Kewaunee Reports 46.8% Sales Growth in Q2 FY2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
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Source: PRnewswire
- Significant Sales Growth: Kewaunee reported sales of $70.1 million for Q2 FY2026, reflecting a 46.8% increase from $47.8 million in the same quarter last year, indicating strong market demand and operational performance.
- Strong Domestic Performance: Domestic sales reached $55.2 million, up 51.7% year-over-year, demonstrating resilience despite lower manufacturing volumes in laboratory construction, with Nu Aire's strong performance offsetting some of the challenges, highlighting the success of the company's diversification strategy.
- Continued International Growth: International sales amounted to $14.9 million, a 31.0% increase from $11.4 million in the prior year, primarily driven by the delivery of large projects booked in previous periods, showcasing the company's expansion potential in global markets.
- Improved Financial Position: As of October 31, 2025, the company had cash on hand of $13.7 million, down from $17.2 million on April 30, but working capital increased to $67.8 million, indicating financial stability amid ongoing investments and growth initiatives.
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Analyst Views on KEQU
About KEQU
Kewaunee Scientific Corporation is engaged in designing, manufacturing, and installation of laboratory, healthcare and technical furniture products. The Company’s products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, ultralow freezers, and epoxy resin work surfaces and sinks. Its segments include Domestic and International. The Domestic segment designs, manufactures, and installs scientific and technical furniture. The International segment consists of foreign subsidiaries. The Company's products are sold primarily through purchase orders and contracts submitted by customers through its dealers and its subsidiaries, and a national distributor. It has three manufacturing facilities that are located in Statesville serving the domestic and international markets, and one manufacturing facility is located in Bangalore, India serving the local, Asian, and African markets.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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