Kratos Defense & Security Solutions Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
38.2%projected annual EPS growth
Analyst Coverage
21analysts covering
FY Revenue (est.)
$1.8Bnext fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 29 Oct 2026 |
| Q4 2026 Earnings Release | 25 Feb 2027 |
Monitoring Framework
Key Performance Indicators
Consolidated Book-to-Bill Ratio Quarterly160.0%Target: Maintain above 100 to ensure backlog expansion%
Consolidated Backlog Quarterly2BTarget: Backlog growth aligned with multi-year defense procurement cycles
Hypersonic Franchise Revenue Annually400MTarget: 700000000 by 2027
Valkyrie Drone Production Rate Annually800.0%Target: 40 units per year by the end of 2028
Watch Items
- U.S. Air Force Collaborative Combat Aircraft (CCA) Program DecisionsTrigger: Contract awards or down-select announcements by the DoDAction: Assess Kratos' role as a prime or key subcontractor (e.g., Valkyrie integration) and adjust long-term revenue forecasts accordingly.
- Free Cash Flow and Working Capital UsageTrigger: Persistent negative quarterly free cash flow due to inventory build-up or R&D spendingAction: Evaluate the pace of backlog-to-cash conversion and monitor potential dilution risks from future capital raises.
- Spartan and Small Jet Engine Production ScalingTrigger: Transition of engine manufacturing to several thousand units in 2027Action: Monitor facility expansion milestones and supply chain bottlenecks for raw materials and specialized components.
Research as of 2 Sep 2026