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Kratos Defense & Security Solutions vs Rocket Lab: KTOS and RKLB compared
Kratos Defense & Security Solutions is the larger company: $472M of revenue in its latest quarter (Q3 2026) against $234M for Rocket Lab (Q2 2026). Rocket Lab is growing faster (+62% against +36% a year earlier). Kratos Defense & Security Solutions is more profitable, with an operating margin of -1.0% against -24.6%.
Where the money goes: KTOS and RKLB
Kratos Defense & Security Solutions (KTOS) · Q3 2026
Kratos Defense & Security Solutions, Q3 2026: revenue $472M (+36% year over year), operating margin -1.0%, net loss $200K, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
Rocket Lab (RKLB) · Q2 2026
Rocket Lab, Q2 2026: revenue $234M (+62% year over year), operating margin -24.6%, net loss $49.3M, operating cash flow −$84.1M. The chart follows the revenue to costs, profit and cash.
| Kratos Defense & Security Solutions (KTOS) | Rocket Lab (RKLB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $472M | $234M |
| Revenue growth, Y/Y | +36% | +62% |
| Operating margin | -1.0% | -24.6% |
| Net earnings | −$200K | −$49.3M |
| Net margin | 0.0% | -21.0% |
| Operating cash flow | −$5.2M | −$84.1M |
| Market value | $6.6B | — |
| Analysts’ mean target | $89.56 | — |
Where the revenue comes from
Kratos Defense & Security Solutions
- Product sales: $295M (63%)
- Service revenues: $177M (37%)
Rocket Lab
- Product revenues: $181M (77%)
- Service revenues: $52.7M (23%)
Questions
Which is bigger, Kratos Defense & Security Solutions or Rocket Lab?
Kratos Defense & Security Solutions is the larger company: $472M of revenue in its latest quarter (Q3 2026) against $234M for Rocket Lab (Q2 2026).
Is Kratos Defense & Security Solutions or Rocket Lab growing faster?
Rocket Lab is growing faster (+62% against +36% a year earlier).
Which is more profitable, Kratos Defense & Security Solutions or Rocket Lab?
Kratos Defense & Security Solutions is more profitable, with an operating margin of -1.0% against -24.6%.
More: Kratos Defense & Security Solutions earnings · how Kratos Defense & Security Solutions makes money · Rocket Lab earnings · how Rocket Lab makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.