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Albany International Inc. AIN Machine Clothing — Technical and research expenses

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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 ain:TechnicalAndResearchExpenses.

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 — technical and research expenses?
Albany International Inc. (AIN) reported machine clothing — technical and research expenses of $7.19M in Q1 2026.
How has Albany International Inc.'s machine clothing — technical and research expenses changed year-over-year?
Albany International Inc.'s machine clothing — technical and research expenses decreased by 0.8% year-over-year, from $7.24M to $7.19M.
What is the long-term trend for Albany International Inc.'s machine clothing — technical and research expenses?
Over 3 years (2022 to 2025), Albany International Inc.'s machine clothing — technical and research expenses has grown at a 4.5% compound annual growth rate (CAGR), from $24.59M to $28.09M.
What does machine clothing — technical and research expenses mean?
Reflects the investment in research, development, and technical support specifically dedicated to advancing machine clothing product technology. High levels of investment here indicate a strategic focus on innovation and maintaining a competitive advantage in specialized textile applications.

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