---
schema_version: "secwatch.filing_event.v1"
accession: "0001069258-22-000059"
form_type: "8-K"
ticker: "KTOS"
cik: "0001069258"
company_name: "KRATOS DEFENSE & SECURITY SOLUTIONS, INC."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T07:50:58.124829+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kratos Q3 revenues up 14% but net loss widens to $8M; lowers FY22 guidance

## Summary
- Revenue $228.6M (+14% YoY); net loss $8.0M vs $2.4M loss a year ago; GAAP EPS -$0.06.
- Adjusted EPS $0.08, down from $0.09; includes $6.4M charge for non-recoverable labor and inflation costs.
- Full-year 2022 revenue guidance cut to $880-900M from $890-930M; Adj. EBITDA lowered to $70-75M from $80-85M.
- Free cash flow use forecast at $70-80M for FY22; Q3 free cash flow used $15.7M.
- Backlog $1.07B; bid pipeline $9.9B; LTM book-to-bill 1.2x.

## SEC filing metadata
- accession: 0001069258-22-000059
- form_type: 8-K
- ticker: KTOS
- cik: 0001069258
- company_name: KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- filed_at: 2022-11-03T23:59:59+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/1069258/000106925822000059/0001069258-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069258/000106925822000059/ktos-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069258-22-000059
- JSON: https://secwatch.observer/filing/0001069258-22-000059.json
- Plain text: https://secwatch.observer/filing/0001069258-22-000059.txt

## Key facts
- Earnings Releases
  KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported third quarter 2022 results: revenue $228.6 million, net income Net Loss of $8.0 million, EPS loss per share of $0.06.
  - Period: third quarter 2022
  - Revenue: $228.6 million
  - Net income: Net Loss of $8.0 million
  - EPS: loss per share of $0.06
  - Result: reported results
  source text: Kratos reported Revenues of $228.6 million, Operating Loss of $3.6 million, Net Loss of $8.0 million, Adjusted EBITDA of $20.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069258/000106925822000059/0001069258-22-000059-index.htm

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