Welcome to our dedicated page for Albany Intl SEC filings (Ticker: AIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Albany International Corp. (NYSE: AIN) SEC filings page on Stock Titan provides access to the company’s U.S. Securities and Exchange Commission disclosures, along with AI-powered summaries to help interpret complex documents. Albany International is a developer and manufacturer of engineered components with two core businesses, Machine Clothing and Albany Engineered Composites, serving paper, industrial, aerospace and defense markets.
In its annual reports on Form 10‑K and quarterly reports on Form 10‑Q, Albany International presents consolidated and segment financial statements, including revenues, gross profit, adjusted EBITDA and other metrics for Machine Clothing and Albany Engineered Composites. These filings also describe key programs, regional demand trends in paper and non-wovens markets, and exposure to aerospace platforms such as LEAP, F‑35, JASSM, LRASM and CH‑53K.
Current reports on Form 8‑K document material events, such as the initiation of a strategic review of the structures assembly business and the Salt Lake City production site, recognition of a loss reserve adjustment on the CH‑53K program, headquarters relocation to Portsmouth, New Hampshire, and quarterly earnings announcements. Non‑GAAP measures like Adjusted EBITDA and Adjusted EBITDA margin are explained in these filings, together with management’s rationale for using them.
Investors can also review proxy materials and other governance-related filings for information on board oversight, compensation policies and shareholder matters, as they become available, and Form 4 insider transaction reports to track purchases and sales of Albany International securities by directors and officers.
Stock Titan’s tools surface real-time updates from EDGAR and apply AI to highlight important points in lengthy filings, such as segment performance drivers, program-specific impacts, capital allocation decisions, and risk disclosures. This helps users quickly understand how Albany International’s regulatory reporting reflects developments in its Machine Clothing and Albany Engineered Composites segments and its broader strategic direction.
Albany International reported first-quarter 2026 net revenues of $311.3 million, up 7.8% from $288.8 million a year earlier, driven mainly by strong growth in the Albany Engineered Composites (AEC) segment.
Gross profit rose to $99.8 million, but gross margin slipped to 32.1% from 33.4% as product mix and higher production costs weighed on Machine Clothing (MC). MC revenue fell 5.0% to $166.0 million, and its operating margin narrowed to 19.3%.
AEC revenue increased 27.4% to $145.4 million, with gross margin improving to 17.0% and operating income climbing to $8.6 million from $1.6 million on higher volumes and better program performance. Company net income attributable to shareholders was $15.3 million versus $17.4 million, with diluted EPS at $0.54 compared with $0.56, partly reflecting a higher effective tax rate of 33.1%.
Operating cash flow improved to $5.6 million from $2.1 million on better working capital, while capital spending was $9.3 million. Cash and cash equivalents were $122.6 million and long-term debt under the revolving credit facility was $476.5 million, leaving significant available liquidity. The company continues a strategic review of its Salt Lake City Amelia Earhart Drive facility, which remains classified as held for sale.
Albany International reported mixed first-quarter 2026 results. Net revenue rose to $311.3 million from $288.8 million in Q1 2025, driven mainly by strong growth in the Albany Engineered Composites business, partially offset by softer Machine Clothing demand in Asia and equipment-related downtime.
Gross profit increased to $99.8 million, but higher selling, general and administrative expenses and a higher effective tax rate reduced profitability. Net income attributable to the company fell to $15.3 million, with diluted EPS of $0.54 versus $0.56 a year earlier. Adjusted EBITDA declined to $48.2 million and adjusted EPS to $0.60, reflecting lower Machine Clothing volume and zero-margin CH-53K AFT program revenue.
The company paid $7.9 million in dividends and invested $9.3 million in capital, ending the quarter with cash of $122.6 million and total debt of $476.5 million, for net debt of $354.0 million. For Q2 2026, Albany guides consolidated revenue between $335–$345 million and adjusted EPS of $0.70–$0.80.
