TOMI Environmental Q2 revenue jumps on equipment demand

TOMI Environmental Solutions

14/08/2026 13:39

Overview
U.S. disinfection solutions provider's Q2 revenue surged 118% yr/yr, driven by equipment demand
Gross profit more than doubled, and operating loss narrowed 78% yr/yr
Company signed definitive merger agreement with Carbonium Core, and reaffirmed full-year guidance

Outlook
TOMI reaffirms full-year 2026 revenue guidance of at least $12 mln
Company aims to complete $10 mln financing and advance merger with Carbonium Core
TOMI plans to accelerate recurring revenue and convert $2.5 mln sales backlog in H2 2026

Result Drivers
EQUIPMENT & SYSTEMS DEMAND - Co said Q2 revenue growth was driven by surge demand for capital equipment, Custom Engineered Systems, and SteraMist applicator adoption
CONSUMABLE & RECURRING SALES - Co highlighted growth in BIT Solution consumable sales and recurring service contracts as contributing to high-margin revenue streams
COST CONTROL - Operating expenses declined 10% yr/yr, reflecting overhead discipline and contributing to improved operating performance

Company press release: ID:nGNX8HStPJ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
$2.25 mln
$1.84 mln (1 Analyst)
Q2 Loss Per Share
 
$0.05
 
Q2 Gross Margin
 
61.70%
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for TOMI Environmental Solutions Inc is $7.00, about 274.3% above its August 13 closing price of $1.87

Reuters Recommended Reads
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Aug 13 - Australia's Cleanaway opens books to EQT after $6.6 billion offer, shares surge

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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.)