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% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $42.4 million, up 43.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $130.0 million (up 57.51% YoY), and the FY2025 annual result was $117.1 million, up 70.8% from the prior year.
- Operating Expenses improved to $42.4 million in Q1 2026 per KRMN's latest filing, from $32.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $42.4 million in Q1 2026 and troughed at $15.5 million in Q1 2024.
- A 3-year average of $25.3 million and a median of $26.9 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 90.23% in 2025, then soared 43.83% in 2026.
- 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | 1.85 Mn |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | 10.18 Bn |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 19.59 Bn |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.10 Bn |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | - |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 120.00 Mn |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 12.06 Bn |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 8.89 Bn |
| 10 | Karman Holdings | 6.29 Bn | 6.22 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 |