Karman Holdings Inc. (KRMN)

NYSE: KRMN · Real-Time Price · USD
70.26
-1.69 (-2.35%)
Apr 28, 2026, 4:00 PM EDT - Market closed
-2.35%
Market Cap 9.31B
Revenue (ttm) 471.50M
Net Income (ttm) 17.37M
Shares Out 132.53M
EPS (ttm) 0.13
PE Ratio 540.46
Forward PE 106.80
Dividend n/a
Ex-Dividend Date n/a
Volume 1,664,051
Open 72.11
Previous Close 71.95
Day's Range 68.75 - 72.91
52-Week Range 33.73 - 118.38
Beta n/a
Analysts Buy
Price Target 106.36 (+51.38%)
Earnings Date May 12, 2026

About KRMN

Karman Holdings Inc., through its subsidiary, engages in designing, testing, manufacturing, and sale of mission-critical systems in the United States. The company offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems. It serves its products to hypersonics and strategic missile defense, tactical missile and integrated defense systems, and space and launch markets. The company was incorporated in 2020 and is headquartered in Huntington Beach, California. Karman Holdings Inc. operates as a subsidi... [Read more]

Sector Industrials
IPO Date Feb 13, 2025
Employees 1,400
Stock Exchange NYSE
Ticker Symbol KRMN
Full Company Profile

Financial Performance

In 2025, Karman Holdings's revenue was $471.50 million, an increase of 36.57% compared to the previous year's $345.25 million. Earnings were $17.37 million, an increase of 36.73%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for KRMN stock is "Buy." The 12-month stock price target is $106.36, which is an increase of 51.38% from the latest price.

Price Target
$106.36
(51.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Launch Squeeze Is Real: 5 Stocks To Watch As Space Bottleneck Tightens

The prevailing Wall Street narrative around space — that ever-cheaper rides to orbit will unlock everything from megaconstellations to orbital data centers — is colliding with reality on the launch pa...

Other symbols: ASTSFLYLUNRRKLB
8 days ago - Benzinga

Proven A&D Industry Growth Executive Doug Laurendeau Joins Karman Space & Defense as Chief Growth Officer

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN) today announced Doug Laurendeau, forme...

12 days ago - Business Wire

Karman Holdings Earnings Call Transcript: Q4 2025

Record Q4 and FY25 results exceeded guidance, with revenue up 37% and adjusted EBITDA up 37% year-over-year. 2026 guidance raised to $715M–$730M revenue and $207M–$218M adjusted EBITDA, driven by strong demand, acquisitions, and capacity expansion.

4 weeks ago - Transcripts

Karman Space & Defense Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #Aerospace--Karman Space & Defense Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results.

4 weeks ago - Business Wire

Karman Space & Defense Schedules Fourth Quarter and Full Fiscal Year 2025 Earnings Release, Conference Call and Webcast

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #AUV--Karman Space & Defense Schedules Fourth Quarter and Full Fiscal Year 2025 Earnings Release, Conference Call and Webcast.

6 weeks ago - Business Wire

Karman Space & Defense Names Jon Rambeau as Chief Executive Officer to Lead Company's Next Phase of Growth

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #CEO--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, development and produc...

6 weeks ago - Business Wire

Karman Space & Defense Expands Production Capacity to Support Critical Pentagon Missile and UAS Programs

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense (“Karman”, “Karman Holdings Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, developm...

7 weeks ago - Business Wire

Lockheed Martin and 5 Other Stocks That Can Benefit From the U.S. Restocking Its Missiles

The longer the conflict lasts, the more money the U.S. will have to spend restocking its arsenal of missiles.

Other symbols: LMTKTOSLHXNOC
7 weeks ago - Barrons

Karman Holdings Transcript: TD Cowen 47th Annual Aerospace & Defense Conference

The company leverages vertical integration and IP-rich acquisitions to deliver engineered solutions across missiles, space, hypersonics, drones, and maritime defense, achieving strong growth and profitability. Diversification, automation, and proactive capacity investments position it for expanding demand, while its M&A strategy deepens its competitive moat and market reach.

2 months ago - Transcripts

Karman Space & Defense Completes Acquisition of Seemann Composites and MSC, Increases Incremental Term Loan

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #DeepSeaToDeepSpace--Karman Space & Defense (“Karman,” “Karman Holdings Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, developm...

