Kadant Inc. (KAI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 281.5M | 286.2M | 271.57M | 255.27M | 239.21M | 258.03M | 271.61M | 274.76M | 248.97M | 238.68M | 244.18M | 245.05M | 229.76M | 232.1M | 224.51M | 221.65M | 226.48M | 218.52M | 199.79M | 195.81M |
| Revenue Growth % | 17.68% | 10.92% | -0.02% | -7.1% | -3.92% | 8.11% | 11.23% | 12.12% | 8.36% | 2.83% | 8.76% | 10.56% | 1.45% | 6.22% | 12.37% | 13.2% | 31.32% | 29.74% | 29.22% | 28.1% |
| Cost of Goods Sold | 154.8M | 160.51M | 148.91M | 138.22M | 128.88M | 146.17M | 150.18M | 152.88M | 138.01M | 136.69M | 138.46M | 138.5M | 127.71M | 132.15M | 129.15M | 125.61M | 128.27M | 125.88M | 116.1M | 110.49M |
| COGS % of Revenue | 54.99% | 56.08% | 54.83% | 54.15% | 53.88% | 56.65% | 55.29% | 55.64% | 55.43% | 57.27% | 56.7% | 56.52% | 55.59% | 56.94% | 57.53% | 56.67% | 56.64% | 57.61% | 58.11% | 56.43% |
| Gross Profit | 126.7M | 125.69M | 122.66M | 117.04M | 110.33M | 111.86M | 121.44M | 121.89M | 110.96M | 101.98M | 105.73M | 106.55M | 102.05M | 99.95M | 95.36M | 96.04M | 98.21M | 92.64M | 83.69M | 85.32M |
| Gross Margin % | 45.01% | 43.92% | 45.17% | 45.85% | 46.12% | 43.35% | 44.71% | 44.36% | 44.57% | 42.73% | 43.3% | 43.48% | 44.41% | 43.06% | 42.47% | 43.33% | 43.36% | 42.39% | 41.89% | 43.57% |
| Gross Profit Growth % | 14.84% | 12.37% | 1.01% | -3.98% | -0.57% | 9.68% | 14.86% | 14.39% | 8.74% | 2.04% | 10.88% | 10.95% | 3.9% | 7.89% | 13.94% | 12.56% | 29.71% | 24.82% | 22.51% | 28.4% |
| Operating Expenses | 86.59M | 85.99M | 80.05M | 77.67M | 74.74M | 74.92M | 72.45M | 73.49M | 74.03M | 62.96M | 62.18M | 63.4M | 61.93M | 60.99M | 56.4M | 58.57M | 42.24M | 61.09M | 54.97M | 52.31M |
| OpEx % of Revenue | 30.76% | 30.04% | 29.48% | 30.43% | 31.25% | 29.04% | 26.67% | 26.75% | 29.74% | 26.38% | 25.47% | 25.87% | 26.96% | 26.28% | 25.12% | 26.42% | 18.65% | 27.96% | 27.51% | 26.71% |
| Selling, General & Admin | 82.54M | 80.86M | 75.84M | 73.94M | 71.22M | 70.57M | 69.04M | 70M | 70.31M | 59.82M | 57.89M | 59.99M | 58.56M | 56.77M | 53.15M | 55.32M | 59.17M | 57.77M | 52.32M | 49.27M |
| SG&A % of Revenue | 29.32% | 28.25% | 27.93% | 28.97% | 29.77% | 27.35% | 25.42% | 25.48% | 28.24% | 25.06% | 23.71% | 24.48% | 25.49% | 24.46% | 23.68% | 24.96% | 26.13% | 26.44% | 26.19% | 25.16% |
| Research & Development | 4.06M | 4.1M | 3.92M | 3.72M | 3.52M | 3.7M | 3.41M | 3.48M | 3.73M | 3.46M | 3.32M | 3.41M | 3.37M | 3.15M | 3.25M | 3.25M | 3.08M | 2.86M | 2.65M | 3.04M |
| R&D % of Revenue | 1.44% | 1.43% | 1.44% | 1.46% | 1.47% | 1.43% | 1.26% | 1.27% | 1.5% | 1.45% | 1.36% | 1.39% | 1.47% | 1.36% | 1.45% | 1.47% | 1.36% | 1.31% | 1.33% | 1.55% |
