Karman Holdings 2025 Q3 Earnings Revenue Surges 42% but EPS Misses Targets

Karman Holdings (KRMN) reported Q3 2025 earnings with revenue exceeding expectations but missing EPS forecasts. The company raised full-year guidance amid strong demand in defense and space markets, though investors reacted negatively to the earnings shortfall.

Revenue

, driven by robust growth across all three business segments. , , . The performance reflects strong demand for missile defense systems and space launch programs.

Earnings/Net Income

, . Despite the EPS increase, , highlighting a significant negative surprise that impacted investor sentiment.

Post-Earnings Price Action Review

The strategy of buying Karman Holdings after a revenue miss and holding for 30 days appears risky. , signaling potential operational challenges. Following the earnings release, , reflecting waning investor confidence. , . While Raymond James maintains a Strong Buy rating, .

Additional News

, enhancing its expertise in rocket engine components. , increasing leverage but signaling aggressive growth intentions. Additionally, , reflecting confidence in the company’s long-term defense and space market positioning.

CEO Commentary

CEO emphasized Karman’s role as a “new kind of space and defense company,” leveraging rapid growth in missile production and space launch demand. .

Guidance

. For 2026, , though uncertainties around defense funding and supply chain risks remain.

Additional News

, reducing private equity ownership. Meanwhile, , though timing of government contracts remains a wildcard.

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. While the company’s strategic investments in M&A and debt financing underscore expansion ambitions, investors must weigh near-term volatility against long-term defense sector tailwinds.