Every 8-K that Kadant (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 8-K covers material events a company has to report between its quarterly 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. (KAI) announced a structured CEO succession plan. The board appointed Michael C. Colwell as president and chief operating officer effective October 1, 2026, and as president, chief executive officer, and director effective January 2, 2027. He joins the board in a class whose term ends in 2028 and will not receive separate director compensation.
As part of the plan, Jeffrey L. Powell will remain president through September 30, 2026 and CEO through January 2, 2027, then serve as executive chairman on a part-time basis until his planned retirement on January 1, 2028, after which he is expected to continue as non-executive chairman. Kadant entered into a detailed Transition and Executive Chairman Agreement with Mr. Powell covering salary reductions aligned with his reduced schedule, eligibility for cash incentive bonuses for fiscal 2026 and 2027 only, continued participation in benefit plans, potential accelerated vesting of restricted stock units upon serving through retirement, and non‑compete, non‑solicitation, and confidentiality obligations.
Jonathan W. Painter, current chairman, will resign from the board and as chairman on January 2, 2027, and has indicated his departure is not due to any disagreement with the company.
Kadant Inc. reported strong results for the second quarter ended July 4, 2026, with revenue of $312.9 million, up 22.6% from a year ago, and bookings of $312.1 million. Net income attributable to Kadant grew to $32.5 million, or $2.75 per diluted share, while adjusted EPS rose to a record $3.42. Adjusted EBITDA increased 30% to a record $68.1 million, representing a 21.8% margin, though the consolidated gross margin declined to 43.8% from 45.9%.
Operating cash flow increased to $53.5 million and free cash flow to $42.6 million, and backlog stood at $340 million. By segment, Flow Control generated $100.3 million of revenue, Industrial Processing $143.8 million, and Material Handling $68.8 million, all up year over year. As of July 4, 2026, cash and equivalents were $137.6 million and debt obligations $508.2 million, for a leverage ratio of 1.72. Kadant now expects 2026 revenue of $1.190–$1.210 billion, GAAP EPS of $9.78–$10.03, and adjusted EPS of $12.43–$12.68, and guides third‑quarter revenue to $297–$307 million with GAAP EPS of $2.28–$2.38 and adjusted EPS of $2.90–$3.00.
Kadant Inc. reported strong first quarter 2026 results with record demand. Bookings rose 25% to $320.8 million and revenue increased 17.7% to $281.5 million. Gross margin slipped to 45.0%, but net income still grew 6% to $25.5 million, or GAAP EPS of $2.16.
Adjusted EPS increased 13.6% to $2.84 and adjusted EBITDA grew 18.6% to $56.8 million, for a 20.2% margin. Management raised full-year 2026 revenue guidance to $1.178–$1.203 billion and now expects GAAP EPS of $9.80–$10.15 and adjusted EPS of $12.33–$12.68, reflecting short-term dilution from a recent acquisition.
Kadant Inc. completed its previously announced acquisition of voestalpine BÖHLER Profil for approximately 157.0 million euros in cash, financed primarily through borrowings under its revolving credit facility. The acquired businesses have been renamed Kadant Profil and will operate within Kadant’s Industrial Processing reporting segment.
Kadant Profil, founded in 1872 and based in Bruckbach, Austria, manufactures customized rolled profiles and industrial knife solutions for demanding industrial applications. Management highlights its patented processes, strong R&D capabilities, and long-standing supplier relationship with Kadant as strategic reasons for the deal, while noting typical integration and execution risks in forward-looking statements.
Kadant Inc. is changing how it calculates its non-GAAP metrics, including adjusted operating income, adjusted net income, and adjusted EPS, by now excluding all amortization expense related to acquired intangible assets rather than only acquired backlog. The company furnished reconciliations showing the impact of this change on past periods and updated guidance. For the twelve months ending January 2, 2027, EPS attributable to Kadant is guided to $10.27–$10.62, while adjusted EPS under the new methodology is $12.53–$12.88. For the three months ending March 28, 2026, reported EPS guidance is $1.69–$1.79, with adjusted EPS of $2.31–$2.41.
Kadant Inc. reported solid fourth-quarter and full-year 2025 results with strong cash generation but softer earnings. Q4 revenue rose 11% to a record $286.2 million, while adjusted EPS edged up to $2.27 and adjusted EBITDA grew 11% to $58.0 million with a 20.3% margin.
