Every 10-Q that Kadant Inc. (KAI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow KAI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KAI filings page.
Kadant Inc. reported solid growth for the quarter and six months ended July 4, 2026, driven by acquisitions and stronger capital equipment demand. Second-quarter revenue was $312.9 million, up from $255.3 million a year earlier, while net income attributable to Kadant rose to $32.5 million from $26.2 million; diluted EPS increased to $2.75 from $2.22. For the first six months, revenue reached $594.4 million versus $494.5 million, with net income attributable to Kadant of $58.0 million versus $50.2 million and diluted EPS of $4.91 versus $4.26.
Profitability mixed: consolidated gross margin declined to 43.8% in the quarter (from 45.9%) and 44.4% year-to-date (from 46.0%) as product mix shifted toward capital equipment and acquired businesses with lower gross margins. Adjusted EBITDA margin remained around 21%. Operating income still improved to $50.9 million in the quarter and $91.0 million year-to-date, reflecting higher volume and acquisition contributions.
Kadant completed the $170.1 million Kadant Profil acquisition in April 2026, adding $111.1 million of goodwill and $22.2 million of intangibles, funded through its revolving credit facility. Total debt obligations rose to $510.6 million, including $502.5 million drawn on the revolver, while cash and cash equivalents increased to $134.5 million. Operating cash flow for the first six months was a strong $75.4 million, supporting ongoing investment and integration activities.
Kadant Inc. reported solid first-quarter 2026 growth with higher sales and earnings. Revenue rose to $281.5 million, up 18% from the prior-year quarter, driven mainly by acquisitions and steady demand for parts and consumables, which made up 74% of sales.
Operating income increased to $40.1 million and net income attributable to Kadant grew to $25.5 million, with diluted EPS of $2.16 versus $2.04 a year earlier. Adjusted EBITDA reached $56.8 million with a 20.2% margin, slightly above last year.
Bookings hit a record $320.8 million and backlog ended the quarter at $325.7 million, supporting management’s expectation that 2026 bookings will exceed 2025. Kadant also closed the Kadant Profil acquisition on April 30, 2026 for 157 million euros, funded with new euro borrowings under its revolving credit facility.
Kadant Inc. (KAI) reported Q3 2025 results with revenue of $271.6M, essentially flat year over year. Net income attributable to Kadant was $27.7M and diluted EPS was $2.35, down from $2.68 a year ago, as operating income declined to $42.6M from $49.0M.
Through the first nine months, revenue was $766.0M versus $795.4M last year, while operating cash flow improved to $110.6M from $103.4M, supported by working-capital discipline. Cash and cash equivalents rose to $124.5M, and total debt (primarily the revolving credit facility) declined to $258.0M. The company amended its multi-currency revolving credit facility, increasing committed capacity to $750.0M and extending maturity to 2030; $248.1M was outstanding at quarter end with $502.0M of committed capacity available.
Kadant closed the Babbini acquisition in July for $16.5M (net of cash), adding technology in industrial dewatering and power transmission. After quarter end, Kadant acquired Clyde Industries for $175.0M in cash and borrowed $170.0M under the facility to fund it. Segment mix favored parts and consumables, while capital equipment demand remained softer, particularly in Industrial Processing.