| Other Operating Expenses | 0 | 1000K | 287K | 0 | 0 | 658K | 0 | 0 | 0 | -320K | 969K | 74K | 0 | 1000K | -19K | -19K | -1000K | 465K | -23K | -24K |
| Operating Income | 40.11M | 39.71M | 42.62M | 39.38M | 35.59M | 36.94M | 48.99M | 48.4M | 36.93M | 39.02M | 43.54M | 43.08M | 40.11M | 38.95M | 38.89M | 37.47M | 55.97M | 31.55M | 28.73M | 33.01M |
| Operating Margin % | 14.25% | 13.87% | 15.69% | 15.43% | 14.88% | 14.31% | 18.04% | 17.62% | 14.83% | 16.35% | 17.83% | 17.58% | 17.46% | 16.78% | 17.32% | 16.9% | 24.71% | 14.44% | 14.38% | 16.86% |
| Operating Income Growth % | 12.71% | 7.5% | -13.01% | -18.64% | -3.63% | -5.34% | 12.5% | 12.36% | -7.94% | 0.17% | 11.98% | 14.97% | -28.33% | 23.49% | 35.36% | 13.51% | 138.93% | 43.3% | 34.65% | 82.16% |
| EBITDA | 54.76M | 54.45M | 55.01M | 51.45M | 47.6M | 50.02M | 61.76M | 60.39M | 48.67M | 47.4M | 51.78M | 51.31M | 48.56M | 47.5M | 47.34M | 45.95M | 65.42M | 41.25M | 37.92M | 40.73M |
| EBITDA Margin % | 19.45% | 19.02% | 20.26% | 20.15% | 19.9% | 19.38% | 22.74% | 21.98% | 19.55% | 19.86% | 21.2% | 20.94% | 21.14% | 20.47% | 21.09% | 20.73% | 28.88% | 18.88% | 18.98% | 20.8% |
| EBITDA Growth % | 15.04% | 8.86% | -10.93% | -14.81% | -2.19% | 5.52% | 19.28% | 17.69% | 0.22% | -0.22% | 9.37% | 11.67% | -25.77% | 15.16% | 24.84% | 12.84% | 110.26% | 37.1% | 28.9% | 58.49% |
| D&A (Non-Cash Add-back) | 14.65M | 14.74M | 12.4M | 12.07M | 12.01M | 13.08M | 12.78M | 11.99M | 11.74M | 8.38M | 8.23M | 8.24M | 8.45M | 8.55M | 8.46M | 8.49M | 9.45M | 9.71M | 9.2M | 7.72M |
| EBIT | 40.45M | 25.98M | 57.29M | 39.8M | 36.09M | 37.45M | 49.38M | 48.77M | 37.51M | 39.69M | 43.96M | 43.37M | 40.39M | 39.2M | 39.14M | 37.73M | 56.05M | 31.6M | 28.76M | 33.04M |
| Net Interest Income | -4.13M | 9.6M | -17.04M | -2.9M | -3.31M | -4.11M | -5.11M | -4.83M | -4.06M | -971K | -1.67M | -1.93M | -2.07M | -1.9M | -1.45M | -1.09M | -1.13M | -1.23M | -1.26M | -1.01M |
| Interest Income | 351K | 600K | 373K | 439K | 517K | 529K | 407K | 368K | 611K | 705K | 438K | 316K | 299K | 254K | 271K | 277K | 102K | 91K | 55K | 56K |
| Interest Expense | 4.48M | -9M | 17.41M | 3.34M | 3.82M | 4.64M | 5.52M | 5.2M | 4.67M | 1.68M | 2.11M | 2.25M | 2.37M | 2.16M | 1.72M | 1.37M | 1.23M | 1.32M | 1.32M | 1.07M |
| Other Income/Expense | -4.15M | -4.73M | -2.73M | -2.92M | -3.32M | -4.13M | -5.13M | -4.83M | -4.09M | -1.01M | -1.69M | -1.95M | -2.09M | -1.92M | -1.47M | -1.11M | -1.15M | -1.27M | -1.29M | -1.03M |
| Pretax Income | 35.96M | 34.98M | 39.88M | 36.46M | 32.27M | 32.8M | 43.86M | 43.57M | 32.84M | 38.01M | 41.85M | 41.13M | 38.02M | 37.04M | 37.42M | 36.36M | 54.82M | 30.28M | 27.44M | 31.98M |
