# KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS) FY2026 Q2 Statement of Cash Flows

- Company: KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
- Period: 2026-03-30 to 2026-06-28
- Filing: Q2 FY2026 10-Q, filed 2026-08-04, accession number 0001069258-26-000077
- Page: https://plicit.ai/financials/ktos/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/ktos-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Mar 30, 2026 through Jun 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 29, 2026. Ending cash: Jun 28, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 29, 2026**: 1,464,300,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: negative 11,000,000 US dollars. Net cash used.
- **Net income**: 4,400,000 US dollars
- **Depreciation and amortization**: 22,100,000 US dollars
- **Amortization of lease right-of-use assets**: 3,500,000 US dollars
- **Stock-based compensation**: 16,300,000 US dollars
- **Amortization of deferred financing costs**: 100,000 US dollars
- **Accounts receivable**: 18,700,000 US dollars
- **Unbilled receivables**: negative 77,600,000 US dollars
- **Inventoried costs**: negative 10,100,000 US dollars
- **Prepaid expenses and other assets**: negative 10,100,000 US dollars
- **Operating lease liabilities**: negative 3,800,000 US dollars
- **Accounts payable**: negative 7,800,000 US dollars
- **Accrued expenses**: 36,700,000 US dollars
- **Accrued compensation**: 3,200,000 US dollars
- **Billings in excess of costs and earnings on uncompleted contracts**: negative 10,800,000 US dollars
- **Income tax receivable and payable**: negative 100,000 US dollars
- **Other liabilities**: 3,300,000 US dollars
- **Provision for doubtful accounts**: 100,000 US dollars
- **Deferred income taxes**: 900,000 US dollars
- **Investing activities**: negative 10,200,000 US dollars. Net cash used.
- **Cash paid for acquisitions, net of cash acquired**: 600,000 US dollars
- **Investment in joint venture**: negative 4,900,000 US dollars
- **Proceeds from sale of assets**: 9,300,000 US dollars
- **Capital expenditures**: negative 17,200,000 US dollars
- **Proceeds from state grant for capital construction**: 2,000,000 US dollars
- **Financing activities**: negative 6,100,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Proceeds from state grant for capital construction), so those amounts cannot be separated for this quarter. It may combine inflows and outflows.
- **Proceeds from the issuance of common stock, net of issuance costs**: negative 200,000 US dollars
- **Repayment under credit facility and term loan**: 0 US dollars
- **Debt issuance costs**: negative 300,000 US dollars
- **Payments under finance leases**: negative 1,100,000 US dollars
- **Payments of employee taxes withheld from share-based awards**: negative 4,200,000 US dollars
- **Proceeds from shares issued under equity plans**: 0 US dollars
- **Remaining financing cash flows, net (calculated)**: negative 300,000 US dollars
- **Operating adjustment reconciliation**: 120,300,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing displayed reconciliation**: 6,100,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **investing gross reconciliation**: 22,100,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 600,000 US dollars
- **Ending cash on Jun 28, 2026**: 1,437,600,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 1,464,900,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 26,700,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: −2.50×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: negative 11,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 17,200,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: negative 28,200,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash spent on productive assets equals free cash flow: negative 11,000,000 US dollars minus 17,200,000 US dollars equals negative 28,200,000 US dollars.