KTOS · Kratos Defense & Security Solutions, Inc.

Track KTOS — free

$42.69 -0.36 (-0.84%) At close · Sep 30

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$8.56B

187.72M

Volume · Sep 30 5.33M Avg daily vol (3M) 3.89M

Up next

Next earnings call

Nov 2, 2026 Est · unconfirmed · in 5 wks

Latest filing: 10-Q

filed Aug 4, 2026

Q2 2026 earnings call transcript

call held Aug 4, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$1.52B

Trailing 12 months

Net income (TTM)

$30.90M

Trailing 12 months

Revenue growth YoY

+30.5%

Year over year

Operating margin

1.2%

Trailing 12 months

P / E (TTM)

253.2

Trailing earnings · reciprocal yield 0.4%

FCF yield

-1.5%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

—

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+20.8%

Year over year · more shares

Price change (1Y)

-51.1%

Trailing year

Short interest

5.4%

Latest settlement · 2.8 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 4, 2026

Q2 FY26

TL;DR. Kratos reported Q2 revenue of $458.8M with 19.1% organic growth and raised full-year 2026 organic revenue growth guidance to 18%–23%, though Q2 GAAP results showed a $1.6M operating loss, free cash flow use of $18.9M, and full-year free cash flow is now guided to a use of $85M–$105M as the company invests in capacity.

Bullish

+ Full-year 2026 organic revenue growth guidance was raised to approximately 18%–23%
+ Last twelve-month book-to-bill of 1.3 to 1 and bookings of $1.990B
+ Bid and proposal pipeline expanded to $15.0B from $14.3B
+ Hypersonic business tracking from $200M in 2025 to $400M in 2026 and at least $700M in 2027

Bearish

− Q2 free cash flow used in operations of $18.9M after $17.2M of capex
− Israeli shekel strength is a $5M–$7M full-year EBITDA headwind
− Large working capital build with receivables up ~$59M and inventory up ~$10M

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Research

our published analysis of this company

Research Thesis July 16, 2026

Rocket Lab: Backlog is converting, but the $39B market cap is paying for a Neutron debut the company has yet to validate

Rocket Lab enters Q2 2026 with record backlog of $2,219.8M and guided revenue of $225.0M–$240.0M, yet the stock trades at -55.2% from its $150.23 high on a $39.0B market cap against $679.6M of trailing revenue — a gap the equity-funded growth model and the un-flown Neutron debut have to close.

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Strong Sell Momentum Very Weak Sentiment Bearish Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Strong Sell

50 / 200-day cross No cross

Price vs 200-day avg −38%

below

Price vs 50-day avg −17%

below

RSI (14) 29

oversold

MACD trend Negative

52-week position 0%

near low

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −13%

trailing

6-month return −38%

trailing

YTD return −44%

this year

Relative strength −50%

vs S&P · 6-mo

Sentiment

smart money

Bearish

Trend (MA cross) No cross

50d $51 › 200d $69 — 200d above 50d

Institutional flow Distributing

-12% holders QoQ · +109 funds added

Insider flow Distributing

Net -$635.0K over 90 days · 100% sells

Short interest Rising

5.36% of float · ▲ +3.4% MoM · 2.8 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

635 holders — mid 3-yr range

Squeeze score 50

elevated · 0–100

Fundamentals

Excellent

Revenue growth +12%

Y/Y

Gross margin 41%

contracting

EPS growth +18%

Y/Y

Valuation P/E 268.4

rich

Balance sheet $52.7M

net cash

Quant / Vol

risk profile

Very High

Volatility 71%

annualized · 1-yr

Max drawdown −67%

past year

ATR 5.5%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Latest guidance · from the Earnings Call filed Jun 30, 2026

fourth quarter 2026

Year-over-year organic growth Non-GAAP 19% – 31%

third quarter 2026

Revenue $460M – $480M

prior FY $1.35B midpoint −65.1% Y/Y

2026

Hypersonic business revenue $400M

2027

Hypersonic business revenue at least $700M

Guided vs delivered · last 1 settled

Revenues full-year 2020

guided $740M – $780M

guided $740M – $780M $747.7M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Sell

4 · 3 · 0

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−38% Bearish

Price vs 50-day avg

−17% Bearish

RSI (14)

29 Neutral

MACD trend

Negative Bearish

52-week position

0% Bearish

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bearish · 3 of 6

Trend (MA cross) No cross

50d $51 › 200d $69 — 200d above 50d

Institutional flow Distributing

-12% holders QoQ · +109 funds added

Insider flow Distributing

Net -$635.0K over 90 days · 100% sells

Short interest Rising

5.36% of float · ▲ +3.4% MoM · 2.8 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

635 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $43 Now $43 · 0% Range high $131

vs 200-day avg -38% vs 50-day avg -17%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Aerospace & Defense — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
KTOS Kratos Defense & Security Solutions, Inc. this stock	$8.56B	-43.8%	+12.4%	268.4	5.4%
SPCX Space Exploration Technologies Corp	$1.96T	—	—	—	1.2%
GE General Electric Co	$339.38B	+1.4%	+18.5%	38.5	1.5%
RTX RTX Corp	$255.27B	+1.2%	+17.1%	33.4	1.0%
EADSF Airbus SE/ADR	$174.13B	-7.8%	—	—	0.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

635

% held: 85.3%
Net QoQ: -11.1M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

478

View

Short & Settlement

Short Interest Rising

Shares short

10.1M

Days to cover: 2.8d
Change: +330.7K sh

View

Short Volume

Short vol %

22%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

400

Value: $18.7K
As of: Sep 14, 2026

View

Off-Exchange

Off-exchange %

49.1%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$635.0K

Buyers / Sellers: 0 / 1

Buyers Sellers

View

Congressional Trades Sell

Member

Alan S. Lowenthal

Amount: $1.0K–$15.0K
Traded: May 14, 2021

View

Financials

Revenue (FY)

$1.3B

Net income (FY): $22.0M
EPS diluted: $0.13

View

Filings

SEC Filings

Latest

8-K

Filed: Aug 4, 2026
This year: 11

View

Proposed Sales

Value

$976.9K

Shares: 20.6K
Filed: Sep 21, 2026

View

Earnings & Events

Earnings Calls

Last call

Aug 4, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
KTOS	-7.5%	-13.5%	-37.5%	-16.3%	-43.8%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	-6.9%	-13.6%	-49.7%	-15.7%	-55.6%

Key facts CIK 1069258 CUSIP 50077B207 13F (30d) 12 filings 11 filers Visit website Investor relations

KTOS · Kratos Defense & Security Solutions, Inc.

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Research

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance