Filing Flows

Filing Flows › Industrials › Kennametal (KMT)

Kennametal (KMT) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Nov 4, 2026 · Kennametal (KMT) Q1 FY27 earnings results →

Q1 FY27 Revenue up 54% year over year to $768M · 35¢ of every $1 of revenue kept as net profit · operating margin 49.4%

Kennametal made $768M in Q1 FY27 (+54% Y/Y): Metal Cutting $398M, Infrastructure $370M. Operating margin 49.4%, net earnings $272M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.

Revenue$768M
Year over year+54%
Operating margin49.4%
Net earnings$272M
Operating cash flow−$201M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $768.2M in Q1 FY27, up 54% year over year and up 4% from the previous quarter. Metal Cutting was the largest line at 52% of revenue. Infrastructure added $182.7M year over year (up 98%), 68% of the total change.

Gross margin was 66.9%, up 35.8 points from Q1 FY26. Operating profit was $379.3M, a 49.4% margin (up 41.8 points year over year). Of the extra revenue versus Q1 FY26, 126% reached operating profit, above the 8% margin then. Operating expenses grew 15% against revenue growth of 54%. The fastest-growing cost line was Other operating costs (+89%). Net earnings were $271.6M, up 1066% year over year. The effective tax rate was 23.1%.

Operating cash flow was −$201.3M. Non-cash charges added back $33.8M of depreciation and amortization and $10.9M of share-based compensation. Working capital and other items used $520.4M. Capital expenditures of $10.8M exceeded it, leaving free cash flow of −$212.1M.

Quarterly history

Kennametal revenue by quarterKennametal revenue by quarter$486MQ3 FY25$516MQ4 FY25$498MQ1 FY26$530MQ2 FY26$593MQ3 FY26$737MQ4 FY26$768MQ1 FY27
Kennametal net earnings by quarterKennametal net earnings by quarter$31.5MQ3 FY25$21.6MQ4 FY25$23.3MQ1 FY26$33.9MQ2 FY26$58.2MQ3 FY26$227MQ4 FY26$272MQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QNov 4, 2026$768M+54%49.4%$272M−$201M
Q4 FY2610-KAug 12, 2026$737M+43%41.1%$227M−$73.7M
Q3 FY2610-QMay 6, 2026$593M+22%13.4%$58.2M−$2.9M
Q2 FY2610-QFeb 4, 2026$530M+10%9.9%$33.9M$55.1M
Q1 FY2610-QNov 5, 2025$498M+3%7.5%$23.3M$17.5M
Q4 FY2510-KAug 12, 2025$516M-5%6.1%$21.6M$78.6M
Q3 FY2510-QMay 7, 2025$486M-6%9.1%$31.5M$28.8M

Charts

Kennametal: revenue growth, year over year and quarter over quarterKennametal: revenue growth, year over year and quarter over quarterY/YQ/Q-6%Q3 FY25-5%+6%Q4 FY25+3%-4%Q1 FY26+10%+6%Q2 FY26+22%+12%Q3 FY26+43%+24%Q4 FY26+54%+4%Q1 FY27
Latest (Q1 FY27): Y/Y +54%, Q/Q +4%.
Kennametal: where the cash came from (+) and went (−), TTM to Q1 FY27Kennametal: where the cash came from (+) and went (−), TTM to Q1 FY27Net borrowing (+) / repaid (−)$497MOperating cash flow−$223MCash drawn (+) / kept (−)−$169MCapital spending−$64.7MDividends−$61.0MOther financing$17.9MAsset & business sales$2.2MOther investing$680KBuybacks−$114KExchange rates$73K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Kennametal: profit against cash, quarter by quarterKennametal: profit against cash, quarter by quarterNet incomeOperating cash flow$19.0M$55.2MQ2 FY25$33.1M$28.8MQ3 FY25$23.1M$78.6MQ4 FY25$24.6M$17.5MQ1 FY26$35.2M$55.1MQ2 FY26$61.1M−$2.9MQ3 FY26$229M−$73.7MQ4 FY26$274M−$201MQ1 FY27
Latest (Q1 FY27): Net income $274M, Operating cash flow −$201M.
Kennametal: diluted shares by fiscal yearKennametal: diluted shares by fiscal year84MFY2184MFY2281MFY2380MFY2478MFY2577MFY26
-8.2% since FY21: buybacks shrank the count.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Kennametal

OVERVIEW With more than 85 years of materials expertise, Kennametal Inc. (the Company) is a global industrial technology leader, that helps customers across the General Engineering, Transportation, Earthworks, Energy and Aerospace & Defense end markets build their products with precision and efficiency. The Company was founded based on a tungsten carbide technology breakthrough in 1938 and was incorporated in Pennsylvania in 1943 as a manufacturer of tungsten carbide metal cutting tooling. In 1967, it was listed on the New York Stock Exchange (NYSE) with the stock ticker KMT.

In its own words, from its 10-K, filed Aug 12, 2026.

Source: Kennametal 10-Q on SEC EDGAR · CIK 55242 · Machine Tools, Metal Cutting Types

Guidance and outlook

Kennametal Revenue: guidance against what was reportedKennametal Revenue: guidance against what was reportedguided rangereported (above / within / below)Q1 FY27$768MQ2 FY27FY27
Met or beat 1 of 1 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Kennametal: what its forward-looking statements are about (10-Q filed 2026-11-04)Kennametal: what its forward-looking statements are about (10-Q filed 2026-11-04)Legal & regulation1
1 statements; tone +0.00 (−1 all cautious, +1 all confident); 0 hedged.

13F: who owns KMT and who is buying

Largest holders of KMT (13F)Largest holders of KMT (13F)BlackRock$440MVanguard Group$250MVanguard Portfolio Management LLC$209MDimensional Fund Advisors LP$169MVanguard Capital Management LLC$121MState Street$108MAmerican Century Companies$107MFMR LLC$89.9MGeode Capital Management, LLC$79.0MArrowstreet Capital, Limited Part…$78.6M
Funds' net buying of KMT by quarter (13F)Funds' net buying of KMT by quarter (13F)$5.3M2024-09−$32.8M2024-12−$122M2025-03$43.3M2025-06$35.3M2025-09−$15.0M2025-12−$66.9M2026-03$58.1M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on KMT

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

中文版：Kennametal（KMT）财报

Español · Français