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Kadant Inc (KAI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY · DATA UPDATED 2026-08-24

Kadant Inc (KAI) operates in the SPECIALTY INDUSTRIAL MACHINERY industry and is headquartered in Westford, United States with about 4,000 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, KAI reported $1.1B in revenue and $102M in net income.

Kadant Inc. supplies technologies and engineered systems worldwide. The company operates through three segments: Flow Control, Industrial Processing, and Material Handling.

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KAI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$1.2B$1.1B$1.1B$958M$905M$787M$635M$705M$634M$515M$414M$390M$402M$344M$332M$335M$270M$226M$329M$366M$342M
Gross Profit$512M$476M$466M$416M$390M$337M$277M$294M$278M$231M$188M$180M$178M$158M$146M$145M$118M$91M$136M$139M$127M
Gross Margin %44.4%45.2%44.2%43.5%43.1%42.9%43.7%41.7%43.9%44.9%45.5%46.2%44.4%45.8%44.0%43.3%43.9%40.3%41.3%37.9%37.1%
Operating Income (EBIT)$173M$157M$171M$166M$171M$117M$81M$88M$89M$61M$46M$50M$42M$33M$36M$37M$24M$4M$31M$37M$31M
Operating Margin %15.0%14.9%16.3%17.3%18.9%14.8%12.8%12.5%14.0%11.8%11.0%12.8%10.5%9.7%11.0%11.1%8.9%1.9%9.5%10.2%9.1%
Net Income$110M$102M$112M$116M$121M$84M$55M$52M$60M$31M$32M$34M$29M$23M$32M$34M$19M($6M)($23M)$23M$17M
Net Margin %9.5%9.7%10.6%12.1%13.4%10.7%8.7%7.4%9.5%6.0%7.8%8.8%7.1%6.8%9.5%10.0%6.9%-2.6%-6.9%6.2%5.0%
EBITDA$250M$210M$223M$201M$207M$151M$112M$114M$118M$91M$61M$61M$57M$46M$45M$45M$31M$12M($4M)$45M$39M
Earnings Per Share (EPS)$9.29$8.65$9.48$9.90$10.35$7.21$4.77$4.54$5.30$2.75$2.88$3.10$2.56$2.07$2.73$2.74$1.48$-0.48$-1.67$1.59$1.21
Shares Outstanding (M)12M12M12M12M12M12M12M11M11M11M11M11M11M11M12M12M12M12M14M14M14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

KAI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$313M$282M$286M$272M$255M$239M$258M$272M
Gross Profit$137M$127M$126M$123M$117M$110M$112M$121M
Gross Margin %43.8%45.0%43.9%45.2%45.9%46.1%43.4%44.7%
Operating Income (EBIT)$51M$40M$40M$43M$39M$36M$37M$49M
Operating Margin %16.3%14.2%13.9%15.7%15.4%14.9%14.3%18.0%
Net Income$32M$26M$24M$28M$26M$24M$24M$32M
Net Margin %10.4%9.1%8.4%10.2%10.2%10.1%9.3%11.6%
EBITDA$84M$55M$41M$70M$52M$48M$51M$62M
Earnings Per Share (EPS)$2.75$2.16$2.04$2.35$2.22$2.04$2.04$2.68
Shares Outstanding (M)12M12M12M12M12M12M12M12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

KAI Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$183M$171M$155M$166M$103M$162M$93M$97M$63M$65M$51M$38M$49M$40M$29M$34M$28M$43M$20M$32M$8M
Capital Expenditures (CapEx)$23M$17M$21M$32M$28M$13M$8M$10M$17M$17M$6M$5M$7M$6M$4M$8M$3M$3M$6M$5M$4M
Free Cash Flow (FCF)$160M$154M$134M$134M$74M$150M$85M$87M$46M$48M$45M$32M$42M$34M$25M$26M$25M$40M$14M$27M$4M
FCF Margin %13.9%14.7%12.8%14.0%8.2%19.0%13.4%12.4%7.3%9.3%10.9%8.3%10.5%9.8%7.5%7.8%9.3%17.9%4.2%7.3%1.2%
Dividends Paid$17M$16M$15M$13M$12M$11M$11M$10M$10M$9M$8M$7M$6M$4M$5M$5M$22M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

KAI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$54M$22M$61M$47M$40M$23M$52M$52M
Capital Expenditures (CapEx)$11M$3M$6M$3M$4M$4M$6M$4M
Free Cash Flow (FCF)$43M$19M$55M$44M$37M$19M$46M$48M
FCF Margin %13.6%6.6%19.1%16.2%14.3%7.9%17.9%17.8%
Dividends Paid$4M$5M$4M$4M$4M$4M$4M$4M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

KAI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$1.9B$1.7B$1.4B$1.2B$1.1B$1.1B$928M$939M$726M$761M$471M$415M$414M$442M$359M$358M$337M$308M$357M$437M$393M
Cash & Cash Equivalents$135M$123M$95M$106M$80M$94M$67M$68M$46M$77M$74M$67M$46M$50M$55M$47M$62M$46M$40M$62M$40M
Total Liabilities$856M$721M$572M$399M$494M$567M$431M$512M$351M$429M$186M$148M$148M$172M$109M$135M$129M$114M$163M$157M$154M
Total Debt (Short + Long-Term)$3M$378M$295M$116M$207M$270M$239M$305M$176M$145M$66M$31M$26M$39M$7M$12M$23M$23M$55M$41M$54M
Total Shareholders' Equity$1.0B$980M$847M$774M$654M$566M$495M$426M$375M$333M$284M$268M$265M$270M$249M$224M$206M$194M$193M$279M$238M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive KAI viewer.

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