Karman Holdings (KRMN) Operating Expenses (2024 - 2026)
Karman Holdings (KRMN) posted quarterly Operating Expenses of $42.4 million for Q1 2026, up 43.83% year-over-year from $29.5 million in Q1 2025, and up 30.3% quarter-over-quarter from $32.6 million in Q4 2025.
Karman Holdings (KRMN) Operating Expenses (2024 - 2026) Analysis & Trends
Karman Holdings (KRMN) has reported Operating Expenses for 3 consecutive years, with $42.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 43.83% year-over-year to $42.4 million; the TTM figure through Mar 2026 stood at $130.0 million (up 57.51% YoY), while the FY2025 annual figure was $117.1 million, up 70.8% from the prior year.
- Operating Expenses advanced to $42.4 million in Q1 2026 per KRMN's latest filing, from $32.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $42.4 million in Q1 2026 and bottomed at $15.5 million in Q1 2024.
- Historically, Operating Expenses has averaged $25.3 million across 3 years, with a median of $26.9 million in 2025.
- Annual changes were most pronounced in 2025 — Operating Expenses jumped 90.23% — and 2026, when it soared 43.83%.
- Karman Holdings' Operating Expenses stood at $20.4 million in 2024, then jumped by 59.87% to $32.6 million in 2025, then surged by 30.3% to $42.4 million in 2026.
- Business Quant data shows KRMN's Operating Expenses at $42.4 million in Q1 2026, $32.6 million in Q4 2025, and $28.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | Karman Holdings | 7.23 Bn | 7.17 Bn | 78.23 Mn | 43.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.41 Mn |
| Mar 31, 2026 | 42.41 Mn |
| Dec 31, 2025 | 32.55 Mn |
| Sep 30, 2025 | 28.13 Mn |
| Jun 30, 2025 | 26.92 Mn |
| Mar 31, 2025 | 29.49 Mn |
| Dec 31, 2024 | 20.36 Mn |
| Sep 30, 2024 | 16.38 Mn |
| Jun 30, 2024 | 16.31 Mn |
| Mar 31, 2024 | 15.50 Mn |