TOMI Environmental Posts Preliminary Q3 Revenue of $2.5M, Up 27% YoY
TOMZ sits 26% above its 52-week low of $1.21.
Summary
TOMI Environmental Solutions reported preliminary Q3 2026 revenue of $2.5 million, a 27% increase year-over-year and 13% sequential growth. The company also disclosed $9 million in year-to-date recognized revenue plus open order book, with $1.7 million already booked for Q4. The open order book rose to $2.5 million from $2.2 million at the end of Q2, and preliminary gross margin is expected to exceed the prior quarter. CEO Halden Shane stated the fourth quarter will be profitable and reiterated the $12 million full-year revenue target. This follows the mutual termination of the Carbonium Core merger in September and the 1-for-3 reverse split in July; the company continues to evaluate merger candidates.
At the time of this announcement, TOMZ was trading at $1.53 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $12.9M. The 52-week trading range was $1.21 to $3.32. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.