---
schema_version: "secwatch.filing_event.v1"
accession: "0001069258-21-000043"
form_type: "8-K"
ticker: "KTOS"
cik: "0001069258"
company_name: "KRATOS DEFENSE & SECURITY SOLUTIONS, INC."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:40:05.824290+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kratos Q3 rev $200.6M, net loss $2.4M; lowers FY21 revenue guidance to $805-815M

## Summary
- Q3 revenue $200.6M (-1% YoY); GAAP EPS loss $0.02 vs $0.02 income; adjusted EPS flat at $0.09.
- Space, Satellite & Cyber rev $72.0M, up 17.5% organic; Unmanned Systems rev $61.3M, up 14.6% organic.
- Guides FY21 revenue $805-815M (prev $810-850M); Adjusted EBITDA $80-84M (prev $81-87M).
- Unmanned Systems book-to-bill 1.1x in Q3; consolidated backlog $839.1M, down from $865.6M Q2.
- Cash $369.9M; free cash flow use guidance improved to $20-30M from $30-40M.

## SEC filing metadata
- accession: 0001069258-21-000043
- form_type: 8-K
- ticker: KTOS
- cik: 0001069258
- company_name: KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069258/000106925821000043/0001069258-21-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069258/000106925821000043/ktos-20211103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069258-21-000043
- JSON: https://secwatch.observer/filing/0001069258-21-000043.json
- Plain text: https://secwatch.observer/filing/0001069258-21-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.