Kratos Defense & Security Solutions (KTOS)
Industrials · aerospace and defense technology · NASDAQ
Kratos provides affordable, cutting-edge technology for national security, focusing on unmanned systems, advanced weaponry, and satellite communications.
What Kratos Defense & Security Solutions does
Kratos Defense & Security Solutions develops and fields transformative, affordable technology for the U.S. national security mission. The company specializes in advanced weapon systems, unmanned aerial systems, satellite communications, and microwave electronics. It provides these capabilities to support modern defense and aerospace customers.
Themes: defense technology, unmanned aerial vehicles (UAVs), satellite communications, aerospace engineering
Fundamentals
- Price$38.96 as of 2026-10-20 close
- Market cap$7.3B as of 2026-07-31 (share count; price 2026-10-20)
- 1-year return-55.0% 2025-10-20 close $86.65 → 2026-10-20 close $38.96
- P/E229.18 as of 2026-10-20; earnings are mostly non-operating: 55% of trailing pre-tax income, to 2026-06-28
- Net margin+1.6% FY2025, SEC XBRL
- Gross margin+22.9% FY2025, SEC XBRL
- ROE+1.1% FY2025, SEC XBRL
- ROICn/a No figure: its interest expense implies more borrowing than the debt lines we read add up to.
- Debt / equityn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
- Revenue growth (YoY)+18.5% FY2025, SEC XBRL
- Revenue CAGR (3y)+14.5% SEC XBRL
- Beta1.39 as of 2026-09-02
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How KTOS compares in its sector
- price-to-earnings ratiotop 10% 321 covered Industrials peers, as of 2026-10-20
- net profit marginmiddle range 419 covered Industrials peers, as of 2026-09-02
- operating marginbottom 25% 394 covered Industrials peers, as of 2026-09-02
- gross marginmiddle range 255 covered Industrials peers, as of 2026-09-02
- return on equitymiddle range 434 covered Industrials peers, as of 2026-09-02
- 3-year revenue CAGRtop 25% 430 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 419 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
KTOS is not currently in any published Top 10 list. Its scores are below.
Top 10 score
32.9 #1198 of 1,265 scored · #222 of 230 in Industrials
Growth 76th (revenue growth year over year 18.5%, 3-year revenue CAGR 14.5%) and valuation 70th (price to book 2.1); weakest is trend (4th, it is 70.9% below its highest point of the past year).
Scores as of 20 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Quarterly results
| Quarter | Revenue | Gross profit | Operating income | Net income | Diluted EPS | Operating cash flow | Capex |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 2026-06-28 | $459M | $100M | -$2M | $4M | $0.02 | -$11M† | $17M† |
| Q1 FY2026 2026-03-29 | $371M | $90M | $5M | $12M | $0.07 | -$27M | $20M |
| Q4 FY2025 2025-12-28 | $345M† | $83M† | $8M† | $6M† | $0.03† | $12M† | $24M† |
| Q3 FY2025 2025-09-28 | $348M | $77M | $7M | $9M | $0.05 | -$13M† | $28M† |
| Q2 FY2025 2025-06-29 | $352M | $74M | $4M | $3M | $0.02 | -$12M† | $21M† |
| Q1 FY2025 2025-03-30 | $303M | $74M | $7M | $5M | $0.03 | -$29M | $23M |
| Q4 FY2024 2024-12-29 | $283M† | $70M† | $3M† | $4M† | $0.03† | $46M† | $14M† |
| Q3 FY2024 2024-09-29 | $276M | $69M | $7M | $3M | $0.02 | $6M† | $15M† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-06-28
- Cash and equivalents$1.4B
- Total debtnot shown the filing tags none of the debt lines we read — not evidence of zero debt
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How Kratos Defense & Security Solutions looks technically
Kratos Defense & Security Solutions (KTOS) is trading 42.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 119 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 36, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 30, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 6 trading days ago (its momentum flipped negative). It just made a new 20-day low, breaking below its recent trading range. It is 3.0% above its 52-week low (its lowest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 42.0% below its 200-day average, the long-term trend line — a long-term downtrend | -42.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $48.63 | $48.63 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $67.13 | $67.13 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 28 calendar days ago — the swings before that are what the structure reading is measured on | 28 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 49.68. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 119 trading days ago — a "death cross", a bearish long-term signal | 119 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 36, with sellers in control | 36.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 30, neither overbought (above 70) nor oversold (below 30) | 30.4 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($37.84 to $44.14) — its "stochastic" reading is 18 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 17.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 6 trading days ago (its momentum flipped negative) | 6 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $134.00 | $134.00 |
|---|---|---|
