earnings
confidence high
sentiment positive
materiality 0.75
Albany International Q2 2026: Revenue $329.5M (+6%), Adj. EPS $0.82 (+45%), guides Q3
ALBANY INTERNATIONAL CORP /DE/
- Net income $17.4M ($0.61 diluted EPS) vs $9.2M ($0.31) a year ago; Adjusted EPS $0.82 vs $0.57.
- Engineered Composites revenue up 14.2% constant currency; Machine Clothing down 2.4% constant currency.
- Adjusted EBITDA $57.8M (17.6% margin) vs $51.9M (16.7%) in Q2 2025, up 11.5%.
- Q3 2026 guidance: revenue $320-330M, Adjusted EPS $0.60-0.70, effective tax rate 31.5%.
- Paid $7.9M in dividends; net debt $373.3M; capex $11.9M in the quarter.