secwatch.observer — SEC 8-K summary
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Issuer:     Karman Holdings Inc. (KRMN)
CIK:        0002040127
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0002040127-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2040127/000204012726000004/0002040127-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2040127/000204012726000004/krmn-20260325.htm
  HTML page:      https://secwatch.observer/filing/0002040127-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer