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Kadant KAI Industrial Processing — Depreciation expense

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Other financials

Income statement

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Revenue$281.5M+17.7%
Gross profit$126.7M+14.8%
Operating income$40.1M+12.7%
Net income$25.5M+6.0%
EPS (diluted)$2.16+5.9%

Balance sheet

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Cash & equivalents$119.8M+27.7%
Total debt$368.6M+30.6%
Total equity$995.6M+13.7%
Total assets$1.7B+19.5%

Cash flow

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Operating cash flow$21.9M-4.0%
CapEx$3.3M-15.1%
Free cash flow$18.7M-1.8%

Valuation

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Market cap$3.55B-6.9%

Profitability

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Gross margin45%+0.4pp
Operating margin14.8%-1.5pp
Net margin9.4%-1.2pp
FCF margin14.1%+1.0pp

Returns & leverage

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Return on equity11.1%-2.3pp
Debt / equity0.4×0.0×
Current ratio2.5×0.0×

Where this comes from

Reported directly by Kadant in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Kadant’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kadant's industrial processing — depreciation expense?
Kadant (KAI) reported industrial processing — depreciation expense of $3.11M in Q1 2026.
How has Kadant's industrial processing — depreciation expense changed year-over-year?
Kadant's industrial processing — depreciation expense increased by 32.5% year-over-year, from $2.35M to $3.11M.
What is the long-term trend for Kadant's industrial processing — depreciation expense?
Over 4 years (2021 to 2025), Kadant's industrial processing — depreciation expense has grown at a -5.7% compound annual growth rate (CAGR), from $13.47M to $10.64M.
What does industrial processing — depreciation expense mean?
Represents the systematic allocation of the cost of tangible fixed assets, such as machinery and equipment, used within the Industrial Processing segment over their useful lives. This non-cash charge reflects the wear and tear or obsolescence of the segment's physical capital base.