---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-000757"
form_type: "8-K"
ticker: "EVI"
cik: "0000065312"
company_name: "EVI INDUSTRIES, INC."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:23:24.080610+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EVI Industries reports record Q3 revenue $94.1M, net income $2.8M, up 57% and 6,775% YoY

## Summary
- Revenue $94.1M (+57% YoY), gross profit $26.6M (+56%), operating income $4.5M (+2,275%).
- Net income $2.8M (+6,775% YoY), diluted EPS $0.19; adjusted EBITDA $6.7M (+216%), margin 7.2%.
- Nine-month revenue $260.1M (+41%), net income $7.8M (+202%), adjusted EBITDA $19.2M (+100%).
- Completed three acquisitions in nine months; 23 total since 2016 buy-and-build strategy.
- Net debt $34.8M; inventory +132% to $63M; ample liquidity for growth investments.

## SEC filing metadata
- accession: 0001174947-23-000757
- form_type: 8-K
- ticker: EVI
- cik: 0000065312
- company_name: EVI INDUSTRIES, INC.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65312/000117494723000757/0001174947-23-000757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65312/000117494723000757/form8k-30178_evi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-000757
- JSON: https://secwatch.observer/filing/0001174947-23-000757.json
- Plain text: https://secwatch.observer/filing/0001174947-23-000757.txt

## Key facts
- Earnings Releases
  EVI INDUSTRIES, INC. reported quarter ended March 31, 2023 results: revenue $94.1 million, net income $2.8 million, EPS $0.19.
  - Period: quarter ended March 31, 2023
  - Revenue: $94.1 million
  - Net income: $2.8 million
  - EPS: $0.19
  - Result: reported results
  source text: twenty-three businesses in the commercial laundry industry since 2016 Three-Month Results (compared to the three months ended March 31, 2022) § Revenue increased 57% to a record $94.1 million § Gross profit increased 56% to a record $26.6 million § Gross margin decreased 10 basis points to 28.3% § Operating income increased 2,275% to a record $4.5 million § Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/65312/000117494723000757/0001174947-23-000757-index.htm
- Earnings Releases
  EVI INDUSTRIES, INC. reported nine months ended March 31, 2023 results: revenue $260.1 million, net income $7.8 million, EPS $0.54.
  - Period: nine months ended March 31, 2023
  - Revenue: $260.1 million
  - Net income: $7.8 million
  - EPS: $0.54
  - Result: reported results
  source text: to a record $6.7 million, and adjusted EBITDA margin increased to 7.2% Nine-Month Results (compared to the nine months ended March 31, 2022) § Revenue increased 41% to a record $260.1 million § Gross profit increased 47% to a record $75.9 million § Gross margin improved 130 basis points to a record 29.2% § Operating income increased 226% to a record $12.5 million §
  evidence_url: https://www.sec.gov/Archives/edgar/data/65312/000117494723000757/0001174947-23-000757-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.