Every material Form 8-K Kadant filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kadant reported third-quarter 2026 revenue of $313.2 million, up 15% from a year earlier and a company record, with GAAP EPS up 26% to $2.96 and adjusted EPS up 21% to a record $3.64. The company raised its 2026 adjusted EPS guidance to $12.58 to $12.73 from $12.43 to $12.68 and narrowed its revenue guidance to $1.195 to $1.210 billion, though gross margin slipped 50 basis points to 44.7%.
Q3 bookings rose 22% to $291 million; organic bookings rose 10%, excluding a 12% contribution from acquisitions
Q3 net income rose 27% to $35 million, and operating cash flow rose 33% to a record $63 million
Revised 2026 GAAP EPS guidance is $9.88 to $10.03, up from a low end of $9.78; Q4 2026 revenue is expected at $287 to $302 million
Organic revenue grew four percent in Q3; acquisitions contributed 11 percent
Kadant's board adopted a succession plan under which Michael C. Colwell becomes president and chief operating officer on October 1, 2026, and president and chief executive officer on January 2, 2027, when Jeffrey L. Powell becomes executive chairman. Chairman Jonathan W. Painter will leave the board on January 2, 2027. The filing contains no financial results, and the changes are a planned leadership transition for shareholders to track.
Michael C. Colwell, 60, is senior vice president responsible for the Industrial Processing segment and will join the board on January 2, 2027.
Jeffrey L. Powell remains president through September 30, 2026, and CEO through January 2, 2027, then becomes executive chairman and retires January 1, 2028.
Powell's annualized base salary will be $998,900 through January 2, 2027, and $499,450 after that, under a Transition and Executive Chairman Agreement.
Jonathan W. Painter, current chairman, will cease to serve as a director on January 2, 2027; he stated his resignation did not result from any disagreement with the Company.
Kadant reported second-quarter 2026 revenue of $312.9 million, up 23% from a year earlier, and GAAP diluted EPS of $2.75, up 24%. Acquisitions contributed 13 percentage points of the revenue growth, while organic revenue rose 8%. The company raised its 2026 revenue outlook to $1.190 to $1.210 billion but lowered its GAAP EPS outlook to $9.78 to $10.03.
Revenue $312.9 million, up 23%; organic revenue up 8%, with acquisitions adding 13 points
Gross margin 43.8%, down 210 basis points from 45.9%; net income $32.5 million, up 24%
2026 guidance: revenue $1.190 to $1.210 billion (prior $1.178 to $1.203 billion); GAAP EPS $9.78 to $10.03 (prior $9.80 to $10.15)
Bookings $312.1 million, up 16%, but organic bookings fell 1%; webcast on August 5, 2026 at 11:00 a.m. ET
Kadant reported first quarter 2026 revenue of $281.5 million, up 18% from a year earlier, with GAAP EPS of $2.16 and adjusted EPS of $2.84, up 6% and 14%. The company raised its 2026 revenue guidance but lowered its 2026 EPS guidance, citing a recent acquisition that is dilutive in the short term.
Q1 2026 revenue was $281.5 million, up 18%, with organic revenue down 1%; bookings rose 25% to $320.8 million
Q1 2026 GAAP diluted EPS was $2.16 versus $2.04, and adjusted EPS was $2.84 versus $2.50
2026 revenue guidance raised to $1.178 billion to $1.203 billion from $1.160 billion to $1.185 billion
2026 GAAP EPS guidance cut to $9.80 to $10.15 from $10.27 to $10.62; adjusted EPS guidance cut to $12.33 to $12.68 from $12.53 to $12.88
Kadant said it will prospectively exclude all amortization of acquired intangible assets from its adjusted operating income, adjusted net income and adjusted EPS, replacing its prior practice of excluding only acquired backlog amortization. The change raises the company's adjusted EPS figures and guidance, but the GAAP EPS guidance it issued on February 19, 2026 is unchanged.
Adjusted EPS guidance for fiscal 2026 is now $12.53 to $12.88, up from $10.40 to $10.75 under the previous method; GAAP-basis EPS guidance remains $10.27 to $10.62.
First-quarter 2026 adjusted EPS guidance is now $2.31 to $2.41, up from $1.78 to $1.88; GAAP-basis guidance remains $1.69 to $1.79.
Fiscal 2025 adjusted EPS is restated to $11.01 from $9.26 under the new method, compared with GAAP EPS of $8.65.
The new method is applied prospectively, and the filing includes restated reconciliations for fiscal 2021 through fiscal 2025.
Kadant reported fourth-quarter 2025 revenue up 11% to a record $286.2 million, with GAAP EPS flat at $2.04. For fiscal 2025, revenue was $1.05 billion, roughly flat, while net income fell 9% to $102.0 million and GAAP EPS fell 9% to $8.65. The company expects 2026 revenue of $1.160 billion to $1.185 billion and GAAP EPS of $10.27 to $10.62.
Q4 2025 revenue of $286.2 million rose 11%, including an 8% contribution from acquisitions; Q4 net income was $24.0 million, and GAAP EPS was $2.04 in both periods.
Fiscal 2025 net income was $102.0 million, down 9%; adjusted EPS was $9.26, down 10%.
2026 guidance: revenue of $1.160 to $1.185 billion and GAAP EPS of $10.27 to $10.62; first-quarter 2026 revenue of $270 to $280 million.
Webcast to discuss results is scheduled for February 19, 2026, at 11:00 a.m. Eastern Time.
Kadant Inc. has agreed to buy voestalpine BÖHLER Profil, an Austrian maker of tailor-made special profiles and industrial knives, for approximately 157.0 million Euros in cash, subject to customary adjustments. The deal is expected to close in the first quarter of 2026, pending certain Austrian regulatory approvals, and will be financed primarily through borrowings under Kadant's revolving credit facility, according to the press release. The target reported revenue of 51.5 million Euros for the fiscal year ended March 31, 2025.
Purchase price is approximately 157.0 million Euros in cash, subject to customary adjustments
Expected closing in the first quarter of 2026; no financing condition in the agreement
Target had about 150 employees and revenue of 51.5 million Euros for the fiscal year ended March 31, 2025
Conference call and webcast on February 3, 2026 at 11:00 a.m. Eastern Time
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Kadant filing is on SEC EDGAR ↗. 8-K briefs of other companies →