Karman Holdings (KRMN) Q4 FY2024 earnings: revenue $91 million

Karman Holdings Inc. (KRMN) reported revenue of $91 million for Q4 FY2024, the quarter ended 31 December 2024. Net income was $2 million, and diluted earnings per share $0.01. The figures are the company's own, from the 10-K it filed with the SEC on 10 April 2025.

Revenue$91 million

Net income$2 million

Diluted EPS$0.01

QuarterQ4 FY2024ended 31 December 2024

The quarter, against the one before and a year earlier

Line	Q4 FY2024	Q3 FY2024	A year earlier	Change on the year
Revenue	91.2	86.0	n/a	n/a
Cost of revenue	56.5	52.2	n/a	n/a
Gross profit	34.7	33.8	n/a	n/a
Gross margin	38.1%	39.3%	n/a
Operating income	14.4	17.4	n/a	n/a
Operating margin	15.8%	20.2%	n/a
Interest expense	12.7	12.5	n/a	n/a
Pre-tax income	2.0	5.2	n/a	n/a
Income tax	0.3	0.9	n/a	n/a
Effective tax rate	15.0%	17.9%	n/a
Net income	1.7	4.3	n/a	n/a
Net margin	1.8%	5.0%	n/a
Diluted EPS	$0.01	$0.03	n/a	n/a

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q4 FY2024	Q3 FY2024	A year earlier	Change on the year
Operating cash flow	7.6	9.9	n/a	n/a
Capital expenditure	4.0	4.6	n/a	n/a
Free cash flow	3.6	5.3	n/a	n/a
Free cash flow margin	3.9%	6.2%	n/a
Cash from investing	-4.3	-4.6	n/a	n/a
Cash from financing	0.6	-2.3	n/a	n/a
Depreciation and amortisation	9.0	8.1	n/a	n/a
Share-based compensation	0.2	0.2	n/a	n/a
Diluted shares, weighted	167m	167m	n/a	n/a
Shares outstanding at period end	0	132m	n/a	n/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q4 FY2024	Q3 FY2024	A year earlier	Change on the year
Shareholders' equity	196	194	n/a	n/a
Debt	327	n/a	n/a	n/a
Operating lease liabilities	5.3	n/a	n/a	n/a
Finance lease liabilities	78.0	n/a	n/a	n/a
Other liabilities	168	n/a	n/a	n/a
Total liabilities and equity	774	n/a	n/a	n/a
Fixed assets	60.9	n/a	n/a	n/a
Goodwill	225	n/a	n/a	n/a
Intangible assets	209	n/a	n/a	n/a
Cash and equivalents	11.5	7.7	n/a	n/a
Receivables	55.2	n/a	n/a	n/a
Inventory	9.9	n/a	n/a	n/a
Other assets	202	n/a	n/a	n/a
Total assets	774	n/a	n/a	n/a

Questions

What was Karman Holdings' revenue in Q4 FY2024?

Karman Holdings (KRMN) reported revenue of $91 million for Q4 FY2024, the quarter ended 31 December 2024.

How much did Karman Holdings earn in Q4 FY2024?

Net income for Q4 FY2024 was $2 million, and diluted earnings per share $0.01.

When did Karman Holdings report Q4 FY2024 results?

Karman Holdings filed its 10-K for the year that ended with the quarter on 10 April 2025; the fourth quarter is the year less the first three.

Quarterly results, the last 10 quarters

	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	83.0	85.0	86.0	91.2	100	115	122	134	151	182
Cost of revenue	54.0	50.4	52.2	56.5	60.7	68.1	71.8	80.9	87.3	104
Gross profit	29.0	34.6	33.8	34.7	39.5	47.0	49.9	53.6	63.9	78.2
Gross margin	35%	41%	39%	38%	39%	41%	41%	40%	42%	43%
Operating income	13.5	18.3	17.4	14.4	10.0	20.1	21.8	21.1	21.5	34.8
Operating margin	16%	21%	20%	16%	10%	17%	18%	16%	14%	19%
Interest expense	12.1	13.4	12.5	12.7	11.4	11.9	10.0	11.3	12.6	15.3
Pre-tax income	2.2	4.9	5.2	2.0	-1.5	8.6	11.9	13.6	8.6	19.3
Tax rate	4%	6%	18%	15%	n/a	21%	36%	43%	10%	27%
Net income	2.1	4.6	4.3	1.7	-4.8	6.8	7.6	7.7	7.8	14.0
Net margin	3%	5%	5%	2%	-5%	6%	6%	6%	5%	8%
Diluted EPS	$0.01	$0.03	$0.03	$0.01	-$0.04	$0.05	$0.06	$0.06	$0.06	$0.11
Operating cash flow	3.1	6.1	9.9	7.6	-13.6	-17.4	0.1	8.7	0.2	-3.2
Capital expenditure	1.6	5.1	4.6	4.0	5.0	3.6	7.0	4.7	7.4	14.5
Free cash flow	1.5	1.1	5.3	3.6	-18.6	-21.0	-6.8	4.0	-7.2	-17.7
Shares outstanding	132m	132m	132m	0	132m	132m	132m	132m	133m	133m
Filing	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-K for the period ended 31 December 2024, filed 10 April 2025, accession 0000950170-25-052639: the filing on EDGAR. All of Karman Holdings Inc.'s filings: EDGAR company page.

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