Every 10-Q that Kennametal Inc. (KMT) 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 KMT 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 KMT filings page.
Kennametal Inc. (KMT) reported sales of $592.6 million for the three months ended March 31, 2026, up 22% from $486.4 million. Organic sales growth was 19%, with a favorable 5% currency effect partly offset by a 2% divestiture effect. Operating income was $79.4 million versus $44.1 million; net income attributable to Kennametal was $58.229 million versus $31.482 million, and diluted EPS was $0.75 versus $0.41. Management cited approximately $39 million of favorable pricing-versus-raw-material-cost timing in Infrastructure; higher compensation, tariffs, inflation, raw-material costs and an approximately $8 million effect from a normalized advanced manufacturing production credit partly offset the increases.
For the nine months ended March 31, 2026, sales were $1,620.1 million, up 12%, while operating cash flow was $69.7 million versus $129.7 million. A $216.0 million inventory increase, largely resulting from rising tungsten prices, contributed to working-capital outflows; accounts payable and accrued liabilities increased $101.7 million. Capital expenditures were $53.7 million; Kennametal paid $45.6 million in dividends and repurchased $10.1 million of shares. As of March 31, cash was $106.9 million, total debt was $614.1 million and credit availability was $634.7 million; the company reported compliance with all credit-agreement covenants.
Kennametal Inc. (KMT) reported quarterly sales of $529.5 million, up 10% from $482.1 million a year earlier. Operating income was $52.7 million compared with $31.7 million, and diluted earnings per share was $0.44 compared with $0.23. For the six months ended December 31, 2025, sales were $1,027.5 million, up 7% year over year.
Six-month operating cash flow was $72.6 million, compared with $100.9 million, including an $84.1 million increase in inventories. As of December 31, 2025, cash and cash equivalents were $129.3 million. The revolving credit facility had $650.0 million of additional availability, and Kennametal reported compliance with its covenants. The company paid $30.4 million in dividends and repurchased $10.1 million of shares during the six months. Restructuring charges for the program totaled $18.6 million through December 31, 2025, compared with a revised target of approximately $20 million.
MachiningCloud, Inc. filed a lawsuit against Kennametal in February 2025 alleging breach of contract and other matters and seeking more than $330 million in damages. Kennametal removed the case to federal court in the Western District of California Western Division and stated that no determination can be made about the outcome at this stage.
Kennametal Inc. reported Q1 FY2026 results for the three months ended September 30, 2025. Sales were $497.974 million, up 3% year over year. Operating income was $37.559 million and diluted EPS was $0.30, compared to $0.28 a year ago. Gross profit was $154.550 million with a 31.0% gross margin.
By segment, Metal Cutting sales were $310.625 million with a 6.9% operating margin, while Infrastructure sales were $187.349 million with an 8.9% operating margin. Management cited pricing, tariff surcharges, and restructuring savings offset by higher compensation, inflation, and the absence of prior-year insurance gains.
Cash from operations was $17.487 million versus $45.746 million last year, reflecting working capital movements, including higher inventories. Cash and cash equivalents were $103.497 million. The company had $700 million of additional availability under its revolving credit facility and remained in covenant compliance. During the quarter, Kennametal returned $25.1 million to shareholders, including $10.0 million of share repurchases and $15.136 million in dividends. Restructuring and related charges were $3.2 million in the quarter, with cumulative program charges of $15.6 million recorded through September 30, 2025.