KEWAUNEE SCIENTIFIC CORP /DE/ KEQU

Technology SIC 3821 - Laboratory Apparatus & Furniture NAICS Manufacturing › Computer and Electronic Product Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Analytical Laboratory Instrument Manufacturing derived Nasdaq

Last close 32.79 2026-10-23
Market cap $94.1M 2026-04-30 share count
52-week range 32.00 - 44.47

Valuation FY2025 figures against the last close

P/S0.3x
P/E10.2x
P/FCF6.4x
EV/EBITDA4.5x
Dividend yield—
Diluted EPS3.22

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $282.0M$240.5M$203.8M$219.5M$168.9M$147.5M$147.5M$146.6M$158.1M$138.6M
Cost of revenue $201.6M$171.6M$151.7M$183.9M$144.7M$123.5M$124.1M$121.2M$125.9M$112.0M
Gross profit $80.4M$68.9M$52.1M$35.6M$24.2M$24.0M$23.4M$25.3M$32.2M$26.6M
R&D $898.0K$919.0K$920.0K$1.0M$990.0K$1.4M$1.8M$1.6M$1.5M$1.2M
Total operating expenses $63.7M$51.1M$33.8M$30.2M$26.8M$25.3M$25.8M$23.2M$22.2M$20.1M
Operating income $16.7M$17.8M$18.3M$5.4M-$2.6M-$1.3M-$2.3M$2.1M$9.9M$6.5M
Interest expense $3.9M$3.2M$1.8M$1.7M$632.0K$389.0K$493.0K$367.0K$299.0K$292.0K
Pre-tax income $13.7M$14.8M$13.1M$4.5M-$2.5M-$2.6M-$2.9M$2.1M$9.6M$6.7M
Income tax $3.3M$3.2M$5.9M$3.1M$3.5M$990.0K$1.8M$446.0K$4.2M$2.1M
Net income $9.6M$11.4M$18.8M$738.0K-$6.1M-$3.7M-$4.7M$1.5M$5.3M$4.5M
EPS, basic 3.363.986.510.26-2.20-1.33-1.700.561.941.67
EPS, diluted 3.223.836.380.25-2.20-1.33-1.700.551.901.66
Shares, diluted (wtd. avg.) 3.0M3.0M2.9M2.9M2.8M2.8M2.8M2.8M2.8M2.7M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $9.9M$14.9M$25.9M$13.8M$6.9M$5.7M$5.2M$11.2M$11.0M$13.9M
Receivables $58.7M$62.4M$45.1M$46.1M$41.3M$32.9M$28.1M$33.3M$32.7M$29.9M
Inventory $30.5M$32.8M$20.7M$21.9M$23.8M$16.5M$15.3M$17.2M$18.5M$14.9M
Total current assets $105.4M$118.4M$96.8M$87.9M$91.6M$60.5M$54.2M$65.4M$64.4M$59.8M
Property, plant and equipment $22.4M$23.2M$17.6M$16.4M$15.1M$16.0M$16.3M$16.5M$14.7M$14.0M
Goodwill $12.5M$12.5M$0———————
Other intangibles $16.3M$17.8M$0———————
Total assets $178.3M$194.7M$134.8M$118.9M$118.8M$89.4M$83.9M$87.2M$85.1M$80.9M
Accounts payable $22.5M$27.0M$23.3M$23.6M$27.3M$16.8M$13.1M$15.2M$14.8M$12.0M
Short-term debt $5.0M$3.0M$3.1M$3.6M$1.6M$6.8M$4.7M$1.2M$1.2M$918.0K
Total current liabilities $48.4M$53.7M$40.8M$40.1M$42.3M$34.2M$27.1M$32.7M$27.6M$26.9M
Long-term debt $15.1M$34.7M—$0——$0$97.0K$1.3M$2.4M
Total liabilities $101.5M$128.4M$78.6M$80.4M$82.6M$47.9M$45.2M$39.5M$36.9M$37.7M
Retained earnings $68.5M$58.9M$47.5M$28.8M$28.0M$34.1M$37.8M$43.6M$43.8M$39.8M
Total equity $74.7M$64.5M$54.8M$37.4M$35.7M$41.2M$38.4M$47.1M$47.7M$43.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $18.6M$14.8M$19.6M-$3.8M-$7.9M$912.0K$4.2M$2.5M$3.2M$11.7M
Depreciation and amortisation $6.3M$4.8M$3.1M$2.9M$2.8M$2.7M$2.7M$2.6M$2.8M$2.7M
Stock-based compensation $2.1M$1.4M$1.0M$886.0K$729.0K$634.0K$251.0K$197.0K$355.0K$199.0K
Capital expenditure $3.9M$2.2M$4.4M$4.1M$1.9M$2.4M$2.5M$4.2M$3.4M$2.6M
Investing cash flow -$3.9M-$30.9M-$4.4M-$4.1M-$1.9M-$2.4M-$2.5M-$4.2M-$3.4M-$2.5M
Financing cash flow -$19.3M$7.4M-$3.0M$14.9M$11.0M$2.0M-$7.5M$2.3M-$2.5M-$2.1M
Dividends paid —————$0$1.0M$2.0M$1.8M$1.6M
Buybacks $0$1.6M$2.0M$0——————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-027713.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M 300M Revenue, FY2016: 138.6M Gross profit, FY2016: 26.6M Net income, FY2016: 4.5M Revenue, FY2017: 158.1M Gross profit, FY2017: 32.2M Net income, FY2017: 5.3M Revenue, FY2018: 146.6M Gross profit, FY2018: 25.3M Net income, FY2018: 1.5M Revenue, FY2019: 147.5M Gross profit, FY2019: 23.4M Net income, FY2019: -4.7M Revenue, FY2020: 147.5M Gross profit, FY2020: 24M Net income, FY2020: -3.7M Revenue, FY2021: 168.9M Gross profit, FY2021: 24.2M Net income, FY2021: -6.1M Revenue, FY2022: 219.5M Gross profit, FY2022: 35.6M Net income, FY2022: 738K Revenue, FY2023: 203.8M Gross profit, FY2023: 52.1M Net income, FY2023: 18.8M Revenue, FY2024: 240.5M Gross profit, FY2024: 68.9M Net income, FY2024: 11.4M Revenue, FY2025: 282M Gross profit, FY2025: 80.4M Net income, FY2025: 9.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $138.6M $158.1M $146.6M $147.5M $147.5M $168.9M $219.5M $203.8M $240.5M $282.0M
Gross profit $26.6M $32.2M $25.3M $23.4M $24.0M $24.2M $35.6M $52.1M $68.9M $80.4M
Net income $4.5M $5.3M $1.5M -$4.7M -$3.7M -$6.1M $738.0K $18.8M $11.4M $9.6M

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.