| Pretax Margin % | 12.78% | 12.22% | 14.69% | 14.28% | 13.49% | 12.71% | 16.15% | 15.86% | 13.19% | 15.93% | 17.14% | 16.78% | 16.55% | 15.96% | 16.67% | 16.4% | 24.2% | 13.86% | 13.73% | 16.33% |
| Income Tax | 10.14M | 10.49M | 11.77M | 9.82M | 7.83M | 8.71M | 11.96M | 11.99M | 7.85M | 10.45M | 10.82M | 11.18M | 9.76M | 10.83M | 9.75M | 9.95M | 13.38M | 5.92M | 6.74M | 8.95M |
| Effective Tax Rate % | 28.2% | 29.98% | 29.5% | 26.94% | 24.26% | 26.54% | 27.28% | 27.53% | 23.92% | 27.49% | 25.84% | 27.19% | 25.68% | 29.24% | 26.05% | 27.37% | 24.4% | 19.55% | 24.57% | 27.99% |
| Net Income | 25.51M | 24.02M | 27.72M | 26.16M | 24.06M | 24.03M | 31.59M | 31.29M | 24.69M | 27.4M | 30.86M | 29.73M | 28.07M | 26.08M | 27.49M | 26.17M | 41.19M | 24.16M | 20.46M | 22.86M |
| Net Margin % | 9.06% | 8.39% | 10.21% | 10.25% | 10.06% | 9.31% | 11.63% | 11.39% | 9.92% | 11.48% | 12.64% | 12.13% | 12.22% | 11.24% | 12.24% | 11.81% | 18.19% | 11.05% | 10.24% | 11.68% |
| Net Income Growth % | 6.01% | -0.03% | -12.23% | -16.4% | -2.54% | -12.28% | 2.34% | 5.24% | -12.06% | 5.05% | 12.29% | 13.62% | -31.84% | 7.96% | 34.34% | 14.46% | 148.73% | 49.05% | 37.78% | 96.98% |
| Net Income (Continuing) | 25.82M | 24.49M | 28.11M | 26.64M | 24.44M | 24.1M | 31.9M | 31.57M | 24.98M | 27.56M | 31.04M | 29.95M | 28.26M | 26.21M | 27.67M | 26.41M | 41.44M | 24.36M | 20.7M | 23.03M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 10.54M | 11.26M | 11.66M | 11.27M | 10.62M | 11M | 11.05M | 10.68M | 12.08M | 2.54M | 2.27M | 2.15M | 1.94M | 1.72M | 1.46M | 2.01M | 1.88M | 1.68M | 1.5M | 1.89M |
| EPS (Diluted) | 2.16 | 2.04 | 2.35 | 2.22 | 2.04 | 2.04 | 2.68 | 2.66 | 2.10 | 2.33 | 2.63 | 2.54 | 2.40 | 2.23 | 2.35 | 2.24 | 3.53 | 2.07 | 1.75 | 1.96 |
| EPS Growth % | 5.88% | 0% | -12.31% | -16.54% | -2.86% | -12.45% | 1.9% | 4.72% | -12.5% | 4.48% | 11.91% | 13.39% | -32.01% | 7.73% | 34.29% | 14.29% | 146.85% | 47.86% | 36.72% | 96% |
| EPS (Basic) | 2.16 | 2.04 | 2.35 | 2.22 | 2.05 | 2.05 | 2.69 | 2.66 | 2.11 | 2.34 | 2.64 | 2.54 | 2.40 | 2.24 | 2.36 | 2.24 | 3.54 | 2.08 | 1.77 | 1.97 |
| Diluted Shares Outstanding | 11.8M | 11.8M | 11.79M | 11.78M | 11.78M | 11.79M | 11.78M | 11.77M | 11.74M | 11.76M | 11.74M | 11.72M | 11.69M | 11.71M | 11.7M | 11.69M | 11.65M | 11.69M | 11.67M | 11.65M |
| Basic Shares Outstanding | 11.79M | 11.78M | 11.77M | 11.77M | 11.76M | 11.74M | 11.74M | 11.74M | 11.72M | 11.71M | 11.71M | 11.7M | 11.7M | 11.66M | 11.66M | 11.66M | 11.63M | 11.61M | 11.58M | 11.58M |
| Dividend Payout Ratio | 15.71% | 16.67% | 14.44% | 15.31% | 15.63% | 15.64% | 11.91% | 12.01% | 13.75% | 12.4% | 11% | 11.41% | 10.81% | 11.63% | 11.03% | 11.58% | 7.05% | 12.01% | 14.15% | 12.66% |