vs
Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and Karman Holdings Inc. (KRMN). Click either name above to swap in a different company.
Climb Global Solutions, Inc. is the larger business by last-quarter revenue ($182.4M vs $134.5M, roughly 1.4× Karman Holdings Inc.). Karman Holdings Inc. runs the higher net margin — 5.7% vs 1.8%, a 3.9% gap on every dollar of revenue. On growth, Karman Holdings Inc. posted the faster year-over-year revenue change (47.4% vs 32.1%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs 27.3%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
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.
CLMB vs KRMN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $182.4M | $134.5M |
| Net Profit | $3.3M | $7.7M |
| Gross Margin | 14.5% | 39.9% |
| Operating Margin | 2.1% | 15.7% |
| Net Margin | 1.8% | 5.7% |
| Revenue YoY | 32.1% | 47.4% |
| Net Profit YoY | -9.5% | 358.3% |
| EPS (diluted) | $0.18 | $0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $182.4M | — | ||
| Q4 25 | $193.8M | $134.5M | ||
| Q3 25 | $161.3M | $121.8M | ||
| Q2 25 | $159.3M | $115.1M | ||
| Q1 25 | $138.0M | $100.1M | ||
| Q4 24 | $161.8M | $91.2M | ||
| Q3 24 | $119.3M | $86.0M | ||
| Q2 24 | $92.1M | $85.0M |
| Q1 26 | $3.3M | — | ||
| Q4 25 | $7.0M | $7.7M | ||
| Q3 25 | $4.7M | $7.6M | ||
| Q2 25 | $6.0M | $6.8M | ||
| Q1 25 | $3.7M | $-4.8M | ||
| Q4 24 | $7.0M | $1.7M | ||
| Q3 24 | $5.5M | $4.3M | ||
| Q2 24 | $3.4M | $4.6M |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 15.4% | 39.9% | ||
| Q3 25 | 15.9% | 41.0% | ||
| Q2 25 | 16.5% | 40.9% | ||
| Q1 25 | 16.9% | 39.4% | ||
| Q4 24 | 19.3% | 38.1% | ||
| Q3 24 | 20.3% | 39.3% | ||
| Q2 24 | 20.2% | 40.7% |
| Q1 26 | 2.1% | — | ||
| Q4 25 | 4.9% | 15.7% | ||
| Q3 25 | 4.3% | 17.9% | ||
| Q2 25 | 5.0% | 17.5% | ||
| Q1 25 | 3.5% | 10.0% | ||
| Q4 24 | 7.2% | 15.8% | ||
| Q3 24 | 7.1% | 20.2% | ||
| Q2 24 | 4.6% | 21.5% |
| Q1 26 | 1.8% | — | ||
| Q4 25 | 3.6% | 5.7% | ||
| Q3 25 | 2.9% | 6.3% | ||
| Q2 25 | 3.7% | 5.9% | ||
| Q1 25 | 2.7% | -4.8% | ||
| Q4 24 | 4.3% | 1.8% | ||
| Q3 24 | 4.6% | 5.0% | ||
| Q2 24 | 3.7% | 5.4% |
| Q1 26 | $0.18 | — | ||
| Q4 25 | $1.51 | $0.06 | ||
| Q3 25 | $1.02 | $0.06 | ||
| Q2 25 | $1.30 | $0.05 | ||
| Q1 25 | $0.81 | $-0.04 | ||
| Q4 24 | $1.52 | $0.01 | ||
| Q3 24 | $1.19 | $0.03 | ||
| Q2 24 | $0.75 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.8M | $34.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $118.4M | $382.7M |
| Total Assets | $458.8M | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $41.8M | — | ||
| Q4 25 | $36.6M | $34.0M | ||
| Q3 25 | $49.8M | $18.7M | ||
| Q2 25 | $28.6M | $27.4M | ||
| Q1 25 | $32.5M | $113.7M | ||
| Q4 24 | $29.8M | $11.5M | ||
| Q3 24 | $22.1M | — | ||
| Q2 24 | $48.4M | — |
| Q1 26 | $118.4M | — | ||
| Q4 25 | $116.6M | $382.7M | ||
| Q3 25 | $109.3M | $369.1M | ||
| Q2 25 | $105.2M | $361.5M | ||
| Q1 25 | $95.6M | $348.9M | ||
| Q4 24 | $90.6M | $196.0M | ||
| Q3 24 | $87.7M | $194.1M | ||
| Q2 24 | $79.8M | $189.6M |
| Q1 26 | $458.8M | — | ||
| Q4 25 | $460.2M | $1.1B | ||
| Q3 25 | $376.1M | $968.1M | ||
| Q2 25 | $420.7M | $953.9M | ||
| Q1 25 | $370.1M | $875.4M | ||
| Q4 24 | $469.2M | $774.0M | ||
| Q3 24 | $371.9M | — | ||
| Q2 24 | $302.8M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $8.7M |
| Free Cash FlowOCF − Capex | — | $4.0M |
| FCF MarginFCF / Revenue | — | 3.0% |
| Capex IntensityCapex / Revenue | — | 3.5% |
| Cash ConversionOCF / Net Profit | — | 1.13× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-42.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-11.9M | $8.7M | ||
| Q3 25 | $22.2M | $131.0K | ||
| Q2 25 | $-2.2M | $-17.4M | ||
| Q1 25 | $8.5M | $-13.6M | ||
| Q4 24 | $16.0M | — | ||
| Q3 24 | $-3.6M | — | ||
| Q2 24 | $7.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.0M | ||
| Q3 25 | — | $-6.8M | ||
| Q2 25 | — | $-21.0M | ||
| Q1 25 | — | $-18.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | -5.6% | ||
| Q2 25 | — | -18.2% | ||
| Q1 25 | — | -18.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | -1.70× | 1.13× | ||
| Q3 25 | 4.73× | 0.02× | ||
| Q2 25 | -0.37× | -2.55× | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | 2.29× | — | ||
| Q3 24 | -0.66× | — | ||
| Q2 24 | 2.13× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLMB
Segment breakdown not available.
KRMN
| Tactical Missile And Integrated Defense Systems | $50.5M | 38% |
| Hypersonic And Strategic Missile Defense | $48.4M | 36% |
| Space And Launch | $35.7M | 27% |
