KTOS at a glance
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS, SEC CIK 1069258) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on August 4, 2026 and Form 4 insider filings as recently as September 23, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 28, 2025 (FY2025), KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) reported revenue of $1.3 billion (up 18.5% from FY2024) and net income of $22.0 million. Diluted EPS was $0.13.
- As of June 30, 2026, 38 institutional investment managers tracked by SignalX reported holding KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) shares worth $3.9 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Lund Deanna H on September 21, 2026 of 4,100 shares at $48.56 per share.
- In the last 90 days, KTOS insiders reported 0 open-market purchases ($0) and 32 open-market sales ($24.0M) on Form 4, a net sale of $24.0M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.3B
- +18.5% vs prior year
- Insiders · 90 days
- 0 buys · 32 sells
- Net −$24.0M
- 13F holders
- 38 funds
- $3.9B · −1 vs prior quarter
- Latest 8-K
- Aug 4, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 28, 2025
Business Overview
- Core business model: Design, development, and manufacturing of technologically advanced defense products and services primarily for U.S. Government agencies
- Emphasis on UAS and UGS markets, with US segment representing 21.7% of total revenue in 2025, targeting expansion to foreign governments and commercial customers
- Increased risk exposure from new executive orders reinforcing government efficiency, acquisition process reforms, and potential limits on contractor compensation during underperformance
- Dependence on key customers: U.S. Air Force and Navy accounted for 12.6% and 17.7% of revenue in 2025, highlighting revenue concentration risk
- Noteworthy regulatory and supply chain risks including global semiconductor shortages and stringent government-approved supplier requirements impacting C5ISR business segment
Risk Factors
- Risk of reduced U.S. Government funding due to budget constraints affecting defense spending
- Supply chain disruptions and inflation continuing to impact operations and industry costs
- Legal contingencies with potential liability revisions under FASB ASC Topic 450 impacting financial results
- Market risk from volatility increasing discount rates, affecting valuation of reporting units
- Increased competitive threat from rising use of small business providers in U.S. Government contracts
Management Discussion & Analysis
- Revenue $1,346.8M, up 18.5% YoY from $1,136.3M; KGS segment up $189.0M (21.8%), US segment up $21.5M (7.9%)
- Gross margin 22.9% vs 25.3% prior year; KGS margin 24.4% vs 27.6%, US margin 17.4% vs 17.9%; margin declines from unfavorable mix and higher labor/material costs
- Best segment: KGS revenue $1,054.8M, up $189.0M (21.8%); Worst margin: US segment 17.4%, down 0.5 pts YoY
- Cash and equivalents $560.6M vs $329.3M; total debt zero vs $185.0M prior year; $555.9M net proceeds from public equity offering; no buybacks or dividends disclosed
- Management cites risks: government shutdowns, funding uncertainty, inflation, supply chain disruption, labor shortages; expects increased defense spending from new legislation FY26
AI summary of the KTOS 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 28, 2026
Management Discussion & Analysis
- Revenue $458.8M, up 30.5% YoY from $351.5M
- Gross margin 21.8% vs 21.0% YoY
- KGS strongest segment, revenue $379.7M, up 36.4% YoY
- Unmanned Systems weakest segment, revenue $79.1M, up 8.1% YoY
- Backlog $2.084B, with $1.572B funded; supply-chain purchases increasing working-capital use
Risk Factors
- No risk-factors section provided; supplied text covers unregistered stock issuance and insider trading plans
- Acquisition consideration: 14,768 shares issued to former Nomad shareholders on April 16, 2026
- Insider selling exposure: CEO trading plan covers up to 1,500,000 shares through August 15, 2029
- Executive and director plans cover maximum aggregate sales of 355,421 shares
- Securities-law compliance: Nomad shares issued under Securities Act Section 4(a)(2) exemption
AI summary of the KTOS 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item EX-99.1: Item EX-99.1
- Q2 revenue $458.8M, up 30.5% YoY with 19.1% organic growth; KGS led at 22.0% organic growth
- GAAP operating loss $1.6M despite $4.4M net income; adjusted EBITDA $38.2M and adjusted EPS $0.21
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 financial results released on August 4, 2026
- Detailed revenue, profitability, guidance, and operating metrics available in Exhibit 99.1
Item 5.07: Submission of Matters to a Vote of Security Holders
- All nine director nominees reelected, preserving existing Board composition through the next annual meeting
- Deloitte & Touche ratified for fiscal 2026, supporting audit continuity
