| Summary of Company's Reportable Segments |
The following table presents a summary of the Company’s reportable segments for the years ended December 31, 2025, 2024 and 2023. Financial results for the PLP-USA segment include the elimination of all segments’ intercompany profits in inventory. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | PLP-USA | | The Americas | | EMEA | | Asia-Pacific | | Total | Gross sales | $ | 321,671 | | | $ | 118,713 | | | $ | 139,225 | | | $ | 132,256 | | | $ | 711,865 | | Intersegment sales | (9,052) | | | (9,946) | | | (6,102) | | | (17,427) | | | (42,527) | | Net sales | 312,619 | | | 108,767 | | | 133,123 | | | 114,829 | | | 669,338 | | | Less: | | | | | | | | | | Cost of products sold | 206,762 | | | 77,030 | | | 93,856 | | | 83,151 | | | 460,799 | | Gross profit | 105,857 | | | 31,737 | | | 39,267 | | | 31,678 | | | 208,539 | | | Costs and expenses | 69,922 | | | 25,566 | | | 32,000 | | | 25,916 | | | 153,404 | | Operating income | 35,935 | | | 6,171 | | | 7,267 | | | 5,762 | | | 55,135 | | Interest income | 630 | | | 1,191 | | | 371 | | | 125 | | | 2,317 | | Interest expense | (264) | | | (43) | | | (651) | | | (345) | | | (1,303) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other (expense) income, net | (12,183) | | | 160 | | | 334 | | | 1,160 | | | (10,529) | | | Income before income taxes | 24,118 | | | 7,479 | | | 7,321 | | | 6,702 | | | 45,620 | | Income tax expense | 4,606 | | | 2,084 | | | 1,955 | | | 1,668 | | | 10,313 | | Total noncontrolling interest | — | | | — | | | (24) | | | — | | | (24) | | Total net income attributable to Preformed Line Products Company shareholders | $ | 19,512 | | | $ | 5,395 | | | $ | 5,342 | | | $ | 5,034 | | | $ | 35,283 | | | | | | | | | | | | | Year Ended December 31, 2024 | | PLP-USA | | The Americas | | EMEA | | Asia-Pacific | | Total | | Gross sales | $ | 276,792 | | | $ | 98,554 | | | $ | 133,577 | | | $ | 123,585 | | | $ | 632,508 | | | Intersegment sales | (10,088) | | | (8,274) | | | (5,336) | | | (15,096) | | | (38,794) | | | Net sales | 266,704 | | | 90,280 | | | 128,241 | | | 108,489 | | | 593,714 | | | Less: | | | | | | | | | | | Cost of products sold | 173,735 | | | 61,672 | | | 91,445 | | | 77,051 | | | 403,903 | | | Gross profit | 92,969 | | | 28,608 | | | 36,796 | | | 31,438 | | | 189,811 | | | Costs and expenses | 72,593 | | | 18,655 | | | 26,090 | | | 21,716 | | | 139,054 | | | Operating income | 20,376 | | | 9,953 | | | 10,706 | | | 9,722 | | | 50,757 | | | Interest income | 55 | | | 2,139 | | | 281 | | | 98 | | | 2,573 | | | Interest expense | (911) | | | (81) | | | (658) | | | (571) | | | (2,221) | | | Other (expense) income, net | (27) | | | 141 | | | 133 | | | (586) | | | (339) | | | Income before income taxes | 19,493 | | | 12,152 | | | 10,462 | | | 8,663 | | | 50,770 | | | Income tax expense | 5,553 | | | 3,201 | | | 2,683 | | | 2,222 | | | 13,659 | | | Total noncontrolling interest | — | | | — | | | (17) | | | — | | | (17) | | | Total net income attributable to Preformed Line Products Company shareholders | $ | 13,940 | | | $ | 8,951 | | | $ | 7,762 | | | $ | 6,441 | | | $ | 37,094 | | | | | | | | | | | | | Year Ended December 31, 2023 | | PLP-USA | | The Americas | | EMEA | | Asia-Pacific | | Total | | Gross sales | $ | 387,913 | | | $ | 102,404 | | | $ | 110,661 | | | $ | 126,677 | | | $ | 727,655 | | | Intersegment sales | (9,350) | | | (16,345) | | | (8,531) | | | (23,750) | | | (57,976) | | | Net sales | 378,563 | | | 86,059 | | | 102,130 | | | 102,927 | | | 669,679 | | | Less: | | | | | | | | | | | Cost of products sold | 239,603 | | | 56,054 | | | 65,758 | | | 73,416 | | | 434,831 | | | Gross profit | 138,960 | | | 30,005 | | | 36,372 | | | 29,511 | | | 234,848 | | | Costs and expenses | 79,289 | | | 22,724 | | | 28,193 | | | 20,488 | | | 150,694 | | | Operating income | 59,671 | | | 7,281 | | | 8,179 | | | 9,023 | | | 84,154 | | | Interest income | — | | | 1,615 | | | 125 | | | 71 | | | 1,811 | | | Interest expense | (1,991) | | | (255) | | | (899) | | | (760) | | | (3,905) | | | Other income, net | 54 | | | 136 | | | 66 | | | 28 | | | 284 | | | Income before income taxes | 57,734 | | | 8,777 | | | 7,471 | | | 8,362 | | | 82,344 | | | Income tax expense | 12,342 | | | 3,022 | | | 1,670 | | | 1,973 | | | 19,007 | | | Total noncontrolling interest | — | | | — | | | (5) | | | — | | | (5) | | | Total net income attributable to Preformed Line Products Company shareholders | $ | 45,392 | | | $ | 5,755 | | | $ | 5,796 | | | $ | 6,389 | | | $ | 63,332 | |
| | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | | 2023 | | Expenditure for long-lived assets | | | | | | | PLP-USA | $ | 6,049 | | | $ | 6,054 | | | $ | 25,317 | | | The Americas | 5,537 | | | 2,255 | | | 4,861 | | | EMEA | 27,350 | | | 4,454 | | | 2,849 | | | Asia-Pacific | 1,965 | | | 1,888 | | | 2,305 | | | Total expenditure for long-lived assets | $ | 40,901 | | | $ | 14,651 | | | $ | 35,332 | |
| | | | | | | | | | | | | | | | | | | Depreciation and amortization | | | | | | | PLP-USA | $ | 12,819 | | | $ | 11,768 | | | $ | 9,270 | | | The Americas | 3,740 | | | 3,821 | | | 2,702 | | | EMEA | 3,895 | | | 3,575 | | | 3,493 | | | Asia-Pacific | 2,967 | | | 3,102 | | | 3,449 | | | Total depreciation and amortization | $ | 23,421 | | | $ | 22,266 | | | $ | 18,914 | |
| | | | | | | | | | | | | | As of December 31, | | | 2025 | | 2024 | | Identifiable assets | | | | | PLP-USA | $ | 276,840 | | | $ | 245,388 | | | The Americas | 114,111 | | | 103,456 | | | EMEA | 165,254 | | | 125,013 | | | Asia-Pacific | 97,416 | | | 100,020 | | | Total identifiable assets | $ | 653,621 | | | $ | 573,877 | |
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