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Side-by-side financial comparison of KENNAMETAL INC (KMT) and Rackspace Technology, Inc. (RXT). Click either name above to swap in a different company.

Rackspace Technology, Inc. is the larger business by last-quarter revenue ($682.8M vs $529.5M, roughly 1.3× KENNAMETAL INC). KENNAMETAL INC runs the higher net margin — 6.4% vs -4.8%, a 11.2% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (9.8% vs -0.4%). Rackspace Technology, Inc. produced more free cash flow last quarter ($56.0M vs $42.4M). Over the past eight quarters, KENNAMETAL INC's revenue compounded faster (1.3% CAGR vs -0.6%).

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.

Rackspace Technology, Inc. is an American cloud computing company based in San Antonio, Texas. It also has offices in Reston, Virginia, as well as in Australia, Canada, United Kingdom, India, Dubai, Switzerland, the Netherlands, Germany, Singapore, Mexico, Toronto and Hong Kong. Its data centers are located in Amsterdam (Netherlands), Virginia (USA), Chicago (USA), Dallas (USA), London (UK), Frankfurt (Germany), Hong Kong (China), Kansas City (USA), New York City (USA), San Jose (USA), Shangh...

KMT vs RXT — Head-to-Head

Bigger by revenue
RXT
RXT
1.3× larger
RXT
$682.8M
$529.5M
KMT
Growing faster (revenue YoY)
KMT
KMT
+10.3% gap
KMT
9.8%
-0.4%
RXT
Higher net margin
KMT
KMT
11.2% more per $
KMT
6.4%
-4.8%
RXT
More free cash flow
RXT
RXT
$13.6M more FCF
RXT
$56.0M
$42.4M
KMT
Faster 2-yr revenue CAGR
KMT
KMT
Annualised
KMT
1.3%
-0.6%
RXT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
KMT
KMT
RXT
RXT
Revenue
$529.5M
$682.8M
Net Profit
$33.9M
$-32.7M
Gross Margin
32.8%
17.6%
Operating Margin
9.9%
-0.5%
Net Margin
6.4%
-4.8%
Revenue YoY
9.8%
-0.4%
Net Profit YoY
89.0%
41.6%
EPS (diluted)
$0.44
$-0.13

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
RXT
RXT
Q4 25
$529.5M
$682.8M
Q3 25
$498.0M
$671.2M
Q2 25
$516.4M
$666.3M
Q1 25
$486.4M
$665.4M
Q4 24
$482.1M
$685.6M
Q3 24
$481.9M
$675.8M
Q2 24
$543.3M
$684.9M
Q1 24
$515.8M
$690.8M
Net Profit
KMT
KMT
RXT
RXT
Q4 25
$33.9M
$-32.7M
Q3 25
$23.3M
$-67.1M
Q2 25
$21.6M
$-54.5M
Q1 25
$31.5M
$-71.5M
Q4 24
$17.9M
$-56.0M
Q3 24
$22.1M
$-186.6M
Q2 24
$37.2M
$25.0M
Q1 24
$19.0M
$-640.6M
Gross Margin
KMT
KMT
RXT
RXT
Q4 25
32.8%
17.6%
Q3 25
31.0%
19.4%
Q2 25
28.2%
19.4%
Q1 25
32.1%
19.1%
Q4 24
30.1%
19.2%
Q3 24
31.3%
20.3%
Q2 24
31.5%
19.2%
Q1 24
29.7%
19.2%
Operating Margin
KMT
KMT
RXT
RXT
Q4 25
9.9%
-0.5%
Q3 25
7.5%
-5.1%
Q2 25
6.1%
-3.8%
Q1 25
9.1%
-5.8%
Q4 24
6.6%
-4.2%
Q3 24
7.5%
-25.7%
Q2 24
11.3%
-7.9%
Q1 24
6.8%
-94.5%
Net Margin
KMT
KMT
RXT
RXT
Q4 25
6.4%
-4.8%
Q3 25
4.7%
-10.0%
Q2 25
4.2%
-8.2%
Q1 25
6.5%
-10.7%
Q4 24
3.7%
-8.2%
Q3 24
4.6%
-27.6%
Q2 24
6.8%
3.7%
Q1 24
3.7%
-92.7%
EPS (diluted)
KMT
KMT
RXT
RXT
Q4 25
$0.44
$-0.13
Q3 25
$0.30
$-0.28
Q2 25
$0.28
$-0.23
Q1 25
$0.41
$-0.31
Q4 24
$0.23
$-0.20
Q3 24
$0.28
$-0.82
Q2 24
$0.47
$0.11
Q1 24
$0.24
$-2.91

