Karman Q2 FY26 net income more than doubles to $14.03 million; revenue climbs 58.2% to $182.06 million

The company agreed to acquire Walker Precision Engineering for about $94 million and completed a debt repricing expected to cut annual interest expense by about $4 million.

Karman raised its FY2026 outlook to revenue of $730 million-$745 million and non-GAAP adjusted EBITDA of $215 million-$222.5 million.

Karman Holdings posted Q2 FY2026 net income of $14.03 million, up 106.1% year over year; diluted EPS rose to $0.11.

Revenue climbed 58.2% from a year earlier to $182.06 million. Quarterly bookings totaled nearly $500 million.

Non-GAAP adjusted EBITDA increased 54.7% year over year to $54.58 million. Backlog ended the quarter at a record $1.3 billion, up 65% since FY2025.