Karman Holdings (KRMN) Free Cash Flow (2024 - 2026)
Karman Holdings (KRMN) posted quarterly Free Cash Flow of -$7.2 million for Q1 2026, up 61.53% YoY from -$4.4 million in Q1 2025, and down 278.75% sequentially from $4.0 million in Q4 2025.
Karman Holdings (KRMN) Free Cash Flow (2024 - 2026) Analysis & Trends
Karman Holdings has disclosed Free Cash Flow across 3 years of filings, most recently posting -$7.2 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 61.53% year-over-year to -$7.2 million; the TTM figure through Mar 2026 stood at -$31.0 million (down 256.8% YoY), while the FY2025 annual figure was -$42.5 million, down 472.64% from the prior year.
- Free Cash Flow slipped to -$7.2 million in Q1 2026, from $4.0 million in the prior quarter.
- Over the last five years, Free Cash Flow for KRMN reached as high as $5.3 million in Q3 2024 and fell as low as -$21.0 million in Q2 2025.
- The 3-year median for Free Cash Flow is $1.1 million (2024), against an average of -$4.2 million.
- Annual changes were most pronounced in 2025 — Free Cash Flow sank 2088.45% — and 2026, when it soared 61.53%.
- A 3-year view of Free Cash Flow shows it stood at $3.6 million in 2024, then gained by 12.58% to $4.0 million in 2025, then slumped by 278.75% to -$7.2 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$7.2 million, $4.0 million, and -$6.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | -1.45 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 1.31 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 1.95 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | -291.00 Mn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 359.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 64.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | -1.82 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -71.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | -194.00 Mn |
| 10 | Karman Holdings | 7.31 Mn | -66.49 Mn | 63.87 Mn | -7.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.17 Mn |
| Mar 31, 2026 | -7.17 Mn |
| Dec 31, 2025 | 4.01 Mn |
| Dec 31, 2025 | 4.01 Mn |
| Sep 30, 2025 | -6.84 Mn |
| Sep 30, 2025 | -6.84 Mn |
| Jun 30, 2025 | -21.00 Mn |
| Jun 30, 2025 | -21.00 Mn |
| Mar 31, 2025 | -18.63 Mn |
| Mar 31, 2025 | -18.63 Mn |
| Dec 31, 2024 | 3.56 Mn |
| Dec 31, 2024 | 3.56 Mn |
| Sep 30, 2024 | 5.32 Mn |
| Sep 30, 2024 | 5.32 Mn |
| Jun 30, 2024 | 1.06 Mn |
| Jun 30, 2024 | 1.06 Mn |
| Mar 31, 2024 | 1.45 Mn |
| Mar 31, 2024 | 1.45 Mn |