KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
KTOSNasdaqIndustrials · Guided Missiles & Space Vehicles & Parts · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.35B | $1.14B | $1.04B | $898.3M | $811.5M | $747.7M |
| Operating income | $25.6M | $29.0M | $31.1M | −$2.9M | $27.9M | $29.3M |
| Net income | $22.0M | $16.3M | −$8.9M | −$36.9M | −$2.0M | $79.6M |
| Total assets | $2.47B | $1.95B | $1.63B | $1.55B | $1.59B | $1.56B |
| Total liabilities | $470.9M | $597.7M | $634.0M | $604.0M | $629.2M | $622.7M |
| Equity | $2.00B | $1.35B | $976.0M | $936.3M | $945.1M | $925.3M |
| EPS (diluted) | $0.13 | $0.11 | $-0.07 | $-0.29 | $-0.02 | $0.67 |
| Shares out. | 152.8M | 130.0M | 126.7M | 124.6M | 123.5M | 106.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 1.9%
- Net margin
- 1.6%
- Return on equity
- 1.1%
- Return on assets
- 0.9%
- Return on capital (ROCE)
- 1.2%
- Liabilities / assets
- 19.1%
- Debt / equity
- 0.24×
- Book value / share
- $13.06
- Revenue growth (YoY)
- 18.5%
- Net income growth (YoY)
- 35.0%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 6.20safe
- Accruals / assets
- 2.6%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 5 good- Negative operating cash flow
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Capital Management LlcPassive (13G)Apr 30, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- State Street CorpPassive (13G)Feb 9, 2026
- Blackrock, Inc.Passive (13G)Oct 17, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Rock Stacey GOfficer — President, KTT Division | May 28, 2026 | Sell | 200 | $63.14 |
| Fendley Steven S.Officer — President, US Division | May 26, 2026 | Sell | 4,644 | $56.92 |
| Doorenbos BobbiDirector | May 26, 2026 | Sell | 2,500 | $57.29 |
| Adelman JonahOfficer — President, ME Division | May 26, 2026 | Sell | 31,348 | $57.06 |
| Mendoza MarieOfficer — SVP & General Counsel | May 15, 2026 | Sell | 1,013 | $53.49 |
| Carrai Phillip DOfficer — President, STC Division | May 15, 2026 | Sell | 6,000 | $52.06 |
| Boyd Bradley LDirector | May 15, 2026 | Sell | 3,000 | $52.08 |
| Doorenbos BobbiDirector | May 14, 2026 | Option exercise | 10,000 | $0.00 |
| Boyd Bradley LDirector | May 14, 2026 | Option exercise | 10,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 13.1M | 2.7 | +26.8% |
| Apr 30, 2026 | 10.3M | 2.6 | +9.5% |
| Apr 15, 2026 | 9.4M | 2.8 | -14.1% |
| Mar 31, 2026 | 11.0M | 2.8 | +20.4% |
| Mar 13, 2026 | 9.1M | 1.6 | +18.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 15, 2026
- Results of operationsMay 6, 2026
- Director / officer changeMar 25, 2026
- Completed an acquisition or dispositionMar 6, 2026
- Entered a material agreement · Other material eventMar 2, 2026
- Results of operationsFeb 23, 2026
- Entered a material agreement · Other material eventNov 7, 2025
- Results of operationsNov 4, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SDJun 1, 2026
- 4PRIMARY DOCUMENTMay 29, 2026
- 4PRIMARY DOCUMENTMay 28, 2026
- 4PRIMARY DOCUMENTMay 28, 2026
- 4PRIMARY DOCUMENTMay 28, 2026
- 144May 26, 2026
- 144May 26, 2026
- 144May 26, 2026
- 4PRIMARY DOCUMENTMay 19, 2026
- 4PRIMARY DOCUMENTMay 19, 2026
- 4PRIMARY DOCUMENTMay 19, 2026
- 144May 15, 2026
- 8-KMay 15, 2026
- 4PRIMARY DOCUMENTMay 14, 2026
- 4PRIMARY DOCUMENTMay 14, 2026
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.