Kadant Inc. — Third Quarter 2026 Earnings Summary

Kadant Inc. reported record third-quarter 2026 results with revenue increasing 15% to $313.2 million and net income rising 27% to $35.1 million. The company achieved a 22% increase in bookings to $291.1 million, driven by strong aftermarket demand and acquisitions. Adjusted earnings per share reached a record $3.64, while adjusted EBITDA grew 24% to $71.7 million. Kadant raised its full-year 2026 revenue guidance to a range of $1.195 billion to $1.210 billion and adjusted EPS guidance to $12.58 to $12.73.