Quarterly ResultAug 11, 2026, 06:08 AM
Karman Holdings Q2 Revenue +58.2%; Net Income +106.2%
AI Summary
Karman Holdings Inc. reported strong financial results for the second quarter and first half of 2026. Revenue for Q2 increased by 58.2% to $182.1 million, with net income surging by 106.2% to $14.0 million. The company also completed the acquisition of Seemann Composites and Materials Sciences in Q1 2026, contributing to significant growth across its defense and space end-markets.
Key Highlights
- Acquired Seemann Composites and Materials Sciences in Q1 2026.
- Q2 2026 revenue increased 58.2% to $182.1 million from $115.1 million in Q2 2025.
- Q2 2026 net income rose 106.2% to $14.0 million, up from $6.8 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.11, compared to $0.05 in Q2 2025.
- Total assets grew 30.8% to $1.44 billion as of June 30, 2026.
- Net cash used in operating activities improved to $(3.0) million from $(31.0) million.
- Maritime Defense Systems revenue reached $59.97 million for six months ended June 30, 2026.
Price Impact
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