Kennametal Inc. (KMT) Income Statement
KMT FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsKMT revenue and net income
Where KMT's revenue goes
FY2026Each bar shows an amount and its share of revenue. KMT kept 14.5% of revenue as net income.
KMT profit margins
KMT growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.8% | +4.3% | +5.1% | +1.2% |
| Gross profit | +62.2% | +14.5% | +11.9% | +4.6% |
| Operating income | +230.2% | +34.9% | +35.8% | — |
| Net income | +267.7% | +42.4% | +44.5% | — |
| EPS (diluted) | +236.3% | +44.3% | +34.3% | +15.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KMT quarterly EPS vs estimates
Kennametal beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 4, 2026 (estimate $2.66).
KMT income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $1.97B | $2.05B | $2.08B | $2.01B | $1.84B | $1.89B | $2.38B | $2.37B | $2.06B |
| Cost of revenue | $1.39B | $1.37B | $1.42B | $1.43B | $1.36B | $1.29B | $1.36B | $1.54B | $1.54B | $1.40B |
| Gross profit | $970.0M | $598.1M | $627.1M | $646.4M | $648.0M | $552.5M | $529.5M | $831.5M | $832.3M | $657.7M |
| Research & development | — | $44.4M | $44.2M | $43.1M | $42.1M | $39.5M | $38.7M | $39.0M | $38.9M | $38.0M |
| Sales, general & admin | — | — | — | — | — | — | — | $488.2M | $520.0M | $483.3M |
| Total operating expenses | $497.4M | $454.9M | $456.9M | $454.0M | $429.8M | $450.3M | $507.2M | $488.6M | $512.8M | $479.7M |
| Operating income | $472.5M | $143.1M | $170.2M | $192.4M | $218.1M | $102.2M | $22.3M | $328.9M | $307.6M | $112.9M |
| Interest income | — | $26.2M | $30.6M | $28.5M | $28.4M | $46.4M | $35.2M | $32.9M | $30.2M | $29.7M |
| Interest expense | $28.6M | $24.9M | $26.5M | $28.5M | $25.9M | $46.4M | $35.2M | $33.0M | $30.1M | $28.8M |
| Income before taxes | $461.3M | $132.0M | $144.4M | $159.6M | $206.7M | $64.7M | $2.0M | $311.2M | $275.0M | $81.9M |
| Income taxes | $110.9M | $33.3M | $30.8M | $36.3M | $56.5M | $6.2M | $7.0M | $63.4M | $70.0M | $29.9M |
| Net income | $342.4M | $93.1M | $109.3M | $118.5M | $144.6M | $54.4M | −$5.7M | $241.9M | $200.2M | $49.1M |
| EBITDA | $633.0M | $293.4M | $305.6M | $322.1M | $364.3M | $237.5M | $157.0M | $456.3M | $432.2M | $220.6M |
| EPS (diluted) | $4.54 | $1.35 | $1.45 | $1.51 | $1.79 | $1.04 | $0.95 | $3.02 | $2.64 | $1.51 |
| Gross margin | 41.2% | 30.4% | 30.6% | 31.1% | 32.2% | 30.0% | 28.1% | 35.0% | 35.1% | 32.0% |
| Operating margin | 20.1% | 7.3% | 8.3% | 9.3% | 10.8% | 5.5% | 1.2% | 13.8% | 13.0% | 5.5% |
| Net margin | 14.5% | 4.7% | 5.3% | 5.7% | 7.2% | 3.0% | −0.3% | 10.2% | 8.5% | 2.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $736.6M | $592.6M | $529.5M | $498.0M | $516.4M | $486.4M | $482.1M | $481.9M | $543.3M | $515.8M | $495.3M | $492.5M |
| Cost of revenue | $303.1M | $387.0M | $355.7M | $343.4M | $370.8M | $330.0M | $337.0M | $330.9M | $372.0M | $362.5M | $355.7M | $329.6M |
| Gross profit | $433.6M | $205.6M | $173.9M | $154.6M | $145.7M | $156.4M | $145.0M | $151.0M | $171.3M | $153.3M | $139.6M | $162.9M |
| Research & development | — | $11.0M | $14.0M | $10.6M | — | — | — | $11.1M | $10.9M | $11.3M | $11.0M | $11.0M |
