Karman Holdings (KRMN) Operating Margin (2024 - 2026)
Karman Holdings (KRMN) posted quarterly Operating Margin of 14.19% for Q1 2026, up 424.0% YoY from 2.71% in Q1 2025, and up 142.35% sequentially from 33.5% in Q4 2025.
Karman Holdings (KRMN) Operating Margin (2024 - 2026) Analysis & Trends
Karman Holdings has disclosed Operating Margin across 3 years of filings, most recently posting 14.19% for Q1 2026.
- In Q1 2026, Operating Margin rose 424.0% year-over-year to 14.19%; the TTM figure through Mar 2026 stood at 3.51% (down 1306.0% YoY), while the FY2025 annual figure was 1.45%, down 1696.0% from the prior year.
- Operating Margin advanced to 14.19% in Q1 2026, from 33.5% in the prior quarter.
- Over the last five years, Operating Margin for KRMN reached as high as 21.5% in Q2 2024 and fell as low as 33.5% in Q4 2025.
- The 3-year median for Operating Margin is 16.26% (2024), against an average of 11.09%.
- Annual changes were most pronounced in 2025 — Operating Margin plunged 4925 bps — and 2026, when it surged 424 bps.
- A 3-year view of Operating Margin shows it stood at 15.75% in 2024, then tumbled by 313 bps to 33.5% in 2025, then soared by 142 bps to 14.19% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 14.19%, 33.5%, and 17.91% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.02% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 11.57% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 10.53% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 32.56% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 46.31% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 10.01% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -27.94% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 11.35% |
| 10 | Karman Holdings | 7.31 Mn | -66.49 Mn | 63.87 Mn | 14.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.19% |
| Dec 31, 2025 | -33.50% |
| Sep 30, 2025 | 17.91% |
| Jun 30, 2025 | 17.47% |
| Mar 31, 2025 | 9.95% |
| Dec 31, 2024 | 15.75% |
| Sep 30, 2024 | 20.25% |
| Jun 30, 2024 | 21.50% |
| Mar 31, 2024 | 16.26% |