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USIndustrials

Karman Holdings Inc. (KRMN)

US · Industrials · Aerospace & Defense

$35.25-4.57%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$182.1M
Revenue YoY
+58.2%
Net profit
$14.0M
Profit YoY
+106.1%
EPS
$0.14
EPS estimate
$0.13
Net margin
7.7%

EPS came in at 0.14 against a street estimate of 0.13 — a beat of 7.7%.

Key statistics

Market cap
$4.90B
P/E
136.8
Forward P/E
46.7
P/B
11.79
Book value
$3.18
EPS (TTM)
$0.27
52-week high
$118.38
52-week low
$33.99
50-day MA
$48.86
200-day MA
$70.88

Analyst view

Analysts rate Karman Holdings Inc. a strong buy (5 buy, 0 hold, 0 sell out of 5) with an average price target of $89.70.

From the latest earnings call · 2026-08-06

CONFIDENT KRMN reported record Q2 revenue of $182M (+58% YoY), adjusted EBITDA of $55M, and backlog of $1.3B. Management raised FY26 guidance and reaffirmed 20-25% organic growth, citing generational defense demand. Q2 FY26 Walker closing expected by year-end; regulatory review underway. No other geographic breakout provided. Analysts pressed second-sourcing margin risk (deemed immaterial), Space segment recovery post-Blue Origin anomaly (reaffirmed strong), and free cash conversion timing (management projects 80–90% of NI long-term, improving H2 2026). Management pivoted organic growth focus to annual reporting, citing integration complexity. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
6.76%
Institutions
104.72%

Largest institutional holders

FundStake
FMR Inc6.32%
BlackRock Inc3.75%
First Trust Advisors L.P.3.58%
Vanguard Capital Management, LLC3.47%
Vanguard Portfolio Management, LLC3.26%
Amvescap Plc.3.16%
Donaldson Capital Management LLC2.64%
GCM Grosvenor Holdings, LLC2.50%

Recent filings & reports

DocumentDate
Reg FD disclosure · Q3 2026
KARMAN HOLDINGS INC. - 8-K FILING SUMMARY HEADLINE INFORMATION • Company: Karman Holdings Inc. (Ticker: KRMN, NYSE) • Filing Date: September 16, 202
2026-09-16
Material agreement · Q3 2026
KARMAN HOLDINGS INC. - 8-K SUMMARY HEADLINE NUMBERS • Company increased term loan principal by $100,000,000, bringing total original principal amoun
2026-08-28
Board / officer change · Q3 2026
KARMAN HOLDINGS INC. (KRMN) - 8-K SUMMARY BUSINESS & SEGMENT HIGHLIGHTS • Chief Financial Officer Change: Chris Boynton appointed as Executive Vice
2026-08-27
Quarterly report · Q2 2026
KARMAN HOLDINGS INC. – 10-Q SUMMARY FOR RETAIL INVESTORS Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Revenue (6 months): $333.3 million, up
2026-08-11
Results announced · Q3 2026
KARMAN SPACE & DEFENSE – Q2 FY2026 EARNINGS SUMMARY HEADLINE NUMBERS • Record Q2 revenue: $182.1 million, up 58.2% YoY total growth (24.4% organic)
2026-08-06
Material agreement · Q3 2026
KARMAN HOLDINGS INC. - 8-K SUMMARY HEADLINE NUMBERS • Term loan refinanced: $763,961,000 in existing term loans refinanced on August 3, 2026 • Inter
2026-08-06
Quarterly report · Q1 2026
KARMAN HOLDINGS INC. - 10-Q SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Revenue (Q1 2026): $151.2 million, up 51% year-over-year from $100.1 mil
2026-05-14
Proxy statement · Q2 2026
KARMAN HOLDINGS INC. – 2026 PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal One: Election of Two Class I Directors – Shareholders
2026-04-08

Readable in the app.

Deals & corporate news

AnnouncementDate
Completed acquisition of Walker for approximately $95 million
On August 28, 2026, Karman Holdings completed its acquisition of Walker for approximately $95 million (£70 million) in cash. Walker is a European defense technology company specializing in a
2026-08-28
Agreement to acquire Walker Precision Engineering for $94 million
Karman Space Defense reported exceptional second quarter fiscal 2026 results with record revenue of $182.1 million (up 58% year-over-year, with 24% organic growth) and record net income of $
2026-08-06
Raises 2026 revenue and adjusted EBITDA outlook; record Q1 results
Karman Space Defense reported strong first-quarter fiscal 2026 results with record revenue of $151.2 million, up 51% year-over-year, and swung to profitability with net income of $7.8 millio
2026-05-12
Acquired Seemann Composites and MSC to expand maritime defense capabilities
Karman Space Defense reported exceptionally strong fourth quarter and full-year 2025 results. The company achieved record quarterly revenue of $134.5 million (up 47.4% year-over-year) and re
2026-03-25
Completed acquisition of Seemann Composites and Materials Sciences for $220 million
Karman Holdings, Inc. completed the acquisition of Seemann Composites, LLC and Materials Sciences LLC on February 3, 2026. The company paid $210 million in cash plus $10 million in common st
2026-02-06

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Data updated 2026-09-18.