EVI Industries Q4 Earnings Rise as Revenue Hits Record $121.9 Million

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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.

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Q4 EPS rose to 17 cents, revenue hit a record $121.9 million, and operating income climbed 37%.