Slide 1: Second Quarter Fiscal Year 2026 Financial Results Call
Nasdaq: ALNT August 6, 2026 Second Quarter Fiscal Year 2026 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: Q2 Highlights: Excellent Second Quarter Driven by Record Gross Margin & Strong Orders
Q2 HIGHLIGHTS: EXCELLENT SECOND QUARTER DRIVEN BY RECORD GROSS MARGIN & STRONG ORDERS Results demonstrated the earnings Revenue Net Income power of the model when stronger demand, better mix and disciplined $153.8M +10% YoY $10.4M +85% YoY execution come together Benefited from balanced exposure Rec
Slide 4: STAN Is Driving Better Execution, Margin and Responsiveness
STAN IS DRIVING BETTER EXECUTION, MARGIN AND RESPONSIVENESS • Company-wide operating mindset Delivered (annualized savings): • Focused on faster decisions, stronger accountability and continuous improvement across teams $10 million • In Q2, operational improvements under STAN contributed to in 2024
Slide 5: Revenue Growth Across Key Verticals
REVENUE GROWTH ACROSS KEY VERTICALS ($ in millions; narrative compared with prior-year period unless otherwise noted) Quarters Q2 26 market performance (YoY) + 17% Industrial (to data centers & $153.8 industrial automation) $139.6 $138.7 $143.4 $138.9 + 16% A&D (program timing, strong defense-relate
Slide 6: Diversified End Markets and Global Footprint Continue to Support Resilient Growth
DIVERSIFIED END MARKETS AND GLOBAL FOOTPRINT CONTINUE TO SUPPORT RESILIENT GROWTH Revenue by Market ($ in millions) $519.6 $574.8 5% Distribution 4% YoY Change and Market Drivers 16% A&D 15% + 3% Reflects defense program timing Medical 15% 15% + 6% Higher demand for surgical instruments and pumps 17
Slide 7: Record Gross Margin Reflects Volume, Mix and STAN-Driven Operational Gains
RECORD GROSS MARGIN REFLECTS VOLUME, MIX AND STAN-DRIVEN OPERATIONAL GAINS ($ in millions; narrative compared with prior-year period unless otherwise noted) Gross Profit and Margin - Quarters $53.6 $46.4 $46.2 $46.4 $45.4 Margin expanded 170 bps YoY to a record 34.9% in Q2 26 + Higher volume + Favor
Slide 8: Operating Margin Expansion Reflects Improved Leverage
OPERATING MARGIN EXPANSION REFLECTS IMPROVED LEVERAGE ($ in millions; narrative compared with prior-year period unless otherwise noted) Operating Income and Margin - Quarters Q2 26 margin expanded 180 bps YoY $15.6 Q2 operating costs were 24.7% of $11.7 $12.2 $11.4 revenue, improving 10 bps YoY $9.3
Slide 9: Earnings Growth Accelerated on Higher Margins and Lower Interest Expense
EARNINGS GROWTH ACCELERATED ON HIGHER MARGINS AND LOWER INTEREST EXPENSE ($ in millions, except per share data) Q2 interest expense decreased GAAP Net Income & EPS Adjusted Net Income & $1.0M YoY to $2.5 million, due to Adjusted EPS¹ lower average debt balances $13.5 $10.4 $9.5 $9.9 Q2 YoY growth: $
Slide 10: Working Capital Investments Supported Growth
WORKING CAPITAL INVESTMENTS Financial priorities: SUPPORTED GROWTH 1. Reduce inventory and strengthen ($ in millions) working capital management 2. Take out costs Three Months Ended Six Months Ended 3. Reduce debt 6/30/26 6/30/25 6/30/26 6/30/25 Inventory Turnover 3.2x 3.1x Net cash provided by $ 14
Slide 11: Continued Deleveraging Strengthens Balance Sheet Flexibility
CONTINUED DELEVERAGING STRENGTHENS BALANCE SHEET FLEXIBILITY ($ in millions) CAPITALIZATION June 30, Dec 31, 2026 2025 Debt down $7.1M YTD Cash and cash equivalents $ 42.1 $ 40.7 $162.0 million of unused revolver Total debt capacity 173.3 180.4 Total net debt 131.2 139.7 Bank leverage ratio² well wi
