Albany International Reports Q1 Revenue of $311.333M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Reports Q1 revenue $311.333M vs $288.774M last year. Gunnar Kleveland, Albany International's President and Chief Executive Officer said, "Over the past year, we have taken steps to de-risk the business by addressing underperforming areas and sharpening our focus on profitable growth. This has driven a strong start to 2026, with results at the top end of our expectations."
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Analyst Views on AIN
Wall Street analysts forecast AIN stock price to fall
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 70.950
Low
47.00
Averages
51.00
High
55.00
Current: 70.950
Low
47.00
Averages
51.00
High
55.00
About AIN
Albany International Corp. is a developer and manufacturer of engineered components. It is engaged in advanced textiles and materials processing, specializing in designing and manufacturing high-performance engineered fabrics and composite components and assemblies that serve industries, such as paper, industrial manufacturing, and aerospace. Its Machine Clothing segment is a producer of custom-designed fabrics and high-speed process belts critical in the manufacture of all grades of paper products characterized primarily as paper machine clothing. The segment supplies highly engineered consumable permeable, and impermeable belts. Its Albany Engineered Composites segment provides composite technology solutions and is a manufacturer of engineered components, structures and assemblies for aerospace and defense applications. The segment provides highly engineered, advanced composite structures and assembly solutions to customers and platforms in the commercial and defense markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Albany International Advances Plastic Recycling Project with Cyclezyme
- Significant Project Progress: Albany International's collaboration with Cyclezyme AB has made notable advancements in enzyme-based plastic recycling, with Cyclezyme successfully depolymerizing selected material samples, showcasing potential for future circular recycling that meets increasing sustainability demands.
- Technological Innovation Breakthrough: Cyclezyme has developed several nylon-degrading enzymes focused on recycling nylon and polyamide materials, indicating the breadth of its technology platform, which may enable the recycling of various plastics and textiles, enhancing customer performance and recycling potential.
- Growing Market Demand: As customer demand for circular solutions rises, Albany International's project will help meet global sustainability needs in sectors like papermaking and construction materials, thereby enhancing the company's competitive position in the market.
- Future Application Outlook: Albany International and Cyclezyme have initiated discussions regarding the next phase of the project, focusing on scaling the technology for future industrial applications, reflecting the company's strategic emphasis on innovative recycling technologies and their significance in the industry.
See More
Albany International Releases 2025 Sustainability Report Highlighting Innovations
- Sustainability Strategy: Albany International's 2025 Sustainability Report emphasizes the company's achievements in sustainability and innovation, indicating its commitment to supporting customers through innovation and building a resilient organization, thereby enhancing market competitiveness.
- Product Sustainability Progress: The company accelerated its work on product sustainability and circularity in 2025, significantly advancing its renewable energy initiatives, which help customers progress on their sustainability journeys and meet evolving goals.
- Transparency and Accountability: Albany International is committed to maintaining transparency, accountability, and open communication, with the report outlining ongoing progress, new areas of opportunity, and future plans to further enhance sustainability performance, thereby boosting investor confidence.
- Global Operations Overview: Headquartered in New Hampshire, Albany International operates 25 facilities and employs approximately 5,700 people, positioning itself as a leader in materials science development and engineered components manufacturing, continuously driving industry innovation and growth.
See More
Albany International Corp. to Attend Key Conferences
- Conference Participation: Albany International Corp. will participate in the Wells Fargo Industrials & Materials Conference on June 10, 2026, in Chicago, where CEO Gunnar Kleveland and CFO Will Station will engage in a fireside chat, highlighting the company's leadership in the industry.
- Webcast Availability: The fireside chat at the Wells Fargo Conference will be accessible via an audio webcast on Albany International's website, with a replay available for 30 days post-event, ensuring that investors and stakeholders can stay informed and enhancing transparency.
- Future Conference Schedule: Albany International will also attend the Truist Industrial & Services Conference in New York City on June 16, 2026, further expanding its influence in the industry and facilitating in-depth discussions with investors.
- Company Background: Albany International is a leading materials science developer with 25 facilities and approximately 5,700 employees, focusing on engineered component manufacturing across various sectors, including paper and aerospace, showcasing strong market competitiveness.
See More
Q1 Performance Analysis of Industrial Machinery Sector
- Albany's Strong Performance: Albany (NYSE:AIN) reported Q1 revenues of $311.3 million, a 7.8% year-over-year increase, exceeding analyst expectations by 10.8%, indicating robust growth potential, with its stock up 11.5% since reporting, currently trading at $64.70.
- L.B. Foster's Impressive Growth: L.B. Foster (NASDAQ:FSTR) achieved Q1 revenues of $121.1 million, a 23.9% year-over-year increase, outperforming analyst expectations by 16.2%, and its stock surged 34% since reporting, now trading at $41.14, reflecting strong demand in transportation and energy infrastructure.
- Icahn Enterprises' Weak Performance: Icahn Enterprises (NASDAQ:IEP) reported Q1 revenues of $2.24 billion, a 19.8% year-over-year increase, but fell short of analyst expectations, leading to a 10.8% decline in stock price, currently at $7.43, highlighting challenges in its diversified investment strategy.
- Kadant's Stable Growth: Kadant (NYSE:KAI) reported Q1 revenues of $281.5 million, a 17.7% year-over-year increase, surpassing analyst expectations by 2.4%, and despite weaker full-year guidance, its stock rose 10.5%, currently trading at $319.12, showcasing stability in the critical components market.
See More
Albany International Declares Quarterly Dividend of $0.28
- Quarterly Dividend Announcement: Albany International has declared a quarterly dividend of $0.28 per share, consistent with previous distributions, indicating stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 1.85% reflects the company's appeal in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Shareholder Record Date: The dividend will be payable on July 7, with a record date of June 5 and an ex-dividend date also on June 5, ensuring that eligible shareholders receive their dividends promptly, thereby strengthening the relationship between the company and its investors.
- Earnings Beat Expectations: Albany International reported a non-GAAP EPS of $0.60 for Q1 2026, exceeding expectations by $0.08, with revenue of $311.3M surpassing estimates by $30.39M, demonstrating the company's strong performance and growth potential in the market.
See More
Albany Engineered Composites Secures Long-Term Contract with Pratt & Whitney
- Contract Award: Albany Engineered Composites (AEC) has secured a long-term contract with Pratt & Whitney to produce composite structural components for the commercial aviation GTF™ engine, marking a significant milestone in AEC's aerospace endeavors.
- Production Capacity Boost: This contract represents AEC's first volume production program with Pratt & Whitney, showcasing the company's ability to deliver high-precision composite structures consistently, which is expected to enhance its competitive position in the market.
- Clear Strategic Goals: AEC's Vice President Jeff Daniel emphasized that the company's strategy is to perform well for Pratt & Whitney and achieve growth, a focus that will drive AEC's further expansion in the aerospace sector.
- Industry-Wide Impact: AEC's composite solutions are set to enhance the performance of next-generation aircraft while improving fuel efficiency and environmental sustainability, aligning with the aerospace industry's increasing emphasis on sustainable practices.
See More
Albany International Advances Plastic Recycling Project with Cyclezyme
- Significant Project Progress: Albany International's collaboration with Cyclezyme AB has made notable advancements in enzyme-based plastic recycling, with Cyclezyme successfully depolymerizing selected material samples, showcasing potential for future circular recycling that meets increasing sustainability demands.
- Technological Innovation Breakthrough: Cyclezyme has developed several nylon-degrading enzymes focused on recycling nylon and polyamide materials, indicating the breadth of its technology platform, which may enable the recycling of various plastics and textiles, enhancing customer performance and recycling potential.
- Growing Market Demand: As customer demand for circular solutions rises, Albany International's project will help meet global sustainability needs in sectors like papermaking and construction materials, thereby enhancing the company's competitive position in the market.
- Future Application Outlook: Albany International and Cyclezyme have initiated discussions regarding the next phase of the project, focusing on scaling the technology for future industrial applications, reflecting the company's strategic emphasis on innovative recycling technologies and their significance in the industry.
See More
Albany International Releases 2025 Sustainability Report Highlighting Innovations
- Sustainability Strategy: Albany International's 2025 Sustainability Report emphasizes the company's achievements in sustainability and innovation, indicating its commitment to supporting customers through innovation and building a resilient organization, thereby enhancing market competitiveness.
- Product Sustainability Progress: The company accelerated its work on product sustainability and circularity in 2025, significantly advancing its renewable energy initiatives, which help customers progress on their sustainability journeys and meet evolving goals.
