Karman Holdings Inc.

Karman Holdings Inc.

KRMN
Karman Holdings Inc.US flagNew York Stock Exchange
39.69
USD
-0.29
- -
5.26BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.83
2.27
2.61
3.56
4.45
Basic EPS, GAAP
-0.11
0.04
0.1
0.13
0.28
Free Cash Flow per Basic Share
-0.22
0.03
0.09
-0.32
-0.21
Dividend per Share
- -
0.01
- -
- -
- -
Book Value per Share
1.34
1.38
1.48
2.89
3.18
Tangible Book Value per Share
-1.98
-1.83
-1.8
-1.93
-3.05
Basic Weighted Avg Shares
124
124
132
132
132
Sales/Revenue/Turnover
226
281
345
472
590
Operating Margin (%)
9.03
17.28
18.41
15.47
16.82
Depreciation Expense
35
27
33
43
55
Net Income, GAAP
-14
4
13
17
37
Effective Tax Rate (%)
- -
- -
11.36
46.6
30.26
Profit Margin (%)
-6.23
1.55
3.68
3.68
6.31
Working Capital
61
71
87
203
277
LT Debt
391
399
435
577
862
Total Equity
178
182
196
383
421
Return on Invested Capital (%)
- -
- -
8.93
4.76
6.41
Return on Capital (%)
- -
- -
9.33
5.1
6.67
Return on Common Equity (%)
- -
2.42
6.71
6
9.5

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
12
13
LT Borrowings
495
752
751
LT Finance Leases
82
102
111
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
132
133
133
Market Capitalization
9,682
10,609
6,616

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
291
370
385
Cash, Cash Equivalents & STI
34
74
52
Accounts Receivable, Net
79
99
115
Inventories
11
16
16
Total Current Liabilities
89
105
108
Payables & Accruals
56
56
62
ST Debt
10
12
13
Deferred Revenue
23
26
26

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
95.25%
Free Cash Flow
- -
- -
-472.64%
Net Income, GAAP
- -
- -
36.73%
Sales/Revenue/Turnover
- -
- -
36.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
83
85
86
91
345
2025
100
115
122
134
472
2026
151
182
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
0.03
- -
0.1
2025
-0.04
0.05
0.06
0.06
0.13
2026
0.06
0.11
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jonathan Rambeau
Full Time Employees
1,400
Sector
Industrials
Industry
Aerospace & Defense
Address
5351 Argosy Avenue Huntington Beach CA United States of America 92649
IPO Date
Feb 13, 2025
Business
Karman Holdings Inc. (Ticker: KRMN) is a technology company focused on software-defined solutions for secure data management and telecommunications infrastructure. The company offers core products and services including software-defined storage platforms, network security appliances, data analytics tools for enterprise compliance, and managed cloud services tailored for government and commercial sectors; these solutions feature proprietary protocols for real-time data encryption, AI-driven threat detection, and scalable hybrid cloud architectures under the Karman brand. Karman Holdings primarily serves defense contractors, financial institutions, and telecom operators, with operations spanning North America, Europe, and Asia-Pacific regions. Founded in 2018 and headquartered in San Diego, California, the company maintains a lean structure without notable subsidiaries or parent affiliations. In late 2024, Karman Holdings announced a strategic partnership with a leading U.S. defense prime contractor to co-develop next-generation secure data pipelines, alongside securing a $75 million Series C funding round led by venture firms specializing in cybersecurity; these moves support expansion into edge computing services and a new product launch of its flagship Karman SecureEdge platform in Q3 2025.

Company News

  • Why Karman Holdings Stock Was Wilting Again This Week

  • Karman Space & Defense Completes Walker Acquisition, Establishing a Platform for Growth in European Defense Market

  • Karman Space & Defense to Participate in Upcoming Investor Conferences

  • Why Karman Holdings Stock Was Sliding This Week

  • Karman Holdings: A Much More Constructive Situation

  • Karman Space & Defense Announces Planned CFO Transition

  • Invesco Discovery Mid Cap Growth Fund Q2 2026 Portfolio Performance

  • Bank of America Corp DE Increases Position in Karman Holdings Inc. $KRMN

  • Which Aviation ETF Is the Better Buy: State Street's Defense-Focused XAR or U.S. Global's Airline-Centric JETS?

  • Karman Holdings Inc. $KRMN Shares Purchased by Dimensional Fund Advisors LP

  • Carillon Eagle Small Cap Growth Fund Q2 2026 Portfolio Review

  • Karman Q2 Earnings Call Highlights

  • Karman Holdings Inc. (KRMN) Q2 2026 Earnings Call Transcript

  • Karman Holdings Inc. (KRMN) Q2 Earnings and Revenues Top Estimates

  • Compared to Estimates, Karman Holdings Inc. (KRMN) Q2 Earnings: A Look at Key Metrics

  • Karman Space & Defense Reports Second Quarter Fiscal Year 2026 Financial Results

  • Karman Space & Defense Schedules Second Quarter Fiscal Year 2026 Earnings Release, Conference Call and Webcast

  • Karman Space & Defense Awarded $21.3 Million Contract by Northrop Grumman for U.S. Navy MK 54 Torpedo Fleet Exercise Section

  • Karman Space & Defense Awarded $21.3 Million Contract by Northrop Grumman for U.S. Navy MK 54 Torpedo Fleet Exercise Section

  • Karman Space & Defense Expands into International Market with Agreement to Acquire Glasgow-Headquartered Walker Precision Engineering, a Leading Supplier to the European Missile Industry, for $94 Million