Kratos Defense & Security Solutions (KTOS) FCF Margin (2010 - 2026)

Kratos Defense & Security Solutions' (KTOS) quarterly FCF Margin came in at 12.75% in Q1 2026, down 112.0% year-on-year from 106.24% in Q1 2025, and down 111.79% quarter-over-quarter from 6.02% in Q3 2025.

Kratos Defense & Security Solutions (KTOS) FCF Margin (2010 - 2026) Analysis & Trends

Kratos Defense & Security Solutions' FCF Margin history runs 17 years deep, the most recent figure standing at 12.75% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 112.0% year-over-year to 12.75% in Q1 2026; TTM through Mar 2026 was 6.59%, a 844.0% decrease from a year earlier, with the FY2025 full-year figure at 3.73%, down 733.0% from the prior year.
  • FCF Margin eased to 12.75% in Q1 2026 per KTOS's latest filing, from 6.02% in the prior quarter.
  • Across five years, FCF Margin topped out at 17.57% in Q4 2023 and bottomed at 14.59% in Q2 2022.
  • The 5-year median for FCF Margin is 5.88% (2024), against an average of 3.25%.
  • Across the five-year window, FCF Margin soared 1917 bps in 2023 and slumped 1722 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 1.6% in 2022, then jumped by 1195 bps to 17.57% in 2023, then slipped by 17 bps to 14.59% in 2024, then tumbled by 141 bps to 6.02% in 2025, then sank by 112 bps to 12.75% in 2026.
  • Per Business Quant, the three latest KTOS FCF Margin figures stand at 12.75% (Q1 2026), 6.02% (Q3 2025), and 7.0% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 General Electric 370.01 Bn 360.67 Bn -3.10 Bn 393.71%
2 Rtx 289.51 Bn 281.20 Bn 9.91 Bn 11.65%
3 Boeing 175.23 Bn 155.21 Bn 2.41 Bn 2.57%
4 Lockheed Martin 131.81 Bn 128.02 Bn 2.45 Bn 14.54%
5 Howmet Aerospace 111.46 Bn 109.03 Bn 854.00 Mn 19.37%
6 General Dynamics 103.47 Bn 99.14 Bn 6.76 Bn 11.68%
7 Northrop Grumman 75.90 Bn 73.59 Bn 3.72 Bn 8.99%
8 TransDigm 72.86 Bn 68.97 Bn 1.51 Bn 2.52%
9 L3Harris Technologies 50.70 Bn 50.11 Bn 1.40 Bn -3.38%
10 Kratos Defense & Security Solutions 8.18 Bn 6.71 Bn 89.60 Mn -12.75%

Historic Data

Download Data
DateValue
Mar 29, 2026 -12.75%
Sep 28, 2025 -6.02%
Jun 29, 2025 -7.00%
Mar 30, 2025 -11.63%
Dec 29, 2024 14.59%
Sep 29, 2024 11.20%
Jun 30, 2024 -5.13%
Mar 31, 2024 -5.74%
Dec 31, 2023 17.57%
Oct 1, 2023 -5.17%
Jun 25, 2023 2.61%
Mar 26, 2023 -11.99%
Dec 25, 2022 -1.60%
Sep 25, 2022 -6.87%
Jun 26, 2022 -14.59%
Mar 27, 2022 -9.53%
Dec 26, 2021 14.70%
Sep 26, 2021 -0.15%
Jun 27, 2021 -5.66%
Mar 28, 2021 6.75%