Karman Holdings Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
KRMN$43.91-4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
(in thousands, except per share and per unit amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $121,787 | $85,968 | $337,008 | $254,013 |
| Cost of goods sold | 71,847 | 52,184 | 200,596 | 156,635 |
| Gross profit | 49,940 | 33,784 | 136,412 | 97,378 |
| Operating expenses | ||||
| General and administrative expenses | 19,996 | 11,187 | 62,714 | 31,269 |
| Depreciation and amortization expense | 8,132 | 5,190 | 21,819 | 16,921 |
| Operating expenses | 28,128 | 16,377 | 84,533 | 48,190 |
| Net operating income | 21,812 | 17,407 | 51,879 | 49,188 |
| Interest expense, net | (10,002) | (12,533) | (33,268) | (37,994) |
| Other income | 51 | 351 | 351 | 1,157 |
| Income before provision for income taxes | 11,861 | 5,225 | 18,962 | 12,351 |
| Provision for income taxes | (4,217) | (933) | (9,309) | (1,333) |
| Net income | 7,644 | 4,292 | 9,653 | 11,018 |
| Net income per common share or unit, basic and diluted, respectively | $0.06 | $0.03 | $0.07 | $0.07 |
| Weighted-average common share and units outstanding, basic and diluted, respectively | 132,322 | 166,737 | 132,322 | 166,737 |
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