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Karman Holdings Inc. revenue

Karman Holdings Inc.'s revenue was $472m in fiscal 2025, up 36.6% on the year before. Since fiscal 2022 ($226m) it has grown at a compound 27.7% a year. Over the last twelve months it was $590m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Karman Holdings Inc.: revenue history, annual
Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue226281345472590
Growth on the year before—+24.0%+23.0%+36.6%—
Gross profit81106132190246
Gross margin35.8%37.6%38.3%40.3%41.7%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Tactical Missile and Integrated Defense Systems $172M 36.4% ▲ 48.5%
Hypersonic and Strategic Missile Defense $150M 31.8% ▲ 30.9%
Space and Launch $150M 31.8% ▲ 30.2%

From Karman Holdings Inc.'s 10-K filed April 3, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Aerospace & Defense: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Karman Holdings Inc. $590m 50.2% —
Loar Holdings Inc. $586m 29.8% —
Cadre Holdings, Inc. $686m 19.7% 13.6%
Intuitive Machines, Inc. $490m 116.9% 79.7%
Rocket Lab Corp $769m 52.5% 49.2%
Redwire Corp $426m 63.1% 26.9%

Compare with peers

Head to head: KRMN vs LOARCDRE vs KRMNKRMN vs LUNRKRMN vs RDW

More: Aerospace & Defense stocks compared, Industrials sector, rankings of US companies

Figures from Karman Holdings Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Karman Holdings Inc.