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Karman Holdings Inc.

corporate_fare Company Profile

Karman Holdings Inc.

KRMN·NYSE·Manufacturing·CIK 0002040127

Our Company specializes in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging, high-priority missile and defense, and space programs. Our integrated payload protection, interstage, and propulsion system solutions are deployed across a wide variety of existing and emerging programs supporting Department of War ("DoW") and space sector initiatives. For the years ending December 31, 2025 and 2024, no single program out of the more than 130 active programs in production and development accounted for more than 12% of our revenue, on average, for those twelve-month periods. Our revenue base is diversified across these active programs, supporting current production and next-generation space, missile, hypersonics, and defense applications. We organize our highly engineered solutions in three key families: Payload Protection and Deployment Systems, Aerodynamic Interstage Systems, and Propulsion Systems. Payload Protection and Deployment Systems include the full design and manufacturing of the top section of a booster, launch vehicle, payload, or missile system. Aerodynamic Interstage Systems support metallic and composite subsystems designed to enhance aerodynamics and enable different modes of interstage separation. Propulsion Systems include integrated solid rocket motors and supporting subsystems, critical subsystems for liquid-fueled rocket motors, launch systems, and ablative composites. We supply our solutions across three growing, core end markets: Hypersonics & Strategic Missile Defense, Tactical Missiles and Integrated Defense Systems, and Space and Launch. We serve a diverse customer base within these end-markets.

Karman Holdings Inc. (NYSE:KRMN) is a publicly traded company in the Manufacturing sector. Wiseek has independently scored 28 items for KRMN at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-11-06, rated 8/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 15 rated 8 or above. Recent SEC coverage for KRMN spans 10-Q, 8-K, 424B7, FWP.

Recent high-impact activity:

  • Karman 10-Q Details Record Q3: $201.6M Revenue, $1.67B Backlog, Material Weaknesses Persist
  • Karman Posts Record Q3: Revenue $202M, Net Income $21M, Guidance Raised
  • Karman Posts $21M Q3 Net Income as Defense Demand Builds
  • Karman Lands $218M Seven-Year Lockheed Deal for THAAD Shrouds
  • Karman Completes $95M Walker Acquisition, Adds $100M Term Loan

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$471.5M
Net Income
$17.37M
Diluted EPS
$0.13
Op. Cash Flow
-$22.12M
Free Cash Flow
-$42.45M
Gross Profit
$190.03M
Operating Income
$72.94M
Cash & Equivalents
$33.96M
Total Debt
$3.84M
Debt / Equity
0.01×
Net Margin
3.7%
Shares Outstanding
132.32M sh
Source: 10-K · filed 2026-04-02 · accession 0002040127-26-000014

Short Interest & Short Volume

5.26 days to cover

FINRA reported short interest of 15,091,393 shares in KRMN as of the October 15, 2026 settlement, a 5.1% decrease from the prior period — about 5.3 days to cover at its recent average daily volume. On November 5, 2026, 53.7% of KRMN volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)15,091,393 shares as of October 15, 2026
Change vs prior period▼ 5.1%
Days to cover5.26 at avg daily volume of 2,869,305
Daily short volume (FINRA facilities)53.7% of 1,901,494 shares on November 5, 2026
5-day average short volume67.7%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for KRMN, detected from its recent SEC filings.

1 shelf registration

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$43.38 +35.18% today
52-week range · as of 2026-11-06 $29.34 – $118.38
Market cap
$5.75B
Volume
6M (1.8× avg)
3-mo avg 3.3M
Live data · 2026-11-06 19:51 UTC · Market open

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feed KRMN - Latest Insights

KRMN
Nov 05, 2026, 9:40 PM EST
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $35.99
Real-time Price: $43.38 info
Change: +$7.39 (+21%) info
Market Cap: $5.749B info
KRMN
Nov 05, 2026, 4:17 PM EST
Filing Type: 8-K
Importance Score:
8
Updated Nov 5, 8:23 PM ET — Karman Holdings Inc reported quarterly adjusted earnings of 19 cents per share for the quarter ended September 30, versus the mean expectat…
Price at Filing: $35.02
Real-time Price: $43.38 info
Change: +$8.36 (+24%) info
Market Cap: $5.749B info
KRMN
Nov 05, 2026, 4:10 PM EST
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $32.09
Real-time Price: $43.38 info
Change: +$11.29 (+35%) info
Market Cap: $5.749B info
KRMN
Oct 20, 2026, 8:10 AM EDT
Source: Seeking Alpha
Importance Score:
8
Price at Filing: $34.30
Real-time Price: $43.38 info
Change: +$9.08 (+26%) info
Market Cap: $5.749B info
KRMN
Aug 28, 2026, 4:15 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $45.57
Real-time Price: $43.38 info
Change: -$2.19 (-5%) info
Market Cap: $5.749B info
KRMN
Aug 10, 2026, 7:13 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $62.36
Real-time Price: $43.38 info
Change: -$18.98 (-30%) info
Market Cap: $5.749B info
KRMN
Aug 06, 2026, 4:21 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $61.20
Real-time Price: $43.38 info
Change: -$17.82 (-29%) info
Market Cap: $5.749B info
KRMN
Jul 20, 2026, 8:30 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $46.58
Real-time Price: $43.38 info
Change: -$3.20 (-7%) info
Market Cap: $5.749B info
KRMN
Jun 11, 2026, 4:59 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $49.50
Real-time Price: $43.38 info
Change: -$6.12 (-12%) info
Market Cap: $5.749B info
KRMN
Jun 01, 2026, 5:28 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $54.37
Real-time Price: $43.38 info
Change: -$10.99 (-20%) info
Market Cap: $5.749B info
KRMN
May 29, 2026, 5:24 PM EDT
Filing Type: 424B7
Importance Score:
9
Price at Filing: $58.00
Real-time Price: $43.38 info
Change: -$14.62 (-25%) info
Market Cap: $5.749B info
KRMN
May 28, 2026, 11:36 PM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $61.25
Real-time Price: $43.38 info
Change: -$17.87 (-29%) info
Market Cap: $5.749B info
KRMN
May 28, 2026, 5:22 PM EDT
Filing Type: FWP
Importance Score:
8
Price at Filing: $62.50
Real-time Price: $43.38 info
Change: -$19.12 (-31%) info
Market Cap: $5.749B info
KRMN
May 28, 2026, 4:36 PM EDT
Filing Type: 424B7
Importance Score:
9
Price at Filing: $62.50
Real-time Price: $43.38 info
Change: -$19.12 (-31%) info
Market Cap: $5.749B info
KRMN
May 28, 2026, 4:33 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $62.50
Real-time Price: $43.38 info
Change: -$19.12 (-31%) info
Market Cap: $5.749B info
KRMN
May 13, 2026, 6:17 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $68.72
Real-time Price: $43.38 info
Change: -$25.34 (-37%) info
Market Cap: $5.749B info
KRMN
May 13, 2026, 5:40 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $58.00
Real-time Price: $43.38 info
Change: -$14.62 (-25%) info
Market Cap: $5.749B info
KRMN
May 12, 2026, 4:22 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $57.52
Real-time Price: $43.38 info
Change: -$14.14 (-25%) info
Market Cap: $5.749B info
KRMN
May 12, 2026, 4:16 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $57.00
Real-time Price: $43.38 info
Change: -$13.62 (-24%) info
Market Cap: $5.749B info
KRMN
Apr 08, 2026, 4:45 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $87.77
Real-time Price: $43.38 info
Change: -$44.39 (-51%) info
Market Cap: $5.749B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets