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Karman (KRMN) Q1 FY26 earnings call

Earnings call· Mar 2026 (Q1 FY26)· Industrials· May 12, 2026

Source: earnings call transcript

Karman delivered a strong first quarter, marked by record financial results and an all-time high backlog, driven by robust demand across all end markets. The company raised its full-year guidance, reflecting increased visibility and new multi-year customer commitments. Strategic capacity expansions are underway to support future growth, with a continued focus on both organic and inorganic expansion.

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KRMN operating KPIs by quarter

KRMN operating KPIs stated on its earnings calls, by fiscal quarter
KPI Dec 2025 Q4 FY25This call Mar 2026 Q1 FY26 Jun 2026 Q2 FY26Change vs prior quarter
Backlog
$801M Adjusted EBITDA of $42 million, another quarterly record for Karman, and backlog reached an all-time high of $801 million. Source: earnings call transcript
$1B+ Record quarterly gross profit of $64 million, record quarterly adjusted EBITDA of $45 million, all-time high backlog of more than $1 billion. Source: earnings call transcript
$1.3B Record backlog of $1.3 billion, record quarterly bookings of nearly $500 million, initial fit-up of a 200,000 square foot factory in Salt Lake City with production capability online before the end of 2026. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.