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Kewaunee Scientific
Kewaunee Scientific (KEQU) investor relations material
Kewaunee Scientific Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary11 Mar, 2026
Executive summary
Third quarter FY2026 sales rose 3.3% year-over-year to $69.4 million, with pre-tax earnings up 25.8% to $1.6 million, but net earnings declined to $692,000 from $1.35 million due to higher expenses and integration costs.
EBITDA for the quarter was $3.8 million, nearly flat year-over-year, while adjusted EBITDA was $3.98 million, reflecting integration costs for the Nu Aire acquisition.
Order backlog decreased to $183.2 million from $221.6 million a year ago, indicating a slowdown in new orders.
Financial highlights
Gross profit for the quarter was $18.5 million, with operating profit at $2.6 million.
Diluted EPS for the quarter was $0.23, down from $0.45 in the prior year quarter.
Cash on hand at quarter-end was $10.3 million, down from $17.2 million at the start of the fiscal year.
Working capital stood at $54.8 million, down from $58.4 million a year ago.
Outlook and guidance
Management expects continued softness in construction-related business due to seasonal and macroeconomic factors but anticipates growth from the Nu Aire acquisition and ongoing diversification.
Investments in corporate infrastructure and readiness for SEC accelerated reporting are expected to support future inorganic growth.
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Next Kewaunee Scientific earnings date
Q4 202624 Jun, 2026
Kewaunee Scientific
Next Kewaunee Scientific earnings date
Q4 202624 Jun, 2026
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Frequently asked questions
Kewaunee Scientific Corporation is a company focused on the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. Its product portfolio includes steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, and epoxy resin work surfaces. These products are primarily used in laboratories, research facilities, and healthcare environments to meet the specific needs of these settings. The company serves various sectors, including education, healthcare, industrial research, and government. The company is headquartered in Statesville, North Carolina, and its shares are listed on the NASDAQ.
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