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Karman Holdings Inc. KRMN Deferred Revenue

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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$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:ContractWithCustomerLiabilityCurrent.

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 liabilities
Accounts payable$38,425$31,632
Accrued payroll and related expenses12,90113,776
Contract liabilities25,75222,814
Current portion of operating lease liabilities2,2541,815
Current portion of finance lease liabilities4,5534,401
Short term notes payable, net of debt issuance costs5,6103,836
Income taxes payable5,1065,299

Item 1. Financial Statements

FAQ

What is Karman Holdings Inc.'s deferred revenue?
Karman Holdings Inc. (KRMN) reported deferred revenue of $25.75M in Q1 2026.
How has Karman Holdings Inc.'s deferred revenue changed year-over-year?
Karman Holdings Inc.'s deferred revenue decreased by 1.0% year-over-year, from $26M to $25.75M.
What is the long-term trend for Karman Holdings Inc.'s deferred revenue?
Over 3 years (2022 to 2025), Karman Holdings Inc.'s deferred revenue has grown at a 12.4% compound annual growth rate (CAGR), from $16.07M to $22.81M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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