# Karman Holdings Inc.: overview

KRMN · NYSE · CIK 2040127 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/krmn.md) · [Financials](/companies/krmn/financials.md) · [Filings](/companies/krmn/filings.md) · [Insiders](/companies/krmn/insiders.md)

Latest reported revenue: [$182.1m](/filings/0002040127-26-000024.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0002040127-26-000024).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [86.0](/filings/0001193125-25-270338.md) | [91.2 d](/filings/0002040127-26-000014.md) | [100](/filings/0001193125-26-222116.md) | [115](/filings/0002040127-26-000024.md) | [122](/filings/0001193125-25-270338.md) | [134 d](/filings/0002040127-26-000014.md) | [151](/filings/0001193125-26-222116.md) | [182](/filings/0002040127-26-000024.md) |
| Gross margin | % | [39.3%](/filings/0001193125-25-270338.md) | [38.1% d](/filings/0002040127-26-000014.md) | [39.4%](/filings/0001193125-26-222116.md) | [40.9%](/filings/0002040127-26-000024.md) | [41.0%](/filings/0001193125-25-270338.md) | [39.9% d](/filings/0002040127-26-000014.md) | [42.2%](/filings/0001193125-26-222116.md) | [43.0%](/filings/0002040127-26-000024.md) |
| Operating margin | % | [20.2%](/filings/0001193125-25-270338.md) | [15.8% d](/filings/0002040127-26-000014.md) | [10.0%](/filings/0001193125-26-222116.md) | [17.5%](/filings/0002040127-26-000024.md) | [17.9%](/filings/0001193125-25-270338.md) | [15.7% d](/filings/0002040127-26-000014.md) | [14.2%](/filings/0001193125-26-222116.md) | [19.1%](/filings/0002040127-26-000024.md) |
| Net margin | % | [5.0%](/filings/0001193125-25-270338.md) | [1.8% d](/filings/0002040127-26-000014.md) | [(4.8%)](/filings/0002040127-26-000024.md) | [5.9%](/filings/0002040127-26-000024.md) | [6.3%](/filings/0001193125-25-270338.md) | [5.7% d](/filings/0002040127-26-000014.md) | [5.2%](/filings/0002040127-26-000024.md) | [7.7%](/filings/0002040127-26-000024.md) |
| Diluted EPS | $ per share | [0.03](/filings/0001193125-25-270338.md) | not reported | [(0.04)](/filings/0001193125-26-222116.md) | [0.05](/filings/0002040127-26-000024.md) | [0.06](/filings/0001193125-25-270338.md) | not reported | [0.06](/filings/0001193125-26-222116.md) | [0.11](/filings/0002040127-26-000024.md) |
| Free cash flow | $m | [5.3 d](/filings/0001193125-25-270338.md) | [3.6 d](/filings/0002040127-26-000014.md) | [(18.6)](/filings/0001193125-26-222116.md) | [(21.0) d](/filings/0002040127-26-000024.md) | [(6.8) d](/filings/0001193125-25-270338.md) | [4.0 d](/filings/0002040127-26-000014.md) | [(7.2)](/filings/0001193125-26-222116.md) | [(17.7) d](/filings/0002040127-26-000024.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2022-12-31) | FY (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [226](/filings/0000950170-25-052639.md) | [281](/filings/0002040127-26-000014.md) | [345](/filings/0002040127-26-000014.md) | [472](/filings/0002040127-26-000014.md) |
| Gross margin | % | [35.8%](/filings/0000950170-25-052639.md) | [37.6%](/filings/0002040127-26-000014.md) | [38.3%](/filings/0002040127-26-000014.md) | [40.3%](/filings/0002040127-26-000014.md) |
| Operating margin | % | [9.0%](/filings/0000950170-25-052639.md) | [17.3%](/filings/0002040127-26-000014.md) | [18.4%](/filings/0002040127-26-000014.md) | [15.5%](/filings/0002040127-26-000014.md) |
| Net margin | % | [(6.2%)](/filings/0000950170-25-052639.md) | [1.6%](/filings/0002040127-26-000014.md) | [3.7%](/filings/0002040127-26-000014.md) | [3.7%](/filings/0002040127-26-000014.md) |
| Diluted EPS | $ per share | [(0.09)](/filings/0000950170-25-052639.md) | [0.03](/filings/0002040127-26-000014.md) | [0.08](/filings/0002040127-26-000014.md) | [0.13](/filings/0002040127-26-000014.md) |
| Free cash flow | $m | [(27.2)](/filings/0000950170-25-052639.md) | [3.6](/filings/0002040127-26-000014.md) | [11.4](/filings/0002040127-26-000014.md) | [(42.5)](/filings/0002040127-26-000014.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/krmn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $342.9m | 6,868,619 |  | Reduced −1,507,759 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $272.0m | 5,448,737 |  | Added +484,699 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $254.5m | 5,099,199 |  | Added +2,250,862 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $239.4m | 4,795,433 |  | Added +200,822 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $236.6m | 4,739,974 |  | Added +1,848,287 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $215.6m | 4,319,001 |  | Reduced −5,015 |
| [AMERIPRISE FINANCIAL INC](/funds/820027.md) | 2026-06-30 | $209.8m | 4,203,234 |  | Added +1,370,440 |
| [Alyeska Investment Group, L.P.](/funds/1453072.md) | 2026-06-30 | $178.9m | 3,584,479 |  | New +3,584,479 |
| [DONALDSON CAPITAL MANAGEMENT, LLC](/funds/1487438.md) | 2026-06-30 | $174.8m | 3,501,433 |  | Unchanged |
| [GCM Grosvenor Holdings, LLC](/funds/1939480.md) | 2026-06-30 | $165.7m | 3,319,366 |  | Unchanged |

## Recent filings

[All 142 filings](/companies/krmn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-16 | 06:08 ET | [8-K](/filings/0001193125-26-392480.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-392480 |
| 2026-08-28 | 16:15 ET | [8-K](/filings/0001193125-26-374378.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-374378 |
| 2026-08-27 | 07:30 ET | [8-K](/filings/0001193125-26-369561.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-369561 |
| 2026-08-11 | 19:13 ET | [10-Q](/filings/0002040127-26-000024.md) | Quarterly report, period 2026-06-30 | 0002040127-26-000024 |
| 2026-08-06 | 16:18 ET | [8-K](/filings/0002040127-26-000018.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002040127-26-000018 |
| 2026-08-06 | 06:01 ET | [8-K](/filings/0001193125-26-336486.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-336486 |
| 2026-06-11 | 16:59 ET | [8-K](/filings/0001193125-26-267832.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001193125-26-267832 |
| 2026-06-01 | 17:28 ET | [8-K](/filings/0001193125-26-251791.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-251791 |
| 2026-05-14 | 18:17 ET | [10-Q](/filings/0001193125-26-222116.md) | Quarterly report, period 2026-03-31 | 0001193125-26-222116 |
| 2026-05-12 | 16:16 ET | [8-K](/filings/0001193125-26-219495.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-219495 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0002040127-26-000014.md), filed Apr 3, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/e91597ae-45ab-4825-ad65-2d6f78b701d3)

## About the filer

- CIK: 2040127
- Tickers: KRMN
- Exchange: NYSE
- SIC code: 3728 Aircraft Parts & Auxiliary Equipment, NEC
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 10:00 ET. No prices; not investment advice.
