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

Karman Holdings (KRMN) reported Operating Margin of 14.19% for Q1 2026, up 424.0% year-over-year from 2.71% in Q1 2025, and up 142.35% quarter-over-quarter from 33.5% in Q4 2025.

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

Karman Holdings (KRMN) has 3 years of Operating Margin data on file, last reported at 14.19% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 14.19%, up 424.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.51% (down 1306.0% YoY), and the FY2025 annual result was 1.45%, down 1696.0% from the prior year.
  • Operating Margin rose to 14.19% in Q1 2026 per KRMN's latest filing, from 33.5% in the prior quarter.
  • Over five years, Operating Margin peaked at 21.5% in Q2 2024 and troughed at 33.5% in Q4 2025.
  • A 3-year average of 11.09% and a median of 16.26% in 2024 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2025 and 2026: Operating Margin slumped 4925 bps in 2025, then surged 424 bps in 2026.
  • A 3-year view of Operating Margin shows it stood at 15.75% in 2024, then sank by 313 bps to 33.5% in 2025, then soared by 142 bps to 14.19% in 2026.
  • Business Quant data shows KRMN's Operating Margin at 14.19% in Q1 2026, 33.5% in Q4 2025, and 17.91% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -90.05%
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -8.61%
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 11.57%
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.02%
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 11.45%
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 32.56%
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 10.53%
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 10.01%
10 Karman Holdings 6.29 Bn 6.22 Bn 63.87 Mn 14.19%

Historic Data

Download Data
DateValue
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%