Quarterly ResultMay 13, 2026, 02:47 PM
Kadant Q1 Revenue $281.5M, EPS $2.16; Dividend $0.36
AI Summary
Kadant Inc. reported strong first-quarter results for 2026, with revenue increasing to $281.5 million and diluted earnings per share rising to $2.16. The company also declared a higher common stock dividend of $0.36 per share. Growth was observed across all geographic segments and product types, with parts and consumables and capital equipment contributing positively.
Key Highlights
- Revenue increased to $281.5M from $239.2M year-over-year.
- Diluted EPS rose to $2.16 from $2.04 in the prior year period.
- Net Income Attributable to Kadant was $25.5M, up from $24.1M YoY.
- Common stock dividend declared increased to $0.36 per share.
- North America revenue grew to $166.6M from $159.9M YoY.
- Europe revenue increased to $62.2M from $49.3M YoY.
- Parts and consumables revenue rose to $209.5M from $179.3M YoY.
- Net cash provided by operating activities was $21.9M.
Price Impact
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