Filing Flows › Kadant (KAI) › Q2 2026
Kadant (KAI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Kadant (KAI) reported revenue of $313M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +11% from the quarter before. Operating margin was 16.3%, net earnings $32.5M (10.4% of revenue).
Kadant, Q2 2026: revenue $313M (+23% year over year), operating margin 16.3%, net earnings $32.5M, operating cash flow $53.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $313M | +11% | +23% |
| Operating profit | $50.9M | +27% | +29% |
| Net earnings | $32.5M | +27% | +24% |
| Operating cash flow | $53.5M | +144% | +32% |
| Free cash flow | $42.6M | — | +17% |
What changed
Revenue was $312.9M in Q2 2026, up 23% year over year and up 11% from the previous quarter. Parts and consumables was the largest line at 68% of revenue. Parts and consumables added $32.4M year over year (up 18%), 56% of the total change.
Operating profit was $50.9M, a 16.3% margin (up 0.8 points year over year). Of the extra revenue versus Q2 2025, 20% reached operating profit, above the 15% margin then. Total costs grew 21% against revenue growth of 23%. The fastest-growing cost line was Cost of revenue (+27%). Net earnings were $32.5M, up 24% year over year. The effective tax rate was 28.6%.
Operating cash flow was $53.5M (up 32% year over year), 163% of net earnings. Non-cash charges added back $15.5M of depreciation and amortization and $2.9M of share-based compensation. After capital Expenditures ($10.9M), free cash flow as the company reports it was $42.6M.
Questions
What was Kadant's revenue in the second quarter 2026?
Kadant (KAI) reported revenue of $313M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +11% from the quarter before.
Was Kadant profitable in the second quarter 2026?
Operating profit was $50.9M (16.3% of revenue) and net earnings $32.5M.
Source: Kadant 10-Q on SEC EDGAR.