Allient Inc.
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- Market Cap
- $1.69B
- P/E
- 58.15
- PEG
- 0.59
- P/S
- 2.94
- P/B
- 5.35
- EV/EBITDA
- 23.13
- Div Yield
- 0.14%
- Gross Margin
- 32.24%
- Op Margin
- 8.68%
- Net Margin
- 4.98%
- ROE
- 9.43%
- ROIC
- 7.47%
Latest fiscal year · YoY change
- Revenue
- $554.48M
- Gross Profit
- $169.24M
- Op Income
- $48.02M
- Net Income
- $22.03M
- EPS
- $1.32
- 52W High
- $118.67
- 52W Low
- $41.75
- 50D MA
- $94.89
- 200D MA
- $70.97
- Avg Volume
- 287.18K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Allient reported a strong Q2 with record gross margin, record bookings, and sharply higher earnings, led by Industrial, data center infrastructure, and A&D demand.· August 6, 2026
- Revenue rose 10% year over year to $153.8 million, with organic growth of 9% and favorable FX of about $1.3 million.
- Gross margin hit a record 34.9%, up 170 bps, and operating margin improved to 10.2% from 8.4%.
- Net income increased 85% to $10.4 million, or $0.61 diluted EPS; adjusted EPS was $0.80 and adjusted EBITDA was $23.7 million.
- Orders were a record $201.3 million, up 49% year over year and 27% sequentially, driving a 1.31x book-to-bill and $298 million of backlog.
- Management said STAN continues to drive cost savings, with 2026 savings targeted at $5 million to $7 million, while capex is expected at $12 million to $15 million for full year 2026.
Second-quarter revenue was $153.8 million, up 10% year over year, and organic revenue grew 9% on a constant-currency basis with about $1.3 million of FX tailwind. Gross margin was a record 34.9%, up 170 basis points, and gross profit was $53.6 million. Operating income rose to $15.6 million from $11.7 million, with operating margin at 10.2% versus 8.4%. Net income increased 85% to $10.4 million, or $0.61 per diluted share; adjusted net income was $13.5 million, or $0.80 per diluted share, and adjusted EBITDA was $23.7 million, or 15.4% of revenue. Orders were $201.3 million, up 49% year over year and 27% sequentially, with a 1.31x book-to-bill and backlog of $298 million. For the full year 2026, the company expects restructuring and realignment costs of about $2 million to $3 million, tax rate of 21% to 23%, and capex of about $12 million to $15 million.
Dick Warzala framed the quarter as evidence that Allient’s repositioning and operating discipline are working, emphasizing stronger demand, better mix, and the benefits of the STAN initiative. He highlighted broad strength in Industrial, data center and other infrastructure, Aerospace & Defense, and Medical, and said the company is moving toward higher-value motion, controls, and power applications. His tone was confident and constructive, with repeated comments that the business has better visibility and a more durable operating model.
Jim Michaud focused on the financial leverage in the quarter: revenue up 10% to $153.8 million, record gross margin of 34.9%, operating margin of 10.2%, and adjusted EBITDA margin of 15.4%. He said lower interest expense, down about $1 million year over year to $2.5 million, also helped earnings, while debt fell to $173.3 million and net debt to $131.2 million, with leverage at 1.63x and bank leverage at 2.07x. He added that operating cash flow was $14 million in the quarter, cash was about $42 million, unused revolver capacity was $162 million, and IEEPA-related tariff refund claims were about $1.3 million, with no receivable recorded yet due to timing uncertainty.
Analysts focused on whether the very strong orders and backlog imply a step-up in revenue, and management said some larger blanket orders are not yet booked until closer to production, so the backlog understates visible demand. Management also said lead times have expanded, causing some acceleration in order placement, and noted about $200 million in bookings with no single unusual order. Other questions centered on data center growth, where management said the quarter’s 60% growth was in line with order trends and that it expects continued growth, plus capacity expansion coming online late this quarter or early next quarter. Analysts also pressed on drones, A&D, and Dothan transition costs; management said drone and unmanned systems are becoming a meaningful opportunity, A&D demand is accelerating, and Dothan improvements are progressing but will still require investments and some restructuring costs through the year.
The call’s bullish case is that demand is broadening and converting into record bookings, backlog, and margin expansion at the same time. Management also pointed to a growing data center infrastructure opportunity, an improving automation environment, and new drone/unmanned products that could add another growth vector over time.
The main risks discussed were that mix can be lumpy, so gross margin may vary quarter to quarter even after this record result. Management also flagged ongoing Dothan transition costs, continued restructuring spend, and macro/trade uncertainty, including tariff-related complexity and the fact that some backlog visibility is delayed by how large blanket orders are booked.
AI summary of the company's earnings call · Paraphrased · Not investment advice
of shares held by institutions
217 13F filers
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Fmr LLC | 2.02M | ▼ 47.58K |
| Blackrock, Inc. | 1.25M | ▲ 70.86K |
| Vanguard Group Inc | 1.01M | ▲ 26.44K |
| Juniper Investment Company, LLC | 762.30K | ▼ 33.62K |
| Vanguard Capital Management LLC | 672.68K | ▲ 10.73K |
| Jennison Associates LLC | 512.53K | ▲ 159.10K |
| Dimensional Fund Advisors LP | 505.66K | ▼ 99.60K |
| Geode Capital Management, LLC | 462.40K | ▲ 24.22K |
| State Street Corp | 409.10K | ▲ 6.66K |
| Portolan Capital Management, LLC | 359.69K | ▲ 36.23K |
| Price T Rowe Associates Inc | 331.62K | ▲ 321.33K |
| Driehaus Capital Management LLC | 281.66K | ▼ 92.30K |
Held by 215 ETFs
Biggest fund positions in ALNT by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 10, 26 | WARZALA RICHARD S | sell | 17,028 |
| Aug 10, 26 | WARZALA RICHARD S | sell | 18,176 |
| Aug 10, 26 | WARZALA RICHARD S | sell | 33,944 |
| Aug 10, 26 | WARZALA RICHARD S | sell | 852 |
| Aug 10, 26 | WARZALA RICHARD S | other | 10,000 |
| Aug 5, 26 | Winter Michael R | other | 291 |
| Aug 5, 26 | Tzetzo Nicole R | other | 291 |
| Aug 5, 26 | Finch Steven C. | other | 291 |
| Aug 5, 26 | Federico Richard D | other | 331 |
| Aug 5, 26 | Engel Robert B | other | 291 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our ALNT coverage
Recent articles, reports, and earnings notes.
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