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

Kratos Defense & Security Solutions' (KTOS) quarterly Operating Expenses came in at $84.9 million in Q1 2026, up 26.72% year-on-year from $67.0 million in Q1 2025, and down 59.01% quarter-over-quarter from $207.1 million in Q3 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.

  • On a quarterly basis, Operating Expenses rose 26.72% year-over-year to $84.9 million in Q1 2026; TTM through Mar 2026 was $429.1 million, a 64.28% increase from a year earlier, with the FY2025 full-year figure at $282.3 million, up 9.33% from the prior year.
  • Operating Expenses eased to $84.9 million in Q1 2026 per KTOS's latest filing, from $207.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $207.1 million in Q3 2025 and bottomed at $52.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $63.0 million (2022), against an average of $76.2 million.
  • Across the five-year window, Operating Expenses declined 3.48% in 2023 and soared 230.3% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $63.3 million in 2022, then dropped by 3.48% to $61.1 million in 2023, then rose by 9.33% to $66.8 million in 2024, then soared by 210.03% to $207.1 million in 2025, then sank by 59.01% to $84.9 million in 2026.
  • Per Business Quant, the three latest KTOS Operating Expenses figures stand at $84.9 million (Q1 2026), $207.1 million (Q3 2025), and $137.1 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 370.01 Bn 360.67 Bn -3.10 Bn 10.86 Bn
2 Rtx 289.51 Bn 281.20 Bn 9.91 Bn 21.96 Bn
3 Boeing 175.23 Bn 155.21 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 131.81 Bn 128.02 Bn 2.45 Bn -
5 Howmet Aerospace 111.46 Bn 109.03 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 103.47 Bn 99.14 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 75.90 Bn 73.59 Bn 3.72 Bn 9.78 Bn
8 TransDigm 72.86 Bn 68.97 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 50.70 Bn 50.11 Bn 1.40 Bn 750.00 Mn
10 Kratos Defense & Security Solutions 8.18 Bn 6.71 Bn 89.60 Mn 84.90 Mn

Historic Data

Download Data
DateValue
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
Mar 28, 2021 46.10 Mn