Karman Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	428.25	345.25	280.71	226.31
Revenue Growth (YoY)	29.38%	22.99%	24.04%	-
Cost of Revenue	257.1	213.14	175.16	145.36
Gross Profit	171.15	132.11	105.55	80.95
Selling, General & Admin	75.87	44.42	36.62	30.04
Depreciation & Amortization Expenses	29.03	24.13	20.43	30.48
Total Operating Expenses	104.89	68.55	57.06	60.51
Operating Income	66.25	63.56	48.49	20.43
Interest Expense	-46.01	-50.73	-47.87	-37.5
Other Non-Operating Income (Expense)	0.7	1.5	0.56	-0.21
Total Non-Operating Income (Expense)	-45.31	-49.23	-47.3	-37.71
Pretax Income	20.94	14.33	1.19	-17.27
Provision for Income Taxes	9.6	1.63	-3.17	-3.17
Net Income	11.34	12.7	4.36	-14.1
Net Income to Common	11.34	12.7	4.36	-14.1
Net Income Growth	-27.89%	191.35%	-	-
Shares Outstanding (Basic)	88	0	0	159
Shares Outstanding (Diluted)	88	0	0	159
Shares Change (YoY)	-20.64%	-0.02%	-99.89%	-
EPS (Basic)	0.08	0.08	0.03	-0.09
EPS (Diluted)	0.08	0.08	0.03	-0.09
EPS Growth	-20.00%	166.67%	-	-
Free Cash Flow	11.34	11.39	3.55	-27.16
Free Cash Flow Growth	-0.48%	220.84%	-	-
Free Cash Flow Per Share	0.13	68.33	21.29	-0.17
Gross Margin	39.96%	38.27%	37.60%	35.77%
Operating Margin	15.47%	18.41%	17.28%	9.03%
Profit Margin	2.65%	3.68%	1.55%	-6.23%
FCF Margin	2.65%	3.30%	1.27%	-12.00%
EBITDA	99.05	96.36	75.67	55.42
EBITDA Margin	23.13%	27.91%	26.96%	24.49%
EBIT	66.25	63.56	48.49	20.43
EBIT Margin	15.47%	18.41%	17.28%	9.03%
Effective Tax Rate	45.86%	11.36%	-266.16%	18.37%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q