Kratos Defense & Security Solutions (KTOS) Operating Expenses (2010 - 2026)

Kratos Defense & Security Solutions (KTOS) recorded quarterly Operating Expenses of $84.9 million in Q1 2026, up 21.29% quarter-over-quarter from $70.0 million in Q3 2025, and up 26.72% on a YoY basis from $67.0 million in Q1 2025.

Kratos Defense & Security Solutions (KTOS) Operating Expenses (2010 - 2026) Analysis & Trends

Kratos Defense & Security Solutions' Operating Expenses history runs 17 years deep, the most recent figure standing at $84.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 26.72% year-over-year to $84.9 million; the TTM figure through Mar 2026 stood at $225.0 million (down 13.86% YoY), while the FY2025 annual figure was $282.3 million, up 9.33% from the prior year.
  • Operating Expenses was $84.9 million for Q1 2026 at Kratos Defense & Security Solutions, up from $70.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $84.9 million in Q1 2026 to a low of $52.8 million in Q1 2022.
  • Historically, Operating Expenses has averaged $63.1 million across 5 years, with a median of $62.0 million in 2023.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses increased 2.45% in 2024, then rose 26.72% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $57.2 million in 2022, then increased by 6.82% to $61.1 million in 2023, then rose by 9.33% to $66.8 million in 2024, then climbed by 4.79% to $70.0 million in 2025, then advanced by 21.29% to $84.9 million in 2026.
  • The last three Operating Expenses figures came in at $84.9 million (Q1 2026), $70.0 million (Q3 2025), and $70.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 Kratos Defense & Security Solutions 10.04 Bn 8.58 Bn 89.60 Mn 84.90 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 84.90 Mn
Sep 28, 2025 70.00 Mn
Jun 29, 2025 70.10 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 57.20 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
Mar 28, 2021 46.10 Mn