EVI Industries Inc

EVI Industries reported fourth-quarter fiscal 2026 earnings per share of 17 cents, up from 14 cents a year earlier, with revenues climbing 11% year over year to a record $121.9 million. Net income rose 31% to $2.7 million from $2.1 million, gross profit advanced 13% to $38.5 million, and gross margin expanded 80 basis points to 31.6%. Operating income climbed 37% to $5.6 million, while adjusted EBITDA increased 26% to a record $9.1 million and the adjusted EBITDA margin improved 100 basis points to 7.5%. For the full fiscal year, revenues rose 15% to a record $446.6 million, though earnings per share slipped to 48 cents from 49 cents and net income edged up 3% to $7.7 million. Chairman and CEO Henry Nahmad called fiscal 2026 EVI's strongest year, and management reiterated its longer-term objective of a double-digit consolidated operating margin. The company also announced an agreement on July 20, 2026, to acquire Sudsies, closing the transaction on Sept. 1 and establishing a consumer garment care services division, its first dedicated expansion beyond commercial laundry distribution and service since beginning its current growth strategy in 2016.

EVI Industries reported record results for fiscal 2026, with net income rising 3% year-over-year to $7.7 million. Revenue increased 15% to a record $446.6 million, while gross profit grew 19% to a record $140.7 million, with gross margin expanding to a record 31.5%. Operating income rose 14% to a record $15.7 million, and adjusted EBITDA increased 16% to a record $29.1 million, representing a 6.5% margin. Operating cash flow was $20.6 million, and net debt stood at $44.2 million as of June 30, 2026, substantially unchanged.