Kadant Inc. (KAI)

NYSE: KAI · Special Industry Machinery (No Metalworking Machinery) · Westford, MA · filing with the SEC since 1996

Grade5.6

◀ Past 6.6● Present 5.9▶ Future 4.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in January.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Jan 3, 2026	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019	Dec 29, 2018	Dec 30, 2017	Dec 31, 2016
Report filed	Mar 3, 2026	Feb 25, 2025	Feb 27, 2024	Feb 28, 2023	Mar 1, 2022	Mar 2, 2021	Feb 25, 2020	Feb 26, 2019	Feb 27, 2018	Mar 15, 2017
Revenue	1,052,248	1,053,384	957,672	904,739	786,579	635,028	704,644	633,786	515,033	414,126
For lenders
Net interest income	·	·	-6,640	-5,574	-4,554	-7,242	-12,542	-6,653	-3,100	-1,024
Cost of revenue	576,520	587,236	541,366	515,184	449,214	357,722	410,884	355,505	283,886^r	225,587^r
Research and development	15,264	14,318	13,562	12,724	11,403	11,298	10,884	10,552	9,563	7,380
Selling, general and administrative	301,863	279,920	236,264	224,405	208,787	181,905	192,525	177,414	159,756^r	134,834^r
Total costs and expenses	894,960	882,132	791,915	733,457	669,869	553,904	616,821	545,188	453,408^r	367,484^r
Operating income	157,288	171,252	165,757	171,282	116,710	81,124	87,823	88,598	61,625^r	46,642^r
Interest expense	15,571	20,028	8,398	6,478	4,821	7,423	12,755	7,032	3,547	1,293
Interest and investment income	1,929	1,915	1,758	904	267	181	213	379	447	269
Other income (expense), net	·	-658	43	0	·	·	·	·	·	·
Income before income taxes	143,585	153,070	159,016	165,636	112,052	73,687	68,922	79,528	57,653	44,549
Income tax expense	39,904	40,516	42,210	43,906	27,171	17,948	16,358	18,482	26,070	12,083
Income from continuing operations	·	·	·	·	·	·	·	60,413	31,092	32,074
Income from discontinued operations	·	·	·	·	·	·	·	0	0	3
Net income including non-controlling interests	103,681	112,554	116,806	121,730	84,881	55,739	52,564	61,046	31,583	32,469
Net income to non-controlling interests	1,712	956	737	802	838	543	496	633	491	392
Net income	101,969	111,598	116,069	120,928	84,043	55,196	52,068	60,413	31,092	32,077
Earnings per share, basic	8.66	9.51	9.92	10.38	7.26	4.81	4.63	5.45	2.83	2.95
Earnings per share, diluted	8.65	9.48	9.90	10.35	7.21	4.77	4.54	5.30	2.75	2.88
Weighted average shares, basic	11,773	11,739	11,700	11,654	11,579	11,482	11,235	11,086	10,991	10,869
Weighted average shares, diluted	11,794	11,771	11,729	11,688	11,655	11,564	11,457	11,400	11,312	11,149

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton KAI · research, not advice