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Kennametal KMT Infrastructure — Restructuring and related cost, incurred cost

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$1.9M-55.8%

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Other financials

Income statement

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Revenue$592.6M+21.8%
Gross profit$208.0M+33.0%
Operating income$79.4M+80.3%
Net income$58.2M+85.0%
EPS (diluted)$0.75+82.9%

Balance sheet

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Cash & equivalents$106.9M+9.6%
Total debt$635.6M+2.2%
Total equity$1.4B+9.5%
Total assets$2.7B+9.6%

Cash flow

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Operating cash flow$55.1M-0.1%
CapEx$18.0M-23.6%
Free cash flow$42.4M+18.0%

Valuation

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Market cap$2.52B+62.9%
Enterprise value$3.05B+50.7%
P/E18.4×+1.8×
P/S1.2×+0.4×

Profitability

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Gross margin31.9%+0.6pp
Operating margin9.4%+0.7pp
Net margin6.4%+1.0pp
FCF margin4.9%-4.8pp

Returns & leverage

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Return on equity10.6%+1.9pp
Debt / equity0.5×0.0×
Current ratio2.4×-0.1×

Where this comes from

Reported directly by Kennametal in its filing.

Tagged under the XBRL concept us-gaap:RestructuringAndRelatedCostIncurredCost.

The source filing: Kennametal’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:24 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031335

We recorded restructuring and related charges of $2.4 million for the three months ended March 31, 2026, which consisted of $1.9 million in Metal Cutting and $0.4 million in Infrastructure. Included in this amount were restructuring related charges of $0.3 million included in cost of goods sold. We recorded restructuring and related charges of $8.6 million for the nine months ended March 31, 2026, which consisted of $7.4 million in Metal Cutting and $1.3 million in Infrastructure. Included in this amount were restructuring related charges of $2.4 million included in cost of goods sold.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Kennametal's infrastructure — restructuring and related cost, incurred cost?
Kennametal (KMT) reported infrastructure — restructuring and related cost, incurred cost of $400K in Q1 2026.
How has Kennametal's infrastructure — restructuring and related cost, incurred cost changed year-over-year?
Kennametal's infrastructure — restructuring and related cost, incurred cost decreased by 73.3% year-over-year, from $1.5M to $400K.
What is the long-term trend for Kennametal's infrastructure — restructuring and related cost, incurred cost?
Over 3 years (2022 to 2025), Kennametal's infrastructure — restructuring and related cost, incurred cost has grown at a 67.1% compound annual growth rate (CAGR), from $600K to $2.8M.
What does infrastructure — restructuring and related cost, incurred cost mean?
The specific expenses recognized during the current reporting period related to the reorganization, downsizing, or operational realignment of the Infrastructure segment. These costs typically include severance, facility closures, and asset write-downs aimed at improving future profitability. Monitoring these charges helps investors assess the short-term impact of management's efforts to optimize segment performance.

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