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ALBANY INTERNATIONAL CORP /DE/ (AIN) Form 10-Q — Apr 30, 2026

$AINForm 10-QFiled Apr 30, 2026, 1:36 PM ET0001628280-26-028744Original filing

Albany International reported net revenues of $311.3 million for the first quarter of 2026, an increase of 7.8% compared to the prior year period, driven primarily by higher volume in the Albany Engineered Composites (AEC) segment. Despite the revenue growth, net income attributable to the company decreased 12% to $15.3 million, or $0.54 per share, as higher interest expenses and an increased effective tax rate offset the top-line gains. The Machine Clothing segment faced headwinds with a 5% sales decline due to production interruptions, while the AEC segment delivered strong growth with a 27.4% revenue increase.

Key figures

Eps
0.54
Revenue
311,333,000
Net Income
15,281,000
Total Debt
476,541,000
Revenue Yoy
7.8%
Total Assets
1,736,787,000
Cash Position
122,557,000

Price after filing

1 day: +0.4%7 days: +6.2%30 days: +11.5%

Close on the filing date to close N calendar days later (from $58.04). Historical, not a forecast.

AI analysis

Red flags5 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.