Karman Holdings (KRMN) Free Cash Flow (2024 - 2026)
Karman Holdings' (KRMN) quarterly Free Cash Flow came in at -$17.7 million in Q2 2026, up 15.83% year-over-year from -$15.3 million in Q2 2025, and down 146.64% quarter-over-quarter from -$7.2 million in Q1 2026.
Analysis
Karman Holdings (KRMN) Free Cash Flow (2024 - 2026) Analysis & Trends
Karman Holdings (KRMN) has reported Free Cash Flow for 3 consecutive years, with -$17.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 15.83% year-over-year to -$17.7 million in Q2 2026; TTM through Jun 2026 was -$27.7 million, a 9.99% increase from a year earlier, with the FY2025 full-year figure at -$42.5 million, down 472.64% from the prior year.
- Free Cash Flow was -$17.7 million for Q2 2026 at Karman Holdings, down from -$7.2 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $5.3 million in Q3 2024 and troughed at -$21.0 million in Q2 2025.
- A 3-year average of -$5.6 million and a median of -$2.9 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow plunged 2088.45% in 2025 and surged 61.53% in 2026, its largest moves.
- Over 3 years, Free Cash Flow stood at $3.6 million in 2024, then rose by 12.58% to $4.0 million in 2025, then tumbled by 540.86% to -$17.7 million in 2026.
- The last three Free Cash Flow figures came in at -$17.7 million (Q2 2026), -$7.2 million (Q1 2026), and $4.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 2.92 Bn |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 1.65 Bn |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 414.00 Mn |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 978.00 Mn |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 771.00 Mn |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 236.73 Mn |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 284.70 Mn |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 151.73 Mn |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 761.00 Mn |
| 10 | Karman Holdings | 4.56 Bn | 4.51 Bn | 78.23 Mn | -17.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.67 Mn |
| Mar 31, 2026 | -7.17 Mn |
| Dec 31, 2025 | 4.01 Mn |
| Sep 30, 2025 | -6.84 Mn |
| Jun 30, 2025 | -21.00 Mn |
| Mar 31, 2025 | -18.63 Mn |
| Dec 31, 2024 | 3.56 Mn |
| Sep 30, 2024 | 5.32 Mn |
| Jun 30, 2024 | 1.06 Mn |
| Mar 31, 2024 | 1.45 Mn |