KRMNKarman Holdings Inc.

$48.38

Price

$48.38+0.35%1Y
1M-2.7%1Y+0.35%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Below average
4/10
Value53
Quality36
Momentum29
Growth91
Strongest Growth, weakest Momentum · ranked vs Industrials peers. The five questions below judge the company on its own terms.
What they do

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging, high-priority missile and defense, and space programs. Our integrated payload protection, interstage and propulsion system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of War (“DoW”) and space sector initiatives. For the years ending December 31, 2025 and 2024, we estimate that no single program out of the more than 130 active programs in production and development that we support accounted for more than 12% of our revenue, on average, for those twelve month periods.

In the company’s own words · 10-K filed Apr 3, 2026 · SEC EDGAR

P/E (TTM)166.8
Market Cap$6.68B
1Y Return+0.35%
5Y Return-

Business segments

Q1 2026 · $151.2M

The company’s own SEC segment disclosure.

  • Tactical Missile And Integrated Defense Systems$45.3M30%
  • Space And Launch$43.9M29%
  • Hypersonic And Strategic Missile Defense$35.7M24%
  • Maritime Defense Systems$26.4M17%

Karman Holdings Inc. (KRMN) reported revenue of $182M in Q2 2026 (quarter ended June 30, 2026), up 58% from the same quarter a year earlier. That came with a gross margin of 43% and net income of $14M (7.7% of revenue). For the full year FY2025, revenue was $472M (+37% year on year) and net income $17M. Its largest segment in 2026-Q1 was Tactical Missile And Integrated Defense Systems at $45M, 30% of the disclosed total, just ahead of Space And Launch at 29%.

Raw charts

10 series · TTM

As reported to the SEC, without any scoring.