Open the filing on EDGARForward-looking statements notice
plus approximately $22 million in lower interest expense following significant debt reduction of $825 Company’s 2026 guidance and the most directly comparable GAAP measures because it would be too FORWARD-LOOKING STATEMENTS ALLIANCE LAUNDRY HOLDINGS INC. ALLIANCE LAUNDRY HOLDINGS INC. ALLIANCE LAUNDRY HOLDINGS INC. ALLIANCE LAUNDRY HOLDINGS INC. ALLIANCE LAUNDRY HOLDINGS INC. million over the past twelve months. difficult to prepare a reliable U.S. GAAP quantitative reconciliation without unreasonable effort. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONDENSED CONSOLIDATED BALANCE SHEETS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS SEGMENT SUMMARY Selected financial information for each segment is as follows: RECONCILIATION SCHEDULES This press release includes “forward-looking statements” within the meaning of the “safe harbor” NON-GAAP FINANCIAL MEASURES (unaudited) (unaudited) (unaudited) The following table presents the calculation of last twelve months (LTM) adjusted EBITDA for provisions of the United States Private Securities Litigation Reform Act of 1995. In some cases, you Adjusted EBITDA increased 12% to $134 million, with Adjusted EBITDA Margin of 28.1%, Based on the strength of our second quarter performance and our visibility into the second half of the (in thousands, except per share amounts) (in thousands, except share and per share amounts) (in thousands) The following table presents revenue by segment, Segment Adjusted EBITDA and Segment Adjusted (Unaudited)Three Months Ended June 30, 2026Three Months Ended June 30, 2025(in thousands)North AmericaInternationalTotalNorth AmericaInternationalTotalNet revenues$359,258$117,497$476,755$329,095$118,089$447,184Cost of sales(1)215,38870,472202,18769,904Other segment items(2)30,23813,07730,10611,291Segment Adjusted EBITDA$113,632$33,948$147,580$96,802$36,894$133,696Reconciling items:Interest expense, net(17,809)(39,376)Depreciation and amortization(22,219)(22,644)Refinancing and debt related costs - 2Foreign exchange gain/(loss) on intercompany loans, net(7)(13,789)Share-based compensation(3,508)(768)Strategic transaction costs(2,406)(2,182)Corporate and other(13,799)(14,252)Income before taxes$87,832$40,687 The following table presents a reconciliation of Net income to the non-GAAP financial measure purposes of calculating Net debt to Adjusted EBITDA: can identify these forward-looking statements by the use of terms such as “expect,” “will,” “continue,” representing an approximate 135 basis point increase in profitability versus the prior year quarter. year, the Company is raising the range of Adjusted EBITDA guidance for 2026 and firming up its Net We regularly review non-GAAP measures to evaluate our business, measure our performance and June 30, 2026December 31, 2025AssetsCurrent assets:Cash and cash equivalents...............................................................................................................................$159,467$123,102Restricted cash ................................................................................................................................................1,6823,602Restricted cash - for securitization investors ..................................................................................................22,28922,999Accounts receivable, net .................................................................................................................................117,255113,651Inventories, net................................................................................................................................................148,879146,039Inventories, net - related parties ......................................................................................................................1,057821Accounts receivable, net - restricted for securitization investors ...................................................................165,663141,973Equipment financing receivables, net .............................................................................................................2,1042,822Equipment financing receivables, net - restricted for securitization investors ...............................................96,63492,011Prepaid expenses and other current assets ......................................................................................................32,17828,862Total current assets..........................................................................................................................................747,208675,882Equipment financing receivables, net ..................................................................................................................5,9174,913Property, plant, and equipment, net .....................................................................................................................255,808265,250Operating lease right-of-use assets ......................................................................................................................21,37720,741Equipment financing receivables, net - restricted for securitization investors ....................................................494,060470,408Deferred income tax asset, net .............................................................................................................................3,2443,169Debt issuance costs, net .......................................................................................................................................2,8663,461Goodwill ..............................................................................................................................................................682,456684,230Intangible assets, net ............................................................................................................................................730,083754,737Other long-term assets .........................................................................................................................................3,8793,097Total assets .................................................................................................................................................$2,946,898$2,885,888Liabilities and Stockholders' EquityCurrent liabilities:Current portion of long-term debt ...................................................................................................................$97$113Accounts payable169,813128,662Accounts payable - related parties ..................................................................................................................1,7911,852Asset backed borrowings - owed to securitization investors ..........................................................................196,294194,180Current operating lease liabilities ...................................................................................................................5,9945,927Other current liabilities ...................................................................................................................................148,033153,592Total current liabilities ...............................................................................................................................522,022484,326Long-term debt, net..............................................................................................................................................1,241,1671,354,636Asset backed borrowings - owed to securitization investors ...............................................................................444,745424,406Deferred income tax liability ...............................................................................................................................169,366169,355Long-term operating lease liabilities ...................................................................................................................16,22115,745Other long-term liabilities....................................................................................................................................50,76245,302Total liabilities............................................................................................................................................2,444,2832,493,770Stockholders' equity:Redeemable preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued or outstanding ........................................................................................................................................................... - - Common stock, $0.01 par value, 2,000,000,000 shares authorized, 198,751,901 and 197,532,147 issued, respectively, and 198,751,901 and 197,532,147, outstanding, respectively........................................................1,9881,975Additional paid-in capital ....................................................................................................................................508,032509,369Accumulated deficit .............................................................................................................................................(50,819)(176,404)Accumulated other comprehensive income .........................................................................................................43,41457,178Total stockholders' equity ...............................................................................................................................502,615392,118Total liabilities and stockholders’ equity ...................................................................................................