KTOS Kratos Defense & Security Solutions margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 35
Gross margin
23%
Operating margin
0.4%
EBITDA margin
7.9%
Net margin
1.3%

Based on the latest figures, Kratos Defense & Security Solutions reports a gross margin of 23%, an operating margin of 0.4%, an EBITDA margin of 7.9%, and a net margin of 1.3%. EBITDA margin headed the available margin improvements with a 1.2 percentage-point increase, while operating margin dropped by 1.2 percentage points.

KTOS margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Kratos Defense & Security Solutions recorded average margins of 24.34% gross, 2.27% operating, 7.13% EBITDA, and 1.18% net. Compared with the three-year averages, EBITDA and net margins are above their three-year averages and gross and operating margins are below their three-year averages.

KTOS margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in EBITDA margin, up 1.2 percentage points. Gross margin also expanded by 0.1 percentage points, while operating margin contracted by 1.2 percentage points and net margin by 0.3 percentage points.

Gross margin expansion
0.1pp
Operating margin expansion
-1.2pp
EBITDA margin expansion
1.2pp
Net margin expansion
-0.3pp

KTOS Gross margin

Kratos Defense & Security Solutions's gross margin averaged 24.34% over the last 3 years. Compared with its three-year average, Kratos Defense & Security Solutions's current gross margin is 23% and is 1.3 percentage points below its three-year average. Over the last 3 years, Kratos Defense & Security Solutions's gross margin peaked at 26.1% in Jun 2024 and reached a low of 22.9% in Sep 2025.

KTOS Operating margin

Across the last 3 years, Kratos Defense & Security Solutions's operating margin averaged 2.27%. Kratos Defense & Security Solutions's current operating margin is 0.4% and is 1.9 percentage points below its three-year average. Operating margin was highest at 3.9% in Jun 2024 and lowest at 0.4% in Sep 2026.

KTOS EBITDA margin

The average EBITDA margin for Kratos Defense & Security Solutions was 7.13% during the last 3 years. As of the latest period, the current EBITDA margin for Kratos Defense & Security Solutions is 7.9%, 0.8 percentage points above its three-year average. The EBITDA margin for Kratos Defense & Security Solutions moved between 6.3% in Dec 2023 and 8.1% in Jun 2026.

KTOS Net margin

The average net margin for Kratos Defense & Security Solutions was 1.18% in the last 3 years. Currently, the current net margin for Kratos Defense & Security Solutions is 1.3%, 0.1 percentage points above its three-year average. The net margin for Kratos Defense & Security Solutions moved between -0.9% in Dec 2023 and 2.1% in Mar 2026.

KTOS margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 23%, KTOS ranks higher than its peers average but lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.5%, Kratos Defense & Security Solutions's gross margin is 29% lower.

KTOS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Kratos Defense & Security Solutions's gross margin?

The current gross margin for KTOS is 23% as of Sep 27, 2026.

What is Kratos Defense & Security Solutions's operating margin?

The current operating margin for KTOS is 0.4% as of Sep 27, 2026.

What is Kratos Defense & Security Solutions's EBITDA margin?

The current EBITDA margin for KTOS is 7.9% as of Sep 27, 2026.

What is Kratos Defense & Security Solutions's net margin?

The current net margin for KTOS is 1.3% as of Sep 27, 2026.

What are the average margins of KTOS?

Kratos Defense & Security Solutions's gross, operating, EBITDA, and net margins averaged 24.3% gross, 2.3% operating, 7.1% EBITDA, and 1.2% net over the last 3 years.

What are the highest historical margins of KTOS?

In the last 5 years, the highest margins reported by KTOS were 27.8% gross in Jun 2022, 3.9% operating in Jun 2024, 8.1% EBITDA in Jun 2026, and 2.1% net in Mar 2026.

What are the lowest historical margins of KTOS?

Looking back across 5 years, KTOS reached its lowest margins at 22.9% gross in Sep 2025, -0.3% operating in Dec 2022, 2.4% EBITDA in Dec 2022, and -4.1% net in Dec 2022.