Earnings summaries and quarterly performance for ALBANY INTERNATIONAL CORP /DE/.
Executive leadership at ALBANY INTERNATIONAL CORP /DE/.
Gunnar Kleveland
Detailed
President and Chief Executive Officer
CEO
CS
Chris Stone
Detailed
President, Albany Engineered Composites
JG
Joseph Gaug
Detailed
Senior Vice President, General Counsel & Secretary
MS
Merle Stein
Detailed
President, Machine Clothing
SV
Sean Valashinas
Detailed
Vice President, Controller and Principal Accounting Officer
WS
Willard Station
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at ALBANY INTERNATIONAL CORP /DE/.
Research analysts who have asked questions during ALBANY INTERNATIONAL CORP /DE/ earnings calls.
Michael Ciarmoli
Truist Securities, Inc.
4 questions for AIN
Also covers: AIR, ASLE, ATRO +20 more
PA
Peter Arment
Robert W. Baird & Co.
4 questions for AIN
Also covers: AVAV, BA, BWXT +20 more
Chigusa Katoku
JPMorgan Chase & Co.
3 questions for AIN
Also covers: EMR
JL
Jordan Lyonnais
Bank of America
3 questions for AIN
Also covers: AXON, CAE, CDRE +10 more
AP
Alexander Preston
Bank of America Merrill Lynch
1 question for AIN
Also covers: BWXT, DRS, HXL +2 more
JA
Jack Ayers
TD Cowen
1 question for AIN
Also covers: HXL
ST
Steve Tusa
JPMorgan Chase & Co.
1 question for AIN
Also covers: ALTR, CARR, DD +15 more
Recent press releases and 8-K filings for AIN.
Albany International Achieves CMMC Level 2 Certification
AIN
New Projects/Investments
- Albany International Corp. (AIN) has achieved the U.S. Department of War (DoW) Cybersecurity Maturity Model Certification (CMMC) Level 2 certification for its Albany Engineered Composites (AEC) business segment.
- This certification is crucial for national security, ensuring defense contractors can safeguard sensitive data from cyber threats.
- AEC is among the first one percent of the estimated 80,000 DoW suppliers required to achieve CMMC Level 2 certification.
- This early certification positions AEC as an approved, strategic supplier for critical next-generation military programs, including fixed-wing, hypersonic, missile, and rotorcraft.
- The CMMC Level 2 is a prerequisite for companies working on a wide range of defense programs with the DoW, requiring adherence to 110 security practices aligned with NIST Special Publication 800-171.
Dec 22, 2025, 2:00 PM
Albany International Corp. Provides Update on Potential Sale of Amelia Earhart Drive Facility
AIN
M&A
Guidance Update
- Albany International Corp. is exploring strategic alternatives, including a potential sale, for its structures assembly business at the Amelia Earhart Drive Facility (AED Facility) in Salt Lake City.
- The company is in the process of selecting a financial advisor and developing financial models for the AED Facility, with interest to date primarily from private equity investors.
- If a divestiture of the AED Facility is completed, the company expects the Adjusted EBITDA margin for the Albany Engineered Composites business segment to be in the mid to high teens.
- This information was disclosed to satisfy Regulation FD obligations following an inadvertent selective disclosure during a meeting with a research analyst on November 25, 2025.
Dec 5, 2025, 2:00 PM
Albany International Announces Q3 2025 Results and Strategic Review
AIN
Earnings
Guidance Update
New Projects/Investments
- Albany International announced a strategic review of its structures assembly business, including the potential sale of its Salt Lake City facility, and recognized a $147 million loss reserve for the CH-53K program over the next eight years.
- The company also reached a definitive agreement to complete its current contract with Gulfstream by the end of 2025, with these actions aimed at de-risking the remaining portfolio and focusing on core competencies.
- For Q3 2025, the company reported revenue of $261.4 million, a GAAP net loss of $97.8 million ($3.37 per diluted share), and adjusted EBITDA of $56.2 million.
