vs

Side-by-side financial comparison of KENNAMETAL INC (KMT) and OSI SYSTEMS INC (OSIS). Click either name above to swap in a different company.

KENNAMETAL INC is the larger business by last-quarter revenue ($529.5M vs $464.1M, roughly 1.1× OSI SYSTEMS INC). OSI SYSTEMS INC runs the higher net margin — 8.3% vs 6.4%, a 1.9% gap on every dollar of revenue. On growth, OSI SYSTEMS INC posted the faster year-over-year revenue change (10.5% vs 9.8%). OSI SYSTEMS INC produced more free cash flow last quarter ($55.5M vs $42.4M). Over the past eight quarters, OSI SYSTEMS INC's revenue compounded faster (7.0% CAGR vs 1.3%).

Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices. As of June 2010, the company employs approximately 3,180 personnel globally and includes subsidiary companies Spacelabs Healthcare, Rapiscan Systems and OSI Optoelectronics.

KMT vs OSIS — Head-to-Head

Bigger by revenue
KMT
KMT
1.1× larger
KMT
$529.5M
$464.1M
OSIS
Growing faster (revenue YoY)
OSIS
OSIS
+0.7% gap
OSIS
10.5%
9.8%
KMT
Higher net margin
OSIS
OSIS
1.9% more per $
OSIS
8.3%
6.4%
KMT
More free cash flow
OSIS
OSIS
$13.1M more FCF
OSIS
$55.5M
$42.4M
KMT
Faster 2-yr revenue CAGR
OSIS
OSIS
Annualised
OSIS
7.0%
1.3%
KMT

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
KMT
KMT
OSIS
OSIS
Revenue
$529.5M
$464.1M
Net Profit
$33.9M
$38.7M
Gross Margin
32.8%
32.7%
Operating Margin
9.9%
12.7%
Net Margin
6.4%
8.3%
Revenue YoY
9.8%
10.5%
Net Profit YoY
89.0%
2.3%
EPS (diluted)
$0.44
$2.22

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
KMT
KMT
OSIS
OSIS
Q4 25
$529.5M
$464.1M
Q3 25
$498.0M
$384.6M
Q2 25
$516.4M
$505.0M
Q1 25
$486.4M
$444.4M
Q4 24
$482.1M
$419.8M
Q3 24
$481.9M
$344.0M
Q2 24
$543.3M
$480.9M
Q1 24
$515.8M
$405.4M
Net Profit
KMT
KMT
OSIS
OSIS
Q4 25
$33.9M
$38.7M
Q3 25
$23.3M
$20.6M
Q2 25
$21.6M
$52.7M
Q1 25
$31.5M
$41.1M
Q4 24
$17.9M
$37.8M
Q3 24
$22.1M
$17.9M
Q2 24
$37.2M
$44.7M
Q1 24
$19.0M
$34.0M
Gross Margin
KMT
KMT
OSIS
OSIS
Q4 25
32.8%
32.7%
Q3 25
31.0%
32.0%
Q2 25
28.2%
33.3%
Q1 25
32.1%
33.8%
Q4 24
30.1%
35.1%
Q3 24
31.3%
35.3%
Q2 24
31.5%
32.1%
Q1 24
29.7%
33.6%
Operating Margin
KMT
KMT
OSIS
OSIS
Q4 25
9.9%
12.7%
Q3 25
7.5%
8.6%
Q2 25
6.1%
14.5%
Q1 25
9.1%
12.7%
Q4 24
6.6%
13.8%
Q3 24
7.5%
8.8%
Q2 24
11.3%
13.1%
Q1 24
6.8%
12.7%
Net Margin
KMT
KMT
OSIS
OSIS
Q4 25
6.4%
8.3%
Q3 25
4.7%
5.3%
Q2 25
4.2%
10.4%
Q1 25
6.5%
9.3%
Q4 24
3.7%
9.0%
Q3 24
4.6%
5.2%
Q2 24
6.8%
9.3%
Q1 24
3.7%
8.4%
EPS (diluted)
KMT
KMT
OSIS
OSIS
Q4 25
$0.44
$2.22
Q3 25
$0.30
$1.18
Q2 25
$0.28
$3.04
Q1 25
$0.41
$2.40
Q4 24
$0.23
$2.22
Q3 24
$0.28
$1.05
Q2 24
$0.47
$2.57
Q1 24
$0.24
$1.95

