Albany International Q2 FY26 net income more than doubled to USD 17.4 million; net revenues rise 5.8% to USD 329.5 million

Reuters2026/08/04 11:31

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Albany International posted Q2 2026 net revenues of USD 329.5 million, up 5.8% year over year, while operating income climbed 44.3% to USD 32.1 million.
Net income attributable to the Company rose to USD 17.4 million, or USD 0.61 per diluted share, from USD 9.2 million, or USD 0.31.
Adjusted EBITDA increased 11.5% to USD 57.8 million, lifting adjusted EBITDA margin to 17.6% from 16.7%.
Engineered Composites net revenues increased 14.2% year over year, while Machine Clothing declined 2.4% on equipment-failure downtime and end-market softness.
Albany forecast Q3 net revenue of USD 320 million-USD 330 million, adjusted EPS of USD 0.60-USD 0.70, with a 31.5% effective tax rate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Albany International Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260804510537) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Albany International Q2 FY26 net income more than doubled to USD 17.4 million; net revenues rise 5.8% to USD 329.5 million

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