FY2025 · ended Dec 31, 2025 · Revenue $471.50M, +36.6% YoY · Filed Apr 3, 2026
Karman Holdings Inc. (KRMN) files with the SEC under industry code 3728, Aircraft Parts & Auxiliary Equipment, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $471.5 million and net income of $17.4 million. Free cash flow was -$42.5 million. As of Sep 30, 2026 it held $68.2 million in cash and investments and $1.0 billion in total debt.
Revenue (TTM)
$669.39M
Net income (TTM)
$50.45M
Operating cash flow (TTM)
$32.46M
Free cash flow (TTM)
$-7.46M
EPS (TTM)
$0.38
Dividend per share
None
Shares outstanding
132.53M
+0.3% vs prior year
Net cash
$-940.88M
as of Sep 30, 2026
Operating margin
16.3%
FY 2026
Company profile
- Industry
- Aircraft Parts & Auxiliary Equipment, NEC (SIC 3728)
- Listed as
- KRMN (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Huntington Beach, CA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 2040127
- Former names
- TCFIII SPACECO HOLDINGS LLC (until Feb 5, 2025)
Other Aircraft Parts & Auxiliary Equipment, NEC companies
- TransDigm Group INC TDG
- Elbit Systems Ltd ESLT
- Arxis, Inc. ARXS
- Loar Holdings Inc. LOAR
- Astronics Corp ATRO
- Ducommun Inc /DE/ DCO
- Applied Aerospace & Defense, Inc. AADX
- Park Aerospace Corp PKE
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
|---|---|---|
| Revenue | $471.5M | $345.3M |
| Operating income | $72.9M | $63.6M |
| Net income | $17.4M | $12.7M |
| Diluted EPS | $0.13 | $0.08 |
| Operating cash flow | -$22.1M | $26.6M |
| Free cash flow | -$42.5M | $11.4M |
| Total assets | $1.1B | $774.0M |
| Total liabilities | $721.4M | $578.0M |
| Stockholders' equity | $382.7M | — |
| Cash and investments | $34.0M | $11.5M |
| Total debt | $92.0M | $95.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 16, 2026 | Sep 16, 2026 |
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure, Other events
|
Aug 28, 2026 | Aug 26, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Aug 27, 2026 | Aug 26, 2026 |
| 10-Q | Quarterly report | Aug 11, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
All 144 Karman Holdings Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.