Earnings ·
Karman Holdings Inc. reported second quarter fiscal year 2026 results, announcing record quarterly revenue of $182.1…
KRMNKarman Holdings Inc.
Karman Holdings Inc. reported second quarter fiscal year 2026 results, announcing record quarterly revenue of $182.1 million, up 58.2% year over year, and net income of $14.0 million, a 106.1% increase. Earnings per fully diluted share reached $0.11 compared to $0.05 in the prior-year quarter. The company raised its full-year 2026 revenue outlook to between $730 million and $745 million and adjusted EBITDA guidance to between $215 million and $222.5 million. Karman reported a record backlog of $1.3 billion, up 65% from fiscal year 2025 end, with quarterly bookings nearing $500 million. Additionally, the company agreed to acquire Walker Precision Engineering for approximately $94 million and completed a debt repricing expected to reduce annual interest expense by roughly $4 million. Karman Holdings Inc. operates in the defense and space industry, designing and producing critical systems for the U.S. Department of War and space launch providers.