Quarterly ResultAug 6, 2026, 04:32 PM
Karman Holdings Q2 Revenue $182.1M, Net Income $14.0M; Raises FY26 Outlook
AI Summary
Karman Holdings Inc. reported record financial results for the second quarter of fiscal year 2026, with revenue increasing 58.2% year-over-year to $182.1 million and net income rising 106.1% to $14.0 million. The company also announced the acquisition of Walker Precision Engineering for approximately $94 million, expanding its presence in the European defense market. Following strong performance, Karman Holdings raised its full-year 2026 outlook for revenue to $730-$745 million and adjusted EBITDA to $215-$222.5 million.
Key Highlights
- Record quarterly revenue of $182.1 million, up 58.2% year-over-year.
- Record quarterly net income of $14.0 million, up 106.1% year-over-year.
- Record non-GAAP adjusted EBITDA of $54.6 million, a 54.7% year-over-year increase.
- Agreement to acquire Walker Precision Engineering for approximately $94 million.
- Record backlog of $1.3 billion at the end of Q2 2026, up 65% from fiscal year 2025.
- Quarterly bookings of nearly $500 million, including a large multi-year contract.
- Raised full-year 2026 revenue outlook to between $730 million and $745 million.
- Raised full-year 2026 adjusted EBITDA outlook to between $215.0 million and $222.5 million.
Price Impact
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