{"data":{"ticker":"KRMN","slug":"karman-holdings","name":"Karman Holdings","exchange":"NYSE","sector":"Industrials","headquarters":"Huntington Beach, California","ceo":"Jonathan P. Rambeau","employees":1400,"website":"https://karman-sd.com","founded":"2020","layers":[{"slug":"defense-ai","name":"Defense & Aerospace AI"}],"exposure":{"score":12,"tier":"Peripheral","rationale":"Karman supplies missile, hypersonics, and space propulsion components to defense primes. Its growth rides munitions restocking and hypersonics budgets, where AI-enabled weapons are a demand backdrop rather than what Karman itself sells."},"quote":{"price":45.61,"change24hPct":42.13,"change7dPct":14.17,"change30dPct":43.93,"change1yPct":-35.47,"high52w":115.29,"low52w":30.14,"marketCap":6044862464,"peRatio":162.89,"eps":0.28,"volume24h":463513905},"nextEarningsDate":"2026-11-05","summary":"Karman Holdings supplies components for missiles, hypersonic weapons, and space launch systems. It makes money selling propulsion systems and precision structures to defense prime contractors and space companies.","explainer":["Karman Holdings supplies components for missiles, hypersonic weapons, and space launch systems. It makes money selling propulsion systems and precision structures to defense prime contractors and space companies.","Its product set centers on hypersonics components, the parts that survive extreme speed and heat, and missile systems content across a range of defense programs. Karman works as a subcontractor rather than a prime, supplying engineered hardware into programs run by larger defense and space companies.","Founded in 2020 and headquartered in Huntington Beach, California, Karman trades on the NYSE and employs about 1,400 people, led by CEO Jonathan P. Rambeau."],"buildoutRole":"Karman sits in the Defense & Aerospace AI layer of the AI buildout, but at its edge. It supplies the physical layer of modern weapons: propulsion, structures, and hypersonics components sold to defense primes. Demand rides munitions restocking and hypersonics budgets, and AI-enabled weapons are part of the backdrop pushing those budgets higher. Karman itself does not sell AI, so its exposure is indirect: it builds hardware for an arsenal that is getting smarter around it.","faq":[{"q":"What does Karman Holdings do?","a":"Karman supplies missile, hypersonics, and space propulsion components to defense prime contractors and space companies. Its parts go into munitions, hypersonic weapons, and launch systems."},{"q":"How is Karman exposed to AI?","a":"Indirectly. Its growth rides munitions restocking and hypersonics budgets, where AI-enabled weapons are a demand backdrop rather than something Karman sells. Supercycle rates it an AI Exposure Score of 12 out of 100."},{"q":"What are Karman's main products?","a":"Hypersonics components built to survive extreme speed and heat, missile systems content across defense programs, and space propulsion systems for launch vehicles."},{"q":"Is KRMN a pure play AI stock?","a":"No. Karman is a defense components supplier whose products are hardware, not AI. Its AI Exposure Score of 12 out of 100 reflects indirect exposure through defense modernization budgets."},{"q":"Where is Karman based and who leads it?","a":"Karman Holdings is headquartered in Huntington Beach, California, and is led by CEO Jonathan P. Rambeau. The company was founded in 2020 and employs about 1,400 people."}],"history1y":[{"date":"2026-09-28","close":33.68},{"date":"2026-09-29","close":32.86},{"date":"2026-09-30","close":32.42},{"date":"2026-10-01","close":31.89},{"date":"2026-10-02","close":34.14},{"date":"2026-10-05","close":33.02},{"date":"2026-10-06","close":33.29},{"date":"2026-10-07","close":31.39},{"date":"2026-10-08","close":31.69},{"date":"2026-10-09","close":32.59},{"date":"2026-10-12","close":31.88},{"date":"2026-10-13","close":30.15},{"date":"2026-10-14","close":30.14},{"date":"2026-10-15","close":33.9},{"date":"2026-10-16","close":34.68},{"date":"2026-10-19","close":33.91},{"date":"2026-10-20","close":35.03},{"date":"2026-10-21","close":35.27},{"date":"2026-10-22","close":34.58},{"date":"2026-10-23","close":36.65},{"date":"2026-10-26","close":36.97},{"date":"2026-10-27","close":37.73},{"date":"2026-10-28","close":37.98},{"date":"2026-10-29","close":41.69},{"date":"2026-10-30","close":39.95},{"date":"2026-11-02","close":39.13},{"date":"2026-11-03","close":39.51},{"date":"2026-11-04","close":34.17},{"date":"2026-11-05","close":32.09},{"date":"2026-11-06","close":45.61}],"incomeStatements":[{"ticker":"KRMN","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":471500000,"cost_of_revenue":281474000,"gross_profit":190026000,"operating_expense":0,"operating_income