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EVI Industries Stock Rises 16% as Q4 Earnings Improve Y/Y
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Shares of EVI Industries, Inc. (EVI - Free Report) have gained 16.4% since the company reported its earnings for the quarter ended June 30, 2026, outperforming the S&P 500 index’s 0.7% decline over the same period. Over the past month, EVI shares have advanced 2.6%, while the S&P 500 has declined 1%.
For the fourth quarter of fiscal 2026, EVI reported earnings per share of 17 cents, which rose from 14 cents in the prior-year quarter.
Revenues increased 11% year over year to a record $121.9 million. Net income increased 31% to $2.7 million from $2.1 million. Gross profit advanced 13% to $38.5 million, while gross margin expanded 80 basis points to 31.6%.
Operating income climbed 37% to $5.6 million. Adjusted EBITDA increased 26% to a record $9.1 million, with the adjusted EBITDA margin improving 100 basis points to 7.5%.
EVI Industries, Inc. Price, Consensus and EPS Surprise
Operating cash flow totaled $13.4 million during the quarter, up 35% from the year-ago period. Net debt declined $11.5 million during the quarter to $44.2 million as of June 30, 2026. Operational activity also remained robust, with EVI completing approximately 30,300 service visits, up about 10% sequentially, across roughly 11,600 unique customers. The service network supports recurring revenues from maintenance, parts and consumables alongside equipment sales.
Management Commentary
Chairman and CEO Henry Nahmad characterized fiscal 2026 as EVI’s strongest year and highlighted improving operating leverage as the company begins utilizing technology and infrastructure investments made over several years. Excluding $3.8 million of corporate expenses, fourth-quarter adjusted EBITDA was $12.9 million, or 10.6% of revenues. Management views corporate spending on technology, people and enterprise capabilities as infrastructure that can be leveraged across a larger revenue base rather than costs that should rise proportionately with sales.
Management also highlighted efforts to use technology to improve technician productivity, job costing, inventory decisions and coordination among EVI’s businesses. It said a customer relationship management system remains an important capability still to be built and deployed.
Factors Influencing the Headline Numbers
Fourth-quarter revenues benefited from the completion of some projects that had been delayed in the third quarter by adverse weather, along with a higher mix of industrial sales. These factors helped drive a 21% sequential increase in revenues. Profitability was also supported by a greater contribution from service, parts and consumables, which carry higher margins than equipment sales, as well as EVI’s increased ownership of its supply chain through Continental.
Tariffs and higher supplier and original-equipment-manufacturer costs remain potential pressures. EVI said it has adjusted pricing and worked with suppliers on cost-mitigation measures in response to higher costs, while acknowledging continued uncertainty around trade policy.
Balance Sheet Update
EVI ended fiscal 2026 with cash of $6.8 million, down from $8.9 million at June 30, 2025.
Total assets decreased to $305 million from $307 million.
Long-term debt declined to $51 million from $53 million. Shareholders’ equity increased to $150.1 million from $143.5 million.
Fiscal 2026 Update
For fiscal 2026, EVI’s revenues increased 15% year over year to a record $446.6 million. Earnings per share were 48 cents compared with 49 cents in fiscal 2025. Net income increased 3% to $7.7 million.
Gross profit advanced 19% to a record $140.7 million, while gross margin reached a record 31.5%.
Adjusted EBITDA rose 16% to a record $29.1 million, representing 6.5% of revenues.
Outlook
Management reiterated its longer-term objective of achieving a double-digit consolidated operating margin, expecting additional scale and operating improvements to help leverage corporate expenses.
Other Developments
For fiscal 2026 overall, EVI acquired ASN Laundry Group in Aug. 2025 and Belenky, Inc. in Feb. 2026, expanding its commercial laundry operations. After the June 30 year-end, EVI established a consumer garment care services division. It announced an agreement to acquire Sudsies on July 20, 2026, and closed the transaction on Sept. 1. Sudsies serves as the foundation of the new division and represents EVI’s first dedicated expansion beyond commercial laundry distribution and service since beginning its current growth strategy in 2016.
