Albany International Corp (AIN) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Albany International published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Albany International reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Q3 2026 revenue includes about $11.6 million of positive program adjustments from the renegotiation of the CH-53K contract. Q3 2025 included a $147.3 million unfavorable CH-53K adjustment.
• Albany revised its prior-period non-GAAP results to include the Q3 2025 CH-53K contract reserve adjustment in operating results, so the year-ago Adjusted EPS of $(3.29) is on that basis.

Source: Albany International Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Albany International splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Albany International's Machine Clothing revenue was $170 million in Q3 2026, down 3% from $175 million in Q3 2025, 49% of total revenue.
• Albany International's Albany Engineered Composites revenue was $180 million in Q3 2026, up 108% from $86.5 million in Q3 2025, 51% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Albany International said:

“Consolidated net revenue between $325 million and $335 million”

“Machine Clothing net revenue between $170 million and $175 million”

“Engineered Composites net revenue between $155 million and $160 million”

“Adjusted EPS between $0.65 and $0.75”

Source: Albany International Q3 2026 release, Oct 28, 2026.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the AIN forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenues and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Albany International's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 28, 2026

Albany International reports two segments, and in Q3 2026 Albany Engineered Composites was the larger: $179.7 million of the $349.5 million total, against $169.8 million from Machine Clothing. A year earlier Machine Clothing brought in $175.0 million and Engineered Composites $86.5 million. (Albany International Q3 2026 release, Oct 28, 2026)

Albany Engineered Composites' net revenues rose 107.0% after adjusting for currency translation. Albany credited commercial and defense programs, most notably LEAP on the commercial side and the CH-53K and missile programs on the defense side. Revenue also included about $11.6 million of positive program adjustments from the renegotiation of the CH-53K contract. (Albany International Q3 2026 release, Oct 28, 2026)

SAFRAN Group is the segment's largest aerospace customer. Sales to SAFRAN, mostly fan blades and cases for CFM International's LEAP engine (used on the Airbus A320neo, A321neo, Boeing 737 MAX and COMAC C919), were $53.8 million in Q3 2026 against $46.4 million a year earlier. Through Albany Safran Composites, in which SAFRAN owns a 10 percent noncontrolling interest, Albany is the exclusive supplier of composite fan blades and fan cases to LEAP. In 2025 about 35% of the segment's net revenues were related to U.S. government contracts or programs. (Albany International Form 10-Q, Q3 2026, Oct 29, 2026)

Machine Clothing makes custom-designed fabrics and process belts used to manufacture paper, paperboard, tissue and towel, and pulp, and was 59.9% of Albany's revenue in 2025. In Q3 2026 its net revenues fell 3.0% after adjusting for currency translation, which Albany put down mainly to cyclical declines in the Americas. Its adjusted EBITDA margin fell to 27.2% from 31.0% on volume and geographic mix. (Albany International Q3 2026 release, Oct 28, 2026; Albany International Form 10-K, 2025, Feb 27, 2026)

In Q3 2026 Albany concluded the strategic review of its Amelia Earhart Drive facility in Salt Lake City and dropped the planned sale, after new business wins, a renegotiated contract for the Boeing 787 program and amended CH-53K terms with Sikorsky. The facility's assets and liabilities moved back from held for sale, and Albany resumed depreciation and amortization, including catch-up on expense not recorded earlier in the year. (Albany International Form 10-Q, Q3 2026, Oct 29, 2026)

Albany International earned GAAP diluted EPS of $1.46 in Q3 2026, against a loss of $3.37 per share a year earlier. Adjusted EPS was $1.68. To get there Albany added back $0.19 per share of restructuring costs and $0.09 of strategic review and other transition expenses, and took out $0.06 of foreign currency revaluation gains. (Albany International Q3 2026 release, Oct 28, 2026)

The CH-53K program drove the swing. Albany puts the Q3 2026 Amelia Earhart Drive adjustments at $0.88 of diluted EPS, including a $44.4 million CH-53K impact offset by $11.0 million of catch-up depreciation and amortization. In Q3 2025 the same program cut diluted EPS by $4.00, when Albany recorded a $147.3 million unfavorable adjustment for cost increases. (Albany International Q3 2026 release, Oct 28, 2026)

The effective tax rate was 24.9%, against a 20.0% effective tax benefit in Q3 2025. Diluted shares were 28.6 million, down from 29.0 million. Albany bought back no shares in the first nine months of 2026; in the same period of 2025 it spent $171.0 million on repurchases. It paid $7.9 million in dividends in the quarter. (Albany International Q3 2026 release, Oct 28, 2026; Albany International Form 10-Q, Q3 2026, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Albany International publishes a numeric outlook for the next quarter in its release. Its revised Q4 2026 outlook is consolidated net revenue between $325 million and $335 million, Machine Clothing net revenue between $170 million and $175 million, Engineered Composites net revenue between $155 million and $160 million, and Adjusted EPS between $0.65 and $0.75. (Albany International Q3 2026 release, Oct 28, 2026)

Albany also cut its fourth-quarter effective tax rate estimate to 29.5% from 31.5%, and said it will update investors at an investor day in December. (Albany International Q3 2026 release, Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover Albany International, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Albany International's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning AIN is on is AIN a buy or a sell?, what analysts expect next is on the AIN forecast, and what the company does is on the Albany International Corp (AIN) stock page.

Every number on this page can be traced to a document Albany International published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.