secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001069258-26-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos Q1 rev $371M (+22.6%), adj EPS $0.16; raises FY26 rev guidance to $1.70-1.76B
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- Q1 GAAP net income $11.9M ($0.07 EPS) vs $4.5M ($0.03) YoY; adjusted EPS $0.16 vs $0.12.
- Unmanned Systems rev $82.6M (+30.9% organic); Government Solutions rev $288.4M (+11.8% organic).
- Consolidated book-to-bill 1.6-to-1 with $605.2M bookings; backlog $2.01B.
- FY26 revenue guidance raised to $1.70-1.76B; adjusted EBITDA forecast $170-176M.
- Q2 guidance: rev $400-410M, adj EBITDA $30-35M; expect H2 revenue/EBITDA/cash flow significantly higher.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925826000051/0001069258-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925826000051/ktos-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001069258-26-000051

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