US disinfection tech provider TOMI Environmental Solutions prelim Q3 sales jumps on growth across its businesses

TOMI Environmental Solutions

08/10/2026 13:40

Overview
US disinfection tech provider's preliminary Q3 sales rose 27% yr/yr to $2.5 mln
Growth was broad-based across product lines, with sequential revenue up four straight quarters
Preliminary Q3 gross margin expected to exceed Q2 level

Outlook
Company targets $12 mln revenue for 2026 yr, contingent on order fulfillment
TOMI has $1.7 mln in orders booked for Q4 2026
Company expects Q4 2026 to be profitable and anticipates ongoing profitability

Result Drivers
BROAD-BASED GROWTH - Co said sales growth was spread across BIT Solution, mobile equipment, services and automated projects
PRODUCT LINE INCREASES - Mobile equipment sales up 107%, services up 77%, automated projects up 330% yr/yr

Company press release: ID:nGNX5wT8ms

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Prelim Sales
Miss
$2.5 mln
$3.01 mln (1 Analyst)

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 340.3% above its October 7 closing price of $1.59

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)