Vestis Q4 Revenue Down 3.2%, EBITDA Tops, Lifts FY Guidance to $300M
Vestis Corp. posted Q4 CY2025 revenue of $663.4 million, a 3.2% year-over-year decline matching the $664.7 million consensus, and incurred a GAAP loss of $0.05 per share, $0.03 worse than estimates. Adjusted EBITDA of $70.4 million exceeded forecasts and full-year EBITDA guidance rose to $300 million at midpoint.
1. Q4 CY2025 Results
Vestis reported Q4 CY2025 revenue of $663.4 million, down 3.2% year-over-year and in line with the $664.7 million consensus. GAAP net loss was $0.05 per share, missing the $0.02 per share loss estimate by $0.03.
2. Full-Year Guidance
Management raised adjusted EBITDA guidance for fiscal 2026 to a midpoint of $300 million, above the $295.8 million consensus forecast, reflecting confidence in margin expansion.
3. Profitability and Cash Flow
Adjusted EBITDA reached $70.38 million for the quarter, achieving a 10.6% margin and beating the $69.05 million estimate. Free cash flow turned positive at $28.3 million versus a negative $10.6 million year earlier, while operating margin narrowed to 2.5% from 4.4%.
4. Business Operations
Vestis operates over 350 facilities and 3,300 delivery routes, servicing more than 300,000 business locations across the U.S. and Canada, with a market capitalization near $966 million.