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| Date | Value |
|---|---|
| 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 |