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EVI Industries Stock Rises 16% as Q4 Earnings Improve Y/Y
Shares of EVI Industries, Inc. (EVI - Free Report) have gained 16.4% since the company reported its earnings for the quarter ended June 30, 2026, outperforming the S&P 500 index’s 0.7% decline over the same period. Over the past month, EVI shares have advanced 2.6%, while the S&P 500 has declined 1%.
For the fourth quarter of fiscal 2026, EVI reported earnings per share of 17 cents, which rose from 14 cents in the prior-year quarter.
Revenues increased 11% year over year to a record $121.9 million. Net income increased 31% to $2.7 million from $2.1 million. Gross profit advanced 13% to $38.5 million, while gross margin expanded 80 basis points to 31.6%.
Operating income climbed 37% to $5.6 million. Adjusted EBITDA increased 26% to a record $9.1 million, with the adjusted EBITDA margin improving 100 basis points to 7.5%.
EVI Industries, Inc. Price, Consensus and EPS Surprise
EVI Industries, Inc. price-consensus-eps-surprise-chart | EVI Industries, Inc. Quote
Other Key Business Metrics
Operating cash flow totaled $13.4 million during the quarter, up 35% from the year-ago period. Net debt declined $11.5 million during the quarter to $44.2 million as of June 30, 2026. Operational activity also remained robust, with EVI completing approximately 30,300 service visits, up about 10% sequentially, across roughly 11,600 unique customers. The service network supports recurring revenues from maintenance, parts and consumables alongside equipment sales.
Management Commentary
Chairman and CEO Henry Nahmad characterized fiscal 2026 as EVI’s strongest year and highlighted improving operating leverage as the company begins utilizing technology and infrastructure investments made over several years. Excluding $3.8 million of corporate expenses, fourth-quarter adjusted EBITDA was $12.9 million, or 10.6% of revenues. Management views corporate spending on technology, people and enterprise capabilities as infrastructure that can be leveraged across a larger revenue base rather than costs that should rise proportionately with sales.
Management also highlighted efforts to use technology to improve technician productivity, job costing, inventory decisions and coordination among EVI’s businesses. It said a customer relationship management system remains an important capability still to be built and deployed.
Factors Influencing the Headline Numbers
Fourth-quarter revenues benefited from the completion of some projects that had been delayed in the third quarter by adverse weather, along with a higher mix of industrial sales. These factors helped drive a 21% sequential increase in revenues. Profitability was also supported by a greater contribution from service, parts and consumables, which carry higher margins than equipment sales, as well as EVI’s increased ownership of its supply chain through Continental.
Tariffs and higher supplier and original-equipment-manufacturer costs remain potential pressures. EVI said it has adjusted pricing and worked with suppliers on cost-mitigation measures in response to higher costs, while acknowledging continued uncertainty around trade policy.
Balance Sheet Update
EVI ended fiscal 2026 with cash of $6.8 million, down from $8.9 million at June 30, 2025.
Total assets decreased to $305 million from $307 million.
Long-term debt declined to $51 million from $53 million. Shareholders’ equity increased to $150.1 million from $143.5 million.
Fiscal 2026 Update
For fiscal 2026, EVI’s revenues increased 15% year over year to a record $446.6 million. Earnings per share were 48 cents compared with 49 cents in fiscal 2025. Net income increased 3% to $7.7 million.
Gross profit advanced 19% to a record $140.7 million, while gross margin reached a record 31.5%.
Adjusted EBITDA rose 16% to a record $29.1 million, representing 6.5% of revenues.
Outlook
Management reiterated its longer-term objective of achieving a double-digit consolidated operating margin, expecting additional scale and operating improvements to help leverage corporate expenses.
Other Developments
For fiscal 2026 overall, EVI acquired ASN Laundry Group in Aug. 2025 and Belenky, Inc. in Feb. 2026, expanding its commercial laundry operations. After the June 30 year-end, EVI established a consumer garment care services division. It announced an agreement to acquire Sudsies on July 20, 2026, and closed the transaction on Sept. 1. Sudsies serves as the foundation of the new division and represents EVI’s first dedicated expansion beyond commercial laundry distribution and service since beginning its current growth strategy in 2016.