":72942000,"net_income":17366000,"earnings_per_share":0.13,"earnings_per_share_diluted":0.13,"research_and_development":0,"selling_general_and_administrative_expenses":85656000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"KRMN","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":345251000,"cost_of_revenue":213140000,"gross_profit":132111000,"operating_expense":0,"operating_income":63560000,"net_income":12701000,"earnings_per_share":0.0961,"earnings_per_share_diluted":0.0961,"research_and_development":0,"selling_general_and_administrative_expenses":44421000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"KRMN","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":280705000,"cost_of_revenue":175156000,"gross_profit":105549000,"operating_expense":0,"operating_income":48494000,"net_income":4359000,"earnings_per_share":0.0352,"earnings_per_share_diluted":0.0352,"research_and_development":0,"selling_general_and_administrative_expenses":36623000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"KRMN","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":226310299,"cost_of_revenue":145364015,"gross_profit":80946284,"operating_expense":0,"operating_income":20434830,"net_income":-14098619,"earnings_per_share":-0.1139,"earnings_per_share_diluted":-0.1139,"research_and_development":0,"selling_general_and_administrative_expenses":30036084,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"KRMN","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":1104096000,"current_assets":291403000,"cash_and_equivalents":33959000,"total_liabilities":721405000,"current_liabilities":88667000,"total_debt":587308000,"shareholders_equity":382691000,"retained_earnings":9029000},{"ticker":"KRMN","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":773960000,"current_assets":201711000,"cash_and_equivalents":11530000,"total_liabilities":577964000,"current_liabilities":114607000,"total_debt":447868000,"shareholders_equity":195996000,"retained_earnings":-8337000},{"ticker":"KRMN","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":710832054,"current_assets":157694297,"cash_and_equivalents":5454710,"total_liabilities":528372721,"current_liabilities":87069953,"total_debt":409332226,"shareholders_equity":0,"retained_earnings":-21037745},{"ticker":"KRMN","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":682593156,"current_assets":119732690,"cash_and_equivalents":6625814,"total_liabilities":504996303,"current_liabilities":58304000,"total_debt":403578991,"shareholders_equity":0,"retained_earnings":-25397150}],"holders13f":[],"news":[{"title":"Karman Holdings (KRMN) Stock May Still Trade Above Fair Value Following Its 58% Slump","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/karman-holdings-krmn-stock-may-181923062.html?.tsrc=rss","date":"2026-11-06"},{"title":"Karman Holdings (KRMN) Wins Mars Mission Parachute Design Contract","source":null,"url":"https://finance.yahoo.com/technology/articles/karman-holdings-krmn-wins-mars-151402470.html?.tsrc=rss","date":"2026-11-06"},{"title":"Karman Holdings Inc (KRMN) Q3 2026 Earnings Call Highlights: Record Revenue, $1. ...","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/karman-holdings-inc-krmn-q3-072119373.html?.tsrc=rss","date":"2026-11-06"},{"title":"Karman Holdings (KRMN) Q3 2026 Earnings Call Transcript","source":null,"url":"https://www.fool.com/earnings/call-transcripts/2026/11/06/karman-holdings-krmn-q3-2026-earnings-call-transcript/?.tsrc=rss","date":"2026-11-06"},{"title":"Karman Holdings Inc. (KRMN) Q3 Earnings and Revenues Surpass Estimates","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/karman-holdings-inc-krmn-q3-000013545.html?.tsrc=rss","date":"2026-11-06"},{"title":"Karman Holdings Inc. (KRMN) Reports Q3 Earnings: What Key Metrics Have to Say","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/karman-holdings-inc-krmn-reports-233003124.html?.tsrc=rss","date":"2026-11-05"},{"title":"Karman Space & Defense Reports Third Quarter Fiscal Year 2026 Financial Results","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/karman-space-defense-reports-third-211000860.html?.tsrc=rss","date":"2026-11-05"},{"title":"Defense Stocks Tumble After Midterm Rebuke Of Iran War","source":null,"url":"https://finance.yahoo.com/m/53ded892-f11b-327b-9c54-be8129c7bb63/defense-stocks-tumble-after.html?.tsrc=rss","date":"2026-11-04"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.674Z","tier":"free","source":"https://supercyclehq.com/stock/karman-holdings","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/KRMN","html":"https://supercyclehq.com/stock/karman-holdings","md":"https://supercyclehq.com/stock/karman-holdings.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}