- Transparency and Accountability: Albany International is committed to maintaining transparency, accountability, and open communication, with the report outlining ongoing progress, new areas of opportunity, and future plans to further enhance sustainability performance, thereby boosting investor confidence.
- Global Operations Overview: Headquartered in New Hampshire, Albany International operates 25 facilities and employs approximately 5,700 people, positioning itself as a leader in materials science development and engineered components manufacturing, continuously driving industry innovation and growth.
See More
Albany International Corp. to Attend Key Conferences
- Conference Participation: Albany International Corp. will participate in the Wells Fargo Industrials & Materials Conference on June 10, 2026, in Chicago, where CEO Gunnar Kleveland and CFO Will Station will engage in a fireside chat, highlighting the company's leadership in the industry.
- Webcast Availability: The fireside chat at the Wells Fargo Conference will be accessible via an audio webcast on Albany International's website, with a replay available for 30 days post-event, ensuring that investors and stakeholders can stay informed and enhancing transparency.
- Future Conference Schedule: Albany International will also attend the Truist Industrial & Services Conference in New York City on June 16, 2026, further expanding its influence in the industry and facilitating in-depth discussions with investors.
- Company Background: Albany International is a leading materials science developer with 25 facilities and approximately 5,700 employees, focusing on engineered component manufacturing across various sectors, including paper and aerospace, showcasing strong market competitiveness.
See More
Q1 Performance Analysis of Industrial Machinery Sector
- Albany's Strong Performance: Albany (NYSE:AIN) reported Q1 revenues of $311.3 million, a 7.8% year-over-year increase, exceeding analyst expectations by 10.8%, indicating robust growth potential, with its stock up 11.5% since reporting, currently trading at $64.70.
- L.B. Foster's Impressive Growth: L.B. Foster (NASDAQ:FSTR) achieved Q1 revenues of $121.1 million, a 23.9% year-over-year increase, outperforming analyst expectations by 16.2%, and its stock surged 34% since reporting, now trading at $41.14, reflecting strong demand in transportation and energy infrastructure.
- Icahn Enterprises' Weak Performance: Icahn Enterprises (NASDAQ:IEP) reported Q1 revenues of $2.24 billion, a 19.8% year-over-year increase, but fell short of analyst expectations, leading to a 10.8% decline in stock price, currently at $7.43, highlighting challenges in its diversified investment strategy.
- Kadant's Stable Growth: Kadant (NYSE:KAI) reported Q1 revenues of $281.5 million, a 17.7% year-over-year increase, surpassing analyst expectations by 2.4%, and despite weaker full-year guidance, its stock rose 10.5%, currently trading at $319.12, showcasing stability in the critical components market.
See More
Albany International Declares Quarterly Dividend of $0.28
- Quarterly Dividend Announcement: Albany International has declared a quarterly dividend of $0.28 per share, consistent with previous distributions, indicating stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 1.85% reflects the company's appeal in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Shareholder Record Date: The dividend will be payable on July 7, with a record date of June 5 and an ex-dividend date also on June 5, ensuring that eligible shareholders receive their dividends promptly, thereby strengthening the relationship between the company and its investors.
- Earnings Beat Expectations: Albany International reported a non-GAAP EPS of $0.60 for Q1 2026, exceeding expectations by $0.08, with revenue of $311.3M surpassing estimates by $30.39M, demonstrating the company's strong performance and growth potential in the market.
See More
Albany Engineered Composites Secures Long-Term Contract with Pratt & Whitney
- Contract Award: Albany Engineered Composites (AEC) has secured a long-term contract with Pratt & Whitney to produce composite structural components for the commercial aviation GTF™ engine, marking a significant milestone in AEC's aerospace endeavors.
- Production Capacity Boost: This contract represents AEC's first volume production program with Pratt & Whitney, showcasing the company's ability to deliver high-precision composite structures consistently, which is expected to enhance its competitive position in the market.
- Clear Strategic Goals: AEC's Vice President Jeff Daniel emphasized that the company's strategy is to perform well for Pratt & Whitney and achieve growth, a focus that will drive AEC's further expansion in the aerospace sector.
- Industry-Wide Impact: AEC's composite solutions are set to enhance the performance of next-generation aircraft while improving fuel efficiency and environmental sustainability, aligning with the aerospace industry's increasing emphasis on sustainable practices.
See More
