Kadant Inc. (KAI)

NYSE Industrials Industrial Machinery & Supplies & Components S&P SmallCap 600

$292.74

-6.71 (-2.24%)

Close of Nov 06, 2026 · end-of-day data

Source: Kadant Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Revenue	$414.13M	$515.03M	$633.79M	$704.64M	$635.03M	$786.58M	$904.74M	$957.67M	$1.05B	$1.05B
Cost of revenue	$225.59M	$283.89M	$355.50M	$410.88M	$357.72M	$449.21M	$515.18M	$541.37M	$587.24M	$576.52M
Gross profit	$188.54M	$231.15M	$278.28M	$293.76M	$277.31M	$337.37M	$389.56M	$416.31M	$466.15M	$475.73M
Research & development	$7.38M	$9.56M	$10.55M	$10.88M	$11.30M	$11.40M	$12.72M	$13.56M	$14.32M	$15.26M
Selling, general & admin	$134.83M	$159.76M	$177.41M	$192.53M	$181.91M	$208.79M	$224.41M	$236.26M	$279.92M	$301.86M
Operating income	$46.64M	$61.62M	$88.60M	$87.82M	$81.12M	$116.71M	$171.28M	$165.76M	$171.25M	$157.29M
Interest expense	$1.29M	$3.55M	$7.03M	$12.76M	$7.42M	$4.82M	$6.48M	$8.40M	$20.03M	$15.57M
Pre-tax income	$44.55M	$57.65M	$79.53M	$68.92M	$73.69M	$112.05M	$165.64M	$159.02M	$153.07M	$143.59M
Income tax	$12.08M	$26.07M	$18.48M	$16.36M	$17.95M	$27.17M	$43.91M	$42.21M	$40.52M	$39.90M
Net income	$32.08M	$31.09M	$60.41M	$52.07M	$55.20M	$84.04M	$120.93M	$116.07M	$111.60M	$101.97M
EBITDA	$60.97M	$81.00M	$112.17M	$120.21M	$112.46M	$151.01M	$206.22M	$199.05M	$220.84M	$208.51M
EPS (basic)	$2.95	$2.83	$5.45	$4.63	$4.81	$7.26	$10.38	$9.92	$9.51	$8.66
EPS (diluted)	$2.88	$2.75	$5.30	$4.54	$4.77	$7.21	$10.35	$9.90	$9.48	$8.65
Diluted shares	11.15M	11.31M	11.40M	11.46M	11.56M	11.65M	11.69M	11.73M	11.77M	11.79M
Gross margin	45.5%	44.9%	43.9%	41.7%	43.7%	42.9%	43.1%	43.5%	44.3%	45.2%
Operating margin	11.3%	12.0%	14.0%	12.5%	12.8%	14.8%	18.9%	17.3%	16.3%	14.9%
Net margin	7.7%	6.0%	9.5%	7.4%	8.7%	10.7%	13.4%	12.1%	10.6%	9.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Cash & equivalents	$71.49M	$75.42M	$45.83M	$66.79M	$65.68M	$91.19M	$76.37M	$103.83M	$94.66M	$119.55M
Receivables	$65.96M	$89.62M	$92.62M	$95.74M	$91.54M	$117.21M	$130.30M	$133.93M	$142.46M	$158.57M
Inventory	$54.95M	$84.93M	$86.37M	$102.72M	$106.81M	$134.36M	$163.67M	$152.68M	$146.09M	$206.85M
Total current assets	$207.35M	$266.02M	$252.76M	$297.58M	$289.82M	$383.88M	$415.41M	$440.18M	$442.33M	$541.93M
Goodwill	$151.46M	$268.00M	$258.17M	$336.03M	$351.75M	$396.89M	$385.45M	$392.08M	$479.17M	$555.62M
Total assets	$470.69M	$761.09M	$725.75M	$939.39M	$927.57M	$1.13B	$1.15B	$1.18B	$1.43B	$1.71B
Total current liabilities	$88.91M	$132.23M	$128.99M	$146.17M	$134.69M	$221.50M	$213.46M	$214.41M	$191.56M	$228.17M
Short-term debt	—	—	$1.67M	$2.85M	$1.47M	$5.36M	$3.82M	$3.21M	$3.38M	$3.13M
Long-term debt	$65.77M	$241.38M	$174.15M	$295.12M	$227.96M	$264.61M	$199.22M	$109.09M	$286.50M	$372.72M
Total debt	$65.77M	$241.38M	$175.82M	$297.97M	$229.44M	$269.96M	$203.04M	$112.30M	$289.88M	$375.85M
Total liabilities	$188.06M	$430.10M	$352.78M	$513.69M	$432.21M	$568.28M	$496.03M	$401.96M	$583.22M	$732.37M
Shareholders' equity	$282.63M	$330.99M	$372.97M	$425.69M	$495.36M	$563.94M	$653.85M	$773.70M	$847.13M	$979.81M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Operating cash flow	$51.00M	$65.16M	$62.98M	$97.41M	$92.88M	$162.42M	$102.62M	$165.54M	$155.26M	$171.33M
Capital expenditures	$5.80M	$17.28M	$16.56M	$9.96M	$7.59M	$12.77M	$28.20M	$31.85M	$21.00M	$17.05M
Free cash flow	$45.20M	$47.88M	$46.43M	$87.46M	$85.29M	$149.65M	$74.43M	$133.69M	$134.26M	$154.28M
Investing cash flow	-$61.99M	-$221.88M	-$16.36M	-$187.36M	-$14.54M	-$154.47M	-$29.52M	-$30.79M	-$319.14M	-$205.42M
Financing cash flow	$23.45M	$150.48M	-$74.16M	$112.45M	-$84.56M	$22.81M	-$80.57M	-$111.11M	$159.91M	$54.01M
