Kadant ( (KAI) ) has released its Q3 earnings. Here is a breakdown of the information Kadant presented to its investors.
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Kadant Inc. is a global supplier of technologies and engineered systems focused on enhancing efficiency and productivity in process industries, with a significant presence in sustainable industrial processing. The company is headquartered in Westford, Massachusetts, and operates in 22 countries worldwide.
Kadant’s third-quarter 2025 financial results indicate a stable revenue of $272 million, consistent with the previous year. However, the company faced a 12% decline in net income, amounting to $28 million, and a similar decrease in GAAP earnings per share (EPS) to $2.35. Despite these challenges, Kadant achieved a slight increase in gross margin, reaching 45.2%.
Key financial metrics reveal a decrease in adjusted EPS by 9% to $2.59 and an 8% drop in adjusted EBITDA to $58 million, representing 21.4% of revenue. Operating cash flow also saw a 10% decline to $47 million. The company noted a 1% decrease in bookings to $238.4 million, with organic bookings down by 4%.
Looking ahead, Kadant anticipates robust demand for aftermarket parts and an improvement in order activity for capital equipment in the fourth quarter. The company has revised its 2025 revenue guidance to a range of $1.036 to $1.046 billion, maintaining its adjusted EPS guidance between $9.05 and $9.25. Kadant remains optimistic about integrating recent acquisitions and achieving its financial targets.