Vestis FY26 Q3 swings to net income of $11.05 million; revenue falls 1.8% to $661.7 million vs FY25 Q3 - VSTS News | RalliesVestis FY26 Q3 swings to net income of $11.05 million; revenue falls 1.8% to $661.7 million vs FY25 Q3
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VSTS• Updated outlook
- Full-year 2026 free cash flow outlook raised to USD 160 million-USD 170 million; adjusted EBITDA forecast tightened to USD 310 million-USD 315 million.
Quarterly results
- Vestis posted Q3 2026 revenue of USD 661.7 million, down 1.8% year over year.
- Net income swung to USD 11 million, or USD 0.08 per diluted share, from a year-ago loss.
- Adjusted EBITDA rose to USD 80.9 million, lifting margin to 12.2% from 9.5%.
Cash flow and balance sheet
- Operating cash flow climbed to USD 64.9 million, driving free cash flow of USD 47 million; USD 30 million of debt repaid.
