Karman Holdings Inc.

For the period ended Jun 30, 2026. Filed Aug 11, 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.

Jun 30, 2026 · Filed Aug 11, 2026

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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Contents

Condensed Consolidated Balance Sheets

(in thousands, except par value and share data)

	June 30	December 31,
	2026	2025
ASSETS
Current assets
Cash and cash equivalents	$51,741	$33,959
Accounts receivable, net	114,960	78,716
Contract assets	187,120	156,298
Inventory	16,299	10,662
Prepaid and other current assets	14,660	11,768
Total current assets	384,780	291,403
Property, plant and equipment	172,981	134,793
Less accumulated depreciation	(46,727)	(39,384)
Net property, plant and equipment	126,254	95,409
Other assets
Goodwill	498,148	352,513
Intangible assets, net	326,758	285,888
Operating lease right-of-use assets	15,466	6,021
Finance lease right-of-use assets	85,181	66,193
Other assets	7,390	6,669
Total other assets	932,943	717,284
Total assets	$1,443,977	$1,104,096
LIABILITIES AND EQUITY
Current liabilities
Accounts payable	$45,382	$31,632
Accrued payroll and related expenses	14,805	13,776
Contract liabilities	26,154	22,814
Current portion of operating lease liabilities	2,464	1,815
Current portion of finance lease liabilities	5,009	4,401
Current portion of term note	5,610	3,836
Income taxes payable	2,077	5,299
Other current liabilities	6,728	5,094
Total current liabilities	108,229	88,667
Term note, net of current	751,327	495,312
Operating lease liabilities, net of current	13,725	4,949
Finance lease liabilities, net of current	97,130	76,995
Other liabilities	6,892	7,650
Deferred tax liabilities	45,577	47,832
Total liabilities	1,022,880	721,405
Commitments and contingencies (Note 15)
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 — 132,533,486 and 132,322,435, respectively	133	132
Additional paid in capital	390,034	373,455
Accumulated other comprehensive income	75	75
Retained earnings	30,855	9,029
Stockholders' equity	421,097	382,691
Total liabilities and stockholders' equity	$1,443,977	$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.