Karman Holdings (KRMN) Operating Expenses (2024 - 2026)
Karman Holdings' (KRMN) quarterly Operating Expenses came in at $42.4 million in Q1 2026, up 43.83% year-on-year from $29.5 million in Q1 2025, and up 30.3% on a QoQ basis from $32.6 million in Q4 2025.
Karman Holdings (KRMN) Operating Expenses (2024 - 2026) Analysis & Trends
Karman Holdings (KRMN) has 3 years of Operating Expenses data on file, last reported at $42.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 43.83% year-over-year to $42.4 million in Q1 2026; TTM through Mar 2026 was $130.0 million, a 57.51% increase from a year earlier, with the FY2025 full-year figure at $117.1 million, up 70.8% from the prior year.
- Operating Expenses for Q1 2026 stood at $42.4 million, up from $32.6 million in the prior quarter.
- Over the last five years, Operating Expenses for KRMN reached as high as $42.4 million in Q1 2026 and fell as low as $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.
- Across the five-year window, Operating Expenses surged 90.23% in 2025 and jumped 43.83% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $20.4 million in 2024, then soared by 59.87% to $32.6 million in 2025, then jumped by 30.3% to $42.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $42.4 million in Q1 2026, $32.6 million in Q4 2025, and $28.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.45 Bn | 364.10 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 288.16 Bn | 279.85 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 167.44 Bn | 147.42 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 132.17 Bn | 128.38 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 112.99 Bn | 110.56 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 102.42 Bn | 98.09 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 75.81 Bn | 73.51 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 72.68 Bn | 68.79 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 50.93 Bn | 50.34 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Karman Holdings | 6.28 Bn | 6.21 Bn | 63.87 Mn | 42.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |