v3.26.1
Segment Data (Tables)
 9 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of segment data
Segment data is summarized as follows:
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2026202520262025
Sales:
Metal Cutting$357,907 $304,349 $999,591 $899,035 
Infrastructure234,678 182,050 620,493 551,363 
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 
Infrastructure160,284 134,529 447,234 419,624 
Operating expense:
Metal Cutting$94,173 $79,265 $268,385 $248,161 
Infrastructure29,497 24,249 83,558 75,255 
Three Months Ended March 31,Nine Months Ended March 31,
(in thousands)2026202520262025
Restructuring and other charges, net:
Metal Cutting$1,675 $4,076 $4,988 $5,834 
Infrastructure440 1,513 1,244 1,701 
Amortization of intangibles:
Metal Cutting$401 $368 $1,194 $1,128 
Infrastructure1,986 2,335 5,944 7,014 
Operating income:
Metal Cutting$38,125 $24,900 $89,447 $65,308 
Infrastructure42,471 19,423 82,512 47,770 
Total segment operating income80,596 44,323 171,959 113,078 
Unallocated corporate expenses(1,166)(263)(2,308)(1,325)
Total operating income$79,430 $44,060 $169,651 $111,753 
Interest expense6,264 6,213 18,539 18,705 
Other income, net(6,546)(5,454)(10,964)(8,589)
Income before income taxes$79,712 $43,301 $162,076 $101,637 
Depreciation and amortization:
Metal Cutting$26,221 $23,181 $74,432 $69,513 
Infrastructure11,945 10,672 33,148 31,908 
Total depreciation and amortization$38,166 $33,853 $107,580 $101,421 
Capital expenditures:
Metal Cutting$11,575 $15,545 $28,979 $43,967 
Infrastructure6,413 7,993 24,701 23,539 
Total capital expenditures$17,988 $23,538 $53,680 $67,506 
March 31, 2026March 31, 2025
Segment assets (3) :
Metal Cutting$1,363,641 $1,402,985 
Infrastructure914,769 698,854 
Corporate452,337 388,664 
Total assets$2,730,747 $2,490,503 
(3) Metal Cutting and Infrastructure segment assets are principally accounts receivable, less allowance for doubtful accounts; inventories; property, plant and equipment, net; goodwill; other intangible assets, net of accumulated amortization; and operating lease ROU assets. Corporate assets are principally cash and cash equivalents, other current assets, long-term prepaid pension benefit, deferred income taxes and other assets.
Schedule of disaggregation of revenue
The following tables present Kennametal's revenue disaggregated by geography:
Three Months Ended
March 31, 2026March 31, 2025
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
Americas46%58%50%45%57%49%
Europe, the Middle East and Africa (EMEA)361930372131
Asia Pacific182320182220
Nine Months Ended
March 31, 2026March 31, 2025
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
Americas46%57%50%45%56%49%
EMEA362030362131
Asia Pacific182320192320
The following tables present Kennametal's revenue disaggregated by end market:
Three Months Ended
March 31, 2026March 31, 2025
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
General Engineering53%28%43%53%33%45%
Transportation24—1527—17
Aerospace & Defense151013131012
Energy8231472413
Earthworks—3915—3313
Nine Months Ended
March 31, 2026March 31, 2025
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
General Engineering53%30%44%53%33%46%
Transportation25—1527—16
Aerospace & Defense14101313912
Energy8221372313
Earthworks—3815—3513