The financials
Albany International Corp. by the numbers
Albany International Corp. (AIN) reported revenue of $311M in Q1 2026 (quarter ended Mar 31, 2026), up 7.8% from the same quarter a year earlier. That came with a gross margin of 32% and net income of $15M (4.9% of revenue). For the full year FY2025, revenue was $1.18B (−3.9% year on year) and net income −$57M. Its largest segment in Jun 2026 was Machine Clothing at $179M, 54% of the disclosed total, ahead of Engineered Composites at 45%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $311M | $289M | +7.8% |
| Gross profit | $100M | $96M | +3.4% |
| Operating income | $25M | $28M | −10% |
| Net income | $15M | $17M | −12% |
| Diluted EPS | $0.54 | $0.56 | −3.6% |
| Operating | Revenue | Share |
|---|---|---|
| Machine Clothing | $179M | 54% |
| Engineered Composites | $151M | 45% |
| Engineered Composites Other | $4.0M | 1.2% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $333.5M (+6.1%)
Engineered Composites Other grew +32% year on yearMachine Clothing -1.2% year on year
Segment Latestquarter on quarteryear on year
- Machine Clothing$178.7M$178.7MQoQ +7.7%year on year -1.2%+7.7%-1.2%
- Engineered Composites$150.8M$150.8MQoQ +3.7%year on year +16%+3.7%+16%
- Engineered Composites Other$4.0M$4.0MQoQ +34%year on year +32%+34%+32%
- Engineered Composites ASC$0.00$0.00QoQ -year on year ---
Consumer Cyclical
Ranks #40 of 249 by Smart Score