An edge machining tool in which two substantially identical tool members are mounted on a work spindle with each tool member having peripheral axial portions extending into notches in the other tool member. The aforementioned axial portions are provided with cutting edges and incline downwardly toward the other tool member so that in cross section the tool members define a "V" shape therebetween. At least one threaded adjusting spindle is provided which is held against axial movement on the work spindle and which engages the tool members with threads of respective hand so that by rotation of the adjusting spindle the tool members can be caused to move toward and away from each other on the axis of the work spindle.