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Kadant KAI Material Handling — Research and development expenses

Other segment segments

Industrial Processing
$2.08M+29.8%
Flow Control
$1.4M+3.3%

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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:ResearchAndDevelopmentExpense.

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 material handling — research and development expenses?
Kadant (KAI) reported material handling — research and development expenses of $577K in Q1 2026.
How has Kadant's material handling — research and development expenses changed year-over-year?
Kadant's material handling — research and development expenses increased by 1.9% year-over-year, from $566K to $577K.
What is the long-term trend for Kadant's material handling — research and development expenses?
Over 3 years (2022 to 2025), Kadant's material handling — research and development expenses has grown at a 8.3% compound annual growth rate (CAGR), from $1.77M to $2.24M.
What does material handling — research and development expenses mean?
Reflects the investment in innovation, product design, and engineering improvements specifically for the Material Handling segment's equipment portfolio. This spending is critical for maintaining competitive advantage and developing new technologies for mining and industrial material transport.