Karman Holdings Lifts 2026 Revenue Guidance After 37% Sales Surge
KRMN•Karman Holdings posted record fiscal 2025 revenue of US$471.5 million, a 37% increase driven by stronger demand for payload-protection and propulsion systems. The company raised fiscal 2026 revenue guidance to US$720–735 million, reflecting expanded bookings in missile-defense and hypersonic markets.
1. Record Fiscal 2025 Revenue
Karman Holdings reported fiscal 2025 revenue of US$471.5 million, marking a 37% year-over-year increase. The surge was led by higher sales of its payload-protection, propulsion, and interstage systems for missile-defense and hypersonic applications.
2. Raised Fiscal 2026 Guidance
The company raised its fiscal 2026 revenue guidance to a range of US$720–735 million. Management cited growing defense budgets and expanded contract awards in hypersonic testing and space-launch programs as key drivers of the outlook.



