Quarterly ResultMay 6, 2026, 04:17 PM
Kratos Q1 Revenue $371M (+22.6%); Raises FY26 Guidance
AI Summary
Kratos Defense & Security Solutions reported strong first quarter 2026 financial results, with revenues increasing 22.6% to $371.0 million, driven by significant organic growth in both Unmanned Systems and Government Solutions segments. Net income rose to $11.9 million and Adjusted EBITDA reached $38.7 million. The company also increased its fiscal year 2026 financial guidance for both revenues and Adjusted EBITDA, reflecting confidence in continued growth and the impact of recent acquisitions.
Key Highlights
- Q1 2026 Revenues: $371.0 million, up 22.6% (15.8% organic) YoY.
- Q1 2026 Net Income: $11.9 million, up from $4.5 million in Q1 2025.
- Q1 2026 Adjusted EBITDA: $38.7 million, up from $26.7 million in Q1 2025.
- Q1 2026 Consolidated Book-to-Bill Ratio: 1.6 to 1.0; Bookings $605.2 million.
- Unmanned Systems (KUS) Q1 Revenue: $82.6 million, up 30.9% organic.
- Government Solutions (KGS) Q1 Revenue: $288.4 million, up 11.8% organic.
- FY26 Revenue Guidance: Raised to $1.700 billion - $1.760 billion.
- FY26 Adjusted EBITDA Guidance: Raised to $170.0 million - $176.0 million.
Price Impact
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