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 financial results released on May 6, 2026
- Detailed revenue, profitability, cash flow, and outlook information in Exhibit 99.1
AI summaries of KTOS 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for KTOS
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Lund Deanna H | Sell | Sep 21, 2026 | 4,100 | $48.56 |
| Lund Deanna H | Sell | Sep 21, 2026 | 2,900 | $49.10 |
| Carrai Phillip D | Sell | Sep 15, 2026 | 2,700 | $47.24 |
| Carrai Phillip D | Sell | Sep 15, 2026 | 420 | $48.89 |
| Carrai Phillip D | Sell | Sep 15, 2026 | 3,380 | $48.17 |
| Mendoza Marie | Sell | Sep 15, 2026 | 1,000 | $48.50 |
| Fendley Steven S. | Sell | Aug 24, 2026 | 7,000 | $56.16 |
| Jarvis Scot B | Sell | Aug 18, 2026 | 10,000 | $63.50 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $1.1B | $1.3B |
| Gross Profit | $268.6M | $287.2M | $307.9M |
| Operating Income | - | $29.0M | $25.6M |
| Net Income | -$8.9M | $16.3M | $22.0M |
| Gross Margin | - | 25.3% | 22.9% |
| Op. Margin | - | 2.6% | 1.9% |
| Net Margin | - | 1.4% | 1.6% |
| Balance Sheet | |||
| Total Assets | $1.6B | $2.0B | $2.5B |
| Equity | - | $1.4B | $2.0B |
| ROE | - | 1.2% | 1.1% |
| Per Share | |||
| EPS | $-0.07 | $0.11 | $0.13 |
| Cash Flow | |||
| Operating CF | - | $49.7M | -$42.1M |
Source: XBRL data in KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate KTOS share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 38 | $3.86B |
| Q1 2026 | 39 | $6.38B |
| Q4 2025 | 35 | $6.12B |
| Q3 2025 | 37 | $7.74B |
| Q2 2025 | 33 | $4.03B |
| Q1 2025 | 28 | $1.73B |
| Q4 2024 | 22 | $1.27B |
| Q3 2024 | 20 | $649.2M |
- ARK Investment Management+1.18M (+34%)
- Millennium Management+1.09M (+526%)
- Two Sigma Investments+540.1K (+7871%)
- Citadel Advisors LLC+480.7K (+91%)
- AQR Capital Management+423.3K (+422%)
- BlackRock−7.63M (-24%)
- Franklin Resources−3.21M (-81%)
- T. Rowe Price Group−1.77M (-83%)
- Invesco Ltd−1.05M (-20%)
- Ameriprise Financial−738.1K (-59%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 252 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
KTOS filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 4 | Aug 20, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 14, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 4 | Aug 5, 2026 | - | - | - |
| 10-Q | Aug 4, 2026 | Jun 28, 2026 | Analysis | |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 10, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jun 17, 2026 | - | - | - |
| 4 | Jun 17, 2026 | - | - | - |
| 4 | Jun 10, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | May 29, 2026 | - | - | |
| 4 | May 28, 2026 | - | - | |
| 4 | May 28, 2026 | - | - | |
| 4 | May 28, 2026 | - | - |
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KTOS SEC filings: frequently asked questions
Are KTOS insiders buying or selling?
In the last 90 days, KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) officers, directors and 10% owners reported no open-market purchases and 32 open-market sales worth $24.0 million by 7 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold KTOS stock?
As of June 30, 2026, the largest KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) holders among the 13F filers tracked by SignalX were BlackRock ($1.2 billion), State Street Corp ($451.9 million), Vanguard Capital Management LLC ($421.3 million), Vanguard Portfolio Management LLC ($398.2 million), ARK Investment Management ($233.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was KTOS's revenue in fiscal year 2025?
For the fiscal year ended December 28, 2025 (FY2025), KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) reported revenue of $1.3 billion (up 18.5% from FY2024) and net income of $22.0 million. Diluted EPS was $0.13. The figures come from the XBRL data in the 10-K.
What are the main risks in KTOS's latest 10-K?
In the 10-K filed February 23, 2026, KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) flagged: Risk of reduced U.S. Government funding due to budget constraints affecting defense spending. Supply chain disruptions and inflation continuing to impact operations and industry costs. (AI summary of the Risk Factors section.)
What did KTOS report in its latest 8-K?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) filed an 8-K on August 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 revenue $458.8M, up 30.5% YoY with 19.1% organic growth; KGS led at 22.0% organic growth.
What are the latest KTOS SEC filings?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on August 4, 2026 and a Form 4 insider filing on September 23, 2026.
What is KTOS's SEC CIK number?
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)'s SEC Central Index Key (CIK) is 1069258. EDGAR lists every KTOS filing under that number.
Ask anything about KTOS
The research agent reads KTOS's filings, financials, insider trades and 13F holders, then answers with sources.