition, but reported first quarter operating income of $4.7 million, down from $6.6 million, and cash flow used in operations of $27.4 million.
- Q1 2026 revenue $371.0 million, up 22.6%; organic growth 15.8%
- GAAP net income $11.9 million ($0.07 per diluted share) vs. $4.5 million ($0.03) in Q1 2025
- Fiscal 2026 revenue guidance raised to $1.700 billion to $1.760 billion; adjusted EBITDA guidance $170.0 million to $176.0 million
- Q1 2026 operating income $4.7 million vs. $6.6 million a year earlier; cash flow used in operations $27.4 million
Read the filing on SEC.gov ↗
Mar 25, 4:05 PM ET
Kratos Defense & Security Solutions appointed David King, a former Dynetics CEO and Leidos Group President, to its Board of Directors effective March 23, 2026, and to the Audit Committee. Bill Hoglund stepped down from the Audit Committee but remains Board Chairman. The filing describes a board appointment and committee change, not a change in financial results or company strategy.
- David King appointed to Board effective March 23, 2026, following a March 19, 2026 recommendation from the Nominating and Corporate Governance Committee
- King joins the Audit Committee, which now includes Scott Anderson (Chairperson), Colonel Bradley Boyd (Retired), Scot Jarvis and King
- Bill Hoglund stepped down from the Audit Committee effective March 23, 2026 and remains Chairman of the Board
- King will receive standard non-employee director compensation and a standard indemnification agreement
Read the filing on SEC.gov ↗
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