- Albany International is withdrawing its full-year 2025 guidance due to the ongoing strategic review and anticipates Q3 underlying trends to continue into Q4.
- During the quarter, the company repurchased $50.5 million of common stock.
Nov 6, 2025, 2:00 PM
Albany International Reports Q3 2025 Results, Initiates Strategic Review, and Withdraws Guidance
AIN
Earnings
Guidance Update
New Projects/Investments
- Albany International reported Q3 2025 revenue of $261.4 million, a decrease from $298.4 million in Q3 2024, which included an unfavorable $46.0 million impact related to CH-53K program adjustments.
- The company posted a GAAP net loss of $97.8 million, or $3.37 per diluted share, in Q3 2025, primarily due to $147.3 million in pre-tax loss reserve and program adjustments on the CH-53K program.
- Excluding the CH-53K program adjustments, adjusted net income was $20.6 million, or $0.71 per diluted share, and adjusted EBITDA was $56.2 million in Q3 2025.
- Albany International initiated a strategic review of its structures assembly business and reached a definitive agreement to conclude the Gulfstream contract to increase focus on differentiated advanced composite technologies.
- The company repurchased $50.5 million of common stock and paid $8.0 million in dividends during Q3 2025, but withdrew its full-year guidance due to the ongoing strategic review.
Nov 5, 2025, 9:30 PM
Albany International reports Q3 2025 results and initiates strategic review
AIN
Earnings
Guidance Update
Share Buyback
- Albany International reported Q3 2025 revenue of $261.4 million, a decrease from $298.4 million in Q3 2024, primarily due to an unfavorable $46.0 million impact from CH-53K loss reserve and program adjustments.
- The company recorded a GAAP net loss of $97.8 million, or $3.37 per diluted share, in Q3 2025, which included a $147.3 million pre-tax loss reserve and program adjustments on the CH-53K program.
- Adjusted net income for Q3 2025 was $20.6 million, or $0.71 per diluted share, and adjusted EBITDA was $56.2 million.
- Albany International initiated a strategic review of its structures assembly business and consequently withdrew its full-year 2025 guidance.
- In Q3 2025, the company repurchased $50.5 million of common stock and paid $8.0 million in dividends.
Nov 5, 2025, 9:30 PM
Albany International Explores Sale of Structures Assembly Unit Amidst CH-53K Contract Losses
AIN
Profit Warning
M&A
New Projects/Investments
- Albany International Corp. is exploring strategic alternatives, including a potential sale, for its structures assembly business at its Salt Lake City facility.
- The company expects to incur a loss reserve adjustment of approximately $147 million in the third quarter of 2025 due to higher labor costs and material inflation related to the CH-53K helicopter contract, which management states is not profitable as originally bid.
- This assembly business, part of the Albany Engineered Composites segment, generated approximately $130 million in revenue over the trailing twelve months ending September 30, 2025.
- Exiting this business would allow Albany International to focus on higher-margin, advanced technology component opportunities and enhance long-term profitability.
Oct 28, 2025, 1:11 PM
Albany International Reviews Strategic Alternatives for Structures Assembly Business and Announces Loss Reserve Adjustment
AIN
Profit Warning
New Projects/Investments
Guidance Update
- Albany International Corp. is initiating a review of strategic alternatives for its structures assembly business, including a potential sale of all or part of the business.
- The company expects to recognize an approximately $147 million loss reserve adjustment in the third quarter of 2025, primarily due to higher labor and material costs associated with the CH-53K contract.
- This adjustment represents the full anticipated loss over the remaining eight-year life of the CH-53K program, as profitability is not achievable under the current contract terms.
- The structures assembly program, operated out of the Amelia Earhart Drive facility, is the only one of its kind within the Albany Engineered Composites (AEC) business segment, and the site generated approximately $130 million of revenue for the trailing twelve months ended September 30, 2025.
- The company plans to release its third-quarter 2025 results on November 5, 2025.
Oct 28, 2025, 12:30 PM
Quarterly earnings call transcripts for ALBANY INTERNATIONAL CORP /DE/.
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