EVI Industries Inc

evi-ind.com

What Do They Do?

Distributes commercial laundry equipment and related products, and provides related services to organizational customers. Provides garment-care services to consumers.

How Do They Make Money?

Customers mainly pay for commercial laundry equipment and parts when products ship. Longer equipment-installation projects, maintenance and service contracts bring in revenue as work proceeds, and longer projects typically receive progress payments.

FY2026 revenue

Who Are Their Customers?

Customers include laundries, hospitals, hotels, government facilities and other businesses and institutions; equipment and parts orders generally come by phone or email. The company also provides garment-care services directly to consumers.

Do Revenues Turn Into Profits?

Yes. It kept 2 cents of every revenue dollar as net income in FY2026 and turned 3 cents into free cash flow.

Operating income, FY2026

4% of revenue

▲ +14% vs FY2025 ($13.8M, 4%)

Net income, FY2026

2% of revenue

▲ +3% vs FY2025 ($7.5M, 2%)

Free cash flow, FY2026

3% of revenue

▼ −18% vs FY2025 ($16.4M, 4%)

How Are They Changing?

Growing. Revenue grew 67% in 4 years, from $267.3M in FY2022 to $446.6M in FY2026, about 14% a year.

Entry into consumer garment care The business has expanded beyond commercial laundry distribution and service into consumer garment care, offering cleaning, alteration and repair services directly to consumers.

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