KENNAMETAL INC. (KMT) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-07-01 to 2026-06-30

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KENNAMETAL INC. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Term debt borrowings → financing reconciliation: $296,994,000.00Net increase in revolving and other lines of credit → financing reconciliation: $20,000,000.00Net increase (decrease) in notes payable → financing reconciliation: $11,293,000.00financing reconciliation → Net cash from financing activities: $31,634,000.00financing reconciliation → Term debt repayments: $209,387,000.00financing reconciliation → Cash dividends paid to Shareholders: $60,847,000.00financing reconciliation → Purchase of capital stock: $10,106,000.00financing reconciliation → Other: $8,227,000.00financing reconciliation → The effect of employee benefit and stock plans and dividend reinvestment: $8,086,000.00Proceeds from insurance recoveries → investing reconciliation: $3,400,000.00Disposals of property, plant and equipment → investing reconciliation: $1,775,000.00Other → investing reconciliation: $435,000.00investing reconciliation → Purchases of property, plant and equipment: $76,905,000.00Net cash used in operating activities → operating reconciliation: $4,008,000.00Net income → operating reconciliation: $350,414,000.00Accounts payable and accrued liabilities → operating reconciliation: $226,097,000.00Depreciation → operating reconciliation: $133,633,000.00Deferred income taxes → operating reconciliation: $44,686,000.00Stock-based compensation expense → operating reconciliation: $34,851,000.00Accrued income taxes → operating reconciliation: $11,006,000.00Other → operating reconciliation: $10,648,000.00Amortization → operating reconciliation: $9,522,000.00Restructuring and other charges, net → operating reconciliation: $8,909,000.00Debt refinancing charge (Note 11) → operating reconciliation: $1,261,000.00operating reconciliation → Inventories: $593,396,000.00operating reconciliation → Accounts receivable: $116,866,000.00operating reconciliation → Other current assets: $102,093,000.00operating reconciliation → Other: $12,229,000.00operating reconciliation → Accrued pension and postretirement benefits: $7,051,000.00operating reconciliation → Gain on insurance recoveries: $3,400,000.00Net cash used in investing activities → investing reconciliation: $71,295,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $140,540,000.00Net cash from financing activities → Cash sources and uses: $31,634,000.00Cash sources and uses → Exchange-rate effect: $1,080,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $95,791,000.00Cash sources and uses → Net cash used in investing activities: $71,295,000.00Cash sources and uses → Net cash used in operating activities: $4,008,000.00Net income: $350,414,000.00Net income+$350.41 MDepreciation: $133,633,000.00Depreciation expense+$133.63 MAmortization: $9,522,000.00Intangible amortization+$9.52 MStock-based compensation expense: $34,851,000.00Stock-based compensation+$34.85 MRestructuring and other charges, net: $8,909,000.00Restructuring & other, net+$8.91 MDeferred income taxes: $44,686,000.00Deferred income taxes+$44.69 MGain on insurance recoveries: -$3,400,000.00Insurance recoveries−$3.40 MLoss on divestiture: $0.00Debt refinancing charge (Note 11): $1,261,000.00Debt refinancing charge+$1.26 MOther: $10,648,000.00Other non-cash items+$10.65 MAccounts receivable: -$116,866,000.00Accounts receivable−$116.87 MInventories: -$593,396,000.00Inventories−$593.40 MOther current assets: -$102,093,000.00Other current assets−$102.09 MAccounts payable and accrued liabilities: $226,097,000.00Payables & accrued liabilities+$226.10 MAccrued income taxes: $11,006,000.00Income taxes payable+$11.01 MAccrued pension and postretirement benefits: -$7,051,000.00Pension & retiree obligations−$7.05 MOther: -$12,229,000.00Other working capital, net−$12.23 MNet cash used in operating activities: -$4,008,000.00. Cash required to fund net payments.Operating cash−$4.01 Moperating reconciliation: $835,035,000.00Net increase (decrease) in notes payable: $11,293,000.00Notes issued & repaid, net+$11.29 MNet increase in revolving and other lines of credit: $20,000,000.00Credit lines, net+$20.00 MTerm debt borrowings: $296,994,000.00Long-term debt issued+$296.99 MTerm debt repayments: -$209,387,000.00Long-term debt repaid−$209.39 MPurchase of capital stock: -$10,106,000.00Common stock repurchases−$10.11 MThe effect of employee benefit and stock plans and dividend reinvestment: -$8,086,000.00Stock & dividend reinvestment−$8.09 MCash dividends paid to Shareholders: -$60,847,000.00Common dividends paid−$60.85 MOther: -$8,227,000.00Other financing, net−$8.23 MNet cash from financing activities: $31,634,000.00Financing cash+$31.63 Mfinancing reconciliation: $328,287,000.00Purchases of property, plant and equipment: -$76,905,000.00PP&E purchases−$76.91 MDisposals of property, plant and equipment: $1,775,000.00PP&E sales+$1.78 MProceeds from divestiture: $0.00Proceeds from insurance recoveries: $3,400,000.00Insurance proceeds+$3.40 MBusiness acquisitions: $0.00Other: $435,000.00Other investing, net+$435.00 KNet cash used in investing activities: -$71,295,000.00. Cash required to fund net payments.Investing cash−$71.30 Minvesting reconciliation: $76,905,000.00Cash sources and uses: $172,174,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $140,540,000.00Beginning cash$140.54 MEnding cash: Cash, cash equivalents, and restricted cash: $95,791,000.00Ending cash$95.79 MExchange-rate effect: -$1,080,000.00FX effect−$1.08 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flow−$80.91 MOperating cash − cash spent on PP&ECash flow / Net income−0.01×Operating cash flow ÷ net incomeNet cash change−$44.75 MEnding cash − beginning cash
Chart details

