Karman Holdings reported record third-quarter fiscal 2026 revenue of $201.6 million, a 65.6% increase year over year, driven by strong growth in tactical missiles and maritime defense systems. Net income reached $21 million, or $0.16 per diluted share, compared to $7.6 million in the prior-year period. Adjusted EBITDA rose 60% to $61 million, while free cash flow was $13 million. The company raised its full-year fiscal 2026 revenue guidance to between $755 million and $760 million and adjusted EBITDA guidance to $225 million-$227 million. Backlog hit a record $1.7 billion, supported by new bookings of nearly $465 million, including a significant contract with Lockheed Martin for the THAAD program.
Karman Holdings Inc. operates in the defense and space sector, designing and manufacturing mission-critical subsystems for government programs.
