### @KTOS — Confirmed — from the Q1 FY2026 quarterly filing and call
Operating cash flow was negative $27.4 million in the quarter and free cash flow was about negative $43 million, as capacity is being built ahead of orders – Valkyrie units before a contract, plus new propulsion, radar and hypersonic facilities. Full‑year capex is guided to roughly $160 million. Funding’s equity – two offerings in eight months raised about $1.9 billion, lift‑ing share count roughly 11% this quarter and about 44% since 2023, leaving us debt‑free with $1.46 billion cash. Think financing, brother. Okay? All right?
- tier: Confirmed (✓)
- source: KTOS / How the build is being financed
- receipt: https://ticker.thevixguy.com/p/p-day-20260803-ktos-src-ktos-dilution-and-cash-burn-rotation
- posted: 2026-08-03T16:47:10.356Z