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Karman vs Park Aerospace: revenue, profit, margins and growth compared

Karman brought in $471.5M of revenue in fiscal 2025, Park Aerospace $73.3M in fiscal 2026. Revenue changed by +36.6% at Karman and +18.2% at Park Aerospace on the year before, so Karman grew faster. Karman kept 3.7% of its revenue as net profit, Park Aerospace 15.4%. Free cash flow was -$42.5M at Karman and $9.5M at Park Aerospace.

Side by side, latest fiscal year

KRMNPKE
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 1, 2026)
Revenue$471.5M$73.3M
Revenue growth+36.6%+18.2%
Net income$17.4M$11.3M
Net margin3.7%15.4%
Free cash flow-$42.5M$9.5M
Free cash flow margin-9.0%12.9%
Earnings per share (diluted)$0.13$0.56
Cash$34M$78.5M
Debt$3.8Mn/a
Price to earnings274.553.8
Market value$4.7B$654.9M
Dividend yieldn/an/a
Rank by revenue in sector#327 of 451 · Industrials#389 of 451 · Industrials

Over the years

Revenue
KRMN FY2022: $226.3MKRMN FY2024: $280.7MKRMN FY2024: $345.3MKRMN FY2025: $471.5MPKE FY2019: $51.1MPKE FY2020: $60MPKE FY2021: $46.3MPKE FY2022: $53.6MPKE FY2023: $54.1MPKE FY2024: $56MPKE FY2025: $62MPKE FY2026: $73.3MFY19FY20FY21FY22FY23FY24FY25FY26
KRMN $471.5MPKE $73.3M
Net income
KRMN FY2022: -$14.1MKRMN FY2024: $4.4MKRMN FY2024: $12.7MKRMN FY2025: $17.4MPKE FY2019: $113.5MPKE FY2020: $9.6MPKE FY2021: $4.9MPKE FY2022: $8.5MPKE FY2023: $10.7MPKE FY2024: $7.5MPKE FY2025: $5.9MPKE FY2026: $11.3MFY19FY20FY21FY22FY23FY24FY25FY26
KRMN $17.4MPKE $11.3M
Net margin
KRMN FY2022: -6.2%KRMN FY2024: 1.6%KRMN FY2024: 3.7%KRMN FY2025: 3.7%PKE FY2019: 222.1%PKE FY2020: 15.9%PKE FY2021: 10.5%PKE FY2022: 15.8%PKE FY2023: 19.9%PKE FY2024: 13.3%PKE FY2025: 9.5%PKE FY2026: 15.4%FY19FY20FY21FY22FY23FY24FY25FY26
KRMN 3.7%PKE 15.4%
Revenue growth
KRMN FY2024: +24.0%KRMN FY2024: +23.0%KRMN FY2025: +36.6%PKE FY2020: +17.4%PKE FY2021: -22.9%PKE FY2022: +15.8%PKE FY2023: +0.9%PKE FY2024: +3.6%PKE FY2025: +10.8%PKE FY2026: +18.2%FY20FY21FY22FY23FY24FY25FY26
KRMN +36.6%PKE +18.2%
Free cash flow
KRMN FY2022: -$27.2MKRMN FY2024: $3.6MKRMN FY2024: $11.4MKRMN FY2025: -$42.5MPKE FY2019: $4.8MPKE FY2020: -$1.6MPKE FY2021: $5.5MPKE FY2022: $3.8MPKE FY2023: $5.4MPKE FY2024: $3.8MPKE FY2025: $3.8MPKE FY2026: $9.5MFY19FY20FY21FY22FY23FY24FY25FY26
KRMN -$42.5MPKE $9.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Karman and Park Aerospace

Which is bigger by revenue, Karman or Park Aerospace?

Karman is bigger by revenue: $471.5M in fiscal 2025, against $73.3M for Park Aerospace in fiscal 2026.

Which keeps more of its revenue as profit, Karman or Park Aerospace?

Karman had a net margin of 3.7% in fiscal 2025; Park Aerospace had 15.4% in fiscal 2026.

Which grew revenue faster, Karman or Park Aerospace?

In their latest fiscal years revenue changed by +36.6% at Karman and +18.2% at Park Aerospace.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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