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
DateValue
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