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Albany International Inc. AIN Machine Clothing — Restructuring expenses, net
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Where this comes from
Reported directly by Albany International Inc. in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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) | MC | AEC | Corporate | Total |
|---|---|---|---|---|
| Net revenues | $165,952 | $145,381 | — | $311,333 |
| Cost of goods sold | 90,890 | 120,649 | — | 211,539 |
| Gross profit | 75,062 | 24,732 | — | 99,794 |
| Selling, general and administrative expenses | 33,249 | 11,586 | 13,464 | 58,299 |
| Technical and research expenses | 7,185 | 4,548 | 1,224 | 12,957 |
| Restructuring expenses, net | 2,676 | — | 489 | 3,165 |
| Operating income/(loss) | $31,952 | $8,598 | $(15,177) | $25,373 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Albany International Inc.'s machine clothing — restructuring expenses, net?
- Albany International Inc. (AIN) reported machine clothing — restructuring expenses, net of $2.68M in Q1 2026.
- How has Albany International Inc.'s machine clothing — restructuring expenses, net changed year-over-year?
- Albany International Inc.'s machine clothing — restructuring expenses, net decreased by 13.7% year-over-year, from $3.1M to $2.68M.
- What is the long-term trend for Albany International Inc.'s machine clothing — restructuring expenses, net?
- Over 3 years (2021 to 2025), Albany International Inc.'s machine clothing — restructuring expenses, net has grown at a 103.3% compound annual growth rate (CAGR), from $1.2M to $10.09M.
- What does machine clothing — restructuring expenses, net mean?
- Represents the net costs associated with organizational changes, facility consolidations, or workforce adjustments within the machine clothing segment. These expenses are typically non-recurring and provide insight into the company's efforts to optimize its cost structure and operational footprint.
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