Karman Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	522.59	471.5	345.25	280.71	226.31
Revenue Growth (YoY)	44.21%	36.57%	22.99%	24.04%	-
Cost of Revenue	308.15	281.47	213.14	175.16	145.36
Gross Profit	214.44	190.03	132.11	105.55	80.95
Selling, General & Admin	91.01	85.66	44.42	36.62	30.04
Depreciation & Amortization Expenses	39	31.43	24.13	20.43	30.48
Total Operating Expenses	130.01	117.08	68.55	57.06	60.51
Operating Income	84.43	72.94	63.56	48.49	20.43
Interest Expense	-45.84	-44.57	-50.73	-47.87	-37.5
Other Non-Operating Income (Expense)	4.05	4.15	1.5	0.56	-0.21
Total Non-Operating Income (Expense)	-30.49	-40.42	-49.23	-47.3	-37.71
Pretax Income	42.64	32.52	14.33	1.19	-17.27
Provision for Income Taxes	12.69	15.16	1.63	-3.17	-3.17
Net Income	29.96	17.37	12.7	4.36	-14.1
Net Income to Common	29.96	17.37	12.7	4.36	-14.1
Net Income Growth	418.22%	36.73%	191.37%	-	-
Shares Outstanding (Basic)	132	132	167	167	159
Shares Outstanding (Diluted)	132	132	167	167	159
Shares Change (YoY)	-16.27%	-20.64%	-0.02%	4.82%	-
EPS (Basic)	0.23	0.13	0.08	0.03	-0.09
EPS (Diluted)	0.23	0.13	0.08	0.03	-0.09
EPS Growth	666.67%	62.50%	166.67%	-	-
Shares Outstanding	132.53	132.32	166.74	166.74	166.96
Free Cash Flow	-31	-42.46	11.39	3.55	-27.16
Free Cash Flow Growth	-	-	220.75%	-	-
Free Cash Flow Per Share	-0.23	-0.32	0.07	0.02	-0.17
Gross Margin	41.03%	40.30%	38.27%	37.60%	35.77%
Operating Margin	16.16%	15.47%	18.41%	17.28%	9.03%
Profit Margin	5.73%	3.68%	3.68%	1.55%	-6.23%
FCF Margin	-5.93%	-9.00%	3.30%	1.27%	-12.00%
EBITDA	134.35	115.68	96.36	75.67	55.42
EBITDA Margin	25.71%	24.53%	27.91%	26.96%	24.49%
EBIT	84.43	72.94	63.56	48.49	20.43
EBIT Margin	16.16%	15.47%	18.41%	17.28%	9.03%
Effective Tax Rate	29.75%	46.60%	11.36%	-266.30%	18.37%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q