Kennametal Inc income statement
In fiscal 2026, Kennametal Inc reported revenue of $2.36bn, up 19.8% on the year before, operating income of $473m (a 20.1% margin) and net income of $342m, or $4.42 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 | 2010Jun 2010 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,884 | 2,403 | 2,736 | 2,589 | 2,837 | 2,647 | 2,098 | 2,058 | 2,368 | 2,375 | 1,885 | 1,841 | 2,012 | 2,078 | 2,047 | 1,967 | 2,357 |
| Cost of revenue | 1,256 | 1,519 | 1,742 | 1,744 | 1,940 | 1,841 | 1,482 | 1,413 | 1,548 | 1,544 | 1,356 | 1,289 | 1,364 | 1,432 | 1,420 | 1,369 | 1,387 |
| Gross profit | 628 | 884 | 994 | 845 | 897 | 806 | 616 | 645 | 820 | 831 | 529 | 552 | 648 | 646 | 627 | 598 | 970 |
| Research and development | 28 | 33 | 38 | 40 | 44 | 45 | 39 | 38 | 39 | 39 | 39 | 40 | 42 | 43 | 44 | 44 | 43 |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 433 | 431 | 479 |
| Operating income | 93 | 322 | 416 | 296 | 263 | −358 | −175 | 95 | 290 | 329 | 22 | 102 | 218 | 192 | 170 | 143 | 473 |
| Interest expense | 25 | 23 | 27 | 27 | 32 | 31 | 28 | 29 | 30 | 33 | 35 | 46 | 26 | 28 | 26 | 25 | 29 |
| Income before tax | 77 | 296 | 390 | 267 | 229 | −388 | −199 | 82 | 275 | 311 | 2 | 65 | 207 | 160 | 144 | 132 | 461 |
| Income tax | 27 | 64 | 79 | 60 | 67 | −17 | 25 | 30 | 70 | 63 | 7 | 6 | 57 | 36 | 31 | 33 | 111 |
| Net income | 46 | 230 | 307 | 203 | 158 | −374 | −226 | 49 | 200 | 242 | −6 | 54 | 145 | 118 | 109 | 93 | 342 |
| Diluted EPS | $0.57 | $2.76 | $3.77 | $2.52 | $1.99 | −$4.71 | −$2.83 | $0.61 | $2.42 | $2.90 | −$0.07 | $0.65 | $1.72 | $1.46 | $1.37 | $1.20 | $4.42 |
| Diluted shares (average) | 82m | 83m | 81m | 81m | 80m | 79m | 80m | 81m | 83m | 83m | 83m | 84m | 84m | 81m | 80m | 78m | 77m |
| EBITDA | 190 | 415 | 520 | 409 | 394 | −226 | −57 | 202 | 399 | 441 | 142 | 229 | 350 | 326 | 305 | 280 | 616 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 482 | 482 | 486 | 516 | 498 | 530 | 593 | 737 |
| Cost of revenue | 331 | 337 | 330 | 371 | 343 | 356 | 385 | 303 |
| Gross profit | 151 | 145 | 156 | 146 | 155 | 174 | 208 | 434 |
| Selling, general and administrative | 112 | 109 | 104 | 106 | 113 | 116 | 124 | 126 |
| Operating income | 36 | 32 | 44 | 31 | 38 | 53 | 79 | 303 |
| Interest expense | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 10 |
| Income before tax | 31 | 27 | 43 | 30 | 34 | 49 | 80 | 299 |
| Income tax | 8 | 8 | 10 | 7 | 9 | 13 | 19 | 70 |
| Net income | 22 | 18 | 31 | 22 | 23 | 34 | 58 | 227 |
| Diluted EPS | $0.28 | $0.23 | $0.41 | $0.29 | $0.30 | $0.44 | $0.75 | $2.93 |
| EBITDA | 70 | 66 | 78 | 66 | 73 | 87 | 118 | 338 |
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