Allient Inc. experienced a decline in financial performance for the first quarter of 2025, with revenues decreasing by 9% to $132,803,000 and net income falling by 48% to $3,557,000 compared to the prior year. This was largely attributed to lower sales volume, particularly in the Vehicle and Industrial markets, and a foreign currency decrease. Despite the revenue and net income decline, the company saw a 13% increase in bookings, reflecting a return to more normalized customer order patterns.

Allient reported Q4 2024 revenue of $122.0 million, a 13% decline year-over-year. Despite the lower revenue, gross margin improved to 31.5%, and adjusted EPS came in at $0.31. The company saw a 15% sequential increase in orders, driven by power quality and defense demand. Net income was $3.0 million, down from $4.3 million in the prior year.