NYSE$KMT

Kennametal Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Kennametal reported Q4 2025 sales of $516 million and diluted EPS of $0.28.

Kennametal Inc. reported fourth quarter fiscal 2025 sales of $516 million, down 5% year-over-year, with diluted EPS of $0.28 and adjusted EPS of $0.34. Operating income declined to $31 million due to lower volumes, tariffs, and restructuring charges, partially offset by pricing and savings initiatives. The company returned $122 million to shareholders for the full year and provided FY26 outlook amid ongoing market headwinds.

  • Q4 sales of $516 million declined 5% organically from prior year quarter.
  • Adjusted EPS of $0.34 and adjusted operating margin of 7.4% for the quarter.
  • Achieved $65 million annualized run-rate pre-tax savings; targeting $125 million by June 2027.
  • FY26 Q1 sales outlook $465-485 million and adjusted EPS $0.20-0.30; annual sales $1.95-2.05 billion.

Headline financials

Total Revenue

$516M

Previous: $543M-4.9%
EPS (adj)

$0.34

Previous: $0.49-30.6%
Reported operating margin

6.1%

Previous: 11.3%-46.0%
Adjusted operating margin

7.4%

Previous: 11.5%-35.7%
Free Cash Flow

$121M

No prior period
Net Income

$21.6M

Previous: $38.2M-43.5%
Operating Income

$31.4M

Previous: $61.4M-48.9%
Gross Profit

$146M

Previous: $168M-13.5%
Cash & Equivalents

$141M

No prior period
Total Assets

$2.55B

No prior period

Revenue & EPS history

Kennametal · Revenue · Quarterly

$516M

Q4 2025-4.9%vs Q4 2024
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Kennametal · $516M total across 2 segments · Q4 2025

  • Metal Cutting
    $321M
  • Infrastructure
    $196M

Forward guidance

Company expects continued market headwinds in FY26 with focus on cost actions and growth initiatives.

Tailwinds

  • Q1 sales $465-485 million with 2% FX tailwind
  • Annual sales outlook $1.95-2.05 billion
  • FOCF target ~120% of adjusted net income

Headwinds

  • Adjusted EPS guidance $0.20-0.30 for Q1 and $0.90-1.30 for full year reflects softness

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.6%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+0.5%

Avg return

30 days after

57%

39 / 68 earnings

Positive

+18.4%

Q3 2026

Best reaction

-18.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+18.4%-1.2%-13.1%
Q2 2026+7.2%+13.8%+4.0%
Q1 2026+13.9%+22.4%+26.0%
Q4 2025-18.2%-19.1%-12.7%
Q3 2025+0.1%+10.6%+10.6%
Q2 2025-3.4%-5.6%-4.4%
Q1 2025+10.4%+13.2%+2.6%
Q4 2024+3.8%+1.4%+1.3%
Q3 2024+6.0%+5.0%-0.1%
Q2 2024-5.2%-0.8%+1.8%
Q1 2024+1.0%-0.4%+4.5%
Q4 2023-5.6%-9.8%-13.2%
Q3 2023+5.3%+3.7%-4.0%
Q2 2023-3.8%-6.0%-2.9%
Q1 2023-5.5%-7.8%+0.3%
Q4 2022-1.4%-2.3%-12.7%
Q3 2022+3.2%+1.3%+7.5%
Q2 2022-2.2%-3.3%-11.3%
Q1 2022+0.3%-3.0%-12.2%
Q4 2021+4.7%+0.7%+2.7%
Q3 2021+2.8%+4.1%-6.0%
Q2 2021-5.4%-5.6%+1.9%
Q1 2021-6.3%-3.7%+14.8%
Q4 2020-3.5%+8.6%+14.5%
Q3 2020+3.0%+4.5%+23.7%
Q2 2020-5.4%-5.1%-9.7%
Q1 2020+2.5%+3.9%+6.7%
Q4 2019-6.5%-10.4%-13.4%
Q3 2019-5.7%-12.4%-19.6%
Q2 2019-0.4%-3.9%-4.5%
Q1 2019+1.0%+2.2%+2.3%
Q4 2018+8.0%+2.2%+8.4%
Q3 2018+0.1%+5.9%+1.3%
Q2 2018-4.3%-7.7%-15.9%
Q1 2018+8.6%+5.1%+6.7%
Q4 2017-5.4%-2.0%-5.2%
Q3 2017+7.8%+5.7%-1.7%
Q2 2017+2.7%+5.8%+6.4%
Q1 2017-4.5%-3.9%+22.9%
Q4 2016+4.8%+10.5%+11.1%
Q3 2016+1.7%
Q2 2016+11.2%
Q1 2016-3.8%
Q4 2015-3.0%
Q3 2015+7.8%
Q2 2015+1.4%
Q1 2015-7.4%
Q4 2014-4.8%
Q3 2014+2.9%
Q2 2014-9.1%
Q1 2014+1.3%
Q4 2013+2.7%
Q3 2013+2.9%
Q2 2013-3.5%
Q1 2013-6.6%
Q4 2012+12.6%
Q3 2012-7.8%
Q2 2012-0.8%
Q1 2012-10.8%
Q4 2009+9.8%
Q4 2011+9.8%
Q3 2010+4.1%
Q3 2011+4.1%
Q2 2011-0.8%
Q1 2011+1.1%
Q1 2010+1.1%
Q4 2010+1.1%
Q2 2010+1.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro