The financials
Albany International Corp. by the numbers
Albany International Corp. (AIN) reported revenue of $311M in Q1 2026 (quarter ended March 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 2026-Q1 was Machine Clothing at $166M, 53% of the disclosed total, just ahead of Engineered Composites at 46%.
| 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 | $166M | 53% |
| Engineered Composites | $145M | 46% |
| Engineered Composites Other | $3.0M | 1.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $314.3M (+19%)
Engineered Composites grew +27% year on yearEngineered Composites Other -26% year on year
Segment Latestquarter on quarteryear on year
- Machine Clothing$166.0M$166.0MQoQ -5.1%year on year -5.0%-5.1%-5.0%
- Engineered Composites$145.4M$145.4MQoQ +68%year on year +27%+68%+27%
- Engineered Composites Other$3.0M$3.0MQoQ -2.4%year on year -26%-2.4%-26%
- Corporate--QoQ -year on year ---
- Engineered Composites ASC$0.00$0.00QoQ -year on year ---
Consumer Cyclical
Ranks #54 of 255 by Smart Score