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Tuesday, Jun 30, 2026

Karman Space Posts 2024 Revenue, Profit Growth 

Shares rise after hours

Karman Space and Defense said today that FY 2024 revenue grew 23% to $345 million year over year while annual net income rose  to $12.7 million.
It was the first earnings statement since the company (NYSE: KRMN) went public in February.
For the full fiscal year 2025, the company said it expects total revenue to grow to between $423 million and $433 million.
Shares in Karman rose 1% to $28.11 in after-hours trading, while the market cap was  $3.7 billion at midday.
For further details, see the April 14 print edition.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal

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