ALLIENT INC
Business
Allient Inc. designs, manufactures and sells precision and specialty controlled motion components and systems, including servo motors, motion controllers, encoders, gearing, power electronics and integrated solutions. Its product portfolio spans nano-precision positioning systems, brushless and brush motors, optical encoders, filters for power quality, safety modules and industrial communication gateways. The company serves Industrial, Vehicle, Medical and Aerospace & Defense markets globally through direct sales and authorized distributors, operating manufacturing and solution centers across North America, Europe and Asia-Pacific.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 554 | 530 | 579 | 503 | 404 | |
| Cost of goods sold | 373 | 364 | 395 | 346 | 282 | |
| Gross profit | 182 | 166 | 184 | 157 | 121 | |
| Selling | 25 | 25 | 25 | 22 | 17 | |
| General and administrative | 58 | 56 | 58 | 51 | 42 | |
| Engineering and development | 39 | 40 | 42 | 39 | 28 | |
| Acquisition and integration-related costs | 47,000 | 445,000 | 3 | — | — | |
| Restructuring and business realignment costs | 4 | 2 | 1 | — | — | |
| Amortization of intangible assets | 12 | 12 | 12 | 11 | 6 | |
| Total operating costs and expenses | 138 | 136 | 141 | 126 | 95 | |
| Operating income | 44 | 30 | 42 | 32 | 26 | |
| Interest expense | 13 | 13 | 12 | 8 | — | |
| Other expense (income), net | 2 | −116,000 | 231,000 | 283,000 | −323,000 | |
| Total other expense, net | 15 | 13 | 13 | 8 | 3 | |
| Income before income taxes | 29 | 17 | 30 | 24 | 23 | |
| Income tax provision | −7 | −4 | −6 | −6 | 981,000 | |
| Net income | 22 | 13 | 24 | 17 | 24 | |
| Earnings per share | 1.32 | 0.8 | 1.51 | 1.13 | 1.67 | |
| Basic weighted average common shares | 17 | 17 | 16 | 15 | 14 | |
| Earnings per share | 1.32 | 0.79 | 1.48 | 1.09 | 1.66 | |
| Diluted weighted average common shares | 17 | 17 | 16 | 16 | 15 | |
| Foreign currency translation adjustment | 15 | −12 | 4 | −10 | −7 | |
| Change in accumulated loss on derivatives, net of tax | −1 | −1 | −2 | 5 | 2 | |
| Pension adjustments, net of tax | 128,000 | 475,000 | 250,000 | 269,000 | 770,000 | |
| Comprehensive income | 36 | 158,000 | 26 | 14 | 19 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 41 | 36 | 32 | 31 | 22 | |
| Trade receivables, net of provision for credit losses of $887 and $1,628 at December 31, 2025 and December 31, 2024, respectively | 89 | 79 | 85 | 76 | 51 | |
| Inventories | 109 | 112 | 118 | 117 | 90 | |
| Prepaid expenses and other assets | 15 | 11 | 13 | 12 | 13 | |
| Total current assets | 253 | 238 | 248 | 236 | 176 | |
| Property, plant, and equipment, net | 62 | 66 | 67 | 69 | 57 | |
| Deferred income taxes | 11 | 9 | 8 | 4 | 5 | |
| Intangible assets, net | 88 | 100 | 111 | 119 | 104 | |
| Goodwill | 134 | 132 | 131 | 126 | 107 | |
| Operating lease assets | 21 | 24 | 24 | 23 | 17 | |
| Other long-term assets | 8 | 8 | 7 | 11 | 5 | |
| Total Assets | 578 | 576 | 598 | 588 | 471 | |
| Accounts payable | 28 | 27 | 39 | 39 | 37 | |
| Accrued liabilities | 41 | 30 | 56 | 48 | 42 | |
| Total current liabilities | 69 | 57 | 96 | 88 | 78 | |
| Long-term debt | 180 | 224 | 218 | 235 | 159 | |
