earnings
confidence high
sentiment positive
materiality 0.80
Kratos Q2 revenue $458.8M (+30.5% YoY); raises FY2026 revenue guidance to $1.75-1.81B
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- Q2 revenue $458.8M (+30.5% YoY, +19.1% organic); GAAP EPS $0.02, adjusted EPS $0.21 vs $0.11 YoY.
- KGS segment revenue $379.7M (+36.4% YoY, +22% organic); KUS revenue $79.1M (+8.1% organic).
- Book-to-bill 1.1x in Q2, 1.3x LTM; backlog $2.084B; bid pipeline $15B.
- FY2026 revenue guidance raised to $1.75-1.81B (18-23% organic growth); Adj. EBITDA guidance $173-176M.
- Q3 revenue guidance $460-480M; expects margin expansion in H2 2026 and into 2027.