Slide 1: Fourth Quarter & Full Year 2025 Financial Results Call
Nasdaq: ALNT March 6, 2026 Fourth Quarter & Full Year 2025 Financial Results Call Dick Warzala Jim Michaud Chairman, President & CEO Chief Financial Officer © Allient Inc.
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT The statements in this presentation that relate to future plans, events or performance are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may pre
Slide 3: Fourth Quarter 2025: Strong Growth, Expanded Margins and Improved Financial Flexibility
FOURTH QUARTER 2025: STRONG GROWTH, EXPANDED MARGINS AND IMPROVED FINANCIAL FLEXIBILITY Improving industrial demand with Revenue Net Income 15% organic growth and positive +17% YoY +112% YoY book-to-bill of 1.01 $143.4M $6.4M Operational discipline driving sustainable margin expansion Gross Margin Q
Slide 4: Full Year 2025: Margin Expansion, Cash Generation and Meaningful Deleveraging
FULL YEAR 2025: MARGIN EXPANSION, CASH GENERATION AND MEANINGFUL DELEVERAGING Record gross margin of 32.8% Revenue Net Income reflecting mix and structural cost +5% YoY +67% YoY improvements $554.5M $22.0M Simplify to Accelerate NOW delivered $6M+ in annualized Gross Margin FY Cash from Operations s
Slide 5: Revenue Growth Across Key Market Verticals
REVENUE GROWTH ACROSS KEY MARKET VERTICALS ($ in millions; narrative compared with prior-year period unless otherwise noted) Quarters Q4 25 market performance (YoY) + 24% Industrial (Power quality to data $139.6 $138.7 $143.4 centers & industrial automation) $132.8 $122.0 + 35% Vehicle (commercial v
Slide 6: Diversified End Markets Supporting Durable Revenue Growth
DIVERSIFIED END MARKETS SUPPORTING DURABLE REVENUE GROWTH Revenue by Market ($ in millions) $530.0 $554.5 4% Distribution 5% Full Year Change and Market Drivers 14% A&D Reflects defense and space program timing as well as 15% + 8% strong execution in expanding our defense business 15% Medical 15% +
Slide 7: Record Full Year Gross Margin
RECORD FULL YEAR GROSS MARGIN ($ in millions; narrative compared with prior-year period unless otherwise noted) Gross Profit and Margin - Quarters $46.4 $46.2 $46.4 Q4 25 margin expanded 90 bps YoY $42.8 $38.4 + Higher volume + Favorable Mix + Simplify to Accelerate NOW + Lean tool kit (AST) 31.5% 3
Slide 8: Structural Cost Improvements Driving Operating Leverage
STRUCTURAL COST IMPROVEMENTS DRIVING OPERATING LEVERAGE ($ in millions; narrative compared with prior-year period unless otherwise noted) Cost actions are driving sustainable Operating Income and Margin - Quarters operating leverage and margin $12.2 durability – Q4 margin expanded $11.7 $11.4 260 bp
Slide 9: Earnings Momentum
EARNINGS MOMENTUM ($ in millions, except per share data) Q4 YoY growth: Adjusted Net Income & Net income +112% GAAP Net Income & EPS Adjusted EPS¹ Adj. Net income(1) +78% $9.9 Adj. EBITDA(1) +35% $6.5 $9.5 $9.3 $6.4 $7.6 $5.6 Adj. EBITDA margin(1) +170 bps $3.6 $5.2 $3.0 $0.39 $0.46 $0.57 $0.59 $0.5
Slide 10: Executing and Delivering on 2025 Financial Commitments
EXECUTING AND DELIVERING ON 2025 Financial priorities: FINANCIAL COMMITMENTS 1. Reduce inventory and strengthen ($ in millions) working capital management 2. Take out costs Three Months Ended Twelve Months Ended 3. Reduce debt 12/31/25 12/31/24 12/31/25 12/31/24 Inventory Turnover Net cash provided
Slide 11: Strengthened Balance Sheet Through Significant Deleveraging
STRENGTHENED BALANCE SHEET THROUGH SIGNIFICANT DELEVERAGING ($ in millions) CAPITALIZATION Deleveraging reflects disciplined cash deployment and working Dec 31, Dec 31, capital execution 2025 2024 Cash and cash equivalents $ 40.7 $ 36.1 Debt down $9.9M in Q4 and $43.8M YTD Total debt 180.4 224.2 Tot
