Kadant Inc. R&D Expense History
KAI / Industrials|10 years of SEC 10-K data (FY2016-FY2025)
$15M in FY2025 with a 5-year CAGR of +6.2%.
Improved from $14M to $15M over the past 2 years.
Kadant Inc.'s r&d expense of $15M is lower than 88% of companies in the Industrials sector (FY2025). R&D Expense has increased for 9 consecutive years, from $7M in FY2016 to $15M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +6.3%
- 5-Year CAGR
- +6.2%
- 10-Year CAGR
- -
R&D Expense Trend
Bottom 12% in IndustrialsTop 88% of 167This company $15.3M Sector average $283.8M
▼
-94.6% below sector average
Key Insights
- Kadant Inc.'s r&d expense has grown for 9 consecutive years.
- 5-year CAGR of +6.2%, indicating consistent growth.
- In FY2025, r&d expense increased 6.6% year-over-year.
- Ranks #147 out of 167 companies in the Industrials sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $15.3M | +6.6% |
| FY2024 | $14.3M | +5.6% |
| FY2023 | $13.6M | +6.6% |
| FY2022 | $12.7M | +11.6% |
| FY2021 | $11.4M | +0.9% |
| FY2020 | $11.3M | +3.8% |
| FY2019 | $10.9M | +3.1% |
| FY2018 | $10.6M | +10.3% |
| FY2017 | $9.6M | +29.6% |
| FY2016 | $7.4M | +10.5% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026