In Q1 FY2026, Albany International reported revenue of $311.3 million, up 7.8% year-over-year. Net income was $15.3 million, down 12.0% from the prior year, while operating income fell 10.2% to $25.4 million. Diluted EPS decreased 3.6% to $0.54. The company held $122.6 million in cash and $476.5 million in long-term debt, with equity of $729.4 million.
•Revenue increased 7.8% YoY to $311.3 million.
•Net income declined 12.0% YoY to $15.3 million.
•Operating income fell 10.2% YoY to $25.4 million.
•Diluted EPS was $0.54, down 3.6% from the prior year.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Albany International provides the machine clothing and engineered composites businesses globally. Its operations are structured into two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC).
The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboard, tissues, towels, pulps, building products, tannery, and textiles
Nonwovens, fiber cement, and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as processing belts; and engineered fabrics. Its AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft.
The company sells its products to commercial and defense markets, space-launch vehicles and the emerging advanced air mobility market, as well as to customer end-users. Incorporated in 1895, Albany International is headquartered in Portsmouth, New Hampshire.
Albany International Corp. operates in two main segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing used in producing paper, paperboard, tissues, towels, pulps, building products, tannery, textiles, nonwovens, fiber cement, and other industrial applications. This includes forming, pressing, and drying fabrics as well as processing belts and engineered fabrics. The AEC segment produces 3D-woven and injected composite components for aircraft engines, composite airframe and engine parts for military and commercial aircraft, and serves space-launch vehicles and the emerging advanced air mobility market. The company sells to commercial and defense markets.
Where is Albany International Corp. (AIN) listed and in which currency?
Albany International Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol AIN. Its shares are traded in US dollars (USD), reflecting its primary listing in the United States. The company is headquartered in Portsmouth, New Hampshire, and its financial reporting is conducted in USD, making it accessible to investors trading on US markets.
What sector and industry does Albany International Corp. (AIN) belong to?
Albany International Corp. operates in the Consumer Cyclical sector and is classified under the Textile Manufacturing industry. While its products are specialized industrial textiles and composites, the consumer cyclical classification indicates that demand for its offerings can be tied to economic cycles. The company's machine clothing and engineered composites serve industries like paper manufacturing, aerospace, and defense, which may experience fluctuations based on broader economic conditions.
Where is Albany International Corp. (AIN) headquartered and what markets does it serve?
Albany International Corp. is headquartered in Portsmouth, New Hampshire, United States. It serves global markets through its two segments: Machine Clothing and Albany Engineered Composites. The MC segment provides products for paper, tissue, nonwovens, and other industrial applications worldwide. The AEC segment supplies composite components for aircraft engines and airframes to commercial and defense markets, as well as space-launch vehicles and advanced air mobility. The company's operations span multiple countries, leveraging its US base to serve international customers.
How does Albany International Corp. (AIN) make money?
Albany International Corp. generates revenue through two primary business segments. The Machine Clothing (MC) segment sells paper machine clothing and engineered fabrics used in manufacturing paper, paperboard, tissues, towels, pulps, building products, tannery, textiles, nonwovens, fiber cement, and other industrial applications. This includes forming, pressing, and drying fabrics, as well as processing belts. The Albany Engineered Composites (AEC) segment produces 3D-woven and injected composite components for aircraft engines, composite airframe and engine parts for military and commercial aircraft, and serves space-launch vehicles and advanced air mobility. The company sells to commercial and defense markets, deriving income from product sales and long-term contracts.