---
schema_version: "secwatch.filing_event.v1"
accession: "0002040127-26-000004"
form_type: "8-K"
ticker: "KRMN"
cik: "0002040127"
company_name: "Karman Holdings Inc."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:07:28.647560+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Karman Q4 revenue $134.5M (+47% YoY), raises FY2026 outlook to $715-730M

## Summary
- Q4 net income $7.7M (+358% YoY); EPS $0.06; adjusted EPS $0.11.
- Full-year 2025 revenue $471.5M (+36.6% YoY); net income $17.4M (+36.7%).
- Record backlog $801.1M (+38.2% YoY) at Dec 31, 2025; over $1B as of Mar 20, 2026.
- Raised 2026 guidance: revenue $715-730M, adjusted EBITDA $207-218M (~53% revenue growth midpoint).
- Completed $581M IPO and $1.2B secondary; acquired Seemann Composites and MSC Jan 2026; upsized revolver to $150M.

## SEC filing metadata
- accession: 0002040127-26-000004
- form_type: 8-K
- ticker: KRMN
- cik: 0002040127
- company_name: Karman Holdings Inc.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2040127/000204012726000004/0002040127-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2040127/000204012726000004/krmn-20260325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002040127-26-000004
- JSON: https://secwatch.observer/filing/0002040127-26-000004.json
- Plain text: https://secwatch.observer/filing/0002040127-26-000004.txt

## Key facts
- Earnings Releases
  Karman Holdings Inc. reported full fiscal year 2026 results: revenue $715 million to $730 million. Guidance raised.
  - Period: full fiscal year 2026
  - Revenue: $715 million to $730 million
  - Guidance: raised
  - Result: guidance update
  source text: For the full fiscal year 2026, the Company increases its expectations for total revenue to between $715 million and $730 million, and for non-GAAP Adjusted EBITDA to between $207 million and $218 million, excluding any future acquisitions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000204012726000004/0002040127-26-000004-index.htm
- Earnings Releases
  Karman Holdings Inc. reported fourth quarter and fiscal year ended December 31, 2025 results: revenue $134.5 million for the quarter; $471.5 million for the year, net income $7.7 million for the quarter; $17.4 million for the year, EPS $0.06 per fully diluted share for the quarter; $0.13 per fully diluted share for the year. Guidance raised.
  - Period: fourth quarter and fiscal year ended December 31, 2025
  - Revenue: $134.5 million for the quarter; $471.5 million for the year
  - Net income: $7.7 million for the quarter; $17.4 million for the year
  - EPS: $0.06 per fully diluted share for the quarter; $0.13 per fully diluted share for the year
  - Guidance: raised
  - Result: reported results
  source text: Produced record quarterly revenue of $134.5 million, up 47.4% year over year • Generated record quarterly net income of $7.7 million, a 358% year over year increase, and earnings per fully diluted share of $0.06
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000204012726000004/0002040127-26-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.