Albany International Corp. reported operating results for its full year and for its fourth quarter of 2025, which ended December 31, 2025.
The Company’s net revenues were $321.2 million in the fourth quarter of 2025, compared to $286.9 million in the prior year, or $314.6 million on a same currency basis. The increase was primarily driven by higher volume in the Engineered Composites business.
Gross profit of $99.9 million in the fourth quarter of 2025 was 10.6% higher than $90.3 million reported for the same period of 2024, as a result of strong sales in the Engineered Composites business. Selling, general, and administrative expenses were $54.1 million in the fourth quarter of 2025, compared to $48.4 million in the same period of 2024.
Operating income was $29.9 million, compared to $24.3 million in the prior year, an increase of 22.9%.
In Engineered Composites business, AEC's net revenues increased 43.1% after adjusting for currency translation, driven by strength across commercial and defense programs, most notably on the commercial side of AEC within the LEAP program, and on the defense side under the F-35 and missile programs.
Adjusted EBITDA margin was 12.9%, compared to 6.1% in the fourth quarter of 2024. This strong improvement highlights the underlying strength and resilience of the business as AEC continues to ramp-up production across key platforms while focusing on profitable growth.