Filing Flows › Kadant (KAI) › Q2 2026 › vs Q2 2025
Kadant (KAI) Q2 2026 vs Q2 2025 (year over year)
Kadant's revenue rose $57.6M (+23%) from $255M in Q2 2025 to $313M in Q2 2026. The biggest changes: Parts and consumables +$32.4M (+18%); Capital +$25.2M (+34%). Operating margin 16.3% against 15.4% (+0.8 pts).
Kadant, Q2 2026: revenue $313M (+23% year over year), operating margin 16.3%, net earnings $32.5M, operating cash flow $53.5M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.3% | 15.4% | +0.8 pts |
| Net margin | 10.4% | 10.2% | +0.1 pts |
| Free cash flow margin | 13.6% | 14.3% | -0.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Parts and consumables | $214M | $182M | $32.4M | +18% |
| Capital | $98.7M | $73.5M | $25.2M | +34% |
| Revenue | $313M | $255M | $57.6M | +23% |
| Operating profit | $50.9M | $39.4M | $11.5M | +29% |
| Costs & expenses | $262M | $216M | $46.1M | +21% |
| Pre-tax earnings | $46.0M | $36.5M | $9.6M | +26% |
| Other expense, net | $4.9M | $2.9M | $1.9M | +66% |
| Cost of revenue | $176M | $138M | $37.6M | +27% |
| Research & development | $4.5M | $3.7M | $760K | +20% |
| SG&A | $81.6M | $73.9M | $7.7M | +10% |
| Net earnings | $32.5M | $26.2M | $6.3M | +24% |
| Minority interests | $379K | $480K | −$101K | -21% |
| Income tax | $13.2M | $9.8M | $3.4M | +34% |
| Depreciation & amortization | $15.5M | $12.1M | $3.5M | +29% |
| Share-based compensation | $2.9M | $3.1M | −$184K | -6% |
| Working capital & other | $2.6M | −$809K | $3.4M | — |
| Operating cash flow | $53.5M | $40.5M | $13.0M | +32% |
| Free Cash Flow (company-reported) | $42.6M | $36.5M | $6.0M | +17% |
| Capital Expenditures | $10.9M | $4.0M | $7.0M | +176% |
Questions
How much did Kadant's revenue grow year over year in Q2 2026?
Kadant's revenue rose $57.6M (+23%) from $255M in Q2 2025 to $313M in Q2 2026.
What drove Kadant's revenue change in Q2 2026?
Parts and consumables +$32.4M (+18%); Capital +$25.2M (+34%).