Albany International Corp. (AIN) Income Statement
AIN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAIN revenue and net income
Where AIN's revenue goes
2025Each bar shows an amount and its share of revenue. AIN kept −4.8% of revenue as net income.
AIN profit margins
AIN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.9% | +4.6% | +5.6% | +5.2% |
| Gross profit | −39.3% | −14.5% | −8.0% | −1.3% |
| Operating income | −112.3% | — | — | — |
| Net income | −165.4% | — | — | — |
| EPS (diluted) | −16.1% | −11.7% | −6.5% | +4.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AIN quarterly EPS vs estimates
Albany International beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.50).
AIN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.23B | $1.15B | $1.03B | $929.2M | $900.6M | $1.05B | $982.5M | $863.7M | $779.8M |
| Cost of revenue | $938.9M | $828.8M | $724.2M | $645.1M | $550.8M | $529.5M | $656.4M | $632.7M | $567.9M | $479.3M |
| Gross profit | $243.9M | $401.8M | $423.7M | $389.8M | $378.4M | $371.1M | $397.7M | $349.7M | $295.8M | $300.6M |
| Research & development | $48.0M | $46.1M | $40.6M | $39.9M | $38.9M | $35.3M | $37.6M | $40.6M | $41.2M | $40.3M |
| Sales, general & admin | $218.3M | $210.9M | $214.9M | $168.7M | $160.1M | $163.9M | $164.1M | $157.7M | $165.0M | $160.1M |
| Total operating expenses | $260.1M | $270.4M | $255.8M | $208.8M | $200.4M | $205.0M | $204.1M | $196.8M | $206.1M | $200.4M |
| Operating income | −$16.2M | $131.4M | $167.9M | $181.0M | $178.0M | $166.1M | $193.6M | $137.4M | $76.2M | $91.8M |
| Interest income | $5.2M | $4.1M | $6.6M | $14.0M | $14.9M | $13.6M | $2.7M | $2.1M | $1.5M | $2.1M |
| Interest expense | $26.0M | $30.4M | $35.4M | $17.7M | $10.9M | $11.7M | $21.0M | $20.8M | $17.6M | $13.9M |
| Income before taxes | −$61.8M | $117.1M | $160.5M | $132.0M | $165.9M | $139.1M | $178.2M | $115.2M | $54.7M | $78.3M |
| Income taxes | −$4.8M | $29.0M | $48.8M | $35.5M | $47.2M | $41.8M | $44.8M | $32.2M | $24.3M | $25.5M |
| Net income | −$57.3M | $87.6M | $111.1M | $95.8M | $118.5M | $98.6M | $132.4M | $82.9M | $31.0M | $52.7M |
| EBITDA | $52.2M | $223.0M | $257.4M | $218.9M | $257.6M | $228.1M | $268.7M | $215.1M | $144.3M | $159.6M |
| EPS (diluted) | $2.66 | $3.17 | $4.05 | $3.87 | $3.57 | $3.72 | $4.10 | $2.95 | $1.62 | $1.71 |
| Gross margin | 20.6% | 32.6% | 36.9% | 37.7% | 40.7% | 41.2% | 37.7% | 35.6% | 34.2% | 38.5% |
| Operating margin | −1.4% | 10.7% | 14.6% | 17.5% | 19.2% | 18.4% | 18.4% | 14.0% | 8.8% | 11.8% |
| Net margin | −4.8% | 7.1% | 9.7% | 9.3% | 12.7% | 10.9% | 12.6% | 8.4% | 3.6% | 6.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $329.5M | $311.3M | $321.2M | $261.4M | $311.4M | $288.8M | $286.9M | $298.4M | $332.0M | $313.3M | $323.6M | $281.1M |
| Cost of revenue | $221.6M | $211.5M | $221.3M | $311.4M | $213.9M | $192.3M | $196.6M | $208.0M | $219.6M | $204.6M | $203.7M | $179.3M |
| Gross profit | $107.9M | $99.8M | $99.9M | −$49.9M | $97.5M | $96.5M | $90.3M | $90.4M | $112.4M | $108.7M | $119.9M | $101.8M |
| Research & development | $13.0M | $13.0M | $12.1M | $11.5M | $12.6M | $11.9M | $10.7M | $10.8M | $11.9M | $12.7M | $10.3M | $9.7M |
| Sales, general & admin | $56.1M | $59.8M | $54.1M | $51.9M | $58.5M | $54.6M | $48.4M | $52.1M | $55.5M | $55.5M | $67.7M | $52.0M |
