Quarterly ResultAug 5, 2026, 04:21 PM
Allient Q2 Net Income +85% to $10.39M; EPS $0.61
AI Summary
Allient Inc. reported strong financial performance for the second quarter of 2026, with revenues increasing 10.2% to $153.77 million and net income surging 85.0% to $10.39 million, resulting in diluted EPS of $0.61. The company continued its "Simplify to Accelerate NOW" restructuring initiative, incurring $641 thousand in costs for the quarter, with total anticipated costs of $2-3 million for 2026. Despite the strong income growth, net cash provided by operating activities for the six months ended June 30, 2026, significantly decreased by 47.6% to $20.13 million compared to the prior year.
Key Highlights
- Q2 2026 Revenue: $153.77 million, up 10.2% from Q2 2025.
- Q2 2026 Net Income: $10.39 million, up 85.0% from Q2 2025.
- Q2 2026 Diluted EPS: $0.61, up 79.4% from Q2 2025.
- Net cash provided by operating activities (YTD 2026): $20.13 million, down 47.6% from YTD 2025.
- Restructuring and business realignment costs (Q2 2026): $641 thousand.
- Long-term debt (June 30, 2026): $173.34 million.
- Q2 2026 Industrial segment revenue: $76.46 million.
- Q2 2026 North America geographic revenue: $102.20 million.
Price Impact
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