Growth Metrics

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

Karman Holdings (KRMN) reported 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% on a QoQ basis from $32.6 million in Q4 2025.

Karman Holdings (KRMN) has 3 years of Operating Expenses data on file, last reported at $42.4 million in Q1 2026.

  • Quarterly Operating Expenses rose 43.83% year-over-year to $42.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $130.0 million (up 57.51% YoY) and the FY2025 annual result came in at $117.1 million, up 70.8% from the prior year.
  • Operating Expenses rose 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.
  • The 3-year median for Operating Expenses is $26.9 million (2025), against an average of $25.3 million.
  • The widest annual swing landed in 2025, when Operating Expenses surged 90.23%; it then jumped 43.83% in 2026.
  • Tracing KRMN's Operating Expenses over 3 years: 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.
  • Per Business Quant, the three latest KRMN Operating Expenses figures stand at $42.4 million (Q1 2026), $32.6 million (Q4 2025), and $28.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 10.18 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 19.59 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 2.10 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 120.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 12.06 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 132.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 8.89 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 273.00 Mn
10 Karman Holdings 8.49 Bn 8.42 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