Albany International Corp ownership update: Vanguard Capital Management reports beneficial ownership of 1,502,060 shares of Common Stock, representing 5.30% of the class as of 03/31/2026. The filing states sole voting power for 214,289 shares and sole dispositive power for 1,502,060 shares; holdings reflect assets managed across Vanguard affiliates.
Albany International Corp ownership disclosure: Vanguard Portfolio Management reports beneficial ownership of 1,792,767 shares of Common Stock, equal to 6.33% of the class as of 03/31/2026. The filing shows sole voting power for 15,292 shares and sole dispositive power for 1,792,767 shares. Vanguard states this holding reflects securities managed across Vanguard Portfolio Management LLC and affiliated investment advisory divisions and includes shares held for Vanguard funds and client accounts.
Albany International Corp. has issued its definitive proxy for the 2026 virtual annual meeting, where stockholders will elect eight directors, ratify KPMG as auditor, and cast an advisory vote on executive pay.
The company reported 2025 net sales of $1,182.8 million, an operating loss of $36.1 million, and a net loss attributable to the company of $57.3 million, or basic and diluted EPS of -$1.94. The Board highlights a separated Chair/CEO structure, 7 of 8 independent nominees, fully independent key committees, and strong meeting attendance. The proxy also details a pay-for-performance program using cash bonuses and stock-based awards, revised long-term metrics, and robust sustainability and risk-oversight practices.
The Vanguard Group filed Amendment No. 16 to a Schedule 13G/A reporting 0 shares and 0% beneficial ownership of Albany International Corp common stock. The filing states Vanguard disaggregated certain subsidiaries after an internal realignment on January 12, 2026, in reliance on SEC Release No. 34-39538. The submission is signed by Ashley Grim, Head of Global Fund Administration, dated March 26, 2026.
Albany International Corp. President MC Merle A. Stein reported multiple equity-related transactions. Several Phantom Stock Units vested and were settled in cash, and a footnote clarifies these were deemed acquisitions and dispositions with no actual shares issued or disposed of.
Restricted Stock Units granted on September 1, 2024 and February 21, 2025 vested into Class A Common Stock. To cover related tax liabilities, 656 shares of Class A Common Stock were withheld at $57.6500 per share and delivered to the issuer.
Footnotes detail additional Phantom Stock Unit and Restricted Stock Unit grant schedules extending through March 1, 2029. As of February 27, 2026, Stein directly held 4,996 Restricted Stock Units and 509 shares of Class A Common Stock.
Albany International senior vice president and CTO Robert Alan Hansen reported a series of compensation-related transactions involving phantom stock units and restricted stock units tied to Class A common stock. Several blocks of phantom stock units, including 827, 644, 760 and 569 units, automatically vested and were settled in cash, and footnotes clarify that no actual shares were issued or disposed of for those awards.
On the equity side, 377 restricted stock units granted on February 21, 2025 vested into 377 shares of Class A common stock, with 128 shares withheld at a price of $57.65 to cover tax liabilities. Following these transactions, Hansen directly held 8,596 shares of Class A common stock as of February 27, 2026.
Albany International Corp. VP-General Counsel & Secretary Joseph M. Gaug reported multiple equity compensation transactions. On March 1, 2026, he exercised restricted stock units into Class A Common Stock in several lots of 717, 905, and 1,067 shares, following earlier RSU grants from 2023–2025 incentive plans. He also received a separate award of 2,155 Class A shares on February 27, 2026. In connection with these vestings and awards, 1,849 Class A shares were withheld at $57.65 per share to cover tax liabilities, rather than being sold on the open market.
Albany International chief human resources officer Suzanne K. Purdum reported equity award activity involving restricted stock units and Class A common stock. On March 1, 2026, she acquired Class A shares through the exercise or conversion of multiple restricted stock unit awards at a stated price of $0.00 per share.
In a related tax-withholding transaction coded "F," 716 Class A shares were disposed of at $57.65 per share to cover tax liabilities tied to these vestings. After these movements, she directly held 2,910 Class A shares. Footnotes describe additional restricted stock units under the 2023 Plan scheduled to vest in installments from 2025 through 2029.