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EVI Industries
EVI Industries (EVI) investor relations material
EVI Industries Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary9 Feb, 2026
Executive summary
Achieved record second quarter results with revenue up 24% year-over-year, gross profit up 29%, and operating income up 78%, reflecting strong execution and enduring demand for products and services.
Trailing twelve-month revenue surpassed $425 million as of December 31, 2025, highlighting the success of the buy-and-build growth strategy.
Transformation since 2016 expanded operations from a single location to 31 businesses with over 900 associates, driving significant compounded annual growth rates in revenue, net income, and adjusted EBITDA.
Strategic investments in people, technology, and operational capabilities are enhancing scalability, efficiency, and long-term profitability.
Operating expenses rose due to costs from acquired businesses, higher selling costs, and increased compensation and technology expenses.
Financial highlights
Second quarter revenue increased 24% year-over-year to $115.3 million, with six-month revenue up 20% to $223.6 million, driven by acquisitions and legacy operations.
Gross margin expanded to 31.1% for the six months and 30.8% for the quarter, attributed to favorable product mix, pricing discipline, and benefits from acquisitions.
Net income for the quarter was $2.4 million (2.1% margin), and for six months $4.2 million, with adjusted EBITDA for the quarter at $7.7 million (6.6% of revenue) and for six months $14.4 million (6.4% of revenue).
Diluted EPS for the six and three months was $0.26 and $0.15, compared to $0.29 and $0.07 year-over-year.
Operating income for the six and three months was $7.8 million and $4.2 million, compared to $7.4 million and $2.4 million in the prior year.
Outlook and guidance
Management expects continued growth through organic initiatives and acquisitions, with ongoing investments in modernization and optimization initiatives to drive long-term growth and efficiency.
Sufficient liquidity is available to fund operations and capital expenditures for at least the next twelve months.
Management remains confident in the strategy and well-positioned for durable value creation.
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Next EVI Industries earnings date
Q3 202615 May, 2026
EVI Industries
Next EVI Industries earnings date
Q3 202615 May, 2026
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Frequently asked questions
EVI Industries, Inc., distributes, sells, rents, and leases commercial, industrial, and vended laundry and dry cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, Latin America, and Asia. It operates through Laundry Group-North America; and Laundry Group International segments.
The company offers coin-operated washers and dryers; front load washers; multi-load dryers; single load dryers; ironers; folding machines; linen carts/cabinets; flatwork feeders/folders/stackers; washer/dryer stack units; clothes dryers; commercial tumble dryers; home pool room equipment; leisure rooms equipment; gas pool heaters & pool dehumidifiers. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida.
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