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Alliance Laundry Reports Second Quarter 2026 Results

ALH
  • Alliance Laundry Holdings Inc. reported second quarter 2026 net revenue of $477 million, a 7% year-over-year increase.
  • Net income rose 121% to $69 million, while adjusted net income increased 55% to $83 million.
  • Adjusted EBITDA grew 12% to $134 million, representing an adjusted EBITDA margin of 28.1%.
  • The company repaid $50 million in debt during the quarter, reducing net leverage to 2.4x from 2.6x.
  • North America revenue grew 9% to $359 million with an adjusted EBITDA margin of 31.6%.
  • International revenue remained flat at $117 million, though Asia Pacific showed strong growth while the Middle East & Africa region faced reduced activity due to conflict.
  • Alliance raised its full year 2026 adjusted EBITDA growth guidance to +8% to 10% from the previous +7% to 8% range.
  • Revenue growth guidance for 2026 remains unchanged at +6% to 7%.
  • The company now anticipates achieving net leverage of 2.0x by the end of fiscal 2026.
  • Operating cash flow for the quarter was $66.3 million, up significantly from $5.3 million in the prior year quarter.
  • Total debt stands at $1.25 billion with net debt at $1.09 billion as of June 30, 2026.
  • Interest expense for the full year 2026 is forecast at approximately $80 million, down from the prior estimate of $85 million.
  • The effective tax rate for 2026 is expected to be 23.0%, compared to 23.5% previously.
  • Diluted share count for 2026 is projected at approximately 205 million.
  • Pricing actions contributed slightly more than half of the revenue growth, with the remainder driven by unit volume and mix.
  • Gross margin improved to 39.8%, an increase of approximately 90 basis points from the prior year quarter.