Balance Sheet & Financial Strength

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

Metric
KMT
KMT
RXT
RXT
Cash + ST InvestmentsLiquidity on hand
$129.3M
$105.8M
Total DebtLower is stronger
$597.2M
$2.7B
Stockholders' EquityBook value
$1.3B
$-1.2B
Total Assets
$2.6B
$2.8B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMT
KMT
RXT
RXT
Q4 25
$129.3M
$105.8M
Q3 25
$103.5M
$99.5M
Q2 25
$140.5M
$103.9M
Q1 25
$97.5M
$128.0M
Q4 24
$121.2M
$144.0M
Q3 24
$119.6M
$157.1M
Q2 24
$128.0M
$190.2M
Q1 24
$92.1M
$282.6M
Total Debt
KMT
KMT
RXT
RXT
Q4 25
$597.2M
$2.7B
Q3 25
$597.0M
$2.8B
Q2 25
$596.8M
$2.8B
Q1 25
$596.6M
$2.8B
Q4 24
$596.4M
$2.8B
Q3 24
$596.2M
$2.8B
Q2 24
$596.0M
$2.9B
Q1 24
$595.8M
$3.0B
Stockholders' Equity
KMT
KMT
RXT
RXT
Q4 25
$1.3B
$-1.2B
Q3 25
$1.3B
$-1.2B
Q2 25
$1.3B
$-1.1B
Q1 25
$1.2B
$-1.1B
Q4 24
$1.2B
$-1.0B
Q3 24
$1.3B
$-949.7M
Q2 24
$1.2B
$-756.2M
Q1 24
$1.3B
$-787.2M
Total Assets
KMT
KMT
RXT
RXT
Q4 25
$2.6B
$2.8B
Q3 25
$2.5B
$2.8B
Q2 25
$2.5B
$2.9B
Q1 25
$2.5B
$3.0B
Q4 24
$2.4B
$3.1B
Q3 24
$2.5B
$3.1B
Q2 24
$2.5B
$3.4B
Q1 24
$2.5B
$3.5B
Debt / Equity
KMT
KMT
RXT
RXT
Q4 25
0.45×
Q3 25
0.46×
Q2 25
0.46×
Q1 25
0.48×
Q4 24
0.49×
Q3 24
0.47×
Q2 24
0.48×
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
RXT
RXT
Operating Cash FlowLast quarter
$55.1M
$59.7M
Free Cash FlowOCF − Capex
$42.4M
$56.0M
FCF MarginFCF / Revenue
8.0%
8.2%
Capex IntensityCapex / Revenue
2.4%
0.5%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$99.3M
$90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMT
KMT
RXT
RXT
Q4 25
$55.1M
$59.7M
Q3 25
$17.5M
$70.7M
Q2 25
$78.6M
$8.4M
Q1 25
$28.8M
$12.6M
Q4 24
$55.2M
$54.3M
Q3 24
$45.7M
$51.8M
Q2 24
$113.6M
$24.1M
Q1 24
$75.2M
$-90.3M
Free Cash Flow
KMT
KMT
RXT
RXT
Q4 25
$42.4M
$56.0M
Q3 25
$-5.5M
$42.7M
Q2 25
$57.1M
$-12.4M
Q1 25
$5.3M
$4.3M
Q4 24
$35.9M
$34.4M
Q3 24
$21.0M
$27.3M
Q2 24
$90.3M
$-14.5M
Q1 24
$48.4M
$-118.4M
FCF Margin
KMT
KMT
RXT
RXT
Q4 25
8.0%
8.2%
Q3 25
-1.1%
6.4%
Q2 25
11.1%
-1.9%
Q1 25
1.1%
0.6%
Q4 24
7.5%
5.0%
Q3 24
4.4%
4.0%
Q2 24
16.6%
-2.1%
Q1 24
9.4%
-17.1%
Capex Intensity
KMT
KMT
RXT
RXT
Q4 25
2.4%
0.5%
Q3 25
4.6%
4.2%
Q2 25
4.2%
3.1%
Q1 25
4.8%
1.2%
Q4 24
4.0%
2.9%
Q3 24
5.1%
3.6%
Q2 24
4.3%
5.6%
Q1 24
5.2%
4.1%
Cash Conversion
KMT
KMT
RXT
RXT
Q4 25
1.63×
Q3 25
0.75×
Q2 25
3.64×
Q1 25
0.92×
Q4 24
3.08×
Q3 24
2.07×
Q2 24
3.06×
0.96×
Q1 24
3.96×

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%

RXT
RXT

Public Cloud Services Segment$442.2M65%
Private Cloud Service Segment$240.6M35%

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