Filing Flows › Kennametal (KMT) › Q3 FY26
Kennametal (KMT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 6, 2026
Kennametal (KMT) reported revenue of $593M for the third quarter fiscal 2026 (Q3 FY26), +22% from a year earlier and +12% from the quarter before. Operating margin was 13.4%, net earnings $58.2M (9.8% of revenue).
Kennametal, Q3 FY26: revenue $593M (+22% year over year), operating margin 13.4%, net earnings $58.2M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $593M | +12% | +22% |
| Gross profit | $208M | +20% | +33% |
| Operating profit | $79.4M | +51% | +80% |
| Net earnings | $58.2M | +72% | +85% |
| Operating cash flow | −$2.9M | -105% | -110% |
What changed
Revenue was $592.6M in Q3 FY26, up 22% year over year and up 12% from the previous quarter. Metal Cutting was the largest line at 60% of revenue. Metal Cutting added $53.6M year over year (up 18%), 50% of the total change.
Gross margin was 35.1%, up 2.9 points from Q3 FY25. Operating profit was $79.4M, a 13.4% margin (up 4.3 points year over year). Of the extra revenue versus Q3 FY25, 33% reached operating profit, above the 9% margin then. Operating expenses grew 14% against revenue growth of 22%. The fastest-growing cost line was SG&A (+19%). Net earnings were $58.2M, up 85% year over year. The effective tax rate was 23.3%.
Operating cash flow was −$2.9M. Non-cash charges added back $38.2M of depreciation and amortization and $9.1M of share-based compensation. Working capital and other items used $111.3M. Capital expenditures of $18.0M exceeded it, leaving free cash flow of −$20.9M.
Questions
What was Kennametal's revenue in the third quarter fiscal 2026?
Kennametal (KMT) reported revenue of $593M for the third quarter fiscal 2026 (Q3 FY26), +22% from a year earlier and +12% from the quarter before.
Was Kennametal profitable in the third quarter fiscal 2026?
Operating profit was $79.4M (13.4% of revenue) and net earnings $58.2M.
Source: Kennametal 10-Q on SEC EDGAR.