Filing Flows › Kadant (KAI) › Q1 2025
Kadant (KAI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Kadant (KAI) reported revenue of $239M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -7% from the quarter before. Operating margin was 14.9%, net earnings $24.1M (10.1% of revenue).
Kadant, Q1 2025: revenue $239M (-4% year over year), operating margin 14.9%, net earnings $24.1M, operating cash flow $22.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $239M | -7% | -4% |
| Operating profit | $35.6M | -4% | -4% |
| Net earnings | $24.1M | +0.1% | -3% |
| Operating cash flow | $22.8M | -56% | 0% |
| Free cash flow | $19.0M | — | +15% |
What changed
Revenue was $239.2M in Q1 2025, down 4% year over year and down 7% from the previous quarter. Parts and consumables was the largest line at 75% of revenue. Capital lost $17.9M year over year (down 23%), 184% of the total change.
Operating profit was $35.6M, a 14.9% margin (unchanged year over year). Total costs fell 4% while revenue fell 4%. Net earnings were $24.1M, down 3% year over year. The effective tax rate was 24.3%.
Operating cash flow was $22.8M (roughly flat year over year), 93% of net earnings. Non-cash charges added back $12.0M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $16.4M. After capital Expenditures ($3.8M), free cash flow as the company reports it was $19.0M.
Questions
What was Kadant's revenue in the first quarter 2025?
Kadant (KAI) reported revenue of $239M for the first quarter 2025 (Q1 2025), -4% from a year earlier and -7% from the quarter before.
Was Kadant profitable in the first quarter 2025?
Operating profit was $35.6M (14.9% of revenue) and net earnings $24.1M.
Source: Kadant 10-Q on SEC EDGAR.