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Side-by-side financial comparison of ALBANY INTERNATIONAL CORP (AIN) and ITRON, INC. (ITRI). Click either name above to swap in a different company.

ITRON, INC. is the larger business by last-quarter revenue ($587.0M vs $321.2M, roughly 1.8× ALBANY INTERNATIONAL CORP). ITRON, INC. runs the higher net margin — 9.1% vs 4.3%, a 4.8% gap on every dollar of revenue. On growth, ALBANY INTERNATIONAL CORP posted the faster year-over-year revenue change (12.0% vs -3.3%). ITRON, INC. produced more free cash flow last quarter ($79.0M vs $51.4M). Over the past eight quarters, ALBANY INTERNATIONAL CORP's revenue compounded faster (1.2% CAGR vs -1.8%).

Albany International Corp is a global advanced materials and industrial technology company. It operates two core segments: Machine Clothing producing custom engineered fabrics for paper and other industrial manufacturing processes, and Engineered Composites developing high-performance composite components primarily for the aerospace and defense sectors, serving customers across North America, Europe, Asia and other global regions.

Itron, Inc. is an American technology company that offers products and services for energy and water resource management. It is headquartered in Liberty Lake, Washington, United States. The company's products measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology, communications systems, software, as well as managed and consulting services.

AIN vs ITRI — Head-to-Head

Bigger by revenue
ITRI
ITRI
1.8× larger
ITRI
$587.0M
$321.2M
AIN
Growing faster (revenue YoY)
AIN
AIN
+15.3% gap
AIN
12.0%
-3.3%
ITRI
Higher net margin
ITRI
ITRI
4.8% more per $
ITRI
9.1%
4.3%
AIN
More free cash flow
ITRI
ITRI
$27.5M more FCF
ITRI
$79.0M
$51.4M
AIN
Faster 2-yr revenue CAGR
AIN
AIN
Annualised
AIN
1.2%
-1.8%
ITRI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AIN
AIN
ITRI
ITRI
Revenue
$321.2M
$587.0M
Net Profit
$13.9M
$53.6M
Gross Margin
31.1%
40.3%
Operating Margin
9.3%
11.5%
Net Margin
4.3%
9.1%
Revenue YoY
12.0%
-3.3%
Net Profit YoY
-21.5%
-18.0%
EPS (diluted)
$0.56
$1.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIN
AIN
ITRI
ITRI
Q1 26
$587.0M
Q4 25
$321.2M
$571.7M
Q3 25
$261.4M
$581.6M
Q2 25
$311.4M
$606.8M
Q1 25
$288.8M
$607.2M
Q4 24
$286.9M
$612.9M
Q3 24
$298.4M
$615.5M
Q2 24
$332.0M
$609.1M
Net Profit
AIN
AIN
ITRI
ITRI
Q1 26
$53.6M
Q4 25
$13.9M
$101.6M
Q3 25
$-97.8M
$65.6M
Q2 25
$9.2M
$68.3M
Q1 25
$17.4M
$65.5M
Q4 24
$17.7M
$58.1M
Q3 24
$18.0M
$78.0M
Q2 24
$24.6M
$51.3M
Gross Margin
AIN
AIN
ITRI
ITRI
Q1 26
40.3%
Q4 25
31.1%
40.5%
Q3 25
-19.1%
37.7%
Q2 25
31.3%
36.9%
Q1 25
33.4%
35.8%
Q4 24
31.5%
34.9%
Q3 24
30.3%
34.1%
Q2 24
33.9%
34.6%
Operating Margin
AIN
AIN
ITRI
ITRI
Q1 26
11.5%
Q4 25
9.3%
13.8%
Q3 25
-44.6%
14.1%
Q2 25
7.2%
12.6%
Q1 25
9.8%
12.6%
Q4 24
8.5%
10.2%
Q3 24
8.4%
12.0%
Q2 24
12.9%
10.6%
Net Margin
AIN
AIN
ITRI
ITRI
Q1 26
9.1%
