What is KRMN's contract assets?

KRMN (KRMN) reported contract assets of $169.37M in Q1 2026.

How has KRMN's contract assets changed year-over-year?

KRMN's contract assets increased by 38.7% year-over-year, from $122.15M to $169.37M.

What is the long-term trend for KRMN's contract assets?

Over 3 years (2022 to 2025), KRMN'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.

KRMN KRMN Contract Assets

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General ElectricGE

$3.44B+17.0%

Northrop GrummanNOC

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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$6.68B—

Enterprise value$7.46B—

P/E222.8×—

P/S12.8×—

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 KRMN in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: KRMN’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KRMN's contract assets?: KRMN (KRMN) reported contract assets of $169.37M in Q1 2026.
How has KRMN's contract assets changed year-over-year?: KRMN's contract assets increased by 38.7% year-over-year, from $122.15M to $169.37M.
What is the long-term trend for KRMN's contract assets?: Over 3 years (2022 to 2025), KRMN'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.