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Side-by-side financial comparison of Adeia Inc. (ADEA) and KADANT INC (KAI). Click either name above to swap in a different company.

KADANT INC is the larger business by last-quarter revenue ($271.6M vs $182.6M, roughly 1.5× Adeia Inc.). Adeia Inc. runs the higher net margin — 40.4% vs 10.2%, a 30.2% gap on every dollar of revenue. On growth, Adeia Inc. posted the faster year-over-year revenue change (53.3% vs -0.0%). Adeia Inc. produced more free cash flow last quarter ($59.4M vs $44.1M). Over the past eight quarters, Adeia Inc.'s revenue compounded faster (48.0% CAGR vs 6.7%).

Adeia Inc. is a global intellectual property licensing and innovation firm focused on developing, protecting and commercializing patented technologies across semiconductor manufacturing, connected consumer electronics, media distribution and smart device segments. It partners with leading global technology enterprises to deploy its innovations, supporting continuous industry technological progress.

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.

ADEA vs KAI — Head-to-Head

Bigger by revenue
KAI
KAI
1.5× larger
KAI
$271.6M
$182.6M
ADEA
Growing faster (revenue YoY)
ADEA
ADEA
+53.3% gap
ADEA
53.3%
-0.0%
KAI
Higher net margin
ADEA
ADEA
30.2% more per $
ADEA
40.4%
10.2%
KAI
More free cash flow
ADEA
ADEA
$15.3M more FCF
ADEA
$59.4M
$44.1M
KAI
Faster 2-yr revenue CAGR
ADEA
ADEA
Annualised
ADEA
48.0%
6.7%
KAI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ADEA
ADEA
KAI
KAI
Revenue
$182.6M
$271.6M
Net Profit
$73.7M
$27.7M
Gross Margin
45.2%
Operating Margin
59.5%
15.7%
Net Margin
40.4%
10.2%
Revenue YoY
53.3%
-0.0%
Net Profit YoY
104.6%
-12.2%
EPS (diluted)
$0.66
$2.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADEA
ADEA
KAI
KAI
Q4 25
$182.6M
Q3 25
$87.3M
$271.6M
Q2 25
$85.7M
$255.3M
Q1 25
$87.7M
$239.2M
Q4 24
$119.2M
$258.0M
Q3 24
$86.1M
$271.6M
Q2 24
$87.3M
$274.8M
Q1 24
$83.4M
$249.0M
Net Profit
ADEA
ADEA
KAI
KAI
Q4 25
$73.7M
Q3 25
$8.8M
$27.7M
Q2 25
$16.7M
$26.2M
Q1 25
$11.8M
$24.1M
Q4 24
$36.0M
$24.0M
Q3 24
$19.3M
$31.6M
Q2 24
$8.4M
$31.3M
Q1 24
$899.0K
$24.7M
Gross Margin
ADEA
ADEA
KAI
KAI
Q4 25
Q3 25
45.2%
Q2 25
45.9%
Q1 25
46.1%
Q4 24
43.4%
Q3 24
44.7%
Q2 24
44.4%
Q1 24
44.6%
Operating Margin
ADEA
ADEA
KAI
KAI
Q4 25
59.5%
Q3 25
30.9%
15.7%
Q2 25
19.1%
15.4%
Q1 25
26.0%
14.9%
Q4 24
48.2%
14.3%
Q3 24
32.7%
18.0%
Q2 24
27.1%
17.6%
Q1 24
23.2%
14.8%
Net Margin
ADEA
ADEA
KAI
KAI
Q4 25
40.4%
Q3 25
10.1%
10.2%
Q2 25
19.5%
10.2%
Q1 25
13.5%
10.1%
Q4 24
30.2%
9.3%
Q3 24
22.4%
11.6%
Q2 24
9.6%
11.4%
Q1 24
1.1%
9.9%
EPS (diluted)
ADEA
ADEA
KAI
KAI
Q4 25
$0.66
Q3 25
$0.08
$2.35
Q2 25
$0.15
$2.22
Q1 25
$0.10
$2.04
Q4 24
$0.32
$2.04
Q3 24
$0.17
$2.68
Q2 24
$0.07
$2.66
Q1 24
$0.01
