Kadant reports Q1 2026 revenue up 18% with record bookings and raised 2026 revenue guidance.

Kadant Inc. reported a strong first quarter for 2026, with revenue rising 18% to $282 million and bookings reaching a record $321 million, driven by acquisitions and strong demand for aftermarket parts. Despite a slight decline in gross margin, net income increased 6% to $26 million, and adjusted EPS rose 14% to $2.84. The company revised its 2026 revenue guidance upward to $1.178-$1.203 billion but lowered adjusted EPS guidance slightly due to acquisition-related short-term dilution. Kadant expects continued improvement in capital project activity amid geopolitical uncertainties.