Q4 25
4.3%
17.8%
Q3 25
-37.4%
11.3%
Q2 25
2.9%
11.3%
Q1 25
6.0%
10.8%
Q4 24
6.2%
9.5%
Q3 24
6.0%
12.7%
Q2 24
7.4%
8.4%
EPS (diluted)
AIN
AIN
ITRI
ITRI
Q1 26
$1.18
Q4 25
$0.56
$2.20
Q3 25
$-3.37
$1.41
Q2 25
$0.31
$1.47
Q1 25
$0.56
$1.42
Q4 24
$0.57
$1.26
Q3 24
$0.57
$1.70
Q2 24
$0.79
$1.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIN
AIN
ITRI
ITRI
Cash + ST InvestmentsLiquidity on hand
$112.3M
$712.9M
Total DebtLower is stronger
$455.7M
Stockholders' EquityBook value
$726.2M
$1.6B
Total Assets
$1.7B
$4.0B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIN
AIN
ITRI
ITRI
Q1 26
$712.9M
Q4 25
$112.3M
$1.0B
Q3 25
$108.3M
$1.3B
Q2 25
$106.7M
$1.2B
Q1 25
$119.4M
$1.1B
Q4 24
$115.3M
$1.1B
Q3 24
$127.2M
$982.5M
Q2 24
$116.4M
$920.6M
Total Debt
AIN
AIN
ITRI
ITRI
Q1 26
Q4 25
$455.7M
$1.3B
Q3 25
$480.6M
Q2 25
$444.7M
Q1 25
$416.4M
Q4 24
$318.5M
$1.3B
Q3 24
$362.2M
$1.3B
Q2 24
$377.1M
$1.3B
Stockholders' Equity
AIN
AIN
ITRI
ITRI
Q1 26
$1.6B
Q4 25
$726.2M
$1.7B
Q3 25
$739.3M
$1.7B
Q2 25
$888.6M
$1.6B
Q1 25
$900.0M
$1.5B
Q4 24
$943.5M
$1.4B
Q3 24
$991.0M
$1.3B
Q2 24
$967.5M
$1.2B
Total Assets
AIN
AIN
ITRI
ITRI
Q1 26
$4.0B
Q4 25
$1.7B
$3.7B
Q3 25
$1.7B
$3.7B
Q2 25
$1.7B
$3.6B
Q1 25
$1.7B
$3.5B
Q4 24
$1.6B
$3.4B
Q3 24
$1.8B
$3.4B
Q2 24
$1.8B
$3.3B
Debt / Equity
AIN
AIN
ITRI
ITRI
Q1 26
Q4 25
0.63×
0.74×
Q3 25
0.65×
Q2 25
0.50×
Q1 25
0.46×
Q4 24
0.34×
0.91×
Q3 24
0.37×
0.94×
Q2 24
0.39×
1.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIN
AIN
ITRI
ITRI
Operating Cash FlowLast quarter
$73.7M
$85.5M
Free Cash FlowOCF − Capex
$51.4M
$79.0M
FCF MarginFCF / Revenue
16.0%
13.5%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
5.31×
1.60×
TTM Free Cash FlowTrailing 4 quarters
$82.6M
$394.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIN
AIN
ITRI
ITRI
Q1 26
$85.5M
Q4 25
$73.7M
$119.3M
Q3 25
$43.9M
$117.8M
Q2 25
$32.7M
$96.7M
Q1 25
$2.1M
$72.1M
Q4 24
$78.5M
$79.8M
Q3 24
$47.0M
$65.3M
Q2 24
$83.4M
$51.7M
Free Cash Flow
AIN
AIN
ITRI
ITRI
Q1 26
$79.0M
Q4 25
$51.4M
$111.5M
Q3 25
$25.9M
$113.4M
Q2 25
$18.8M
$90.7M
Q1 25
$-13.5M
$67.5M
Q4 24
$60.2M
$70.2M
Q3 24
$31.6M
$58.7M
Q2 24
$63.6M
$44.6M
FCF Margin
AIN
AIN
ITRI
ITRI
Q1 26
13.5%
Q4 25
16.0%
19.5%
Q3 25
9.9%
19.5%
Q2 25
6.0%
14.9%
Q1 25
-4.7%
11.1%
Q4 24
21.0%
11.4%
Q3 24
10.6%
9.5%
Q2 24
19.2%
7.3%
Capex Intensity
AIN
AIN
ITRI
ITRI
Q1 26
Q4 25
6.9%
1.4%
Q3 25
6.9%
0.8%
Q2 25
4.5%
1.0%
Q1 25
5.4%
0.8%
Q4 24
6.4%
1.6%
Q3 24
5.2%
1.1%
Q2 24
6.0%
1.2%
Cash Conversion
AIN
AIN
ITRI
ITRI
Q1 26
1.60×
Q4 25
5.31×
1.17×
Q3 25
1.80×
Q2 25
3.56×
1.41×
Q1 25
0.12×
1.10×
Q4 24
4.44×
1.37×
Q3 24
2.61×
0.84×
Q2 24
3.39×
1.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIN
AIN

Transferred At Point In Time$176.5M55%
Engineered Composites Other$99.3M31%
Engineered Composites ASC$44.5M14%
Transferred Over Time$1.0M0%

ITRI
ITRI

Product revenues$477.8M81%
Service revenues$109.2M19%

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