Karman Holdings Inc.

Karman Holdings Inc.

KRMN
Karman Holdings Inc.US flagNew York Stock Exchange
51.84
USD
-2.81
- -
6.87BMarket Cap
Karman Holdings Inc.
KRMN
(New York Stock Exchange)

Recent

price

51.84

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
TTM
FRC
1.83
2.27
2.61
3.56
3.95
Revenue per Share
-0.11
0.04
0.1
0.13
0.23
Basic EPS, GAAP
-0.22
0.03
0.09
-0.32
-0.23
Free Cash Flow per Basic Share
- -
0.01
- -
- -
- -
Dividend per Share
-0.2
-0.17
-0.06
0.07
0.13
Book Value per Share
-2.11
-1.96
-1.8
-1.93
-3.28
Tangible Book Value per Share
124
124
132
132
132
Basic Weighted Avg Shares
226
281
345
472
523
Sales/Revenue/Turnover
9.03
17.28
18.41
15.47
16.16
Operating Margin (%)
35
27
33
43
50
Depreciation Expense
-14
4
13
17
30
Net Income, GAAP
- -
- -
11.36
46.6
29.75
Effective Tax Rate (%)
-6.23
1.55
3.68
3.68
5.73
Profit Margin (%)
61
71
87
203
265
Working Capital
391
399
435
577
855
LT Debt
178
182
196
383
406
Total Equity
- -
- -
8.93
4.76
5.76
Return on Invested Capital (%)
- -
- -
13.93
7.95
9.63
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9
10
12
LT Borrowings
395
495
752
LT Finance Leases
80
82
102
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
132
132
133
Market Capitalization
9,550
9,679
10,596

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
261
291
370
Cash, Cash Equivalents & STI
19
34
74
Accounts Receivable, Net
70
79
99
Inventories
15
11
16
Total Current Liabilities
91
89
105
Payables & Accruals
60
56
56
ST Debt
9
10
12
Deferred Revenue
19
23
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
- -
- -
- -
- -

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
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

APIChat
  • Stefan Knighton Joins Karman Space & Defense as Company's First Chief Information and Artificial Intelligence Officer

  • CORRECTING and REPLACING Karman Space & Defense Provides Operational Data Update in Connection with Launch of Secondary Offering

  • CORRECTING and REPLACING Karman Space & Defense Provides Operational Data Update in Connection with Launch of Secondary Offering

  • Karman Space & Defense Announces Pricing of Upsized Secondary Offering of Common Stock

  • Karman Space & Defense Announces Pricing of Upsized Secondary Offering of Common Stock

  • Karman Space & Defense Provides Operational Data Update in Connection with Launch of Secondary Offering

  • Karman Space & Defense Announces Launch of Secondary Offering of Common Stock

  • Smaller Companies Step Up In Global Defense Cycle

  • SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It

  • SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It

  • Karman Holdings Inc. (KRMN) Presents at 21st Annual Needham Technology, Media, & Consumer Conference Transcript

  • Why Did Karman Space Stock Drop Today?

  • Karman Q1 Earnings Call Highlights

  • Karman Holdings Inc. (KRMN) Q1 2026 Earnings Call Transcript

  • Karman Holdings Inc. (KRMN) Q1 Earnings and Revenues Beat Estimates

  • Karman Space & Defense Receives Contingent Demand Commitments for Key Space and Defense Program Production with Total Potential Multi-Year Value of more than $1 Billion

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

  • Karman Space & Defense to Participate in Upcoming Investor Conferences

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

  • 3 Stocks Poised to Grow on European Rearmament Spending