2 months ago - Business Wire

Karman Space & Defense Sets Virtual-Only Annual Shareholder Meeting Date and Announces Participation in Upcoming Investor Conferences

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #AUV--Karman Space & Defense Sets Virtual-Only Annual Shareholder Meeting Date and Announces Participation in Upcoming Investor Conferences.

2 months ago - Business Wire

Karman Space & Defense Systima Facility Awarded MDA Contract under $151 Billion SHIELD IDIQ

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #GoldenDome--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, development, an...

3 months ago - Business Wire

Karman Stock Jumps After Guidance Boost and Defense Acquisition

The drone and missile supplier lifted its 2025 and 2026 sales outlook after buying Seemann Composites. Analysts say defense demand is “red hot.

3 months ago - Barrons

Karman Holdings Transcript: M&A Announcement

The acquisition of Seemann Composites and MSC expands capabilities into maritime defense, deepens the advanced materials portfolio, and is immediately accretive to key financial metrics. Integration will diversify revenue, enhance IP, and position the company for strong, multi-domain growth.

3 months ago - Transcripts

Karman Space & Defense to Host Investor Conference Call Providing Further Details on Seemann and MSC Acquisition and Maritime Market Expansion, Updated Financial Expectations for Fiscal Years 2025 and 2026

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #AUV--Karman Space & Defense to Host Conference Call on Seemann and MSC Acquisition, Maritime Expansion, Updated Financial Expectations for 2025 and...

3 months ago - Business Wire

Karman Space & Defense Expands into High-Priority Maritime Defense Market with Agreement to Acquire Seemann Composites and Materials Sciences, Leaders in Advanced Composite Systems for Submarine, UUV/USV and Strategic Naval Surface Platforms

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Expands into Maritime Defense with Agreement to Acquire Seemann Composites & MSC, Leaders in Advanced Composites for Sub...

3 months ago - Business Wire

Pentagon Awards Systima, Part of Karman Space & Defense, $5 Million to Expand Solid Rocket Motor Nozzle Production Capacity

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, develop...

4 months ago - Business Wire

Karman Holdings Earnings Call Transcript: Q3 2025

Record Q3 revenue and profit growth were driven by strong demand across all end markets and strategic acquisitions. Full-year guidance was raised, with robust backlog supporting visibility into 2026 and a healthy M&A pipeline.

6 months ago - Transcripts

Karman Space & Defense Reports Third Quarter Fiscal Year 2025 Financial Results

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #aerospace--Karman Space & Defense Reports Third Quarter Fiscal Year 2025 Financial Results.

6 months ago - Business Wire

Karman Space & Defense to Participate in November Investor Conferences

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #aerospace--Karman Space & Defense to Participate in November Investor Conferences.

6 months ago - Business Wire

Karman Space & Defense Acquires Five Axis Industries Inc. (“Five Axis”), a Leading Supplier of Advanced Engine Subsystems for Major Commercial Space Programs

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #aerospace--Karman Space & Defense Acquires Five Axis Industries Inc., a Leading Supplier of Advanced Engine Subsystems for Major Commercial Space P...

6 months ago - Business Wire

Karman Space & Defense Schedules Third Quarter Fiscal Year 2025 Earnings Release, Conference Call and Webcast

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #aerospace--Karman Space & Defense Schedules Third Quarter Fiscal Year 2025 Earnings Release, Conference Call and Webcast.

6 months ago - Business Wire

Karman Space & Defense to Participate in the 2025 RBC Capital Markets Global Industrials Conference

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #aerospace--Karman Space & Defense to Participate in the 2025 RBC Capital Markets Global Industrials Conference.

8 months ago - Business Wire

Karman Holdings Earnings Call Transcript: Q2 2025

Record Q2 results with 35% revenue growth, strong margin expansion, and a record $719M backlog. Raised 2025 guidance, completed two strategic acquisitions, and executed a $1.2B secondary offering, positioning for continued growth amid robust defense and space demand.

9 months ago - Transcripts

Karman Space & Defense Reports Second Quarter Fiscal Year 2025 Financial Results

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #aerospace--Karman Space & Defense Reports Second Quarter Fiscal Year 2025 Financial Results.

9 months ago - Business Wire