---
schema_version: "secwatch.filing_event.v1"
accession: "0001069258-23-000025"
form_type: "8-K"
ticker: "KTOS"
cik: "0001069258"
company_name: "KRATOS DEFENSE & SECURITY SOLUTIONS, INC."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:06:33.112478+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kratos Q1 revenues up 18.1% to $231.8M, net loss narrows to $0.05/sh

## Summary
- Revenue $231.8M (+18.1% YoY, 12% organic); GAAP net loss $7.0M ($0.05/sh) vs $15.9M loss YoY.
- Adjusted EPS $0.06, Adjusted EBITDA $17.0M; full-year FY2023 guidance affirmed.
- Unmanned Systems revenue $48.0M (-8.7% YoY), operating loss $0.6M; book-to-bill 1.9x.
- Government Solutions revenue $183.8M (+28% YoY, +19.6% organic); operating income $7.7M.
- Consolidated book-to-bill 1.1x; backlog $1.13B; bid pipeline $10B.

## SEC filing metadata
- accession: 0001069258-23-000025
- form_type: 8-K
- ticker: KTOS
- cik: 0001069258
- company_name: KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069258/000106925823000025/0001069258-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069258/000106925823000025/ktos-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069258-23-000025
- JSON: https://secwatch.observer/filing/0001069258-23-000025.json
- Plain text: https://secwatch.observer/filing/0001069258-23-000025.txt

## Key facts
- Earnings Releases
  KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported first quarter 2023 results: revenue $231.8 million, net income Net Loss of $7.0 million, EPS GAAP Net Loss per share of $0.05. Guidance reaffirmed.
  - Period: first quarter 2023
  - Revenue: $231.8 million
  - Net income: Net Loss of $7.0 million
  - EPS: GAAP Net Loss per share of $0.05
  - Guidance: reaffirmed
  - Result: reported results
  source text: Kratos Reports First Quarter 2023 Financial Results First Quarter 2023 Revenues of $231.8 Million Increased 18.1 Percent over First Quarter 2022 Revenues of $196.2 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069258/000106925823000025/0001069258-23-000025-index.htm

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