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Kratos (KTOS) Reports Q2 Earnings: What Key Metrics Have to Say

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Kratos (KTOS - Free Report) reported $458.8 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 30.5%. EPS of $0.21 for the same period compares to $0.11 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $411.69 million, representing a surprise of +11.44%. The company delivered an EPS surprise of +61.54%, with the consensus EPS estimate being $0.13.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Kratos performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- Product sales: $289.1 million compared to the $260.61 million average estimate based on four analysts. The reported number represents a change of +33.5% year over year.
  • Revenues- Service revenues: $169.7 million versus $153.87 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +25.8% change.
  • Revenues- Kratos Government Solutions: $379.7 million versus the three-analyst average estimate of $342.22 million. The reported number represents a year-over-year change of +36.4%.
  • Revenues- Unmanned Systems: $79.1 million compared to the $75.49 million average estimate based on three analysts. The reported number represents a change of +8.1% year over year.
  • Gross Profit- Product sales: $62 million versus the four-analyst average estimate of $54.29 million.
  • Gross Profit- Service revenues: $38.1 million versus $42.44 million estimated by four analysts on average.

View all Key Company Metrics for Kratos here>>>

Shares of Kratos have returned -8.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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