secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001069258-25-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q1 revenue $302.6M (+9.2% YoY, 7.4% organic), adj EPS $0.12; FY25 guidance reaffirmed
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- GAAP net income $4.5M ($0.03/share) vs $1.3M ($0.01) YoY; adjusted EPS $0.12 vs $0.11.
- KGS segment revenue $239.5M (+7.8% organic); KUS revenue $63.1M (+6.2% organic) with operating loss $1.7M.
- Consolidated book-to-bill 1.2x, bookings $365.6M; backlog $1.508B ($1.174B funded).
- Cash used in operations $29.2M; free cash flow use $51.8M after capex $22.6M.
- Q2 guidance: revenue $300-310M, adj EBITDA $21-25M; FY25 adj EBITDA $112-118M, FCF use $75-85M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925825000026/0001069258-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925825000026/ktos-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001069258-25-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer