{"schema_version":"secwatch.filing_event.v1","accession":"0001069258-24-000034","form_type":"8-K","ticker":"KTOS","cik":"0001069258","company_name":"KRATOS DEFENSE & SECURITY SOLUTIONS, INC.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.162765+00:00","generated_at":"2026-06-02T15:55:05.383569+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kratos Q1 revenue up 19.6% to $277.2M, net income turns positive; reaffirms FY2024 guidance","bullets":["Revenue $277.2M (+19.6% YoY), net income $1.3M vs loss $7.0M; GAAP EPS $0.01 vs ($0.05).","Adjusted EPS $0.11 (vs $0.06); Adjusted EBITDA $26.0M; bookings $317.8M with book-to-bill 1.1x.","Unmanned Systems revenue $59.4M (+23.8%), KGS revenue $217.8M (+18.5% organic).","FY2024 guidance reaffirmed: revenue $1.125-1.15B, Adj EBITDA $102-107M; Q2 guide: rev $265-280M, Adj EBITDA $20-23M.","Free cash flow use of $15.9M ($16.6M capex) reflecting Valkyrie drone production before contract award."],"urls":{"canonical":"https://secwatch.observer/filing/0001069258-24-000034","json":"https://secwatch.observer/filing/0001069258-24-000034.json","markdown":"https://secwatch.observer/filing/0001069258-24-000034.md","text":"https://secwatch.observer/filing/0001069258-24-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1069258/000106925824000034/0001069258-24-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1069258/000106925824000034/ktos-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T15:55:05.383569+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bf3c655cc58183e5343bd465b7d19788b7ef4e8c","claim":"KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported first quarter 2024 results: revenue $277.2 million, net income Net Income attributable to Kratos of $1.3 million, EPS $0.01.","evidence_excerpt":"Kratos Reports First Quarter 2024 Financial Results First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069258/000106925824000034/0001069258-24-000034-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$277.2 million"},{"label":"Net income","value":"Net Income attributable to Kratos of $1.3 million"},{"label":"EPS","value":"$0.01"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}