Kadant Inc (KAI)
NYSE:KAI
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.86Last Year’s EPS
2.31Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and commercial picture: record bookings, strong recurring aftermarket revenue (74% of sales), double-digit organic growth in bookings, solid adjusted EBITDA and an EPS beat. Management raised full-year revenue guidance while incorporating the recent acquisition, highlighting confidence in long-term growth and integration progress. Offsetting these positives are margin pressure from acquisition-related amortization and product mix, higher SG&A from acquisitions and FX, temporary working capital and cash conversion headwinds, short-term EPS dilution and an expected near-term increase in leverage due to acquisition financing, and geopolitical uncertainty that is delaying some capital projects. Overall, the momentum in bookings, parts revenue and profit growth outweighs near-term acquisition-related and macro headwinds.Company Guidance
Record Bookings and Strong Order Growth
Total bookings increased 25% year-over-year in Q1, driven by double-digit organic growth and recent acquisitions; book-to-bill rose to 1.14 (a 3-year high) and ending backlog increased 13% sequentially to $326 million.
Revenue Growth
Consolidated revenue increased 18% year-over-year to $281.5 million in Q1 2026.
Record Aftermarket Parts Revenue
Aftermarket parts and consumables revenue reached a record $209 million, representing 74% of total Q1 revenue, supporting recurring revenue and margin stability.
Profitability Improvement and Beat
Adjusted EBITDA increased 19% year-over-year to $56.8 million (20.2% of revenue). Adjusted EPS rose 14% to $2.84 and beat the high end of guidance by $0.43.
Segment-Level Strength — Industrial Processing
Industrial Processing posted record bookings of $145 million with organic bookings up 23%; segment revenue increased 37% year-over-year to $123 million and adjusted EBITDA margin remained healthy at 24%.
Flow Control Performance
Flow Control bookings increased 12% to a record $112 million; Q1 revenue rose 7% to $99 million with aftermarket parts comprising 77% of segment revenue and adjusted EBITDA margin of 27.8%.
Material Handling Stability
Material Handling achieved steady growth with revenue up 5% to $60 million and bookings modestly higher at $65 million, and management notes a strong backlog supporting fundamentals in aggregate mining, waste management and recycling.
Strategic M&A and Integration Progress
Closed acquisition of voestalpine BOHLER Profil (Kadant Profil) and integrations of 2025 acquisitions Clyde Industries and Babbini progressing well; management expects the profile acquisition to be accretive to long-term earnings growth.
Balance Sheet and Liquidity
Net debt decreased $8 million sequentially to $244 million and leverage ratio fell to 1.27 at quarter end; available borrowing capacity remained substantial (~$210 million under revolver plus ~$200 million uncommitted).
KAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KAI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $288.86 | $327.52 | +13.38% |
Feb 23, 2026 | $327.17 | $335.34 | +2.50% |
Oct 28, 2025 | $297.88 | $300.21 | +0.78% |
Jul 29, 2025 | $343.25 | $357.40 | +4.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kadant Inc (KAI) report earnings?
Kadant Inc (KAI) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Kadant Inc (KAI) earnings time?
Kadant Inc (KAI) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KAI EPS forecast?
KAI EPS forecast for the fiscal quarter 2026 (Q2) is 2.86.