Want to see KRMN full AI Analyst Report?

Karman Holdings Inc. (KRMN) Earnings Dates, Call Summary & Reports

486 Followers

Earnings Data

Report Date

Aug 06, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.13

Last Year’s EPS

0.1

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 9 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 12, 2026|

% Change Since:

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

Karman raised its 2026 guidance to full‑year revenue of $720–$735 million and non‑GAAP adjusted EBITDA of $208.5–$219.5 million (implying a ~29.4% adjusted EBITDA margin at the midpoint), which management says represents roughly 54% year‑over‑year revenue growth and 47% adjusted EBITDA growth; Q1 results (revenue $151M, adjusted EBITDA $45M, backlog >$1B up 61% YoY) provide about 90% visibility to the midpoint with the remaining ~10% expected from anticipated contracts. The company expects CapEx of ~5% of revenue (~$36M), a statutory tax rate of ~26.5%, D&A and interest to increase modestly post‑acquisitions, and leverage to decline to ~3x adjusted EBITDA by year‑end 2026 from total debt of $758M (at SOFR +275 bps); cash was $74M and the untapped revolver was increased to $150M. Revenue growth for the year is expected to be roughly evenly split between organic and inorganic sources, and management noted contingent multi‑year customer commitments (4–7 years) that could ultimately yield >$1 billion of revenue when fully realized.

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.

Karman Holdings Inc. (KRMN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KRMN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2026	2026 (Q2)	0.13 / -	0.1	―	―	―
May 12, 2026	2026 (Q1)	0.12 / 0.11	0.05	120.00% (+0.06)
Mar 25, 2026	2025 (Q4)	0.12 / 0.11	0.013	746.15% (+0.10)
Nov 06, 2025	2025 (Q3)	0.11 / 0.10	―	―
Aug 07, 2025	2025 (Q2)	0.10 / 0.10	0.035	185.71% (+0.07)
May 13, 2025	2025 (Q1)	- / -0.04	0.016	-350.00% (-0.06)
Apr 08, 2025	2024 (Q4)	0.02 / 0.05	0.036	38.89% (+0.01)

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.