KADANT INCKAIEarnings & Financial Report
Kadant Inc. is a company that was established in 1991, as a partly privately owned subsidiary of Thermo Electron, and partly publicly traded company, and was fully spun out and renamed Kadant in 2001. The company supports papermaking, paper recycling, wood processing, material handling, and other processing industries. Kadant is a multi-national corporation with operations in Asia, Europe, North America, and South America.
Revenue
$255.3M
Gross Profit
$117.0M
Operating Profit
$39.4M
Net Profit
$26.2M
Gross Margin
45.9%
Operating Margin
15.4%
Net Margin
10.2%
YoY Growth
-7.1%
EPS
$2.22
KADANT INC Q2 FY2025 Financial Summary
KADANT INC reported revenue of $255.3M (down 7.1% YoY) for Q2 FY2025, with a net profit of $26.2M (down 16.4% YoY) (10.2% margin). Cost of goods sold was $138.2M, operating expenses totaled $77.7M.
Key Financial Metrics
| Total Revenue | $255.3M |
|---|---|
| Net Profit | $26.2M |
| Gross Margin | 45.9% |
| Operating Margin | 15.4% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
KADANT INC Q2 FY2025 revenue of $255.3M breaks down across 4 segments, led by Industrial Processing at $95.9M (37.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Industrial Processing | $95.9M | 37.6% |
| Capital | $73.5M | 28.8% |
| Material Handling Systems | $63.4M | 24.8% |
| Transferred Over Time | $20.4M | 8.0% |
KADANT INC Revenue by Segment — Quarterly Trend
KADANT INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Industrial Processing and Capital) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Industrial Processing | — | $95.9M | $117.6M | $101.4M |
| Capital | $83.2M | $73.5M | — | — |
| Material Handling Systems | $70.3M | $63.4M | — | — |
| Transferred Over Time | $17.1M | $20.4M | $19.5M | $23.7M |
KADANT INC Annual Revenue by Year
KADANT INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.1B |
| 2023 | $957.7M |
| 2022 | $904.7M |
| 2021 | $786.6M |
KADANT INC Quarterly Revenue & Net Profit History
KADANT INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $271.6M | -0.0% | $27.7M | 10.2% |
| Q2 FY2025 | $255.3M | -7.1% | $26.2M | 10.2% |
| Q1 FY2025 | $239.2M | -3.9% | $24.1M | 10.1% |
| Q4 FY2024 | $258.0M | +8.1% | $24.0M | 9.3% |
| Q3 FY2024 | $271.6M | +11.2% | $31.6M | 11.6% |
| Q2 FY2024 | $274.8M | +12.1% | $31.3M | 11.4% |
| Q1 FY2024 | $249.0M | +8.4% | $24.7M | 9.9% |
| Q4 FY2023 | $238.7M | +2.8% | $27.4M | 11.5% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $238.7M | $249.0M | $274.8M | $271.6M | $258.0M | $239.2M | $255.3M | $271.6M |
| YoY Growth | 2.8% | 8.4% | 12.1% | 11.2% | 8.1% | -3.9% | -7.1% | -0.0% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.18B | $1.41B | $1.46B | $1.49B | $1.43B | $1.44B | $1.48B | $1.53B |
| Liabilities | $402.0M | $626.7M | $648.3M | $637.6M | $583.2M | N/A | N/A | N/A |
| Equity | $773.7M | $782.7M | $807.7M | $851.7M | $847.1M | $876.0M | $926.0M | $949.8M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $59.2M | $22.8M | $28.1M | $52.5M | $51.9M | $22.8M | $40.5M | $47.3M |