| Deferred income taxes | 3 | 4 | 4 | 6 | 5 | |
| Pension and post-retirement obligations | 1 | 2 | 3 | 3 | 4 | |
| Operating lease liabilities | 16 | 19 | 20 | 19 | 13 | |
| Other long-term liabilities | 6 | 5 | 5 | 22 | 24 | |
| Total liabilities | 276 | 311 | 346 | 373 | 283 | |
| Commitments and contingencies (Note 11) | — | — | — | — | — | |
| Common stock, no par value, authorized 50,000 shares; 16,936 and 16,810 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 114 | 111 | 96 | 84 | 68 | |
| Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding | — | — | — | — | — | |
| Retained earnings | 197 | 177 | 166 | 144 | 128 | |
| Accumulated other comprehensive loss | −10 | −23 | −10 | −12 | −8 | |
| Total stockholders' equity | 301 | 265 | 252 | 215 | 188 | |
| Total Liabilities and Stockholders' Equity | 578 | 576 | 598 | 588 | 471 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 25 | 26 | 25 | 25 | 18 | |
| Deferred income taxes | −2 | −2 | −5 | −4 | −6 | |
| Provision for excess and obsolete inventory | 4 | 5 | 2 | 2 | 534,000 | |
| Stock-based compensation expense | 3 | 4 | 5 | 5 | 4 | |
| Debt issue cost amortization recorded in interest expense | 648,000 | 534,000 | 300,000 | 202,000 | 141,000 | |
| Other | 610,000 | −119,000 | 1 | 393,000 | 415,000 | |
| Trade receivables | −8 | 7 | −6 | −22 | −170,000 | |
| Inventories | 3 | 7 | −2 | −28 | −23 | |
| Prepaid expenses and other assets | −3 | 2 | 1 | 887,000 | −4 | |
| Accounts payable | 175,000 | −13 | −935,000 | 3 | 8 | |
| Accrued liabilities | 10 | −9 | −2 | 5 | 3 | |
| Net cash provided by operating activities | 57 | 42 | 45 | 6 | 25 | |
| Consideration paid for acquisitions, net of cash acquired | — | −25 | −11 | −44 | −47 | |
| Purchase of property and equipment | −7 | −10 | −12 | −16 | −14 | |
| Net cash used in investing activities | −7 | −35 | −23 | −60 | −61 | |
| Proceeds from issuance of long-term debt | — | 77 | 11 | 75 | 51 | |
| Principal payments of long-term debt and finance lease obligations | −44 | −68 | −28 | −8 | −12 | |
| Payment of contingent consideration | — | −2 | — | — | — | |
| Payment of debt issuance costs | −44,000 | −3 | — | −391,000 | — | |
| Dividends paid to stockholders | −2 | −2 | −2 | −2 | −1 | |
| Tax withholdings related to net share settlements of restricted stock | −1 | −2 | −2 | −2 | −2 | |
| Net cash used in financing activities | −48 | −843,000 | −21 | 64 | 36 | |
| Effect of foreign exchange rate changes on cash | 3 | −2 | 173,000 | −1 | −932,000 | |
| Net increase in cash and cash equivalents | 5 | 4 | 1 | 8 | −668,000 | |
| Stock issued for acquisitions | — | 6 | 7 | 11 | — | |
| Stock issued to settle contingent consideration | — | 5 | — | — | — | |
| Property, plant and equipment purchases in accounts payable or accrued expenses | 376,000 | 336,000 | 1 | 620,000 | 835,000 | |
| Cash paid for interest | 13 | 12 | 12 | — | 3 | |
| Cash paid for income taxes | 9 | 8 | 13 | — | 4 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ALLIENT INC's CIK number?
ALLIENT INC's SEC CIK number is 0000046129 (46129). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ALLIENT INC's SEC filings?
All of ALLIENT INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.