Kratos Defense & Security Solutions (KTOS) Operating Margin (2010 - 2026)
Kratos Defense & Security Solutions (KTOS) posted quarterly Operating Margin of 1.27% for Q1 2026, down 91.0% year-over-year from 14.08% in Q1 2025, and down 37.98% on a QoQ basis from 2.04% in Q3 2025.
Kratos Defense & Security Solutions (KTOS) Operating Margin (2010 - 2026) Analysis & Trends
Kratos Defense & Security Solutions (KTOS) has reported Operating Margin for 17 consecutive years, with 1.27% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 91.0% year-over-year to 1.27%; the TTM figure through Mar 2026 stood at 1.61% (down 85.0% YoY), while the FY2025 annual figure was 1.9%, down 65.0% from the prior year.
- Operating Margin came in at 1.27% for Q1 2026 at Kratos Defense & Security Solutions, down from 2.04% in the prior quarter.
- The five-year high for Operating Margin was 4.44% in Q4 2023, with the low at 1.57% in Q3 2022.
- Average Operating Margin over 5 years is 1.67%, with a median of 1.78% recorded in 2022.
- Across the five-year window, Operating Margin sank 681 bps in 2022 and surged 602 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 1.52% in 2022, then jumped by 180 bps to 4.27% in 2023, then slumped by 75 bps to 1.06% in 2024, then surged by 93 bps to 2.04% in 2025, then tumbled by 38 bps to 1.27% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 1.27%, 2.04%, and 1.05% for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.02% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 11.57% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 10.53% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 32.56% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 46.31% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 10.01% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -27.94% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 11.35% |
| 10 | Kratos Defense & Security Solutions | 9.38 Bn | 7.91 Bn | 89.60 Mn | 1.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 1.27% |
| Sep 28, 2025 | 2.04% |
| Jun 29, 2025 | 1.05% |
| Mar 30, 2025 | 2.18% |
| Dec 29, 2024 | 1.06% |
| Sep 29, 2024 | 2.36% |
| Jun 30, 2024 | 4.17% |
| Mar 31, 2024 | 2.53% |
| Dec 31, 2023 | 4.27% |
| Oct 1, 2023 | 4.44% |
| Jun 25, 2023 | 2.61% |
| Mar 26, 2023 | 0.22% |
| Dec 25, 2022 | 1.52% |
| Sep 25, 2022 | -1.57% |
| Jun 26, 2022 | -0.85% |
| Mar 27, 2022 | -0.61% |
| Dec 26, 2021 | 4.35% |
| Sep 26, 2021 | 5.23% |
| Jun 27, 2021 | 1.61% |
| Mar 28, 2021 | 2.52% |