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Kennametal KMT Metal Cutting — Cost of goods sold

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Infrastructure
$160.28M+19.1%

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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$2.58B+64.7%
Enterprise value$3.11B+52.1%
P/E18.8×+2.0×
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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Infrastructure234,678182,050620,493551,363
Total sales$592,585$486,399$1,620,084$1,450,398
Cost of goods sold:
Metal Cutting$223,533$195,741$635,578$578,605
Infrastructure160,284134,529447,234419,624
Operating expense:
Metal Cutting$94,173$79,265$268,385$248,161
Infrastructure29,49724,24983,55875,255

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Kennametal's metal cutting — cost of goods sold?
Kennametal (KMT) reported metal cutting — cost of goods sold of $223.53M in Q1 2026.
How has Kennametal's metal cutting — cost of goods sold changed year-over-year?
Kennametal's metal cutting — cost of goods sold increased by 14.2% year-over-year, from $195.74M to $223.53M.
What is the long-term trend for Kennametal's metal cutting — cost of goods sold?
Over 2 years (2023 to 2025), Kennametal's metal cutting — cost of goods sold has grown at a -0.3% compound annual growth rate (CAGR), from $798.75M to $793.48M.
What does metal cutting — cost of goods sold mean?
The direct costs attributable to the production of goods and services sold by the Metal Cutting segment, including raw materials, direct labor, and manufacturing overhead. This metric is essential for calculating the gross margin and assessing the segment's production efficiency.

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