KENNAMETAL INC. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026

Cash flows for Jul 1, 2025 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2025
140,540,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 4,008,000 US dollars. Net cash used.
Net income
350,414,000 US dollars
Depreciation
133,633,000 US dollars
Amortization
9,522,000 US dollars
Stock-based compensation expense
34,851,000 US dollars
Restructuring and other charges, net
8,909,000 US dollars
Deferred income taxes
44,686,000 US dollars
Gain on insurance recoveries
negative 3,400,000 US dollars
Loss on divestiture
0 US dollars
Debt refinancing charge (Note 11)
1,261,000 US dollars
Other
10,648,000 US dollars
Accounts receivable
negative 116,866,000 US dollars
Inventories
negative 593,396,000 US dollars
Other current assets
negative 102,093,000 US dollars
Accounts payable and accrued liabilities
226,097,000 US dollars
Accrued income taxes
11,006,000 US dollars
Accrued pension and postretirement benefits
negative 7,051,000 US dollars
Other
negative 12,229,000 US dollars
Investing activities
negative 71,295,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 76,905,000 US dollars
Disposals of property, plant and equipment
1,775,000 US dollars
Proceeds from divestiture
0 US dollars
Proceeds from insurance recoveries
3,400,000 US dollars
Business acquisitions
0 US dollars
Other
435,000 US dollars
Financing activities
31,634,000 US dollars. Net cash provided.
Net increase (decrease) in notes payable
11,293,000 US dollars
Net increase in revolving and other lines of credit
20,000,000 US dollars
Term debt borrowings
296,994,000 US dollars
Term debt repayments
negative 209,387,000 US dollars
Purchase of capital stock
negative 10,106,000 US dollars
The effect of employee benefit and stock plans and dividend reinvestment
negative 8,086,000 US dollars
Cash dividends paid to Shareholders
negative 60,847,000 US dollars
Other
negative 8,227,000 US dollars
Operating adjustment reconciliation
835,035,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
328,287,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
76,905,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 1,080,000 US dollars
Ending cash on Jun 30, 2026
95,791,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
172,174,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 44,749,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−0.01×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
negative 4,008,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
76,905,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 80,913,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 4,008,000 US dollars minus 76,905,000 US dollars equals negative 80,913,000 US dollars.
KENNAMETAL INC. (KMT) FY2026 Annual Statement of Cash Flows Sankey chart
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