Dividends paid	$8.04M	$9.01M	$9.64M	$10.20M	$10.90M	$11.46M	$12.00M	$13.22M	$14.67M	$15.78M
Share buybacks	$0	$0	—	—	—	—	—	—	—	—
Stock-based compensation	$5.07M	$5.80M	$7.03M	$6.82M	$6.78M	$8.53M	$8.58M	$9.77M	$10.64M	$11.24M
Depreciation & amortization	$14.33M	$19.38M	$23.57M	$32.39M	$31.33M	$34.30M	$34.94M	$33.30M	$49.59M	$51.22M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	$244.18M	$238.68M	$248.97M	$274.76M	$271.61M	$258.03M	$239.21M	$255.27M	$271.57M	$286.20M	$281.50M	$312.88M
Cost of revenue	$138.46M	$136.69M	$138.01M	$152.88M	$150.18M	$146.17M	$128.88M	$138.22M	$148.91M	$160.51M	$154.80M	$175.87M
Gross profit	$105.73M	$101.98M	$110.96M	$121.89M	$121.44M	$111.86M	$110.33M	$117.04M	$122.66M	$125.69M	$126.70M	$137.00M
Research & development	$3.32M	$3.46M	$3.73M	$3.48M	$3.41M	$3.70M	$3.52M	$3.72M	$3.92M	$4.10M	$4.06M	$4.48M
Selling, general & admin	$57.89M	$59.82M	$70.31M	$70.00M	$69.04M	$70.57M	$71.22M	$73.94M	$75.84M	$80.86M	$82.54M	$81.64M
Operating income	$43.54M	$39.02M	$36.93M	$48.40M	$48.99M	$36.94M	$35.59M	$39.38M	$42.62M	$39.71M	$40.11M	$50.88M
Interest expense	$2.11M	$1.68M	$4.67M	$5.20M	$5.52M	$4.64M	$3.82M	$3.34M	$3.09M	$5.32M	$4.48M	$5.31M
Pre-tax income	$41.85M	$38.01M	$32.84M	$43.57M	$43.86M	$32.80M	$32.27M	$36.46M	$39.88M	$34.98M	$35.96M	$46.03M
Income tax	$10.82M	$10.45M	$7.85M	$11.99M	$11.96M	$8.71M	$7.83M	$9.82M	$11.77M	$10.49M	$10.14M	$13.18M
Net income	$30.86M	$27.40M	$24.69M	$31.29M	$31.59M	$24.03M	$24.06M	$26.16M	$27.72M	$24.02M	$25.51M	$32.47M
EBITDA	$51.78M	$47.40M	$48.67M	$60.39M	$61.76M	$50.02M	$47.60M	$51.45M	$55.01M	$54.45M	$54.76M	$66.42M
EPS (basic)	$2.64	$2.34	$2.11	$2.66	$2.69	$2.05	$2.05	$2.22	$2.35	$2.04	$2.16	$2.75
EPS (diluted)	$2.63	$2.33	$2.10	$2.66	$2.68	$2.04	$2.04	$2.22	$2.35	$2.04	$2.16	$2.75
Diluted shares	11.74M	10.00K	11.74M	11.77M	11.78M	8.00K	11.78M	11.79M	11.80M	4.00K	11.80M	11.82M
Gross margin	43.3%	42.7%	44.6%	44.4%	44.7%	43.4%	46.1%	45.9%	45.2%	43.9%	45.0%	43.8%
Operating margin	17.8%	16.3%	14.8%	17.6%	18.0%	14.3%	14.9%	15.4%	15.7%	13.9%	14.2%	16.3%
Net margin	12.6%	11.5%	9.9%	11.4%	11.6%	9.3%	10.1%	10.2%	10.2%	8.4%	9.1%	10.4%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Cash & equivalents	$76.79M	$103.83M	$81.44M	$73.81M	$88.41M	$94.66M	$91.68M	$95.32M	$124.49M	$119.55M	$117.03M	$134.53M
Receivables	$140.07M	$133.93M	$149.59M	$149.69M	$154.97M	$142.46M	$145.91M	$152.57M	$158.78M	$158.57M	$172.38M	$168.70M
Inventory	$164.35M	$152.68M	$171.96M	$173.51M	$169.25M	$146.09M	$153.54M	$168.59M	$179.71M	$206.85M	$214.83M	$216.46M
Total current assets	$436.12M	$440.18M	$454.75M	$455.33M	$469.55M	$442.33M	$446.73M	$474.69M	$519.96M	$541.93M	$562.64M	$580.82M
Goodwill	$384.32M	$392.08M	$459.92M	$478.04M	$493.11M	$479.17M	$484.50M	$497.82M	$497.09M	$555.62M	$551.09M	$660.91M
Total assets	$1.15B	$1.18B	$1.41B	$1.46B	$1.49B	$1.43B	$1.44B	$1.48B	$1.53B	$1.71B	$1.71B	$1.89B
Total current liabilities	$213.56M	$214.41M	$222.05M	$201.98M	$205.23M	$191.56M	$180.62M	$199.79M	$212.51M	$228.17M	$227.43M	$224.16M
Short-term debt	$3.12M	$3.21M	$3.24M	$3.23M	$3.26M	$3.38M	$3.38M	$3.26M	$3.39M	$3.13M	$3.16M	$3.18M
Long-term debt	$126.12M	$109.09M	$306.77M	$342.04M	$323.17M	$286.50M	$273.50M	$245.67M	$254.62M	$372.72M	$360.20M	$507.46M
Total debt	$129.24M	$112.30M	$310.02M	$345.27M	$326.43M	$289.88M	$276.88M	$248.92M	$258.00M	$375.85M	$363.36M	$510.63M
Total liabilities	$422.45M	$401.96M	$626.74M	$648.32M	$637.61M	$583.22M	$559.49M	$558.49M	$582.39M	$732.37M	$719.05M	$866.34M
Shareholders' equity	$731.65M	$773.70M	$782.69M	$807.71M	$851.73M	$847.13M	$875.95M	$926.02M	$949.85M	$979.81M	$995.60M	$1.02B

