All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
4 warning events since 2024; the latest 2026-06-11.
From the record
Karman Holdings Inc.'s filings since 2024 show 4 warning events of 2 kinds: an auditor change (8-K item 4.01, 2 times, the latest 2026-06-11); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-04-01) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+27.7% a year over 4 filed years; profitable in 3 of 4.
From the record
Karman Holdings Inc.'s 4 filed years say what it did: revenue went from $226 million in fiscal 2022 to $472 million in fiscal 2025, up 27.7% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 3 of 4 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count shrank 6.0% a year. 0% of cash flow returned. Insiders: 8 sales, 3 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, Karman Holdings Inc.'s diluted share count shrank about 6.0% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 8 sales (8 under scheduled 10b5-1 plans) and 3 purchases of their own stock on the open market in the year to 2026-10-26, buying about $1 million (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 5%: 5¢ of profit per shareholder dollar. Leverage 65%: owes 65¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Karman Holdings Inc. earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count shrank 20.6% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 37% of 11 in its family; net margin 3.7%.
From the record
Karman Holdings Inc.'s standing among 11 graded names in its industry family: revenue of $472 million in fiscal 2025 ranks in the bottom 45% by size; a net margin of 3.7% ranks in the top 41%; revenue growth of 27.7% a year over the last 3 filed years ranks in the top 14% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 31% of 7 in its family for leadership; chief executive since 2026.
From the record
Karman Holdings Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Rambeau, Jon (Chief Executive Officer, as filed), filing under that title since 2026-04-02, 7 months (bottom 21% of its family); most of the 13 officers and directors filing now have filed since the record of its people begins (2025-02-12), a floor of 1.7 years the record cannot see past, so that part is not read; 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 40%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 47% of 11 in its family for room to expand.
From the record
Karman Holdings Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $34 million against no long-term debt tagged leaves 3.1% of its assets as net cash, top 41% of its family; cash from operations less capital spending is -9% of revenue (bottom 32%); a gross margin of 40.3% (top 32%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 46% of 11 in its family for growth drivers.
From the record
Karman Holdings Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 27.7% a year over the last three filed years against 27.7% over all 4, speeding up (bottom 27% of its family); the newest year grew 36.6% (top 5%); capital spending grew -1.5% a year (bottom 15%) (its annual reports). Karman Holdings Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 15% of 10 in its family for expectations against reality.
From the record
Karman Holdings Inc.'s newest year against its own record: revenue of $472 million in fiscal 2025 came in 10.6% above the $426 million its prior three years' pace pointed to (top 5% of its family); net income of $17 million against a prior three-year average of $987 thousand (top 5%); a net margin of 3.7% against -0.3% before (top 35%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made