Kadant Inc. Reports Third Quarter 2026 Financial Results

Kadant Inc. reported third-quarter 2026 revenue of $313.2 million, up 15% year over year, while net income increased 27% to $35.1 million. GAAP EPS was $2.96, adjusted EPS reached a record $3.64, and the company posted record adjusted EBITDA of $71.7 million and operating cash flow of $62.9 million. Quarterly bookings rose 22% to $291.1 million. Kadant updated its 2026 outlook to revenue of $1.195 billion–$1.210 billion and GAAP EPS of $9.88–$10.03.