Karman Holdings is trading at $35.88, up 11.31%, after an earnings beat, raised outlook and record backlog provided a company-specific explanation for the move.

  • Third-quarter revenue reached a record $201.6 million, up 66% year over year; the company raised its 2026 revenue outlook to $755–$760 million.
  • Record backlog reached $1.7 billion, up 108% from fiscal year-end 2025, and quarterly bookings were nearly $465 million.