Albany International Q2 net income rises 90% to $17.4 million on 6% higher sales
Albany International reported second-quarter 2026 net revenue of $329.5 million, up 6% from $311.4 million a year earlier, and net income attributable to the Company of $17.4 million, or $0.61 per diluted share, compared with $9.2 million, or $0.31, in Q2 2025. The company also gave a third-quarter 2026 outlook calling for consolidated net revenue of $320 million to $330 million and adjusted EPS of $0.60 to $0.70.
Key points
- Net revenue was $329.5 million, up 6% from $311.4 million; Engineered Composites revenue rose 14.2% after currency adjustment, while Machine Clothing fell 2.4%.
- Net income attributable to the Company was $17.4 million, or $0.61 per diluted share, versus $9.2 million, or $0.31, in Q2 2025.
- Adjusted EBITDA was $57.8 million, up 11.5%, and adjusted EPS was $0.82 versus $0.57 a year earlier.
- Q3 2026 outlook: consolidated net revenue of $320 million to $330 million and adjusted EPS of $0.60 to $0.70.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.