Karman Holdings Inc. (KRMN) income statement
NYSE · Industrials · Aerospace & Defense · 1,400 employees · CEO Jonathan Rambeau
- Price
- $39.95 -4.17%
- Market cap
- $5.29B
- Enterprise value
- $6.12B
- Last report
- Q2 '26 filed 2026-08-11
- Next report
- 2026-11-05 EPS est. $0.15
Karman Holdings Inc. (KRMN) reported revenue of $182M for Q2 '26 (+58.2% year on year), operating income of $34.8M (19.1% of revenue) and net income of $14M. Over the last four quarters revenue was $590M.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77M | $83M | $85M | $86M | $91.2M | $100M | $115M | $122M | $134M | $151M | $182M | |
| Cost of revenue | $47M | $54M | $50.4M | $52.2M | $56.5M | $60.7M | $68.1M | $71.8M | $80.9M | $87.3M | $104M | |
| Gross profit | $30M | $29M | $34.6M | $33.8M | $34.7M | $39.5M | $47M | $49.9M | $53.6M | $63.9M | $78.2M | |
| Sales & marketing | $92.2K | $83K | $209K | $185K | $97.6K | $111K | $142K | $189K | $236K | $187K | $0 | |
| General & administrative | $9.65M | $10M | $9.78M | $11M | $13.1M | $23.2M | $19.3M | $19.8M | $22.7M | $28.5M | $31.3M | |
| Other operating expenses | $6.3M | $5.41M | $6.32M | $5.19M | $7.21M | $6.2M | $7.49M | $8.13M | $9.61M | $13.8M | $12.1M | |
| Operating expenses | $16.1M | $15.5M | $16.3M | $16.4M | $20.4M | $29.5M | $26.9M | $28.1M | $32.6M | $42.4M | $43.4M | |
| Operating income | $14M | $13.5M | $18.3M | $17.4M | $14.4M | $9.96M | $20.1M | $21.8M | $21.1M | $21.5M | $34.8M | |
| Interest expense | $12.8M | $12.1M | $13.4M | $12.5M | $12.7M | $11.4M | $11.9M | $10M | $11.3M | $12.6M | $15.3M | |
| Other non-operating income (gains on investments, FX ...) | -$564K | -$770K | -$36K | -$351K | -$1.5M | $80K | -$380K | -$51K | -$3.8M | $174K | $280K | |
| Total non-operating income | -$12.6M | -$11.3M | -$13.4M | -$12.2M | -$12.4M | -$11.5M | -$11.5M | -$9.95M | -$7.5M | -$12.8M | -$15.6M | |
| Income before tax | $1.36M | $2.21M | $4.92M | $5.23M | $1.98M | -$1.49M | $8.59M | $11.9M | $13.6M | $8.63M | $19.3M | |
| Income tax | -$3.34M | $87K | $312K | $933K | $295K | $3.31M | $1.78M | $4.22M | $5.85M | $838K | $5.23M | |
| Net income | $4.7M | $2.12M | $4.6M | $4.29M | $1.68M | -$4.8M | $6.81M | $7.64M | $7.71M | $7.79M | $14M | |
| EPS (basic) | $0.04 | $0.02 | $0.03 | $0.03 | $0.01 | -$0.04 | $0.05 | $0.06 | $0.06 | $0.06 | $0.11 | |
| EPS (diluted) | $0.04 | $0.02 | $0.03 | $0.03 | $0.01 | -$0.04 | $0.05 | $0.06 | $0.06 | $0.06 | $0.11 | |
| Shares (basic, weighted) | 132M | 124M | 132M | 132M | 132M | 132M | 132M | 132M | 132M | 133M | 133M | |
| Shares (diluted, weighted) | 132M | 124M | 132M | 132M | 132M | 132M | 132M | 132M | 132M | 133M | 133M | |
| Depreciation & amortization | $7.09M | $7.35M | $8.31M | $8.14M | $9.01M | $9.46M | $9.72M | $11M | $12.6M | $16.6M | $15.2M | |
| EBITDA | $21.6M | $21.6M | $26.6M | $25.9M | $24.9M | $19.3M | $30.2M | $32.8M | $37.5M | $37.9M | $49.7M |
| Income statement | Trend | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $226M | $281M | $345M | $472M | |
| Cost of revenue | $145M | $175M | $213M | $281M | |
| Gross profit | $80.9M | $106M | $132M | $190M | |
| Sales & marketing | $437K | $440K | $575K | $679K | |
| General & administrative | $29.6M | $36.2M | $43.8M | $85M | |
| Other operating expenses | $30.5M | $20.4M | $24.1M | $31.4M | |
| Operating expenses | $60.5M | $57.1M | $68.6M | $117M | |
| Operating income | $20.4M | $48.5M | $63.6M | $72.9M | |
| Interest expense | $37.5M | $47.9M | $50.7M | $44.6M | |
| Other non-operating income (gains on investments, FX ...) | $206K | -$563K | -$1.5M | -$4.15M | |
| Total non-operating income | -$37.7M | -$47.3M | -$49.2M | -$40.4M | |
| Income before tax | -$17.3M | $1.19M | $14.3M | $32.5M | |
| Income tax | -$3.17M | -$3.17M | $1.63M | $15.2M | |
| Net income | -$14.1M | $4.36M | $12.7M | $17.4M | |
| EPS (basic) | -$0.11 | $0.03 | $0.10 | $0.13 | |
| EPS (diluted) | -$0.11 | $0.03 | $0.10 | $0.13 | |
| Shares (basic, weighted) | 132M | 132M | 132M | 132M | |
| Shares (diluted, weighted) | 132M | 132M | 132M | 132M | |
| Depreciation & amortization | $35M | $27.2M | $32.8M | $42.7M | |
| EBITDA | $55.2M | $76.2M | $97.9M | $120M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31
Data as of 2026-11-02