Allient Q2 revenue beats estimates on industrial automation, data center growth

Allient

05/08/2026 21:33

Overview
US motion products maker's Q2 revenue rose 10%, beating analyst expectations
Adjusted EPS for Q2 rose to $0.80
Company reported record gross margin and 49% yr/yr order growth

Outlook
Allient expects 2026 restructuring and realignment costs of $2 mln to $3 mln
Company sees 2026 capital expenditures at $12 mln to $15 mln
Allient expects 2026 income tax rate of 21% to 23%

Result Drivers
STRONG INDUSTRIAL AND INFRASTRUCTURE DEMAND - Co said industrial automation and data center infrastructure drove 17% industrial market revenue growth
AEROSPACE & DEFENSE GROWTH - Co cited 16% revenue growth in aerospace & defense due to program timing and strong defense-related demand
OPERATIONAL IMPROVEMENTS - Co said record gross margin was driven by higher volume, improved mix, and operational improvements under Simplify to Accelerate NOW

Company press release: ID:nBw2RL3bFa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$153.77 mln
$145.69 mln (5 Analysts)
Q2 EPS
 
$0.62
 
Q2 Net Income
 
$10.39 mln
 
Q2 Gross Profit
 
$53.59 mln
 
Q2 Operating Income
 
$15.61 mln
 
Q2 Pretax Profit
 
$13.02 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Allient Inc is $72.50, about 23.3% below its August 4 closing price of $94.56
The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 27 three months ago

Reuters Recommended Reads
Aug 4 - Rockwell Automation raises 2026 profit forecast on strong industrial demand
Aug 4 - Mayville Engineering Q2 revenue beats estimates on Datacenter & Critical Power growth
Aug 5 - Newly spun-off Honeywell Aerospace cuts 2026 forecast on supply-chain woes

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)