Kadant Inc. (KAI) — Financial statements
Income statement, balance sheet, and cash flow for Kadant Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,052↓0.1% | 1,053↑10.0% | 958↑5.9% | 905↑15.0% | 787 | |
| Cost of Revenue | 577↓1.8% | 587↑8.5% | 541↑5.1% | 515↑14.7% | 449 | |
| Gross Profit | 476↑2.1% | 466↑12.0% | 416↑6.9% | 390↑15.5% | 337 | |
| Operating Expenses | ||||||
| R&D Expenses | 15↑6.6% | 14↑5.6% | 14↑6.6% | 13↑11.6% | 11 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 302↑7.8% | 280↑18.5% | 236↑5.3% | 224↑7.5% | 209 | |
| Other Expenses | 0.00 | 0.00↓100.0% | 0.72↑103.9% | -18↓4068.2% | 0.47 | |
| Operating Expenses | 317↑7.8% | 294↑17.4% | 251↑14.8% | 218↓1.1% | 221 | |
| Total Costs & Expenses | 895↑1.5% | 882↑11.4% | 792↑8.0% | 733↑9.5% | 670 | |
| Operating Results | ||||||
| Operating Income | 157↓8.2% | 171↑3.3% | 166↓3.2% | 171↑46.8% | 117 | |
| Depreciation & Amortization | 51↑3.3% | 50↑48.9% | 33↓4.7% | 35↑1.8% | 34 | |
| EBITDA | 209↓6.4% | 223↑10.9% | 201↓3.1% | 207↑37.0% | 151 | |
| EBIT | 157↓9.1% | 173↑3.4% | 167↓2.7% | 172↑47.3% | 117 | |
| Interest & Other Income | ||||||
| Net Interest Income | -14↑24.7% | -18↓172.8% | -7↓19.1% | -6↓22.4% | -5 | |
| Interest Income | 2↑0.7% | 2↑8.9% | 2↑94.5% | 0.90↑238.6% | 0.27 | |
| Interest Expense | 16↓22.3% | 20↑138.5% | 8↑29.6% | 6↑34.4% | 5 | |
| Non-Operating Income | 0.00↑100.0% | -2↓11.4% | -2↓99.2% | -0.83↓410.4% | -0.16 | |
| Other Income / Expenses | -14↑24.6% | -18↓169.7% | -7↓19.4% | -6↓21.2% | -5 | |
| Income Before Tax | 144↓6.2% | 153↓3.7% | 159↓4.0% | 166↑47.8% | 112 | |
| Income Tax Expense | 40↓1.5% | 41↓4.0% | 42↓3.9% | 44↑61.6% | 27 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 104↓7.9% | 113↓3.6% | 117↓4.0% | 122↑43.4% | 85 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 102↓8.6% | 112↓3.9% | 116↓4.0% | 121↑43.9% | 84 | |
| Bottom-Line Net Income | 102↓8.6% | 112↓3.9% | 116↓4.0% | 121↑43.9% | 84 | |
| EPS (Basic) | 8.66↓8.9% | 9.51↓4.1% | 9.92↓4.4% | 10.38↑43.0% | 7.26 | |
| EPS (Diluted) | 8.65↓8.8% | 9.48↓4.2% | 9.90↓4.3% | 10.35↑43.6% | 7.21 | |
| Weighted Average Shares | 12↑0.3% | 12↑0.3% | 12↑0.4% | 12↑0.6% | 12 | |
| Weighted Average Diluted Shares | 12↑0.2% | 12↑0.4% | 12↑0.4% | 12↑0.3% | 12 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.