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Albany International Inc. AIN Provision/(recovery) for credit losses from uncollected receivables and contract assets

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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$2.04B-30.7%
Enterprise value$2.39B-24.6%
P/S1.7×-0.7×

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:AccountsReceivableAllowanceForCreditLossAndContractWithCustomerAssetAllowanceForCreditLoss.

The official record: Albany International Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Albany International Inc.'s provision/(recovery) for credit losses from uncollected receivables and contract assets?
Albany International Inc. (AIN) reported provision/(recovery) for credit losses from uncollected receivables and contract assets of -$207K in Q1 2026.
How has Albany International Inc.'s provision/(recovery) for credit losses from uncollected receivables and contract assets changed year-over-year?
Albany International Inc.'s provision/(recovery) for credit losses from uncollected receivables and contract assets decreased by 177.0% year-over-year, from $269K to -$207K.
What is the long-term trend for Albany International Inc.'s provision/(recovery) for credit losses from uncollected receivables and contract assets?
Over 4 years (2021 to 2025), Albany International Inc.'s provision/(recovery) for credit losses from uncollected receivables and contract assets has grown at a -42.8% compound annual growth rate (CAGR), from -$1.3M to -$139K.
What does provision/(recovery) for credit losses from uncollected receivables and contract assets mean?
This metric tracks the non-cash expense or recovery related to the estimated uncollectibility of trade receivables and contract assets. It provides insight into the credit quality of the company's customer base and the effectiveness of its credit risk management policies. An increase in this provision often signals deteriorating customer financial health or potential collection challenges.