EarningsQ2 2026 Earnings Report
DE:KDA Q2 2026 EPS Results
Actual EPS€3.04
Consensus EPS€2.61
Beat/MissBeat by +€0.43
One Year Ago EPS€2.06
DE:KDA Q2 2026 Revenue Results
Actual Revenue€278.38M
Expected Revenue€266.18M
Beat/MissBeat by +€12.19M
YoY Revenue Growth+22.57%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeAfter Close
Conference CallTuesday, August 4, 2026
DE:KDA Upcoming Earnings
Kadant's next earnings date is estimated for November 3, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:KDA Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong, record-setting operational and financial results including revenue, adjusted EBITDA, adjusted EPS and cash flow, supported by robust aftermarket demand, solid organic growth and positive contributions from recent acquisitions. These positives were tempered by margin pressure caused by mix shifts and acquisition-related amortization/deferrals, increased leverage from acquisition financing, and continued softness and timing uncertainty in capital equipment markets and certain regions. Management raised full-year revenue guidance but remained cautious on near-term capital spending timing.Company Guidance
Record Company Revenue
Revenue of $312.9 million in Q2 2026, up 23% year-over-year and a company record; bookings increased 16% to $312 million.
Strong Organic Growth
Organic revenue grew 8% year-over-year, with organic capital revenue up 23%, indicating healthy underlying demand apart from acquisitions.
Record Profitability Metrics
Adjusted EBITDA reached a record $68.1 million, up 30% year-over-year; adjusted EPS was a record $3.42, up 26% (GAAP EPS $2.75, up 24%).
Robust Cash Generation
Operating cash flow rose 32% to $53.5 million and free cash flow increased 17% to $42.6 million, demonstrating strong cash conversion and liquidity generation.
Record Aftermarket Revenue and Resilience of Installed Base
Aftermarket parts revenue was a record $214.2 million; aftermarket strength provided recurring, higher-margin revenue and stability amid capital softness.
Industrial Processing Segment Outperformance
Industrial Processing delivered record revenue of $144 million, bookings of $136 million (up 29%), and adjusted EBITDA of $38 million (26.1% margin), with notable organic growth of 13%.
Flow Control and Material Handling Stability
Flow Control revenue of $100 million (up 5%) with aftermarket at a record $76 million (76% of segment revenue) and adjusted EBITDA margin ~27.7%; Material Handling bookings of $73 million and adjusted EBITDA up 7% to $15 million.
Raised Full-Year Guidance
Full-year 2026 revenue guidance raised to $1.190 billion - $1.210 billion (from $1.178 billion - $1.203 billion); adjusted EPS guidance tightened to $12.43 - $12.68, reflecting quarterly outperformance.
Backlog and Project Pipeline
Equipment backlog approximately $182 million and management reports multiple large projects in advanced stages, suggesting potential revenue acceleration into H2 2026 and 2027.
Successful M&A Integration Early Results
Recent acquisitions (notably Clyde and Profil) are contributing to bookings and revenue growth; two of three recent deals performing well with early operational synergies cited.
DE:KDA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed