EVI INDUSTRIES, INC.

EVI Industries reported record third-quarter fiscal year 2026 results, with revenue increasing 8% to $101.1 million and gross profit rising 17% to $32.8 million. Despite these gains, net income for the quarter decreased to $0.8 million from $1.0 million year-over-year. The company also announced the acquisition of Belenky, Inc., its 32nd commercial laundry business, and continued progress on operational optimization and technology deployment.

EVI Industries reported a 16.0% increase in revenues to $324.7 million for the nine months ended March 31, 2026, compared to $279.9 million in the prior year. However, net income for the nine-month period decreased by 8.0% to $5.0 million, with diluted earnings per share falling to $0.31 from $0.35. For the three months ended March 31, 2026, revenues grew 8.1% to $101.1 million, but net income declined 27.7% to $0.8 million. The company continued its "buy-and-build" strategy, completing two acquisitions in fiscal 2026 and four in fiscal 2025.