Kennametal Inc. (KMT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Sales/Revenue | 592.61M | 529.52M | 497.97M | 516.45M | 486.4M | 482.05M | 481.95M | 543.31M | 515.79M | 495.32M | 492.48M | 550.24M | 536.04M | 497.12M | 494.79M | 530.01M | 512.26M | 486.67M | 483.51M | 515.97M |
| Revenue Growth % | 21.84% | 9.85% | 3.33% | -4.94% | -5.7% | -2.68% | -2.14% | -1.26% | -3.78% | -0.36% | -0.47% | 3.82% | 4.64% | 2.15% | 2.33% | 2.72% | 5.69% | 10.48% | 20.79% | 36.12% |
| Cost of Goods Sold | 386.23M | 355.66M | 343.42M | 370.78M | 330.03M | 337.02M | 330.94M | 371.97M | 362.53M | 355.72M | 329.58M | 374.57M | 368.12M | 354.23M | 334.82M | 360.36M | 347.64M | 333.72M | 322.76M | 340.27M |
| COGS % of Revenue | 65.17% | 67.17% | 68.96% | 71.79% | 67.85% | 69.91% | 68.67% | 68.46% | 70.29% | 71.82% | 66.92% | 68.07% | 68.67% | 71.26% | 67.67% | 67.99% | 67.86% | 68.57% | 66.75% | 65.95% |
| Gross Profit | 206.38M | 173.87M | 154.55M | 145.66M | 156.37M | 145.03M | 151.01M | 171.34M | 153.26M | 139.6M | 162.9M | 175.67M | 167.91M | 142.89M | 159.97M | 169.65M | 164.62M | 152.96M | 160.75M | 175.7M |
| Gross Margin % | 34.83% | 32.83% | 31.04% | 28.21% | 32.15% | 30.09% | 31.33% | 31.54% | 29.71% | 28.18% | 33.08% | 31.93% | 31.33% | 28.74% | 32.33% | 32.01% | 32.14% | 31.43% | 33.25% | 34.05% |
| Gross Profit Growth % | 31.99% | 19.88% | 2.34% | -14.98% | 2.02% | 3.89% | -7.3% | -2.47% | -8.73% | -2.3% | 1.83% | 3.55% | 2% | -6.58% | -0.49% | -3.44% | 9.62% | 25.86% | 52.99% | 73.18% |
| Operating Expenses | 241.46M | 118.68M | 115.4M | 114.3M | 112.31M | 113.36M | 114.98M | 109.94M | 118.03M | 111.12M | 117.78M | 119.74M | 115.44M | 107.4M | 111.44M | 106.99M | 111.26M | 105.45M | 106.14M | 114.91M |
| OpEx % of Revenue | 40.74% | 22.41% | 23.17% | 22.13% | 23.09% | 23.52% | 23.86% | 20.23% | 22.88% | 22.43% | 23.92% | 21.76% | 21.54% | 21.6% | 22.52% | 20.19% | 21.72% | 21.67% | 21.95% | 22.27% |
| Selling, General & Admin | 230.86M | 0 | 0 | 0 | 0 | 0 | 0 | 94.59M | 107.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 38.96% | - | - | - | - | - | - | 17.41% | 20.93% | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 10.6M | 0 | 0 | 0 | 0 | 0 | 0 | 10.9M | 11.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 1.79% | - | - | - | - | - | - | 2.01% | 2.19% | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 79.43M | 55.19M | 39.15M | 31.37M | 44.06M | 31.67M | 36.03M | 61.4M | 35.23M | 28.48M | 45.12M | 55.93M | 52.47M | 35.49M | 48.53M | 62.66M | 53.36M | 47.51M | 54.61M | 60.79M |