For 2025, revenue was essentially flat at $1,052.2 million, but GAAP EPS fell 9% to $8.65 and adjusted EPS declined to $9.26 as tariffs, cost pressures, and weaker capital project activity weighed on margins. Even so, operating cash flow reached a record $171.3 million and free cash flow was $154.3 million, supported by record parts and consumables revenue representing 71% of sales.
Bookings were robust, increasing 5% for the year to $1,033.9 million, highlighting healthy demand across Flow Control, Industrial Processing, and Material Handling. Looking to 2026, Kadant expects revenue between $1.160 and $1.185 billion and GAAP EPS of $10.27 to $10.62, with adjusted EPS, as currently reported, projected between $12.53 and $12.88, implying meaningful earnings growth.
Kadant Inc. plans to host a webcast and conference call on February 3, 2026 to discuss its proposed acquisition of voestalpine BÖHLER Profil GmbH & Co KG. An investor presentation describing the transaction is furnished as an exhibit and posted in the company’s investor section online.
The company includes a detailed safe harbor statement, emphasizing that expectations about the acquisition’s benefits, financing, timing, and future performance are forward-looking and subject to numerous risks. These risks cover the ability to close and finance the deal, integration challenges, potential business disruptions, market conditions, and broader operational and regulatory uncertainties.
Kadant Inc. agreed to acquire voestalpine BÖHLER Profil for approximately 157.0 million Euros in cash, subject to customary adjustments. The target is a leader in tailor-made special steel profiles and high-performance industrial knives and will join Kadant’s Industrial Processing segment under the new name Kadant Profil.
The transaction is expected to close in the first quarter of 2026, subject to Austrian regulatory approvals and other customary closing conditions, and there is no financing condition to closing. The agreement includes typical representations, warranties, covenants, indemnities, and seller non-compete and non-solicitation provisions, and may be terminated if not completed by September 30, 2026.
Kadant Inc. announced financial results for the fiscal quarter ended September 27, 2025 and furnished an accompanying press release and presentation in an 8-K.
The company will host a webcast and conference call on October 29, 2025 to discuss the results. The press release is furnished as Exhibit 99.1 and the slide deck as Exhibit 99.2.
Information provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure), including Exhibits 99.1 and 99.2, is furnished and not filed, and is not subject to Section 18 liabilities or incorporated by reference except as expressly provided.
Kadant, Inc. disclosed a material event announcing the Acquisition of Clyde Industries and included a standard safe-harbor disclosure about forward-looking statements. The filing clarifies that the Item 7.01 material (including an exhibit) is not deemed "filed" under the Exchange Act for Section 18 liability or incorporated by reference elsewhere unless explicitly stated. The company lists a wide range of risks that could cause actual results to differ from expectations, including integration challenges, potential disruption to business and employee relationships, difficulty realizing anticipated synergies and cost savings, unexpected acquisition-related costs, and variability in revenue from large capital equipment projects. The disclosure references risk factors described in Kadant's Annual Report for the fiscal year ended December 28, 2024.
Kadant Inc. acquired all outstanding equity securities of Clyde Industries, completing a purchase governed by an Acquisition Agreement that includes customary representations, warranties and restrictive covenants.
Kadant obtained a representation and warranty insurance policy to provide recourse for breaches, and a portion of the cash consideration is being held to cover customary post-closing adjustments. The company said the Acquisition Agreement will be filed as an exhibit to its Quarterly Report for the fiscal quarter ended September 27, 2025.
A press release is furnished as Exhibit 99.1 and Kadant will hold a webcast and conference call on October 9, 2025 at 11:00 a.m. Eastern Time; an investor presentation will be filed with the SEC and posted on kadant.com.
Kadant Inc. amended its unsecured credit facility through an Eighth Amendment that materially improves borrowing capacity and flexibility. The amendment raises the revolving loan commitments from $400 million to $750 million, extends maturity to September 26, 2030 (five years from the amendment), and enlarges several sublimits: the multicurrency sublimit from $300 million to $400 million, the letter of credit sublimit from $80 million to $100 million, and the swingline loan sublimit from $10 million to $15 million. It also removes the lowest tier of the pricing grid, eliminates certain credit spread adjustments for SOFR, SONIA and CORRA borrowings, and adds Australian Dollars and the company’s Australian subsidiary Vayeron Pty Ltd as an authorized borrower. The filing states the amendment is filed as Exhibit 10.1 and incorporated by reference.