Karman Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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

Updated Mar 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q