KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
Company Stats
- Market Cap
- $8.0B
- as of Sep 30, 2026
- Shares Outstanding
- 187.7M
- Free Float
- 88.8%
Income Statement
- Revenue
- $1.3B
- Operating Income
- $25.6M
- Net Income
- $22.0M
- EBITDA
- $72.7M
- Revenue Growth, 3Y
- 14.5%
- FCF Margin, 3Y Avg
- -3.2%
- FCF Margin, Worst Year
- -10.2%
Cash Flow
- Free Cash Flow
- -$137.4M
- FCF Yield
- -1.7%
- Owner FCF Yield
- -2.2%
Balance Sheet
- Cash & Equivalents
- $560.6M
Returns & Capital
- SBC, 3Y Avg
- $30.2M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $1.3B | -$137.4M | -10.2% |
| FY2024 | $1.1B | -$8.5M | -0.7% |
| FY2023 | $1.0B | $12.8M | 1.2% |
| FY2022 | $898.3M | -$71.1M | -7.9% |
| FY2021 | $811.5M | -$11.2M | -1.4% |
Annual filing data through FY ended December 28, 2025; shares and float as of October 9, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Defense Demand: Record Backlogs and Drone Program Wins
Stronger demand supports expansion as pricing diverges