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Albany International Inc. AIN Machine Clothing — Cost of goods sold

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Other financials

Income statement

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Revenue$311.3M+7.8%
Gross profit$99.8M+3.4%
Operating income$25.4M-10.2%
Net income$15.3M-12.0%
EPS (diluted)$0.54-3.6%

Balance sheet

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Cash & equivalents$122.6M+2.7%
Total debt$476.5M+14.4%
Total equity$729.4M-19.0%
Total assets$1.7B+2.9%

Cash flow

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Operating cash flow$5.6M+166%
CapEx$9.3M-40.4%
Free cash flow-$3.6M+72.9%

Valuation

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Market cap$1.73B-3.6%
Enterprise value$2.08B-2.3%
P/S1.4×-0.1×

Profitability

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Gross margin20.5%-11.8pp
Operating margin-3.6%-15.4pp
Net margin-4.7%-12.6pp
FCF margin7.7%-4.1pp

Returns & leverage

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Return on equity-6.2%-16.7pp
Debt / equity0.7×+0.2×
Current ratio2.2×-1.5×

Where this comes from

Reported directly by Albany International Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Albany International Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028744
(in thousands)MCAECCorporateTotal
Net revenues$165,952$145,381$311,333
Cost of goods sold90,890120,649211,539
Gross profit75,06224,73299,794
Selling, general and administrative expenses33,24911,58613,46458,299
Technical and research expenses7,1854,5481,22412,957
Restructuring expenses, net2,6764893,165
Operating income/(loss)$31,952$8,598$(15,177)$25,373

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Albany International Inc.'s machine clothing — cost of goods sold?
Albany International Inc. (AIN) reported machine clothing — cost of goods sold of $90.89M in Q1 2026.
How has Albany International Inc.'s machine clothing — cost of goods sold changed year-over-year?
Albany International Inc.'s machine clothing — cost of goods sold decreased by 4.1% year-over-year, from $94.8M to $90.89M.
What is the long-term trend for Albany International Inc.'s machine clothing — cost of goods sold?
Over 3 years (2022 to 2025), Albany International Inc.'s machine clothing — cost of goods sold has grown at a 9.0% compound annual growth rate (CAGR), from $297.18M to $384.33M.
What does machine clothing — cost of goods sold mean?
Includes the direct costs attributable to the production of machine clothing products, such as raw materials, direct labor, and manufacturing overhead. Monitoring this metric helps assess the direct production efficiency and the impact of input cost fluctuations on the segment's margins.

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