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AI brief of an SEC Form 8-K · Karman (KRMN)

Karman raises 2026 outlook after Q4 revenue rises 47.4% to $134.5 million

Positive Impact 4 of 5 earnings Written later

Karman Holdings reported fourth-quarter and full-year 2025 results, with revenue and net income both higher than in 2024. The company also raised its full-year 2026 guidance for revenue and adjusted EBITDA, citing the Seemann Composites and MSC acquisitions and higher demand.

Key points

  • Q4 2025 revenue was $134.5 million, up 47.4% year over year, and Q4 net income was $7.7 million, up from $1.7 million
  • Full-year 2025 revenue was $471.5 million, up 36.6%, and net income was $17.4 million, or $0.13 per diluted share
  • 2026 outlook raised to $715 million to $730 million in revenue and $207 million to $218 million in non-GAAP adjusted EBITDA, excluding future acquisitions
  • Backlog was $801.1 million at December 31, 2025, and the company said it exceeded $1 billion as of March 20, 2026

The filing

CompanyKarman (KRMN)
Form8-K, current report
Filed with the SECMar 25, 2026, 4:16 PM ET
Accession number0002040127-26-000004

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 25, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.