EVI Industries posts record Q4 revenue on deferred installations

EVI Industries

08/09/2026 14:00

Overview
Commercial laundry distributor's fiscal Q4 revenue grew 11% yr/yr to a record high
Adjusted EBITDA for fiscal Q4 rose 26% yr/yr, driven by operational improvements
Company expanded via two acquisitions and launched consumer garment care division

Outlook
Company expects operating margin expansion as revenue base grows and modernization advances
EVI continues to evaluate acquisition opportunities in commercial laundry and consumer garment care
Company says tariff uncertainty persists but expects to manage through changing market conditions

Result Drivers
INSTALLATION TIMING AND INDUSTRIAL SALES - Co said completion of deferred installations and a higher mix of industrial sales contributed to sequential revenue growth in Q4
HIGHER-MARGIN SERVICE AND PARTS - Co attributed margin improvement to growth in service, parts, and consumables revenues, which carry higher margins than equipment sales, and to greater supply chain ownership
OPERATIONAL INVESTMENTS - Co said investments in technology and process standardization improved productivity and helped convert revenue growth into higher earnings

Company press release: ID:nBw2XtJmNa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$121.87 mln
$117.10 mln (1 Analyst)
Q4 Net Income
 
$2.75 mln
 
Q4 Adjusted EBITDA
Beat
$9.10 mln
$8.01 mln (1 Analyst)
Q4 EBIT
 
$5.64 mln
 
Q4 Pretax Profit
 
$4.66 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for EVI Industries Inc is $32.00, about 134.3% above its September 4 closing price of $13.66
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)