| Operating Margin % | 13.4% | 10.42% | 7.86% | 6.07% | 9.06% | 6.57% | 7.48% | 11.3% | 6.83% | 5.75% | 9.16% | 10.16% | 9.79% | 7.14% | 9.81% | 11.82% | 10.42% | 9.76% | 11.29% | 11.78% |
| Operating Income Growth % | 80.28% | 74.28% | 8.66% | -48.91% | 25.07% | 11.19% | -20.15% | 9.78% | -32.86% | -19.76% | -7.02% | -10.75% | -1.67% | -25.29% | -11.13% | 3.08% | 35.02% | 149.58% | 417.88% | 289.16% |
| EBITDA | 44.38M | 89.56M | 74.19M | 66.44M | 77.91M | 65.68M | 69.58M | 96.36M | 68.67M | 61.26M | 78.62M | 88.77M | 86.41M | 70.11M | 81.15M | 96.61M | 86.35M | 79.87M | 86.99M | 93.56M |
| EBITDA Margin % | 7.49% | 16.91% | 14.9% | 12.87% | 16.02% | 13.62% | 14.44% | 17.74% | 13.31% | 12.37% | 15.96% | 16.13% | 16.12% | 14.1% | 16.4% | 18.23% | 16.86% | 16.41% | 17.99% | 18.13% |
| EBITDA Growth % | -43.03% | 36.36% | 6.62% | -31.04% | 13.46% | 7.21% | -11.5% | 8.55% | -20.53% | -12.62% | -3.11% | -8.11% | 0.07% | -12.21% | -6.71% | 3.26% | 21.49% | 58.77% | 534.22% | 103.43% |
| D&A (Non-Cash Add-back) | -35.05M | 34.37M | 35.05M | 35.08M | 33.85M | 34.01M | 33.56M | 34.96M | 33.44M | 32.78M | 33.51M | 32.84M | 33.94M | 34.62M | 32.62M | 33.94M | 32.99M | 32.36M | 32.38M | 32.77M |
| EBIT | 0 | 54.76M | 39.88M | 36.59M | 49.51M | 33.14M | 37.68M | 61.42M | 35.3M | 29.17M | 45.03M | 54.21M | 51.48M | 34.9M | 47.52M | 66.04M | 57.89M | 50.65M | 58.06M | 59.09M |
| Net Interest Income | -6.41M | -6.09M | -6.19M | -6.22M | -6.21M | -6.18M | -6.31M | -6.25M | -6.78M | -6.85M | -6.6M | -7.1M | -7.75M | -7.01M | -6.64M | -6.7M | -6.44M | -6.46M | -6.32M | -6.55M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 6.41M | 6.09M | 6.19M | 6.22M | 6.21M | 6.18M | 6.31M | 6.25M | 6.78M | 6.85M | 6.6M | 7.1M | 7.75M | 7.01M | 6.64M | 6.7M | 6.44M | 6.46M | 6.32M | 6.55M |
| Other Income/Expense | 282K | -6.52M | -5.45M | -1M | -759K | -4.7M | -4.66M | -6.22M | -6.7M | -6.16M | -6.69M | -8.81M | -8.73M | -7.6M | -7.65M | -3.32M | -1.91M | -3.32M | -2.86M | -8.25M |
| Pretax Income | 79.71M | 48.67M | 33.7M | 30.37M | 43.3M | 26.96M | 31.37M | 55.18M | 28.53M | 22.32M | 38.43M | 47.12M | 43.74M | 27.89M | 40.88M | 59.35M | 51.46M | 44.19M | 51.74M | 52.54M |
| Pretax Margin % | 13.45% | 9.19% | 6.77% | 5.88% | 8.9% | 5.59% | 6.51% | 10.16% | 5.53% | 4.51% | 7.8% | 8.56% | 8.16% | 5.61% | 8.26% | 11.2% | 10.04% | 9.08% | 10.7% | 10.18% |
