{"schema_version":"secwatch.filing_event.v1","accession":"0000886346-23-000016","form_type":"8-K","ticker":"KAI","cik":"0000886346","company_name":"KADANT INC","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.406282+00:00","generated_at":"2026-06-19T12:43:16.253121+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kadant reports record FY2022 revenue $905M, GAAP EPS $10.35 (+44%); Q4 EPS $2.23 (+8%)","bullets":["Q4 revenue $232M (+6% YoY); GAAP diluted EPS $2.23 (+8%); adjusted diluted EPS $2.33 (+1%).","FY2022 revenue $905M (+15%); net income $121M (+44%); adjusted diluted EPS $9.24 (+18%).","Q4 bookings down 7% to $215M; FY bookings up 7% to $958M; ending backlog $345M.","FY2022 operating cash flow $103M, down 37% YoY; Q4 operating cash flow $35M, down 42%.","Adjusted EBITDA margin 20.9% for FY (record); Q4 margin 21.3%."],"urls":{"canonical":"https://secwatch.observer/filing/0000886346-23-000016","json":"https://secwatch.observer/filing/0000886346-23-000016.json","markdown":"https://secwatch.observer/filing/0000886346-23-000016.md","text":"https://secwatch.observer/filing/0000886346-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886346/000088634623000016/0000886346-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886346/000088634623000016/kai-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:43:16.253121+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"590800f8e1a9aff93076dc4e81c5fd863bd225ce","claim":"KADANT INC reported the fiscal year ended December 31, 2022 results: revenue $905 million, net income $121 million, EPS $10.35.","evidence_excerpt":"Fiscal Year Financial Highlights • Revenue increased 15% to $905 million* • Bookings increased 7% to $958 million* • Net income increased 44% to $121 million* • GAAP diluted EPS increased 44% to $10.35* • Adjusted diluted EPS increased 18% to $9.24* • Adjusted EBITDA increased 19% to $189 million* and represented 20.9%* of revenue • Operating cash flow decreased 37% to $103 million • Ending backlog was $345 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886346/000088634623000016/0000886346-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$905 million"},{"label":"Net income","value":"$121 million"},{"label":"EPS","value":"$10.35"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"aa025ef76f09815e68afa6fed73ee20cdfbe2130","claim":"KADANT INC reported the fourth quarter ended December 31, 2022 results: revenue $232 million, net income $26 million, EPS $2.23.","evidence_excerpt":"Kadant Reports Fourth Quarter and Fiscal Year 2022 Results WESTFORD, Mass., February 15, 2023 - Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter Financial Highlights • Revenue increased 6% to $232 million* • Bookings decreased 7% to $215 million • Net income increased 8% to $26 million • GAAP diluted EPS increased 8% to $2.23 • Adjusted diluted EPS increased 1% to $2.33 • Adjusted EBITDA increased 10% to $50 million* and represented 21.3%* of revenue • Operating cash flow decreased 42% to $35 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886346/000088634623000016/0000886346-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$232 million"},{"label":"Net income","value":"$26 million"},{"label":"EPS","value":"$2.23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}