Kadant Q2 2026 10-Q: Record Revenue, Kadant Profil Acquisition Details, and Tariff Risk Update

summarizeSummary

Kadant's Q2 2026 10-Q confirms record revenue and EPS, details the Kadant Profil acquisition, and flags new tariff risks from USMCA non-renewal.

check_boxKey Events · Earnings and Guidance · KAI

• Record Q2 Revenue and EPS

  Revenue of $312.9 million, up 23% year-over-year, with diluted EPS of $2.75. Adjusted EPS of $3.42 beat expectations.

• Kadant Profil Acquisition Details

  Completed April 30, 2026 for $170.1 million net. Goodwill of $111.1 million and intangible assets of $22.2 million recognized. Funded via $181.8 million euro-denominated borrowings.

• Segment Performance

  Industrial Processing revenue up 50% to $143.8 million, driven by acquisitions. Flow Control up 5%, Material Handling up 8%.

• Tariff Risk Update

  Revised risk factor notes USMCA non-renewal and new tariffs of 10-12.5% on 60 trading partners, plus 50% tariffs on certain Canadian imports. Company expects negative impact on costs.

auto_awesomeAnalysis · KAI · Technology

Kadant's Q2 2026 10-Q confirms record revenue of $312.9 million, up 23% year-over-year, with adjusted EPS of $3.42 beating expectations. The filing provides the first complete financial statements for the quarter, including segment-level detail showing Industrial Processing revenue up 50% driven by the $170.1 million Kadant Profil acquisition completed April 30, 2026. The company also discloses a revised risk factor on USMCA non-renewal and new tariffs, which could pressure margins on imported goods. With $502.5 million in debt and $134.5 million in cash, the balance sheet remains manageable, but the tariff exposure and acquisition integration costs are worth watching.