EVI Industries (EVI) Revenue Jumps 24% Following Strategic Acquisitions
EVI Industries Inc. (NYSEAMERICAN:EVI) is one of the most promising micro-cap stocks according to analysts. On February 9, EVI Industries reported results for FQ2 2026, with revenue jumping 24% to $115.3 million. This performance pushed the company’s trailing twelve-month revenue past the $425 million milestone. The growth was largely fueled by acquisitions, most notably Continental (formerly Girbau North America), alongside solid contributions from legacy operations.
The company’s buy-and-build strategy transformed EVI Industries from a single Florida location in 2016 into a North American leader with 31 businesses and over 900 employees. Beyond acquisitions, EVI Industries is heavily investing in modernization; new field service technology has already improved average technician response times by 13%. These data-driven systems are designed to optimize the productivity of EVI’s 425+ service personnel and manage a complex inventory of over 15,000 SKUs.
Financially, EVI Industries Inc. (NYSEAMERICAN:EVI) remains in a strong position with record adjusted EBITDA of $7.7 million for the quarter, a 49% increase year-over-year. While the company generated positive operating cash flow, it intentionally increased inventory by $12 million to support a growing backlog of confirmed customer contracts.
EVI Industries Inc. (NYSEAMERICAN:EVI), through its subsidiaries, distributes, sells, rents, and leases commercial and industrial laundry and dry-cleaning equipment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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