| From the 52-week high | it is 70.9% below its 52-week high (its highest price of the past year) | -70.9% |
| Above the 52-week low | it is 3.0% above its 52-week low (its lowest price of the past year) | +3.0% |
| Below the 52-week high | it is 70.9% below its highest point of the past year | 70.9% |
| Since a 20-day breakout | it just made a new 20-day low, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $134.00 (set on 2026-01-20) | $134.00 |
| Given back of the 52-week move | over the past year its closes ranged ($38.96 to $130.72), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $95.67 to $98.60. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.0% |
| From the all-time high | it is 70.9% below its all-time high | -70.9% |
| Nearest price level | it is trading 16.3% above a support level at $32.62 — a price it turned at twice since 2025-01-29, most recently on 2025-05-12. Since 2024-10-21 it has 3 such levels below the current price and 10 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -16.3% |
| All-time low | its lowest closing price on record is $2.80 (set on 2016-01-20) | $2.80 |
| Above the all-time low | it is 1291.4% above its all-time low | +1,291% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 79% of it) | 21st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.05 between its high and its low — about 5.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.05 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $37.99 and $46.72 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $37.99 – $42.35 – $46.72 |
| Typical daily range (% of price) | its price moves about 5.3% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.3% |
| Stretch from the 200-day average | it is trading 13.7 daily ranges below its 200-day average price (42.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 13.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.71× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 1.7% since the prior reading | -1.7% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has improved toward "buy" since the prior reading | 0.01 toward buy |
Candlestick patterns
2
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|---|---|
| Since a bullish engulfing | 3 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 3 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-20 0.9% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.9% |
|---|---|---|
| Open gap | it gapped 2.0% below the previous close 9 sessions ago and has not traded back through the level it left behind at 43.71 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.0% |
| Gap filled | a 2.6% gap down opened on 2026-10-15 has been "filled" 3 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 3 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 3 sessions in a row, a -4.37% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 3 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 18.9 percentage points (the stock lost 17.9% while the market gained 1.0%) | -18.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 18.8 percentage points (the stock lost 15.2% while the market gained 3.6%) | -18.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 52.7 percentage points (the stock lost 44.2% while the market gained 8.5%) | -52.7% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 69.6 percentage points (the stock lost 55.0% while the market gained 14.6%) | -69.6% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 7 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 7 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 26% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 6.8% of the share price. | -25.7% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 42% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $66.89 — a volume-weighted average of daily closes over 198 sessions, not a true tick-by-tick VWAP. | -41.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 20% below the average price paid since it last reported on 2026-08-04 (its 10-Q), so the typical buyer over that stretch is under water. That average is $48.91 — a volume-weighted average of daily closes over 55 sessions, not a true tick-by-tick VWAP. | -20.3% |
Price levels it has turned at before
KTOS last closed at $38.96 on 2026-10-20. Since 2024-10-21 it has turned at 3 prices below its last close and 10 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $32.62 | Support | 16.3% below the last close | turned there twice · 2025-01-29 to 2025-05-12 |
| $45.69 | Resistance | 17.3% above the last close | turned there three times · 2026-06-25 to 2026-09-11 |
| $28.66 | Support | 26.4% below the last close | turned there twice · 2024-11-13 to 2024-12-16 |
| $51.58 | Resistance | 32.4% above the last close | turned there twice · 2026-05-15 to 2026-07-23 |
| $25.91 | Support | 33.5% below the last close | turned there twice · 2024-12-03 to 2025-04-07 |
| $54.36 | Resistance | 39.5% above the last close | turned there twice · 2025-08-01 to 2026-07-15 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $49.68.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 16 trading days, since 2026-09-29.
