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KEWAUNEE SCIENTIFIC CORP /DE/

For the period ended Jul 31, 2025. Filed Sep 12, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jul 31, 2025 · Filed Sep 12, 2025

KEQU$34.12+0.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended July 31, 2025

or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission file number 0-5286

KEWAUNEE SCIENTIFIC CORPORATION

(Exact name of registrant as specified in its charter)

Delaware38-0715562
(State or other jurisdiction ofincorporation or organization)(IRS EmployerIdentification No.)
2700 West Front StreetStatesville, North Carolina28677-2927
(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (704)873-7202

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Exchange on which registered

Common Stock, $2.50 par value KEQU NASDAQ Global Market

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☒

As of September 9, 2025, the registrant had outstanding 2,865,694 shares of Common Stock.

KEWAUNEE SCIENTIFIC CORPORATION

INDEX TO FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED July 31, 2025

Page Number
PART I. FINANCIAL INFORMATION
Item 1. · Condensed Consolidated Financial Statements
Condensed Consolidated Statements of Operations (unaudited)– Three Months Ended July 31, 2025 and 20241
Condensed Consolidated Statements of Comprehensive Earnings (unaudited)– Three Months Ended July 31, 2025 and 20242
Condensed Consolidated Statements of Stockholders' Equity (unaudited)– Three Months Ended July 31, 2025 and 20243
Condensed Consolidated Balance Sheets– July 31, 2025 (unaudited) and April 30, 20254
Condensed Consolidated Statements of Cash Flows (unaudited)– Three Months Ended July 31, 2025 and 20245
Notes to Condensed Consolidated Financial Statements (unaudited)7
Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations18
Item 3.Quantitative and Qualitative Disclosures About Market Risk21
Item 4.Controls and Procedures21
PART II. OTHER INFORMATION
Item 1A.Risk Factors22
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds22
Item 5.Other Information22
Item 6.Exhibits23
SIGNATURE24

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