TOMI Environmental Solutions Q3 revenue rises on commercial execution
TOMZ•TOMI Environmental Solutions' preliminary Q3 revenue rose 24% year over year to $2.49 million, and the company recorded its first positive operating income since Q3 2024. Gross margin was 59%, down from 61.2% a year earlier.
1. Revenue and margins
Preliminary Q3 revenue rose 24% year over year to $2.49 million. Gross margin was 59%, compared with 61.2% a year earlier, and TOMI recorded its first positive operating income since Q3 2024.
2. Sales and costs
Product revenue increased 30% and U.S. revenue rose 50%, while international revenue declined 22%. Operating expenses fell 7% year over year and 12% sequentially. CEO Dr. Halden Shane attributed the revenue growth and return to operating profit to stronger commercial execution and improved equipment sales.
3. Company plans
TOMI plans to expand recurring revenue from BIT Solution consumables and iHP service and support, while maintaining cost and capital discipline as it pursues sustainable profitability.
