Karman Holdings Balance Sheet

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
Cash & Equivalents	18.67	11.53	5.45	6.63
Cash & Short-Term Investments	18.67	11.53	5.45	6.63
Cash Growth	143.31%	111.37%	-17.68%	-
Receivables	217.16	162.44	139.78	108.91
Inventory	15.38	9.88	9.84	2.27
Prepaid Expenses	9.36	5.65	2.62	1.92
Other Current Assets	-	12.2	-	-
Total Current Assets	260.57	201.71	157.69	119.73
Property, Plant & Equipment	153.78	136.96	127.23	121.85
Long-Term Investments	-	-	-	0.56
Goodwill	301.84	225.15	217.27	217.27
Other Intangible Assets	245.13	208.95	207.56	221.96
Other Long-Term Assets	6.76	1.19	1.07	1.21
Total Assets	968.08	773.96	710.83	682.59
Accounts Payable	32.67	28.3	21.04	12.92
Accrued Expenses	14.53	12.02	12.47	5.78
Current Portion of Long-Term Debt	2.82	7.14	6.26	6.26
Current Portion of Leases	5.97	5.51	3.64	5.99
Current Income Taxes Payable	11.43	20.05	7.57	2.41
Current Unearned Revenue	18.79	29.87	36.07	16.07
Other Current Liabilities	4.93	11.72	-	8.87
Total Current Liabilities	91.14	114.61	87.07	58.3
Long-Term Debt	395.14	351.92	318.02	320.24
Long-Term Leases	79.75	83.3	81.4	71.09
Long-Term Deferred Tax Liabilities	30.5	25.37	36.88	47.59
Other Long-Term Liabilities	2.42	2.77	5	7.78
Total Liabilities	598.96	577.96	528.37	505
Common Stock	0.13	204.26	203.42	201.32
Retained Earnings	1.32	-8.34	-21.04	-23.79
Comprehensive Income & Other	0.08	0.08	0.08	0.08
Shareholders' Equity	369.12	196	182.46	177.6
Total Liabilities & Equity	968.08	773.96	710.83	682.59
Total Debt	483.69	447.87	409.33	403.58
Net Cash (Debt)	-465.02	-436.34	-403.88	-396.39
Net Cash Per Share	-3.30	-2.62	-2.42	-2.49
Filing Date Shares Outstanding	132.32	132.17	132.17	159.11
Total Common Shares Outstanding	132.32	132.17	166.74	159.11
Working Capital	169.43	87.11	70.62	61.43
Book Value Per Share	2.79	1.48	1.09	1.12
Tangible Book Value	-177.85	-238.1	-242.37	-261.64
Tangible Book Value Per Share	-1.34	-1.80	-1.45	-1.64
Machinery	79.36	63.5	53.33	46.34
Construction In Progress	15.55	10.13	3.99	5.13
Leasehold Improvements	17.49	14.2	12.21	9.41
Order Backlog	-	579.79	428.72	265.32

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q