Balance Sheet & Financial Strength

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

Metric
KMT
KMT
OSIS
OSIS
Cash + ST InvestmentsLiquidity on hand
$129.3M
$336.7M
Total DebtLower is stronger
$597.2M
$1.0B
Stockholders' EquityBook value
$1.3B
$845.5M
Total Assets
$2.6B
$2.5B
Debt / EquityLower = less leverage
0.45×
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMT
KMT
OSIS
OSIS
Q4 25
$129.3M
$336.7M
Q3 25
$103.5M
$124.4M
Q2 25
$140.5M
$106.4M
Q1 25
$97.5M
$95.8M
Q4 24
$121.2M
$101.6M
Q3 24
$119.6M
$85.1M
Q2 24
$128.0M
$95.4M
Q1 24
$92.1M
$101.4M
Total Debt
KMT
KMT
OSIS
OSIS
Q4 25
$597.2M
$1.0B
Q3 25
$597.0M
$442.2M
Q2 25
$596.8M
$471.6M
Q1 25
$596.6M
$473.2M
Q4 24
$596.4M
$474.8M
Q3 24
$596.2M
$476.3M
Q2 24
$596.0M
$137.6M
Q1 24
$595.8M
Stockholders' Equity
KMT
KMT
OSIS
OSIS
Q4 25
$1.3B
$845.5M
Q3 25
$1.3B
$946.0M
Q2 25
$1.3B
$951.1M
Q1 25
$1.2B
$879.3M
Q4 24
$1.2B
$825.8M
Q3 24
$1.3B
$786.5M
Q2 24
$1.2B
$863.5M
Q1 24
$1.3B
$813.4M
Total Assets
KMT
KMT
OSIS
OSIS
Q4 25
$2.6B
$2.5B
Q3 25
$2.5B
$2.3B
Q2 25
$2.5B
$2.2B
Q1 25
$2.5B
$2.1B
Q4 24
$2.4B
$2.1B
Q3 24
$2.5B
$2.1B
Q2 24
$2.5B
$1.9B
Q1 24
$2.5B
$1.8B
Debt / Equity
KMT
KMT
OSIS
OSIS
Q4 25
0.45×
1.19×
Q3 25
0.46×
0.47×
Q2 25
0.46×
0.50×
Q1 25
0.48×
0.54×
Q4 24
0.49×
0.57×
Q3 24
0.47×
0.61×
Q2 24
0.48×
0.16×
Q1 24
0.47×

Cash Flow & Capital Efficiency

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

Metric
KMT
KMT
OSIS
OSIS
Operating Cash FlowLast quarter
$55.1M
$62.2M
Free Cash FlowOCF − Capex
$42.4M
$55.5M
FCF MarginFCF / Revenue
8.0%
12.0%
Capex IntensityCapex / Revenue
2.4%
1.4%
Cash ConversionOCF / Net Profit
1.63×
1.61×
TTM Free Cash FlowTrailing 4 quarters
$99.3M
$137.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMT
KMT
OSIS
OSIS
Q4 25
$55.1M
$62.2M
Q3 25
$17.5M
$17.1M
Q2 25
$78.6M
$562.0K
Q1 25
$28.8M
$81.6M
Q4 24
$55.2M
$52.5M
Q3 24
$45.7M
$-37.2M
Q2 24
$113.6M
$-29.0M
Q1 24
$75.2M
$-52.1M
Free Cash Flow
KMT
KMT
OSIS
OSIS
Q4 25
$42.4M
$55.5M
Q3 25
$-5.5M
$10.1M
Q2 25
$57.1M
$-5.6M
Q1 25
$5.3M
$77.1M
Q4 24
$35.9M
$47.1M
Q3 24
$21.0M
$-44.9M
Q2 24
$90.3M
$-37.5M
Q1 24
$48.4M
$-57.0M
FCF Margin
KMT
KMT
OSIS
OSIS
Q4 25
8.0%
12.0%
Q3 25
-1.1%
2.6%
Q2 25
11.1%
-1.1%
Q1 25
1.1%
17.4%
Q4 24
7.5%
11.2%
Q3 24
4.4%
-13.0%
Q2 24
16.6%
-7.8%
Q1 24
9.4%
-14.1%
Capex Intensity
KMT
KMT
OSIS
OSIS
Q4 25
2.4%
1.4%
Q3 25
4.6%
1.8%
Q2 25
4.2%
1.2%
Q1 25
4.8%
1.0%
Q4 24
4.0%
1.3%
Q3 24
5.1%
2.2%
Q2 24
4.3%
1.8%
Q1 24
5.2%
1.2%
Cash Conversion
KMT
KMT
OSIS
OSIS
Q4 25
1.63×
1.61×
Q3 25
0.75×
0.83×
Q2 25
3.64×
0.01×
Q1 25
0.92×
1.98×
Q4 24
3.08×
1.39×
Q3 24
2.07×
-2.07×
Q2 24
3.06×
-0.65×
Q1 24
3.96×
-1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KMT
KMT

Metal Cutting$331.1M63%
Infrastructure$198.5M37%

OSIS
OSIS

Security Division$334.7M72%
Optoelectronics And Manufacturing Division$92.8M20%
Healthcare Division$36.5M8%

Related Comparisons