v3.26.3
Segment Data (Tables)
3 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment data
Segment data is summarized as follows:
Three Months Ended September 30,
(in thousands)20262025
Sales:
Metal Cutting$398,155 $310,625 
Infrastructure370,038 187,349 
Total sales$768,193 $497,974 
Cost of goods sold:
Metal Cutting$178,417 $200,775 
Infrastructure76,170 142,595 
Three Months Ended September 30,
(in thousands)20262025
Operating expense:
Metal Cutting$95,963 $86,173 
Infrastructure30,345 26,264 
Restructuring and other charges, net:
Metal Cutting$5,389 $1,718 
Infrastructure(34)(129)
Amortization of intangibles:
Metal Cutting$318 $396 
Infrastructure1,833 1,979 
Operating income:
Metal Cutting$118,337 $21,564 
Infrastructure261,723 16,639 
Total segment operating income380,060 38,203 
Unallocated corporate expenses(809)(644)
Total operating income$379,251 $37,559 
Interest expense11,472 6,186 
Other expense (income), net11,063 (2,322)
Income before income taxes$356,716 $33,695 
Depreciation and amortization:
Metal Cutting$23,328 $24,447 
Infrastructure10,478 10,598 
Total depreciation and amortization$33,806 $35,045 
Capital expenditures:
Metal Cutting$5,191 $11,615 
Infrastructure5,613 11,367 
Total capital expenditures$10,804 $22,982 
Segment assets(3) :
Metal Cutting$1,494,913 $1,394,560 
Infrastructure1,700,631 701,801 
Corporate684,694 422,563 
Total assets$3,880,238 $2,518,924 
(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. Corporate assets are principally cash and cash equivalents, other current assets, long-term prepaid pension benefit, deferred income taxes, operating lease ROU assets and other assets.
Schedule of disaggregation of revenue
The following tables present Kennametal's revenue disaggregated by geography:
Three Months Ended
September 30, 2026September 30, 2025
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
Americas50%64%57%46%57%50%
Europe, the Middle East and Africa (EMEA)322127362131
Asia Pacific181516182219

The following tables present Kennametal's revenue disaggregated by end market:
Three Months Ended
September 30, 2026September 30, 2025
(in percentages)Metal CuttingInfrastructureTotal KennametalMetal CuttingInfrastructureTotal Kennametal
General Engineering54%24%40%52%31%44%
Transportation22—1126—16
Aerospace & Defense151214141113
Energy9291882113
Earthworks—3517—3714