What move does the options market price into Karman's report?

Implied ±10.4%, either direction.

KRMNNYSEAircraft Parts & Auxiliary Equipment, NEC

Karman Holdings Inc. (KRMN) earnings date, market-implied expected move, and options open interest by expiry

39.98

−1.71 · −4.10%

post 40.13 +0.38%

Closed19:26 ET

Open41.03Volume2.3MMkt cap$5.3BP/E138.38EPS0.29

Day39.02 – 41.5344%52-wk29.34 – 118.3812%

KRMN

Karman Holdings Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±10.4%implied · report alone

35.8044.10

straddle ±14.9%

spot 39.95exp Nov 20ATM strike 40ATM straddle 7.00IV 92%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 5 days

est.Q3 FY26

Calendar

Next report

Last report

+5.60%

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

13F top-10 QoQ

+8.53%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

363 managers

Top fund weight

0.01%

KRMN weight · VTI

N-PORTJun 30 '26

2 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Karman (KRMN) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 6 '26confirmed—▲+5.60%—

quarterimplied−10%0+10%realized×

Q2 FY26—▲+5.60%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 19 close

0.76OI · 3 expiries · Oct 19 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

859+2%Nov 2020d1,128+51%

2,3430%Dec 1848d0.465,1180%0.46

3,021+1%Mar 19139d1.292,3470%1.29

ExpiryPutsCallsP/C

Nov 2020d859+2%1,128+51%0.76

Dec 1848d2,3430%5,1180%0.46

Mar 19139d3,021+1%2,3470%1.29

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.9%

Funds 2

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

7.71%as filednet margin · revenue +20.40% QoQ · +58.18% YoY

Revenue

$182M+20.40% QoQ

Gross profit

$78M+22.50% QoQ

42.97% margin

Operating income

$35M+62.36% QoQ

19.13% margin

Pre-tax income

$19M+123.18% QoQ

Net income

$14M+80.04% QoQ

7.71% margin

Cost of revenue

$104M+18.87% QoQ

Operating expenses

$43M+2.34% QoQ

SG&A $31M

Depreciation $12M

Other expense

$16M

Tax

$5M+524.46% QoQ

Revenue$182M+20.40%

Gross profit

$78M+22.50%

42.97% margin

Operating income

$35M+62.36%

19.13% margin

Pre-tax income

$19M+123.18%

Net income

$14M+80.04%

7.71% margin

Cost of revenue

$104M+18.87%

Operating expenses

$43M+2.34%

SG&A $31M

Depreciation $12M

Other expense

$16M

Tax$5M+524.46%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:15 ET

Intraday

Event sensitivity

NFP ×1.48· ±4.9% vs ±3.3% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±4.9%6 of 10×1.48

PPIproducer prices±4.7%6 of 11×1.43

PCEpersonal income & outlays±3.4%12 of 19×1.03

FOMCrate decision±3.0%6 of 14×0.92

GDPgross domestic product±2.8%15 of 19×0.86

CPIconsumer prices±2.6%5 of 11×0.78

CPROFcorporate profits±2.3%9 of 12×0.70

Bar = avg |move| to ±5% · tick = ±3.3% avg day · ×base = |move| ÷ ±3.3% · min 6 releases

Earnings history

EPS 0.11 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.11	—
Q1 FY26	—	0.06	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod