Kratos Defense & Security Solutions, Inc.

KTOS Industrials Aerospace & Defense

Kratos Defense & Security Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 18.5% from fiscal 2024.

Revenue
+30.5%
EPS
0.00%
Free cash flow
+12.4%
Total debt
−42.2%

Quarter to June 2026, against a year earlier

35.93 5.06 −12.34%
Market cap
$7.7B
P/E
241×
Fwd P/E
209×
Dividend yield
—
F-score
4/9
Altman Z
16.42
Beneish M
−1.87
Dividend safety
n/a

Kratos Defense & Security Solutions, Inc. (KTOS) Operating margin

Alert me on Operating margin

Kratos Defense & Security Solutions, Inc.'s operating margin over the twelve months to 30 June 2026 was 1.21%, down 0.7 percentage points from fiscal 2025 (1.90%). Over the past ten years it has ranged from −3.32% (fiscal 2016) to 5.30% (fiscal 2019); the current reading is higher than 45% of that period. That is in line with the Aerospace & Defense industry median of 1.21% and below the Industrials sector median of 5.12%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 1.90% (0.65)
FY2024 2.55% (0.45)
FY2023 3.00% 3.32
FY2022 −0.32% (3.76)
FY2021 3.44% (0.48)
FY2020 3.92% (1.38)
FY2019 5.30% 0.36
FY2018 4.94% 6.93
FY2017 −1.99% 1.33
FY2016 −3.32% (2.64)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −0.35% (1.62)
Mar 2026 1.27% (1.11)
Dec 2025 2.38% 0.34
Sep 2025 2.04% 0.99
42 more quarters

Against its own ten years

Low −3.32% High 5.30%
Ten-year median 2.55%
Current reading's percentile 34

Operating margin against peers

Company Operating margin
LOAR Loar Holdings Inc. compare 21.9%
KRMN Karman Holdings Inc. compare 16.8%
BWXT BWX Technologies, Inc. compare 14.9%
HXL Hexcel Corporation compare 12.2%
MOG.A Moog Inc. compare 11.9%
DRS Leonardo DRS, Inc. compare 10.8%
SARO StandardAero, Inc. compare 9.46%
KTOS Kratos Defense & Security Solutions, Inc. 1.21%
AVAV AeroVironment, Inc. compare −12.6%
Aerospace & Defense industry median 1.21%
Industrials sector median 5.12%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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