The financials
Kratos Defense & Security Solutions, Inc. by the numbers
Kratos Defense & Security Solutions, Inc. (KTOS) reported revenue of $459M in Q2 2026 (quarter ended June 28, 2026), up 31% from the same quarter a year earlier. That came with a gross margin of 22% and net income of $4.4M (1.0% of revenue). For the full year FY2025, revenue was $1.35B (+19% year on year) and net income $22M. Its largest region in 2026-Q1 was US at $287M, 77% of the disclosed total, just ahead of Middle East at 7.6%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $459M | $352M | +31% |
| Gross profit | $100M | $74M | +36% |
| Operating income | −$1.6M | $3.7M | to a loss |
| Net income | $4.4M | $2.9M | +52% |
| Diluted EPS | $0.02 | $0.02 | 0.0% |
| Geographic | Revenue | Share |
|---|---|---|
| US | $287M | 77% |
| Middle East | $28M | 7.6% |
| Europe | $18M | 4.8% |
| Other Countries | $16M | 4.3% |
| Asia Pacific | $13M | 3.6% |
| Other North America | $9.0M | 2.4% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $371.0M (+6.7%)
Middle East grew +80% year on yearAsia Pacific -15% year on year
Segment Latestquarter on quarteryear on year
- US$286.7M$286.7MQoQ +0.24%year on year +20%+0.24%+20%
- Middle East$28.2M$28.2MQoQ +104%year on year +80%+104%+80%
- Europe$17.7M$17.7MQoQ +58%year on year +20%+58%+20%
- Other Countries$16.0M$16.0MQoQ +7.4%year on year +40%+7.4%+40%
- Asia Pacific$13.4M$13.4MQoQ -21%year on year -15%-21%-15%
- Other North America$9.0M$9.0MQoQ +91%year on year +53%+91%+53%
Aerospace & Defense
Ranks #33 of 48 by Smart Score