Kratos Defense & Security Solutions (KTOS) Operating Expenses (2010 - 2026)
Kratos Defense & Security Solutions (KTOS) posted Operating Expenses of $186.6 million for Q2 2026, up 119.79% on a QoQ basis from $84.9 million in Q1 2026, and up 36.11% year-over-year from $137.1 million in Q2 2025.
Analysis
Kratos Defense & Security Solutions (KTOS) Operating Expenses (2010 - 2026) Analysis & Trends
Kratos Defense & Security Solutions has reported Operating Expenses for 17 years, with the latest figure at $186.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 36.11% year-over-year to $186.6 million in Q2 2026; TTM through Jun 2026 was $615.7 million, a 84.56% increase from a year earlier, with the FY2025 full-year figure at $282.3 million, up 9.33% from the prior year.
- Operating Expenses was $186.6 million for Q2 2026 at Kratos Defense & Security Solutions, up from $84.9 million in the prior quarter.
- The five-year high for Operating Expenses was $207.1 million in Q3 2025, with the low at $52.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $82.7 million, with a median of $63.3 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses dropped 3.48% in 2023, then surged 230.3% in 2025.
- Over 5 years, Operating Expenses stood at $63.3 million in 2022, then declined by 3.48% to $61.1 million in 2023, then gained by 9.33% to $66.8 million in 2024, then jumped by 210.03% to $207.1 million in 2025, then dropped by 9.9% to $186.6 million in 2026.
- The last three Operating Expenses figures came in at $186.6 million (Q2 2026), $84.9 million (Q1 2026), and $207.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | - |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 12.63 Bn |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 9.78 Bn |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 848.00 Mn |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 360.21 Mn |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 1.33 Bn |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 139.39 Mn |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Kratos Defense & Security Solutions | 8.84 Bn | 7.40 Bn | 189.70 Mn | 186.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 186.60 Mn |
| Mar 29, 2026 | 84.90 Mn |
| Sep 28, 2025 | 207.10 Mn |
| Jun 29, 2025 | 137.10 Mn |
| Mar 30, 2025 | 67.00 Mn |
| Dec 29, 2024 | 66.80 Mn |
| Sep 29, 2024 | 62.70 Mn |
| Jun 30, 2024 | 64.70 Mn |
| Mar 31, 2024 | 64.00 Mn |
| Dec 31, 2023 | 61.10 Mn |
| Oct 1, 2023 | 61.20 Mn |
| Jun 25, 2023 | 57.20 Mn |
| Mar 26, 2023 | 58.00 Mn |
| Dec 25, 2022 | 63.30 Mn |
| Sep 25, 2022 | 58.30 Mn |
| Jun 26, 2022 | 53.80 Mn |
| Mar 27, 2022 | 52.80 Mn |
| Dec 26, 2021 | 52.50 Mn |
| Sep 26, 2021 | 50.10 Mn |
| Jun 27, 2021 | 48.50 Mn |