Slide 12: Record Orders and Higher Backlog Improve Visibility Into Second Half 2026
RECORD ORDERS AND HIGHER BACKLOG IMPROVE VISIBILITY INTO SECOND HALF 2026 ($ in millions) Orders $637.6 $550.9 Book:Bill 1.31x $201.3 $145.1 $158.1 Orders increased 49% YoY and 27% $135.0 $133.1 sequentially, with strength led by Industrial and Aerospace & Defense Backlog remains healthy, with most
Slide 13: Executing With Discipline While Positioning for Continued Growth
EXECUTING WITH DISCIPLINE WHILE POSITIONING FOR CONTINUED GROWTH¹ Execution and Growth Priorities • Industrial automation, data center and other infrastructure, aerospace & defense, and medical applications continue to align the portfolio with attractive growth verticals • Diversified end markets an
Slide 14: Conference Call and Webcast Playback
CONFERENCE CALL AND WEBCAST PLAYBACK Replay Number: 412-317-6671 passcode: 13761057 Telephone replay available through Thursday, August 20, 2026 Webcast / Presentation / Replay available at wwwˌallientˌcom/investors Transcript, when available, at wwwˌallientˌcom/investors | © Allient Inc. 14
Slide 15: Supplemental Information
Nasdaq: ALNT Supplemental Information © Allient Inc. 15
Slide 16: Adjusted Net Income Reconciliation
ADJUSTED NET INCOME RECONCILIATION ($ in thousands, except per share data) For the three months ended June 30, Sept 30, Dec 31, Mar 31, June 30, 2025 2025 2025 2026 2026 Net income $ 5,617 $ 6,477 $ 6,383 $ 5,357 $ 10,391 Non-GAAP adjustments, net of tax (1) Amortization of intangible assets - net 2
Slide 17: Adjusted Net Income Reconciliation
ADJUSTED NET INCOME RECONCILIATION ($ in thousands, except per share data) For twelve months ended Dec 31, Dec 31, June 30, 2024 2025 2026 Net income $ 13,166 $ 22,034 $ 28,608 Non-GAAP adjustments, net of tax (1) Amortization of intangible assets - net 9,726 9,553 9,582 Foreign currency loss / (gai
Slide 18: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION ($ in thousands) For the three months ended June 30, Sept 30, Dec 31, Mar 31, June 30, 2025 2025 2025 2026 2026 Net income $ 5,617 $ 6,477 $ 6,383 $ 5,357 $ 10,391 Interest expense 3,552 3,401 2,587 2,553 2,523 Provision for income taxes 1,685 1,845 2,267 1,426 2,628 D
Slide 19: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION ($ in thousands, except per share data) For twelve months ended Dec 31, Dec 31, June 30, 2024 2025 2026 Net income $ 13,166 $ 22,034 $ 28,608 Interest expense 13,296 13,175 11,064 Provision for income taxes 3,692 6,700 8,166 Depreciation and amortization 25,891 25,407
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 Six months ended June 30, 2026 June 30, 2026 Revenue as reported $ 153,770 $ 292,685 Foreign currency impact - (favorable) / unfavorable (1,255) (6,341) Revenue excluding foreign curren
Slide 21: Total Net Debt and Leverage Ratio Reconciliation
TOTAL NET DEBT AND LEVERAGE RATIO RECONCILIATION ($ in thousands) June 30, 2026 December 31, 2025 Total debt $ 173,337 $ 180,389 Less: cash and cash equivalents $ 42,088 $ 40,705 Total net debt (Non-GAAP) $ 131,249 $ 139,684 Adjusted EBITDA (Non-GAAP) $ 80,317 $ 76,865 Leverage Ratio (Non-GAAP) 1.63
Slide 22: Second Quarter Fiscal Year 2026 Financial Results Call
Nasdaq: ALNT August 6, 2026 Second Quarter Fiscal Year 2026 Financial Results Call Dick Warzala Jim Michaud Chairman, President & CEO Chief Financial Officer © Allient Inc.