| Sales, general & admin | — | — | $104.0M | — | — | — | — | — | — | — | — | — |
| Total operating expenses | $130.7M | $124.0M | $118.7M | $115.4M | $114.3M | $112.3M | $113.4M | $115.0M | $109.9M | $118.0M | $111.1M | $117.8M |
| Operating income | $302.9M | $81.5M | $55.2M | $39.1M | $31.4M | $44.1M | $31.7M | $36.0M | $61.4M | $35.2M | $28.5M | $45.1M |
| Interest income | — | — | $6.1M | $6.2M | $6.2M | $6.2M | $6.2M | $6.3M | — | — | — | $6.6M |
| Interest expense | $10.0M | $6.4M | $6.1M | $6.2M | $6.2M | $6.2M | $6.2M | $6.3M | $6.2M | $6.8M | $6.8M | $6.6M |
| Income before taxes | $299.3M | $79.7M | $48.7M | $33.7M | $30.4M | $43.3M | $27.0M | $31.4M | $55.2M | $28.5M | $22.3M | $38.4M |
| Income taxes | $69.8M | $18.6M | $13.5M | $9.1M | $7.2M | $10.2M | $7.9M | $7.9M | $16.9M | $7.8M | −$2.0M | $8.1M |
| Net income | $227.0M | $58.2M | $33.9M | $23.3M | $21.6M | $31.5M | $17.9M | $22.1M | $37.2M | $19.0M | $23.1M | $30.1M |
| EBITDA | $332.1M | $124.3M | $89.1M | $74.9M | $71.7M | $83.4M | $67.2M | $71.2M | $96.4M | $68.7M | $61.9M | $78.5M |
| EPS (diluted) | $2.96 | $0.77 | $0.47 | $0.34 | $0.34 | $0.47 | $0.25 | $0.29 | $0.49 | $0.30 | $0.29 | $0.37 |
| Gross margin | 58.9% | 34.7% | 32.8% | 31.0% | 28.2% | 32.1% | 30.1% | 31.3% | 31.5% | 29.7% | 28.2% | 33.1% |
| Operating margin | 41.1% | 13.8% | 10.4% | 7.9% | 6.1% | 9.1% | 6.6% | 7.5% | 11.3% | 6.8% | 5.7% | 9.2% |
| Net margin | 30.8% | 9.8% | 6.4% | 4.7% | 4.2% | 6.5% | 3.7% | 4.6% | 6.8% | 3.7% | 4.7% | 6.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KMT's financial statements (latest annual report filed August 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KMT financial results
In fiscal year 2026 (ended June 30, 2026), Kennametal reported revenue of $2.4 billion, up 19.8% from the year before. It had net income of $342.4 million (up 267.7%), a net profit margin of 14.5%. Diluted earnings per share came to $4.54. Over five years revenue grew at an average rate of 5.1% a year.
See the KMT stock overview for the latest quote and news, or the KMT chart for price history and technical indicators.
KMT income statement FAQ
What is Kennametal's annual revenue?
Kennametal reported total revenue of $2.4 billion for fiscal year 2026, which ended on June 30, 2026. That was up 19.8% from $2.0 billion the previous year.
Is Kennametal profitable?
Yes. Kennametal reported net income of $342.4 million in fiscal 2026, a net profit margin of 14.5%; its operating margin was 20.1%.
What is Kennametal's gross margin?
Kennametal's gross margin was 41.2% in fiscal 2026: for every $100 of revenue, Kennametal kept $41 after the direct cost of its products and services.
How fast is Kennametal growing?
Revenue grew 5.1% a year on average over the last five fiscal years, from $1.8 billion to $2.4 billion.
What are Kennametal's earnings per share?
Kennametal earned $4.54 per diluted share in fiscal 2026, compared with $1.35 a year earlier.
When will Kennametal report its next earnings?
Kennametal is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Kennametal's fiscal year end?
Kennametal's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 12, 2026.