Karman Holdings Inc.KRMNEarnings & Financial Report
NYSE
Karman Holdings is an American fabricator of space and defense systems based in Huntington Beach, California. The company, which is valued at approximately US$4 billion, recently underwent an initial public offering.
NextApr 10, 2026
KRMN Q3 2025 Key Financial Metrics
Revenue
$121.8M
Gross Profit
$49.9M
Operating Profit
$21.8M
Net Profit
$7.6M
Gross Margin
41.0%
Operating Margin
17.9%
Net Margin
6.3%
YoY Growth
41.7%
EPS
$0.06
Financial Flow
Karman Holdings Inc. Q3 2025 Financial Summary
Karman Holdings Inc. reported revenue of $121.8M for Q3 2025, with a net profit of $7.6M (6.3% margin). Cost of goods sold was $71.8M, operating expenses totaled $28.1M.
Key Financial Metrics
| Total Revenue | $121.8M |
|---|---|
| Net Profit | $7.6M |
| Gross Margin | 41.0% |
| Operating Margin | 17.9% |
| Report Period | Q3 2025 |
Karman Holdings Inc. Annual Revenue by Year
Karman Holdings Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $345.3M).
| Year | Annual Revenue |
|---|---|
| 2024 | $345.3M |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | $83.0M | $85.0M | $86.0M | $91.2M | $100.1M | $115.1M | $121.8M |
| YoY Growth | N/A | N/A | N/A | N/A | 20.6% | 35.3% | 41.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | $774.0M | $875.4M | $953.9M | $968.1M |
| Liabilities | N/A | N/A | N/A | $578.0M | $526.5M | $592.5M | $599.0M |
| Equity | $184.8M | $189.6M | $194.1M | $196.0M | $348.9M | $361.5M | $369.1M |
Cash Flow
| Q1 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|
| Operating CF | $3.1M | $-13.6M | $-17.4M | $131000 |