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.

EVI Industries (EVI) Revenue Jumps 24% Following Strategic Acquisitions

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.

While we acknowledge the potential of EVI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EVI and that has 100x upside potential, check out our report about this cheapest AI stock.

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