Karman Holdings Inc. (KRMN) reported a strong second quarter for 2026, with revenue rising to $182.1 million, up 58.2% from a year earlier. Gross profit climbed to $78.2 million, while operating profit increased to $34.8 million, reflecting broad improvement across the business.
Profitability also moved higher on the bottom line. Net income attributable to common shareholders reached $14.0 million, more than doubling from the prior-year period, and diluted earnings per share came in at $0.11, up 120% year over year.
On the balance sheet, cash and cash equivalents rose to $51.7 million, while total liabilities declined sharply to $236.6 million. Operating cash flow was muted in the quarter, but capital spending remained active, with purchases of property, plant and equipment totaling $7.4 million.
- Revenue: $182.1 million, up 58.2% year over year
- Net income: $14.0 million, up 106.1% year over year
- Diluted EPS: $0.11, up 120% year over year
- Cash and cash equivalents: $51.7 million
- Stock price moved up 8.81% after the release
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Karman Holdings Inc. Hedge Fund Activity
We have seen 218 institutional investors add shares of Karman Holdings Inc. stock to their portfolio, and 138 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 2,525,033 shares (+43.2%) to their portfolio in Q1 2026, for an estimated $202,128,891
- CASTLE HOOK PARTNERS LP added 2,493,778 shares (+inf%) to their portfolio in Q1 2026, for an estimated $199,626,928
- CAPITAL WORLD INVESTORS removed 1,087,978 shares (-53.4%) from their portfolio in Q1 2026, for an estimated $87,092,638
- LIDO ADVISORS, LLC added 922,814 shares (+28973.8%) to their portfolio in Q1 2026, for an estimated $73,871,260
- STEPHENS INVESTMENT MANAGEMENT GROUP LLC added 894,580 shares (+110.4%) to their portfolio in Q2 2026, for an estimated $44,657,433
- LORD, ABBETT & CO. LLC added 740,077 shares (+102.3%) to their portfolio in Q1 2026, for an estimated $59,243,163
- MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. added 728,238 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,353,640
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Karman Holdings Inc. Analyst Ratings
Wall Street analysts have issued reports on $KRMN in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- BWS Financial issued a "Sell" rating on 03/27/2026
To track analyst ratings and price targets for Karman Holdings Inc., check out Quiver Quantitative's $KRMN forecast page.
Karman Holdings Inc. Price Targets
Multiple analysts have issued price targets for $KRMN recently. We have seen 7 analysts offer price targets for $KRMN in the last 6 months, with a median target of $100.0.
Here are some recent targets:
- John Godyn from Citigroup set a target price of $76.0 on 07/01/2026
- Michael Leshock from Keybanc set a target price of $100.0 on 05/20/2026
- Clarke Jeffries from Piper Sandler set a target price of $114.0 on 05/19/2026
- Hamed Khorsand from BWS Financial set a target price of $37.0 on 05/18/2026
- Amit Daryanani from Evercore ISI Group set a target price of $100.0 on 05/13/2026
- Austin Bohlig from Needham set a target price of $125.0 on 04/09/2026
- Peter Arment from Baird set a target price of $135.0 on 03/20/2026
