secwatch.observer — SEC 8-K summary
======================================

Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2026-08-04T20:47:41+00:00
Accession:  0000886346-26-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant Q2 revenue up 23% to record $313M; adjusted EPS $3.42 (+26%)
-------------------------------------------------------------------

- Bookings rose 16% to $312M; backlog $340M.
- Gross margin fell 210 bps to 43.8%; net income up 24% to $32M.
- GAAP EPS $2.75 (+24%); adjusted EPS $3.42 (record, +26%).
- Adjusted EBITDA record $68M (21.8% of revenue, +30%).
- Operating cash flow up 32% to $54M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634626000049/0000886346-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634626000049/kai-20260804.htm
  HTML page:      https://secwatch.observer/filing/0000886346-26-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer