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Contract Assets at other companies

Lockheed Martin logo
Lockheed MartinLMT
$16.04B+7.7%
Northrop Grumman logo
Northrop GrummanNOC
$7.95B+11.5%
GHM
Graham CorporationGHM
$65.88M+67.4%
Innovative Solutions & Support logo
Innovative Solutions & SupportISSC
$1.66M-6.4%
Leonardo DRS, Inc. logo
Leonardo DRS, Inc.DRS
$975M-0.7%
YSS
York Space SystemsYSS
$96.57M

Other financials

Income statement

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Revenue$151.2M+51.0%
Gross profit$63.9M+61.9%
Operating income$21.5M+115%
Net income$7.8M+262%
EPS (diluted)$0.06+250%

Balance sheet

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Cash & equivalents$73.8M-35.1%
Total debt$861.4M+109%
Total equity$405.7M+16.3%
Total assets$1.4B+62.0%

Cash flow

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Operating cash flow$209.0K+102%
CapEx$7.4M+46.3%
Free cash flow-$7.2M+61.5%

Valuation

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Market cap$7.3B+13.6%
Enterprise value$8.09B+18.0%
P/E243.8×-562×
P/S14×-2.4×

Profitability

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Gross margin41%+1.7pp
Operating margin16.2%-0.4pp
Net margin5.7%+4.1pp
FCF margin-6.7%-15.1pp

Returns & leverage

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Return on equity7.9%+5.8pp
Debt / equity2.1×+0.9×
Current ratio3.5×+0.2×

Where this comes from

Reported directly by Karman Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Karman Holdings Inc.’s 10-Q, filed May 14, 2026.

Filed
May 13, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222116
Line itemMarch 31 / 2026December 31, 2025
Current assets
Cash and cash equivalents$73,798$33,959
Accounts receivable, net98,61478,716
Contract assets169,370156,298
Inventory16,14010,662
Prepaid and other current assets12,37011,768
Total current assets370,292291,403
Property, plant and equipment150,149134,793

Item 1. Financial Statements

FAQ

What is Karman Holdings Inc.'s contract assets?
Karman Holdings Inc. (KRMN) reported contract assets of $169.37M in Q1 2026.
How has Karman Holdings Inc.'s contract assets changed year-over-year?
Karman Holdings Inc.'s contract assets increased by 38.7% year-over-year, from $122.15M to $169.37M.
What is the long-term trend for Karman Holdings Inc.'s contract assets?
Over 3 years (2022 to 2025), Karman Holdings Inc.'s contract assets has grown at a 36.6% compound annual growth rate (CAGR), from $61.32M to $156.3M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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