| Total operating expenses | $75.8M | $71.3M | $66.2M | $63.4M | $71.1M | $68.2M | $66.0M | $65.2M | $69.5M | $69.7M | $78.1M | $61.8M |
| Operating income | $32.1M | $28.5M | $33.7M | −$113.3M | $26.5M | $28.3M | $24.3M | $25.2M | $42.9M | $39.0M | $41.8M | $40.1M |
| Interest income | — | — | $6.7M | $4.7M | $10.1M | $3.0M | $1.1M | $3.8M | — | — | — | $4.2M |
| Interest expense | $6.1M | $5.5M | $6.8M | $7.1M | $6.6M | $3.7M | $7.9M | $2.4M | $3.0M | $3.3M | $9.6M | $9.5M |
| Income before taxes | $26.0M | $23.1M | $23.1M | −$122.1M | $13.6M | $23.6M | $24.6M | $19.5M | $34.3M | $38.6M | $39.5M | $36.4M |
| Income taxes | $8.3M | $7.7M | $9.1M | −$24.4M | $4.3M | $6.3M | $6.9M | $1.3M | $9.6M | $11.3M | $8.9M | $9.2M |
| Net income | $17.4M | $15.3M | $13.9M | −$97.8M | $9.2M | $17.4M | $17.7M | $18.0M | $24.6M | $27.3M | $30.4M | $27.1M |
| EBITDA | $49.1M | $45.7M | $52.3M | −$92.6M | $42.0M | $51.2M | $54.9M | $44.2M | $67.4M | $62.8M | $71.6M | $59.5M |
| EPS (diluted) | $0.82 | $0.60 | $0.65 | $0.71 | $0.57 | $0.73 | $0.58 | $0.80 | $0.89 | $0.90 | $1.22 | $1.02 |
| Gross margin | 32.7% | 32.1% | 31.1% | −19.1% | 31.3% | 33.4% | 31.5% | 30.3% | 33.9% | 34.7% | 37.0% | 36.2% |
| Operating margin | 9.8% | 9.2% | 10.5% | −43.3% | 8.5% | 9.8% | 8.5% | 8.4% | 12.9% | 12.4% | 12.9% | 14.3% |
| Net margin | 5.3% | 4.9% | 4.3% | −37.4% | 2.9% | 6.0% | 6.2% | 6.0% | 7.4% | 8.7% | 9.4% | 9.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AIN's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AIN financial results
In fiscal year 2025 (ended December 31, 2025), Albany International reported revenue of $1.2 billion, down 3.9% from the year before. It had a net loss of $57.3 million, a net profit margin of −4.8%. Diluted earnings per share came to $2.66. Over five years revenue grew at an average rate of 5.6% a year.
See the AIN stock overview for the latest quote and news, or the AIN chart for price history and technical indicators.
AIN income statement FAQ
What is Albany International's annual revenue?
Albany International reported total revenue of $1.2 billion for fiscal year 2025, which ended on December 31, 2025. That was down 3.9% from $1.2 billion the previous year.
Is Albany International profitable?
No. Albany International reported a net loss of $57.3 million in fiscal 2025, a net profit margin of −4.8%; its operating margin was −1.4%.
What is Albany International's gross margin?
Albany International's gross margin was 20.6% in fiscal 2025: for every $100 of revenue, Albany International kept $21 after the direct cost of its products and services.
How much does Albany International spend on research and development?
Albany International spent $48.0 million on research and development in fiscal 2025, 4.1% of revenue.
How fast is Albany International growing?
Revenue grew 5.6% a year on average over the last five fiscal years, from $900.6 million to $1.2 billion.
What are Albany International's earnings per share?
Albany International earned $2.66 per diluted share in fiscal 2025, compared with $3.17 a year earlier.
When will Albany International report its next earnings?
Albany International is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Albany International's fiscal year end?
Albany International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.