StockWatch
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Military/Government/Technical
Quarterly ResultAug 4, 2026, 04:27 PM

Kratos Q2 Revenue $458.8M, Up 30.5%; Raises FY26 Guidance

AI Summary

Kratos Defense & Security Solutions, Inc. reported strong second quarter 2026 financial results, with revenues increasing 30.5% to $458.8 million, driven by 19.1% organic growth. The company achieved a net income of $4.4 million and Adjusted EBITDA of $38.2 million. Kratos also raised its full-year 2026 revenue guidance to between $1.750 billion and $1.810 billion, reflecting an anticipated organic growth of 18% to 23%. The consolidated book-to-bill ratio for the quarter was 1.1 to 1.0, contributing to a total backlog of $2.084 billion.

Key Highlights

  • Q2 2026 Revenues reached $458.8 million, a 30.5% increase over Q2 2025.
  • Q2 2026 organic revenue growth was 19.1%.
  • Q2 2026 Net Income was $4.4 million, with Adjusted EBITDA of $38.2 million.
  • Kratos Government Solutions (KGS) Q2 2026 revenues grew 36.4% to $379.7 million.
  • Unmanned Systems (KUS) Q2 2026 revenues grew 8.1% organically to $79.1 million.
  • Consolidated book-to-bill ratio for Q2 2026 was 1.1 to 1.0, with bookings of $492.2 million.
  • Full Year 2026 Revenue Guidance increased to $1.750 billion to $1.810 billion.
  • Consolidated backlog stood at $2.084 billion as of June 28, 2026.