Highest-materiality recent filing
Kratos Q1 rev $371M (+22.6%), adj EPS $0.16; raises FY26 rev guidance to $1.70-1.76B
Q1 GAAP net income $11.9M ($0.07 EPS) vs $4.5M ($0.03) YoY; adjusted EPS $0.16 vs $0.12.
Kratos completes $352.7M cash acquisition of Orbit Technologies at $13.725/share
Kratos paid $352.7M in cash for 100% of Orbit at $13.725 per share.
Kratos closes $1.2B net equity offering of 14.3M shares at $84; over-allotment exercised
Priced 14,285,714 shares at $84.00; underwriters exercised option for 2,142,857 additional shares.
Kratos Q4 revenue $345.1M (+21.9% YoY); FY25 revenue $1.347B; guides FY26 rev $1.595-1.675B
Q4 GAAP net income $5.9M ($0.03 EPS); adjusted EPS $0.18 vs $0.13 YoY.
Kratos to buy Orbit Technologies for $356.3M ($13.725/share) in cash; closes by March 2026
Kratos to acquire Orbit Technologies for $356.3M in cash; funded from balance sheet.
Kratos Q3 revenue up 26% to $347.6M; raises FY2025 guidance, boosts 2026 outlook
Q3 GAAP net income $8.7M ($0.05 EPS) vs $3.2M ($0.02); adjusted EPS $0.14 vs $0.11.
Kratos Q2 revenues up 17% to $351.5M; raises FY25 revenue and Adjusted EBITDA guidance
Q2 GAAP net income $2.9M ($0.02 EPS) vs $7.9M ($0.05) YoY; adjusted EPS $0.11 vs $0.14.
Kratos closes $500M common stock offering; proceeds for capex and acquisitions
Priced 12,987,013 shares at $38.50; underwriters exercised in full for additional 1,948,052 shares.
Kratos Q1 revenue $302.6M (+9.2% YoY, 7.4% organic), adj EPS $0.12; FY25 guidance reaffirmed
GAAP net income $4.5M ($0.03/share) vs $1.3M ($0.01) YoY; adjusted EPS $0.12 vs $0.11.
Kratos Q4 2024 revenue $283.1M, FY 2024 revenue $1.136B (+9.6%); guides FY 2025 +10% organic growth
Q4 GAAP EPS $0.03, adj EPS $0.13; full year GAAP EPS $0.11, adj EPS $0.49 vs FY 2023 loss.
Kratos Q3 net income $3.2M, revenue $275.9M; affirms FY2024 guidance
Q3 revenue $275.9M (+0.5% YoY); GAAP net income $3.2M ($0.02 EPS) vs net loss $1.6M a year ago.
Kratos Q2 revenue $300.1M (+16.8%), GAAP net income $7.9M, affirms FY24 guidance
Q2 rev $300.1M (+16.8% YoY, 16.7% organic); GAAP EPS $0.05 vs ($0.02); Adj EPS $0.14 vs $0.09.
Kratos Q1 revenue up 19.6% to $277.2M, net income turns positive; reaffirms FY2024 guidance
Revenue $277.2M (+19.6% YoY), net income $1.3M vs loss $7.0M; GAAP EPS $0.01 vs ($0.05).
On October 2, 2024, Daniel Hagen informed the board of directors (the “Board”) of Kratos Defense & Security Solutions, Inc. (the “Company”) of his decision to resign from the Board and, in connection with his resignation from the Board, all related Board committees, effective immediately.
On March 28, 2024, the Board increased the authorized number of directors of the Board from eight to nine and, upon the recommendation of the Nominating and Corporate Governance Committee, elected Brigadier General (Retired) Bobbi “Flash” Doorenbos to the Board, effective immediately.
Max materiality 0.85 · Median 0.75 · Most common event earnings