Filing Flows › Kennametal (KMT) › Q4 FY26 › vs Q3 FY26
Kennametal (KMT) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Kennametal's revenue rose $144M (+24%) from $593M in Q3 FY26 to $737M in Q4 FY26. The biggest changes: Infrastructure +$104M (+44%); Metal Cutting +$39.9M (+11%). Gross margin 58.9% against 35.1% (+23.8 pts).
Kennametal, Q4 FY26: revenue $737M (+43% year over year), operating margin 41.1%, net earnings $227M, operating cash flow −$73.7M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 58.9% | 35.1% | +23.8 pts |
| Operating margin | 41.1% | 13.4% | +27.7 pts |
| Net margin | 30.8% | 9.8% | +21.0 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Metal Cutting | $398M | $358M | $39.9M | +11% |
| Infrastructure | $339M | $235M | $104M | +44% |
| Revenue | $737M | $593M | $144M | +24% |
| Gross profit | $434M | $208M | $226M | +108% |
| Cost of revenue | $303M | $385M | −$81.6M | -21% |
| Operating profit | $303M | $79.4M | $223M | +281% |
| Operating expenses | $131M | $129M | $2.1M | +2% |
| Pre-tax earnings | $299M | $79.7M | $220M | +275% |
| Other expense, net | $3.6M | −$282K | $3.9M | — |
| SG&A | $126M | $124M | $1.6M | +1% |
| Other operating costs | $5.1M | $4.5M | $559K | +12% |
| Net earnings | $227M | $58.2M | $169M | +290% |
| Minority interests | $2.5M | $2.9M | −$409K | -14% |
| Income tax | $69.8M | $18.6M | $51.2M | +275% |
| Operating cash sources | $345M | $108M | $237M | +218% |
| Depreciation & amortization | $35.6M | $38.2M | −$2.6M | -7% |
| Share-based compensation | $8.8M | $9.1M | −$227K | -3% |
| Cash used in operations | $73.7M | $2.9M | $70.8M | 25× |
| Working capital & other | $345M | $108M | $237M | +218% |
Questions
How much did Kennametal's revenue grow quarter over quarter in Q4 FY26?
Kennametal's revenue rose $144M (+24%) from $593M in Q3 FY26 to $737M in Q4 FY26.
What drove Kennametal's revenue change in Q4 FY26?
Infrastructure +$104M (+44%); Metal Cutting +$39.9M (+11%).