Filing Flows › Kadant (KAI) › Q4 2025
Kadant (KAI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 3, 2026
Kadant (KAI) reported revenue of $286M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +5% from the quarter before. Operating margin was 13.9%, net earnings $24.0M (8.4% of revenue).
Kadant, Q4 2025: revenue $286M (+11% year over year), operating margin 13.9%, net earnings $24.0M, operating cash flow $60.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $286M | +5% | +11% |
| Operating profit | $39.7M | -7% | +8% |
| Net earnings | $24.0M | -13% | 0% |
| Operating cash flow | $60.8M | +29% | +17% |
| Free cash flow | $54.7M | +24% | +18% |
What changed
Revenue was $286.2M in Q4 2025, up 11% year over year and up 5% from the previous quarter. Parts and Consumables was the largest line at 70% of revenue.
Operating profit was $39.7M, a 13.9% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, below the 14% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was SG&A (+15%). Net earnings were $24.0M, roughly flat year over year. The effective tax rate was 30.0%.
Operating cash flow was $60.8M (up 17% year over year), 248% of net earnings. Non-cash charges added back $14.7M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $18.8M. Capital expenditures of $6.0M left free cash flow of $54.7M.
Questions
What was Kadant's revenue in the fourth quarter 2025?
Kadant (KAI) reported revenue of $286M for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +5% from the quarter before.
Was Kadant profitable in the fourth quarter 2025?
Operating profit was $39.7M (13.9% of revenue) and net earnings $24.0M.
Source: Kadant 10-K on SEC EDGAR.