Kadant Inc income statement
In fiscal 2025, Kadant Inc reported revenue of $1.05bn, down 0.1% on the year before, operating income of $157m (a 14.9% margin) and net income of $102m, or $8.65 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Jan 2010 | 2010Jan 2011 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Jan 2016 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Jan 2022 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 226 | 270 | 335 | 332 | 344 | 402 | 390 | 414 | 515 | 634 | 705 | 635 | 787 | 905 | 958 | 1,053 | 1,052 | 1,152 |
| Cost of revenue | 135 | 152 | 190 | 186 | 187 | 224 | 210 | 226 | 284 | 356 | 411 | 358 | 449 | 515 | 541 | 587 | 577 | 640 |
| Gross profit | 91 | 118 | 145 | 146 | 158 | 178 | 180 | 189 | 231 | 278 | 294 | 277 | 337 | 390 | 416 | 466 | 476 | 512 |
| Research and development | 6 | 5 | 6 | 6 | 7 | 6 | 7 | 7 | 10 | 11 | 11 | 11 | 11 | 13 | 14 | 14 | 15 | 17 |
| Selling, general and administrative | 81 | 89 | 103 | 103 | 118 | 129 | 123 | 135 | 160 | 177 | 193 | 182 | 209 | 224 | 236 | 280 | 302 | 321 |
| Operating income | −0 | 25 | 39 | 36 | 33 | 42 | 50 | 47 | 62 | 89 | 88 | 81 | 117 | 171 | 166 | 171 | 157 | 173 |
| Interest expense | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 7 | 13 | 7 | 5 | 6 | 8 | 20 | 16 | 18 |
| Net interest income | — | −1 | −1 | −1 | −0 | −1 | −1 | −1 | −3 | −7 | −13 | −7 | −5 | −6 | −7 | — | — | — |
| Income before tax | −2 | 24 | 38 | 36 | 33 | 42 | 49 | 45 | 58 | 80 | 69 | 74 | 112 | 166 | 159 | 153 | 144 | 157 |
| Income tax | 4 | 5 | 4 | 5 | 9 | 12 | 15 | 12 | 26 | 18 | 16 | 18 | 27 | 44 | 42 | 41 | 40 | 46 |
| Net income | −6 | 19 | 34 | 32 | 23 | 29 | 34 | 32 | 31 | 60 | 52 | 55 | 84 | 121 | 116 | 112 | 102 | 110 |
| Diluted EPS | −$0.48 | $1.48 | $2.74 | $2.73 | $2.07 | $2.56 | $3.10 | $2.88 | $2.75 | $5.30 | $4.54 | $4.77 | $7.21 | $10.35 | $9.90 | $9.48 | $8.65 | $9.29 |
| Diluted shares (average) | — | 12m | 12m | 12m | 11m | 11m | 11m | 11m | 11m | 11m | 11m | 12m | 12m | 12m | 12m | 12m | 12m | 12m |
| EBITDA | 7 | 32 | 47 | 45 | 43 | 53 | 61 | 61 | 81 | 112 | 120 | 112 | 151 | 206 | 199 | 221 | 209 | 215 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Jan 2026 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 272 | 258 | 239 | 255 | 272 | 286 | 282 | 313 |
| Cost of revenue | 150 | 146 | 129 | 138 | 149 | 161 | 155 | 176 |
| Gross profit | 121 | 112 | 110 | 117 | 123 | 126 | 127 | 137 |
| Research and development | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Selling, general and administrative | 69 | 71 | 71 | 74 | 76 | 81 | 83 | 82 |
| Operating income | 49 | 37 | 36 | 39 | 43 | 40 | 40 | 51 |
| Interest expense | 6 | 5 | 4 | 3 | 3 | 5 | 4 | 5 |
| Net interest income | −5 | — | — | — | — | — | — | — |
| Income before tax | 44 | 33 | 32 | 36 | 40 | 35 | 36 | 46 |
| Income tax | 12 | 9 | 8 | 10 | 12 | 10 | 10 | 13 |
| Net income | 32 | 24 | 24 | 26 | 28 | 24 | 26 | 32 |
| Diluted EPS | $2.68 | $2.04 | $2.04 | $2.22 | $2.35 | $2.04 | $2.16 | $2.75 |
| EBITDA | 54 | 50 | 48 | 45 | 48 | 54 | 55 | 58 |
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