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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 129,318 $ 140,540
Accounts receivable, less allowance for doubtful accounts of $8,804 and $8,819, respectively 288,205 295,401
Inventories (Note 9) 621,920 538,237
Other current assets 81,835 65,092
Total current assets 1,121,278 1,039,270
Property, plant and equipment:    
Land and buildings 442,101 440,187
Machinery and equipment 2,064,421 2,058,497
Less accumulated depreciation (1,625,214) (1,578,770)
Property, plant and equipment, net 881,308 919,914
Other assets:    
Goodwill (Note 17) 282,973 282,726
Other intangible assets, less accumulated amortization of $180,721 and $175,501, respectively (Note 17) 62,545 67,209
Operating lease right-of-use assets 45,318 45,221
Deferred income taxes 89,798 90,473
Other 112,336 100,599
Total other assets 592,970 586,228
Total assets 2,595,556 2,545,412
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 11) 1,430 977
Current operating lease liabilities 12,242 12,187
Accounts payable 220,410 195,929
Accrued income taxes 15,179 8,546
Accrued expenses 46,710 55,584
Other current liabilities 143,379 149,106
Total current liabilities 439,350 422,329
Long-term debt, less current maturities (Note 10) 597,192 596,788
Operating lease liabilities 33,530 33,408
Deferred income taxes 30,998 32,609
Accrued pension and postretirement benefits 113,459 112,715
Accrued income taxes 1,976 1,936
Other liabilities 21,394 20,979
Total liabilities 1,237,899 1,220,764
Commitments and contingencies (Note 18)
Kennametal Shareholders’ Equity:    
Preferred stock, no par value; 5,000 shares authorized; none issued 0 0
Capital stock, $1.25 par value; 120,000 shares authorized; 76,191 and 76,012 shares issued, respectively 95,238 95,015
Additional paid-in capital 372,839 373,902
Retained earnings 1,228,574 1,201,755
Accumulated other comprehensive loss (381,614) (386,693)
Total Kennametal Shareholders’ Equity 1,315,037 1,283,979
Noncontrolling interests 42,620 40,669
Total equity 1,357,657 1,324,648
Total liabilities and equity $ 2,595,556 $ 2,545,412