Earnings ·
Kadant reports record Q3 revenue of $313 million and raises full-year adjusted EPS guidance to $12.58-$12.73
KAIKadant Inc
Kadant Inc. reported third-quarter 2026 financial results with revenue increasing 15% to a record $313.2 million, driven by strong aftermarket demand and acquisition contributions. Net income rose 27% to $35.1 million, while adjusted EPS reached a record $3.64. Bookings grew 22% to $291.1 million. The company raised its full-year 2026 adjusted EPS guidance to $12.58-$12.73 from the previous range of $12.43-$12.68, citing strong year-to-date performance and operational discipline. Kadant operates in the industrial processing sector, providing equipment and services for paper, pulp, and related industries.