Kratos Defense & Security Solutions Tops Q3 2026 Estimates as Revenue Rises 36% to $471.8M

Kratos Defense & Security Solutions (KTOS) topped estimates for the third quarter of 2026. Revenue was $471.8 million, up 36% from a year earlier, in line with the $471.4 million estimate, and adjusted EPS was $0.24, up 71% from a year earlier, above the $0.21 estimate.

Shares rose 0.5% in after-hours trading as of 4:01 p.m. ET, to $33.55 from a $33.39 close.

Q3 2026 scorecard

By our calculation, adjusted EPS was $0.03 above it. The QoQ column compares with the previous quarter's revenue of $458.8 million and adjusted EPS of $0.21. The YoY column compares with $347.6 million and $0.14 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 6 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $347.6 million, $345.1 million, $371.0 million, $458.8 million and $471.8 million.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.25 and revenue of $493.5 million next quarter, based on 13 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 36% increase to $471.8 million.
• Estimate record. Whether Kratos Defense & Security Solutions extends a record of beating EPS estimates in 8 of its last 8 reports.
• Related coverage. See our reports on Safety Insurance, IQM Quantum Computers Oyj, White Mountains Insurance and Northwestern Energy.

Sources: Results are from Kratos Defense & Security Solutions's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Kratos Defense & Security Solutions's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.