Earnings ·
Reports Q3 revenues of $471.8M, up 35.7%, with bookings of $1.037B
KTOSKratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions reported third-quarter 2026 revenues of $471.8 million, a 35.7 percent increase from the prior year period, driven by strong growth in its Government Solutions segment which saw organic revenue rise 35.8 percent. The company recorded consolidated bookings of $1.037 billion and a book-to-bill ratio of 2.2 to 1.0 for the quarter. Adjusted EBITDA reached $50.9 million, while GAAP net loss was $0.2 million due to non-cash stock compensation and amortization expenses. Management also provided revised full-year 2026 guidance and an initial financial forecast for fiscal year 2027, projecting revenues between $2.1 billion and $2.2 billion. Kratos Defense & Security Solutions operates in the defense, national security, and commercial markets, providing technology, hardware, and systems.