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NASDAQ · US · Aerospace & Defense

KTOS Kratos Defense

Unmanned combat aircraft and engines

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$40.12
+3.72% today
1W
+2.4%
1M
−12.1%
3M
−17.5%
YTD
−47.1%
1Y
−56.0%
Off 52w high
−69.3%
Next earnings (est.): 2026-11-03
Market cap$7.26B
P/E (trailing)227.5Forward 34.1
EV / sales3.9×EV/EBITDA 68.3×
Revenue (TTM)$1.52BGrowth 30.5% y/y
Margins23.0%gross · op -0.2%
Free cash flow-$118MCash $1.44B · debt $194M
Analyst target$95.00+136.8% upside · 25 analysts · strong buy
Riskβ 1.11Short 6.0% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

KTOS · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-04EarningsBeat / raise

    Reported EPS 0.21 vs 0.15 expected (+38.4% surprise).

  2. 7
    2026-05-06EarningsBeat / raise

    Reported EPS 0.16 vs 0.13 expected (+19.3% surprise).

  3. 6
    2026-02-23EarningsBeat / raise

    Reported EPS 0.18 vs 0.15 expected (+22.1% surprise).

  4. 5
    2025-11-04EarningsBeat / raise

    Reported EPS 0.14 vs 0.12 expected (+12.3% surprise).

  5. 4
    2025-08-07EarningsBeat / raise

    Reported EPS 0.11 vs 0.09 expected (+17.8% surprise).

  6. 3
    2025-05-07EarningsBeat / raise

    Reported EPS 0.12 vs 0.09 expected (+32.9% surprise).

  7. 2
    2025-02-26EarningsBeat / raise

    Reported EPS 0.13 vs 0.1 expected (+27.8% surprise).

  8. 1
    2024-11-07EarningsBeat / raise

    Reported EPS 0.11 vs 0.08 expected (+31.9% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-040.150.21+38.4%
2026-05-060.130.16+19.3%
2026-02-230.150.18+22.1%
2025-11-040.120.14+12.3%
2025-08-070.090.11+17.8%
2025-05-070.090.12+32.9%
2025-02-260.10.13+27.8%
2024-11-070.080.11+31.9%
2024-08-070.080.14+73.8%
2024-05-070.050.11+124.4%
2024-02-130.080.12+42.4%
2023-11-020.080.12+42.1%
2023-08-030.050.09+65.7%
2023-05-030.040.06+48.9%
2023-02-230.070.08+7.5%
2022-11-030.060.09+39.7%
2022-08-040.040.07+94.7%
2022-05-050.010.04+274.2%
2022-02-220.090.11+21.9%
2021-11-030.070.09+37.5%
2021-08-030.060.06−2.8%
2021-05-050.050.06+20.4%
2021-02-250.10.08−18.8%
2020-10-290.090.14+56.6%

About Kratos Defense

Website ↗

Kratos Defense & Security Solutions, Inc., a technology company, provides technology, hardware, products, system, and software for the defense, national security, and commercial markets in the United States, other North America, the Asia Pacific, the Middle East, Europe, and Internationally. The company operates through Kratos Government Solutions and Unmanned Systems segments. It offers virtualized ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet powered unmanned aerial drone systems and hypersonic vehicles and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft and launch systems, command, control, communication, computing, combat, and intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile def…

4,300 employees · San Diego, United States

Autonomous systems are now central to defence budgets. Motors, batteries and sensors with non-China supply chains are scarce.

Motors / cells→Airframe→Autonomy→Fleet

What would prove us wrong. Weakens if procurement budgets shift back toward legacy platforms.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
AVAV
AeroVironment
Small drones and loitering munitions $124.4+0.94%−18.2%−48.6%
RCAT
Red Cat Holdings
US-made small drones $4.46+0.56%−33.1%−43.8%
ESLT
Elbit Systems
Defence autonomy and electronics $773.6+5.20%+5.4%+34.4%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.