---
schema_version: "secwatch.filing_event.v1"
accession: "0001069258-23-000044"
form_type: "8-K"
ticker: "KTOS"
cik: "0001069258"
company_name: "KRATOS DEFENSE & SECURITY SOLUTIONS, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:06:03.021679+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kratos Q2 revenues up 14.6% to $256.9M; net loss narrows to $0.02 EPS; FY guidance affirmed

## Summary
- Q2 revenues $256.9M (+14.6% YoY); GAAP net loss $2.7M ($0.02/share) vs $4.7M loss ($0.04) in Q2 2022.
- Adjusted EPS $0.09 vs $0.07; Adjusted EBITDA $21.6M.
- KGS segment organic growth 17.1%; KUS revenues down to $52.1M but operating income turned positive at $1.2M.
- Book-to-bill 1.1x; backlog $1.16B; bid pipeline $10B.
- FY 2023 guidance affirmed: revenue $980M-$1B, Adj EBITDA $85-89M, FCF $10-20M.

## SEC filing metadata
- accession: 0001069258-23-000044
- form_type: 8-K
- ticker: KTOS
- cik: 0001069258
- company_name: KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069258/000106925823000044/0001069258-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069258/000106925823000044/ktos-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069258-23-000044
- JSON: https://secwatch.observer/filing/0001069258-23-000044.json
- Plain text: https://secwatch.observer/filing/0001069258-23-000044.txt

## Key facts
- Earnings Releases
  KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported second quarter 2023 results: revenue $256.9 million, net income Net Loss of $2.7 million, EPS GAAP Net Loss per share of $0.02. Guidance reaffirmed.
  - Period: second quarter 2023
  - Revenue: $256.9 million
  - Net income: Net Loss of $2.7 million
  - EPS: GAAP Net Loss per share of $0.02
  - Guidance: reaffirmed
  - Result: reported results
  source text: White 858-812-7302 Direct Investor Information: 877-934-4687 investor@kratosdefense.com Kratos Reports Second Quarter 2023 Financial Results Second Quarter 2023 Revenues of $256.9 Million Increased 14.6 Percent Over Second Quarter 2022 Revenues of $224.2 Million, Including 17.1 Percent Organic Growth in Kratos Government Solutions Segment Second Quarter 2023 and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069258/000106925823000044/0001069258-23-000044-index.htm

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