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Operating cash flow	$46.97M	$59.23M	$22.83M	$28.07M	$52.48M	$51.89M	$22.84M	$40.48M	$47.25M	$60.76M	$21.92M	$53.51M
Capital expenditures	$8.85M	$9.76M	$6.27M	$4.97M	$4.18M	$5.58M	$3.84M	$3.97M	$3.19M	$6.05M	$3.26M	$10.95M
Free cash flow	$38.12M	$49.48M	$16.56M	$23.09M	$48.29M	$46.31M	$19.00M	$36.51M	$44.06M	$54.71M	$18.66M	$42.56M
Investing cash flow	-$7.16M	-$10.73M	-$237.26M	-$64.25M	-$14.35M	-$3.27M	-$3.84M	-$3.10M	-$19.29M	-$179.19M	-$3.93M	-$181.17M
Financing cash flow	-$29.12M	-$25.44M	$192.91M	$29.93M	-$26.06M	-$36.86M	-$23.09M	-$38.39M	$2.17M	$113.31M	-$20.05M	$147.43M
Dividends paid	$3.40M	$3.40M	$3.40M	$3.76M	$3.76M	$3.76M	$3.76M	$4.00M	$4.00M	$4.00M	$4.01M	$4.25M
Stock-based compensation	$2.36M	$2.52M	$2.42M	$2.88M	$2.63M	$2.71M	$2.76M	$3.06M	$2.70M	$2.73M	$2.92M	$2.88M
Depreciation & amortization	$8.23M	$8.38M	$11.74M	$11.99M	$12.78M	$13.08M	$12.01M	$12.07M	$12.40M	$14.74M	$14.65M	$15.54M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.