Filing Flows › Kadant (KAI) › Q3 2025
Kadant (KAI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Kadant (KAI) reported revenue of $272M for the third quarter 2025 (Q3 2025), 0% from a year earlier and +6% from the quarter before. Operating margin was 15.7%, net earnings $27.7M (10.2% of revenue).
Kadant, Q3 2025: revenue $272M (0% year over year), operating margin 15.7%, net earnings $27.7M, operating cash flow $47.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $272M | +6% | 0% |
| Operating profit | $42.6M | +8% | -13% |
| Net earnings | $27.7M | +6% | -12% |
| Operating cash flow | $47.3M | +17% | -10% |
| Free cash flow | $44.1M | — | -9% |
What changed
Revenue was $271.6M in Q3 2025, roughly flat year over year and up 6% from the previous quarter. Parts and consumables was the largest line at 69% of revenue. Capital lost $11.5M year over year (down 12%), 24366% of the total change.
Operating profit was $42.6M, a 15.7% margin (down 2.3 points year over year). Total costs grew 3% against flat revenue. The fastest-growing cost line was Research & development (+15%). Net earnings were $27.7M, down 12% year over year. The effective tax rate was 29.5%.
Operating cash flow was $47.3M (down 10% year over year), 168% of net earnings. Non-cash charges added back $12.4M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $4.0M. After capital Expenditures ($3.2M), free cash flow as the company reports it was $44.1M.
Questions
What was Kadant's revenue in the third quarter 2025?
Kadant (KAI) reported revenue of $272M for the third quarter 2025 (Q3 2025), 0% from a year earlier and +6% from the quarter before.
Was Kadant profitable in the third quarter 2025?
Operating profit was $42.6M (15.7% of revenue) and net earnings $27.7M.
Source: Kadant 10-Q on SEC EDGAR.