Earnings ·
Kadant Inc. reported second quarter fiscal 2026 results ending July 4, 2026, with record revenue of $312.9 million, a…
KAIKadant Inc
Kadant Inc. reported second quarter fiscal 2026 results ending July 4, 2026, with record revenue of $312.9 million, a 23% increase from the prior year period. Net income rose 24% to $32.5 million, while GAAP diluted EPS reached $2.75 and adjusted diluted EPS hit a record $3.42. Bookings increased 16% to $312.1 million, supported by robust aftermarket demand, though organic bookings declined slightly. The company revised its full-year 2026 revenue guidance upward to $1.190–$1.210 billion and adjusted EPS guidance to $12.43–$12.68. Kadant Inc. operates in the industrial equipment sector, providing process technologies for pulp and paper, biomass, and recycling industries.