EVI Industries has reported strong financial performance for the second quarter of fiscal year 2026, marking a significant increase in its operational scale and market presence.

The company's strategic growth initiatives have yielded remarkable results, with revenue surging by 24% to $115.3 million in the second quarter of fiscal year 2026. This impressive performance has propelled EVI Industries' trailing twelve-month revenue beyond the $425 million milestone, largely fueled by key acquisitions, including Continental (formerly Girbau North America), and consistent contributions from its established business segments. EVI's transformative 'buy-and-build' approach has been central to its expansion, evolving from a single Florida-based entity in 2016 to a leading North American enterprise boasting 31 businesses and a workforce exceeding 900 employees. Beyond acquisitions, the company is actively investing in technological advancements, with new field service technology already reducing average technician response times by 13%. These sophisticated, data-driven systems are designed to enhance the efficiency of EVI's more than 425 service personnel and streamline the management of an extensive inventory comprising over 15,000 unique product items.

From a financial standpoint, EVI Industries maintains a robust position, achieving a record adjusted EBITDA of $7.7 million for the quarter, representing a 49% year-over-year increase. While the company generated positive operating cash flow, it strategically increased inventory by $12 million to support a growing backlog of confirmed customer contracts, reflecting confidence in future demand. EVI Industries, through its various subsidiaries, plays a crucial role in the distribution, sale, rental, and leasing of commercial and industrial laundry and dry-cleaning equipment.

EVI Industries exemplifies how strategic vision, combined with calculated expansion and investment in operational efficiency, can drive substantial financial growth and market leadership. The company's journey from a localized operation to a continental force underscores the power of innovation and focused development, creating long-term value for stakeholders and contributing positively to the industrial services sector.