Karman Space & Defense — Third Quarter Fiscal Year 2026 Earnings Summary

Karman Space & Defense reported record third-quarter fiscal 2026 revenue of $201.6 million, representing a 65.6% year-over-year increase driven by growth in hypersonics, tactical missiles, and maritime defense systems. The company achieved a net income of $20.9 million and adjusted EBITDA of $60.5 million, while expanding its backlog to a record $1.7 billion following the acquisition of Walker Precision Holdings Limited. Management raised its full-year 2026 revenue guidance to a range of $755 million to $760 million and adjusted EBITDA guidance to $225 million to $227 million.