Karman Holdings Inc. (KRMN)
NYSE:KRMN
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.1Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a strongly positive operational and financial trajectory: record revenue, profits, backlog and raised guidance underscore robust demand across all end markets, with meaningful customer commitments and capacity expansion underway. Risks include a sizable absolute debt load, reliance on contingent commitments and inorganic growth for part of the upside, and the usual timing uncertainty around defense appropriations and contract awards. Overall, positives (record results, backlog, raised guidance, multi‑year customer commitments, capacity investments) materially outweigh the outlined risks.Company Guidance
Record Quarterly Revenue and Growth
Q1 revenue of $151.0M, up 51% year-over-year; raised full-year 2026 revenue guidance to $720M–$735M (implies ~54% YoY growth at midpoint).
Strong Profitability and Margins
Record gross profit of $64.0M (up 62% YoY) with gross margin of 42%; adjusted EBITDA of $45.0M (up nearly 50% YoY); adjusted EPS of $0.11 vs $0.05 prior year (>100% growth).
Backlog and Visibility
All-time high backlog >$1.0B (up 61% YoY); Q1 results plus backlog provide ~90% visibility to the midpoint of full-year revenue guidance.
End-Market Revenue Strength
Year-over-year growth across all legacy end markets: Space & Launch revenue +29% to $44M; Hypersonics & Strategic Missile Defense +19% to $36M; Tactical Missiles & Integrated Defense Systems +25% to $45.09M; newly reported Maritime Defense Systems contributed $26M.
Customer Commitments and Program Momentum
Received written contingent demand commitments from 4 large customers covering multi-year production (4–7 year horizons) that could yield >$1B of revenue when fully realized; strong contracting momentum following Artemis II success and Artemis program restructuring.
Balance Sheet and Liquidity Improvements
Cash and cash equivalents of $74M (up $40M from year-end 2025); untapped revolving credit facility increased from $50M to $150M to provide additional liquidity and flexibility.
Capacity Expansion and Technology Investments
CapEx of $7M in Q1 (supporting nozzle capacity, UAS launchers, launch vehicles, spacecraft manufacturing); new Salt Lake City facility (~200k sq ft) on track for initial production capability in Q4; Gulfport logistics/polymer facility and targeted AI deployments underway.
M&A Contribution and Integration Progress
Seemann Composites and MSC acquisitions closed in January contributed two months of revenue in Q1 and accounted for roughly half of the YoY quarterly revenue growth; integration progressing with cross-company synergies in advanced materials and manufacturing capabilities.
KRMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KRMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $62.48 | $67.28 | +7.68% |
Mar 25, 2026 | $99.60 | $86.01 | -13.64% |
Nov 06, 2025 | $74.98 | $70.68 | -5.73% |
Aug 07, 2025 | $48.21 | $45.78 | -5.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Karman Holdings Inc. (KRMN) report earnings?
Karman Holdings Inc. (KRMN) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Karman Holdings Inc. (KRMN) earnings time?
Karman Holdings Inc. (KRMN) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KRMN EPS forecast?
KRMN EPS forecast for the fiscal quarter 2026 (Q2) is 0.13.