Karman Holdings (KRMN) Operating Expenses (2024 - 2026)

Karman Holdings (KRMN) posted quarterly Operating Expenses of $42.4 million for Q1 2026, up 43.83% YoY from $29.5 million in Q1 2025, and up 30.3% sequentially from $32.6 million in Q4 2025.

Karman Holdings (KRMN) Operating Expenses (2024 - 2026) Analysis & Trends

Karman Holdings has disclosed Operating Expenses across 3 years of filings, most recently posting $42.4 million for 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 grew to $42.4 million in Q1 2026, 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.
  • The 3-year median for Operating Expenses is $26.9 million (2025), against an average of $25.3 million.
  • Annual changes were most pronounced in 2025 — Operating Expenses jumped 90.23% — and 2026, when it soared 43.83%.
  • A 3-year view of Operating Expenses shows it 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.
  • According to Business Quant data, Operating Expenses over the past three periods registered $42.4 million, $32.6 million, and $28.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Karman Holdings 7.31 Mn -66.49 Mn 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