Slide 12: Solid Backlog and Demand Trends
SOLID BACKLOG AND DEMAND TRENDS ($ in millions) Orders Q4 25 order momentum $550.9 Book:Bill 1.01x $480.0 $137.6 $135.0 $133.1 $145.1 +9% sequentially | Driven by $117.9 Industrial, A&D, and Vehicle +23% YoY | Broad-based demand 2025 orders up 15% Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 2024 2025 Majority of
Slide 13: Momentum, Discipline and Flexibility Heading into 2026
MOMENTUM, DISCIPLINE AND FLEXIBILITY HEADING INTO 2026¹ Execution and Operating Leverage • Strength in industrial automation and power quality solutions supporting data center infrastructure • Simplify to Accelerate NOW delivering structural cost and margin improvements • Disciplined execution suppo
Slide 14: Conference Call and Webcast Playback
CONFERENCE CALL AND WEBCAST PLAYBACK Replay Number: 412-317-6671 passcode: 10205461 Telephone replay available through Friday, March 20, 2026 Webcast / Presentation / Replay available at wwwˌallientˌcom/investors Transcript, when available, at wwwˌallientˌcom/investors | © Allient Inc. 14
Slide 15: Supplemental Information
Nasdaq: ALNT Supplemental Information © Allient Inc. 15
Slide 16: Adjusted Net Income Reconciliation
ADJUSTED NET INCOME RECONCILIATION ($ in thousands, except per share data) For the three months ended Dec 31, Mar 31, June 30, Sept 30, Dec 31, 2024 2025 2025 2025 2025 Net income $ 3,013 $ 3,557 $ 5,617 $ 6,477 $ 6,383 Non-GAAP adjustments, net of tax (1) Amortization of intangible assets - net 2,3
Slide 17: Adjusted Net Income Reconciliation
ADJUSTED NET INCOME RECONCILIATION ($ in thousands, except per share data) For twelve months ended Dec 31, Dec 31, Dec 31, 2023 2024 2025 Net income $ 24,097 $ 13,166 $ 22,034 Non-GAAP adjustments, net of tax (1) Amortization of intangible assets - net 9,752 9,726 9,553 Foreign currency loss / (gain
Slide 18: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION ($ in thousands) For the three months ended Dec 31, Mar 31, June 30, Sept 30, Dec 31, 2024 2025 2025 2025 2025 Net income $ 3,013 $ 3,557 $ 5,617 $ 6,477 $ 6,383 Interest expense 3,089 3,635 3,552 3,401 2,587 Provision for income taxes 862 903 1,685 1,845 2,267 Depreci
Slide 19: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION ($ in thousands, except per share data) For twelve months ended Dec 31, Dec 31, Dec 31, 2023 2024 2025 Net income $ 24,097 $ 13,166 $ 22,034 Interest expense 12,383 13,296 13,175 Provision for income taxes 5,603 3,692 6,700 Depreciation and amortization 25,068 25,891 2
Slide 20: Revenue Excluding Foreign Currency Exchange and Calculation of Organic Revenue
REVENUE EXCLUDING FOREIGN CURRENCY EXCHANGE AND CALCULATION OF ORGANIC REVENUE ($ in thousands) Three Months Ended Twelve Months Ended December 31, 2025 December 31, 2025 Revenue as reported $ 143,354 $ 554,478 Less: Foreign currency impact (3,659) (6,481) Revenue excluding foreign currency exchange
Slide 21: Total Net Debt and Leverage Ratio Reconciliation
TOTAL NET DEBT AND LEVERAGE RATIO RECONCILIATION ($ in thousands) December 31, 2025 December 31, 2024 Total debt $ 180,389 $ 224,177 Less: cash and cash equivalents $ 40,705 $ 36,102 Total net debt (Non-GAAP) $ 139,684 $ 188,075 Adjusted EBITDA (Non-GAAP) $ 76,865 $ 62,525 Leverage Ratio (Non-GAAP)
Slide 22: Fourth Quarter & Full Year 2025 Financial Results Call
Nasdaq: ALNT March 6, 2026 Fourth Quarter & Full Year 2025 Financial Results Call Dick Warzala Jim Michaud Chairman, President & CEO Chief Financial Officer © Allient Inc.