Short answer
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 29, 2026. Quarterly revenue was $371M (up 22.6% year over year) with net income of $12M.
Q1 2026 key financials · XBRL
- Revenue
- $371M
- +22.6% YoY
- Net income
- $12M
- +164.4% YoY
- Operating margin
- 1.3%
- Gross margin
- 24.2%
- EPS (diluted)
- $0.07
- +133.3% YoY
Source: XBRL data from the KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) Q1 2026 10-Q on SEC EDGAR. USD.
KRATOS DEFENSE & SECURITY SOLUTIONS, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $371.0M, up $68.4M or 22.6% YoY
- Gross margin 24.2% vs 24.3%; KGS margin 26.2% vs 26.6%; US margin 17.1% vs 15.8%
- Best segment Unmanned Systems revenue $82.6M, up 30.9% YoY; Valkyrie production primary driver
- Cash $1,464.3M vs $560.6M at December 28, 2025; total long-term debt zero
- Backlog $2.011B, including $1.457B funded; headwinds include supply-chain disruption, inflation, labor shortages, and budget uncertainty
Risk Factors
- New risk factor not provided; excerpt contains no substantive Risk Factors disclosure
- Acquisition-related equity dilution from issuing 972,136 shares to Nomad shareholders on February 11, 2026
- Insider trading-plan activity: CEO adopted a plan covering up to 800,000 shares through June 5, 2029
- CEO terminated a prior plan covering up to 1,000,000 shares on March 6, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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