Karman Holdings Inc.

For the period ended Sep 30, 2026. Filed Nov 6, 2026.

About this filing

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, 2026 · Filed Nov 6, 2026

KRMN$45.90+0.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except par value and share data)

	September 30,	December 31,
	2026	2025
ASSETS
Current assets:
Cash and cash equivalents	$68,168	$33,959
Accounts receivable, net	122,613	78,716
Contract assets	208,275	156,298
Inventory	32,660	10,662
Prepaid and other current assets	20,820	11,768
Total current assets	452,536	291,403
Property, plant and equipment	199,505	134,793
Less accumulated depreciation	(51,146)	(39,384)
Net property, plant and equipment	148,359	95,409
Other assets:
Goodwill	550,638	352,513
Intangible assets, net	354,019	285,888
Operating lease right-of-use assets	18,673	6,021
Finance lease right-of-use assets	110,147	66,193
Other non-current assets	8,832	6,669
Total other assets	1,042,309	717,284
Total assets	$1,643,204	$1,104,096
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$59,916	$31,632
Accrued payroll and related expenses	18,595	13,776
Contract liabilities	42,495	22,814
Current portion of operating lease liabilities	2,970	1,815
Current portion of finance lease liabilities	5,204	4,401
Current portion of term loan	7,312	3,836
Income taxes payable	—	5,299
Other current liabilities	9,617	5,094
Total current liabilities	146,109	88,667
Long-term debt, net of current	851,495	495,312
Operating lease liabilities, net of current	16,500	4,949
Finance lease liabilities, net of current	125,567	76,995
Other non-current liabilities	13,288	7,650
Deferred tax liabilities	48,485	47,832
Total liabilities	1,201,444	721,405
Commitments and contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $0.001 par value; authorized — 100,000,000 shares; issued and outstanding — none	—	—
Common stock, $0.001 par value; authorized — 1,000,000,000 shares; issued and outstanding — 132,533,708 and 132,322,435, as of September 30, 2026 and December 31, 2025, respectively	133	132
Additional paid-in capital	391,936	373,455
Accumulated other comprehensive income (loss)	(2,072)	75
Retained earnings	51,763	9,029
Total stockholders’ equity	441,760	382,691
Total liabilities and stockholders’ equity	$1,643,204	$1,104,096

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.