Earnings ·
Albany International Corp. reported second-quarter 2026 financial results with net revenue of $329.5 million, a 6%…
AINAlbany International Corp
Albany International Corp. reported second-quarter 2026 financial results with net revenue of $329.5 million, a 6% increase from the prior year period. Net income attributable to the Company rose 90% to $17.4 million, or diluted earnings per share of $0.61. Adjusted EBITDA increased 11% to $57.8 million, and adjusted diluted EPS grew 45% to $0.82. The company paid $7.9 million in dividends during the quarter. Management provided third-quarter 2026 guidance projecting consolidated net revenue between $320 million and $330 million and adjusted EPS between $0.60 and $0.70. Albany International Corp. operates in the aerospace, defense, and industrial manufacturing sectors, producing engineered composites and machine clothing.