Read from daily closes as of 2026-10-20.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Trading below the 50-day moving average · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low · Analyst price target recently CUT | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.33 mean, 1=Strong Buy…5=Strong Sell) — 24 analysts
- Mean price target$98.33 range $55.00 – $150.00; median $95.00
Analyst estimates, as of 2026-10-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for KTOS
- Consensus EPS estimate$0.2007 next reporting period, as of 2026-10-17
- Estimate change, 30 days-$0.00126 (-0.6%) from $0.2019, on 2026-09-12, 35-day window
- Readings revised upward22% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Reliance on U.S. government defense spending and contract awards","Challenges in technical development and integration of unmanned systems","Fluctuations in operating results due to project-based revenue timing"]
What changed in the latest 10-Q
AI-assisted comparison of KTOS's 10-Q filed 2026-08-04 against the prior one filed 2026-05-06.
Management's Discussion & Analysis (MD&A)
- Notes:
- Both source texts appear to be truncated at the same point, ending mid-sentence with 'in “'. The available portions of the newer and older MD&A sections are effectively identical.
Risk Factors
- Added:
- Newer filing (2026-08-04) adds mention that the Company is procuring supply chain components for 3,000 jet engines it expects to produce in the next 15 months, as context for its internally funded investments.
- Newer filing (2026-08-04) adds 'and new defense technology companies' to the list of sources of expected and potential future program and contract awards for which the Company is making investments.
- Removed:
- Older filing (2026-05-06) contains a paragraph describing the U.S. Government shutdown beginning October 1, 2025 and ending November 12, 2025, and the continuing resolution extending funding until January 30, 2026; this paragraph is absent from the newer filing (2026-08-04).
- Reworded:
- Older filing (2026-05-06) describes the Company as making investments 'to address its backlog, current opportunity pipeline, and expected and potential future program and contract awards', while newer filing (2026-08-04) adds 'including the procurement of supply chain components for 3,000 jet engines we expect to produce in the next 15 months' to this description.
- Older filing (2026-05-06) writes 'leading edge approaches' in the Overview, while newer filing (2026-08-04) writes 'leading-edge approaches' (hyphenation change).
- Notes:
- The newer filing text in the source appears to be truncated at the end of the Industry Update section ('The fiscal 2027 Defense Request and related Recon'), so changes after that point cannot be assessed.
- The older filing text appears to be truncated in the same manner ('The fiscal 2027 Defense Request and related Recon'), so changes after that point cannot be assessed.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 29 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 5 days since 2026-10-16 have not been checked yet.
- Last 30 days · read to 2026-10-160 buys · 3 sells ($259117) — 1 selling insider
- Last 90 days · read to 2026-10-160 buys · 29 sells ($24M) — 7 selling insiders
- Last 180 days · read to 2026-10-160 buys · 82 sells ($33M) — 11 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-15. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about KTOS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
6 institutional 13F filers reported holding KTOS as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 6
- Reported shares held 43,252,685
- Reported value $2,156,544,675
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about KTOS's institutional holders → See what each manager we track holds →
Short interest (FINRA)
KTOS had 9,797,446 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
KTOS had 5.22% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.24 days to cover at the same settlement.
- Reported short interest (shares) 9,797,446
- Short interest (% of shares outstanding) 5.22%
- Prior settlement (shares) 10,060,571
- Reported change -2.62%
- Days to cover (reported) 2.24
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- AeroVironment (AVAV)
- Lockheed Martin (LMT)
- Northrop Grumman (NOC)
- General Atomics
- Raytheon Technologies (RTX)
- Boeing (BA)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Kratos Defense & Security Solutions (KTOS) do?
Kratos Defense & Security Solutions develops and fields transformative, affordable technology for the U.S. national security mission. The company specializes in advanced weapon systems, unmanned aerial systems, satellite communications, and microwave electronics. It provides these capabilities to support modern defense and aerospace customers.
What sector is Kratos Defense & Security Solutions (KTOS) in?
Kratos Defense & Security Solutions (KTOS) is classified in the Industrials sector. Its industry is aerospace and defense technology. It trades on NASDAQ.
Who are Kratos Defense & Security Solutions's (KTOS) competitors?
Notable peers of Kratos Defense & Security Solutions (KTOS) include AeroVironment, Lockheed Martin, Northrop Grumman, General Atomics and Raytheon Technologies. This peer set is informational only — not financial advice.
Is Kratos Defense & Security Solutions (KTOS) overbought or oversold right now?
Kratos Defense & Security Solutions (KTOS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 30, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on KTOS come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-20.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.