Karman reported Q1 FY2026 adjusted EPS of $0.11, matching estimates, with revenue $151.2 million, up 51% YoY.
GAAP net income turned positive at $7.8 million ($0.06 per share) versus a $4.8 million loss a year earlier.
Full‑year revenue guidance raised to $720‑$735 million and adjusted EBITDA target set at $208.5‑$219.5 million.
Shares fell 4.8% after hours despite a 6.22% pre‑market rise, as backlog hit $1.0 billion, up 61% YoY.