$2.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADEA
ADEA
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$136.7M
$124.5M
Total DebtLower is stronger
$418.5M
$254.6M
Stockholders' EquityBook value
$480.5M
$949.8M
Total Assets
$1.0B
$1.5B
Debt / EquityLower = less leverage
0.87×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADEA
ADEA
KAI
KAI
Q4 25
$136.7M
Q3 25
$115.1M
$124.5M
Q2 25
$116.5M
$95.3M
Q1 25
$116.5M
$91.7M
Q4 24
$110.4M
$94.7M
Q3 24
$89.2M
$88.4M
Q2 24
$94.5M
$73.8M
Q1 24
$89.0M
$81.4M
Total Debt
ADEA
ADEA
KAI
KAI
Q4 25
$418.5M
Q3 25
$438.7M
$254.6M
Q2 25
$448.9M
$245.7M
Q1 25
$459.2M
$273.5M
Q4 24
$475.5M
$285.2M
Q3 24
$524.4M
$323.2M
Q2 24
$535.6M
$342.0M
Q1 24
$546.3M
$306.8M
Stockholders' Equity
ADEA
ADEA
KAI
KAI
Q4 25
$480.5M
Q3 25
$413.7M
$949.8M
Q2 25
$402.9M
$926.0M
Q1 25
$389.5M
$876.0M
Q4 24
$396.6M
$847.1M
Q3 24
$378.2M
$851.7M
Q2 24
$359.1M
$807.7M
Q1 24
$350.0M
$782.7M
Total Assets
ADEA
ADEA
KAI
KAI
Q4 25
$1.0B
Q3 25
$1.1B
$1.5B
Q2 25
$1.1B
$1.5B
Q1 25
$1.1B
$1.4B
Q4 24
$1.1B
$1.4B
Q3 24
$1.1B
$1.5B
Q2 24
$1.1B
$1.5B
Q1 24
$1.1B
$1.4B
Debt / Equity
ADEA
ADEA
KAI
KAI
Q4 25
0.87×
Q3 25
1.06×
0.27×
Q2 25
1.11×
0.27×
Q1 25
1.18×
0.31×
Q4 24
1.20×
0.34×
Q3 24
1.39×
0.38×
Q2 24
1.49×
0.42×
Q1 24
1.56×
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADEA
ADEA
KAI
KAI
Operating Cash FlowLast quarter
$60.0M
$47.3M
Free Cash FlowOCF − Capex
$59.4M
$44.1M
FCF MarginFCF / Revenue
32.5%
16.2%
Capex IntensityCapex / Revenue
0.3%
1.2%
Cash ConversionOCF / Net Profit
0.81×
1.70×
TTM Free Cash FlowTrailing 4 quarters
$156.3M
$145.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADEA
ADEA
KAI
KAI
Q4 25
$60.0M
Q3 25
$17.8M
$47.3M
Q2 25
$23.1M
$40.5M
Q1 25
$57.1M
$22.8M
Q4 24
$107.5M
$51.9M
Q3 24
$14.3M
$52.5M
Q2 24
$23.5M
$28.1M
Q1 24
$67.2M
$22.8M
Free Cash Flow
ADEA
ADEA
KAI
KAI
Q4 25
$59.4M
Q3 25
$17.0M
$44.1M
Q2 25
$22.9M
$36.5M
Q1 25
$56.9M
$19.0M
Q4 24
$106.9M
$46.3M
Q3 24
$14.3M
$48.3M
Q2 24
$23.0M
$23.1M
Q1 24
$66.4M
$16.6M
FCF Margin
ADEA
ADEA
KAI
KAI
Q4 25
32.5%
Q3 25
19.5%
16.2%
Q2 25
26.7%
14.3%
Q1 25
64.9%
7.9%
Q4 24
89.7%
17.9%
Q3 24
16.6%
17.8%
Q2 24
26.4%
8.4%
Q1 24
79.7%
6.7%
Capex Intensity
ADEA
ADEA
KAI
KAI
Q4 25
0.3%
Q3 25
0.9%
1.2%
Q2 25
0.2%
1.6%
Q1 25
0.3%
1.6%
Q4 24
0.5%
2.2%
Q3 24
0.1%
1.5%
Q2 24
0.5%
1.8%
Q1 24
1.0%
2.5%
Cash Conversion
ADEA
ADEA
KAI
KAI
Q4 25
0.81×
Q3 25
2.02×
1.70×
Q2 25
1.38×
1.55×
Q1 25
4.84×
0.95×
Q4 24
2.98×
2.16×
Q3 24
0.74×
1.66×
Q2 24
2.80×
0.90×
Q1 24
74.78×
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADEA
ADEA

Media Platform$172.9M95%
Semiconductor$9.7M5%

KAI
KAI

Flow Control$94.8M35%
Capital$83.2M31%
Material Handling Systems$70.3M26%
Transferred Over Time$17.1M6%
Other$6.1M2%

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