| Income Tax | 18.59M | 13.47M | 9.06M | 7.24M | 10.22M | 7.93M | 7.91M | 16.94M | 7.82M | -2.01M | 8.06M | 9.38M | 10.67M | 4.96M | 11.24M | 16.5M | 14.58M | 11.46M | 13.99M | 16.5M |
| Effective Tax Rate % | 23.32% | 27.68% | 26.9% | 23.85% | 23.6% | 29.4% | 25.2% | 30.71% | 27.4% | -9% | 20.97% | 19.9% | 24.4% | 17.8% | 27.5% | 27.8% | 28.33% | 25.94% | 27.04% | 31.4% |
| Net Income | 58.23M | 33.88M | 23.3M | 21.59M | 31.48M | 17.93M | 22.12M | 37.18M | 18.98M | 23.11M | 30.06M | 36.43M | 31.94M | 21.9M | 28.2M | 41.71M | 35.3M | 31.42M | 36.2M | 35.1M |
| Net Margin % | 9.83% | 6.4% | 4.68% | 4.18% | 6.47% | 3.72% | 4.59% | 6.84% | 3.68% | 4.67% | 6.1% | 6.62% | 5.96% | 4.41% | 5.7% | 7.87% | 6.89% | 6.46% | 7.49% | 6.8% |
| Net Income Growth % | 84.96% | 89.01% | 5.31% | -41.93% | 65.9% | -22.42% | -26.4% | 2.07% | -40.58% | 5.52% | 6.6% | -12.67% | -9.51% | -30.3% | -22.11% | 18.83% | 63.24% | 62.06% | 267% | 485.47% |
| Net Income (Continuing) | 0 | 35.2M | 24.63M | 23.12M | 33.08M | 19.04M | 23.47M | 38.23M | 20.71M | 24.33M | 30.37M | 37.74M | 33.07M | 22.92M | 29.64M | 42.84M | 36.88M | 32.73M | 37.75M | 36.04M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 43.64M | 42.62M | 41.38M | 40.67M | 42.05M | 40.12M | 40.79M | 38.72M | 41.34M | 40.28M | 38.39M | 38.72M | 40.3M | 39.03M | 36.94M | 38.67M | 41.68M | 40.55M | 39.7M | 38.6M |
| EPS (Diluted) | 0.75 | 0.44 | 0.30 | 0.28 | 0.41 | 0.23 | 0.28 | 0.47 | 0.24 | 0.29 | 0.37 | 0.45 | 0.39 | 0.27 | 0.34 | 0.50 | 0.42 | 0.37 | 0.43 | 0.41 |
| EPS Growth % | 82.93% | 91.3% | 7.14% | -40.43% | 70.83% | -20.69% | -24.32% | 4.44% | -38.46% | 7.41% | 8.82% | -10% | -7.14% | -27.03% | -20.93% | 21.95% | 61.54% | 60.87% | 265.38% | 472.73% |
| EPS (Basic) | 0.76 | 0.44 | 0.31 | 0.28 | 0.41 | 0.23 | 0.28 | 0.47 | 0.24 | 0.29 | 0.38 | 0.45 | 0.40 | 0.27 | 0.35 | 0.51 | 0.42 | 0.38 | 0.43 | 0.42 |
| Diluted Shares Outstanding | 77.23M | 77.05M | 76.83M | 76.93M | 77.65M | 78.38M | 78.66M | 79.37M | 79.85M | 80.11M | 80.7M | 81.09M | 81.28M | 81.24M | 82.17M | 83.06M | 83.81M | 84.37M | 84.75M | 84.79M |
| Basic Shares Outstanding | 76.19M | 77.05M | 76.13M | 76.21M | 77.04M | 77.72M | 78.07M | 78.58M | 79.23M | 79.7M | 80.03M | 80.31M | 80.61M | 80.74M | 81.54M | 82.39M | 83.08M | 83.64M | 83.88M | 83.79M |
| Dividend Payout Ratio | 26.17% | 44.94% | 64.97% | 70.62% | 49.09% | 86.83% | 26.07% | 42.32% | 83.54% | 68.85% | 53.02% | 44.08% | 50.4% | 73.5% | 57.72% | 39.57% | 47.04% | 53.22% | 46.24% | 47.63% |