KARMAN HOLDINGS INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $471.5M | $345.3M | $280.7M | $226.3M |
| Cost of Revenue | $281.5M | $213.1M | $175.2M | $145.4M |
| Gross Profit | $190.0M | $132.1M | $105.5M | $80.9M |
| Gross Margin | 40.3% | 38.3% | 37.6% | 35.8% |
| Operating Expenses | ||||
| Research & Development | — | — | — | — |
| SG&A Expense | $85.7M | $44.4M | $36.6M | $30.0M |
| Operating Income | $72.9M | $63.6M | $48.5M | $20.4M |
| Operating Margin | 15.5% | 18.4% | 17.3% | 9.0% |
| Interest Expense | $45.2M | $50.9M | $48.1M | $37.6M |
| Pretax Income | $32.5M | $14.3M | $1.2M | $-17.3M |
| Income Tax Expense | $15.2M | $1.6M | $-3.2M | $-3.2M |
| Net Income | $17.4M | $12.7M | $4.4M | $-14.1M |
| Net Margin | 3.7% | 3.7% | 1.6% | -6.2% |
| EPS (Basic) | $0.13 | $0.08 | $0.03 | $-0.09 |
| EPS (Diluted) | $0.13 | $0.08 | $0.03 | $-0.09 |
| Shares Outstanding (Basic) | 132.3M | 166.7M | 166.8M | 159.1M |
| Shares Outstanding (Diluted) | 132.3M | 166.7M | 166.8M | 159.1M |
| Dividends Per Share | — | — | — | — |