$2,946,898$2,885,888 Six Months Ended June 30,20262025Cash flows from operating activities:Net income ......................................................................................................................................................................................................$125,585$48,263Adjustments to reconcile Net income to net cash provided by operating activities: ......................................................................................Depreciation and amortization ..................................................................................................................................................................44,72345,958Amortization and extinguishment of debt issuance costs .........................................................................................................................1,0961,145Amortization of original issue discount ....................................................................................................................................................1,073807Non-cash interest (income) expense..........................................................................................................................................................(7,366)9,006Non-cash loss on commodity contracts, net..............................................................................................................................................121227Non-cash foreign exchange (gain)/loss, net ..............................................................................................................................................(6,468)19,854Non-cash stock-based compensation.........................................................................................................................................................4,2871,771(Gain)/loss on sale of property, plant, and equipment ..............................................................................................................................(133)318Provision for credit losses .........................................................................................................................................................................2,4002,480Deferred income taxes...............................................................................................................................................................................591(11,697)Changes in assets and liabilities, net of the effects of acquisitions:..........................................................................................................Accounts and equipment financing receivables, net............................................................................................................................(9,922)(11,351)Accounts receivable - restricted for securitization investors ...............................................................................................................(23,810)(32,665)Inventories, net.....................................................................................................................................................................................(693)(14,036)Inventories, net - related party .............................................................................................................................................................(236)154Equipment financing receivables, net - restricted for securitization investors ....................................................................................(33,830)(13,043)Other assets ..........................................................................................................................................................................................7,686(4,244)Accounts payable .................................................................................................................................................................................40,84723,346Accounts payable - related parties .......................................................................................................................................................(61)158Other liabilities ....................................................................................................................................................................................249(15,754)Net cash provided by operating activities.......................................................................................................................................................146,13950,697Cash flows from investing activities:Capital expenditures........................................................................................................................................................................................(13,873)(16,597)Acquisition of businesses, net of cash acquired..............................................................................................................................................(3,185)(3,084)Proceeds on disposition of assets....................................................................................................................................................................296137Originations of equipment financing receivables, net - restricted for securitization investors ......................................................................(32,094)(40,516)Collections of equipment financing receivables, net - restricted for securitization investors ........................................................................35,27335,949Net cash used in investing activities..........................................................................................................................................................(13,583)(24,111)Cash flows from financing activities:Payments on long-term borrowings ................................................................................................................................................................(115,000) - Cash paid for debt establishment and amendment fees .................................................................................................................................. - (1,877)Increase in asset backed borrowings owed to securitization investors ...........................................................................................................107,824116,622Decrease in asset backed borrowings owed to securitization investors..........................................................................................................(85,371)(87,124)Repurchase of common stock ......................................................................................................................................................................... - (2,342)Taxes paid related to net share settlement of stock options............................................................................................................................(8,684)(70)Net proceeds from stock options exercised ....................................................................................................................................................2,86425Proceeds from common stock issuance under employee purchase plan ........................................................................................................209 - Net cash (used in)/provided by financing activities ..................................................................................................................................(98,158)25,234Effect of exchange rate changes on cash, cash equivalents, and restricted cash..................................................................................................(663)1,595Increase in cash, cash equivalents, and restricted cash ........................................................................................................................................33,73553,415Cash, cash equivalents, and restricted cash at beginning of period .....................................................................................................................149,703188,042Cash, cash equivalents, and restricted cash at end of period................................................................................................................................$183,438$241,457Reconciliation of cash, cash equivalents, and restricted cash to the Condensed Consolidated Balance Sheets:Cash and cash equivalents ..............................................................................................................................................................................$159,467$222,587Restricted cash ................................................................................................................................................................................................1,6821,689Restricted cash - for securitization investors ..................................................................................................................................................22,28917,181Total cash, cash equivalents, and restricted cash shown in the Statement of Cash Flows........................................................................$183,438$241,457Supplemental disclosure of cash flow information:Cash paid for interest ......................................................................................................................................................................................$41,661$76,651Cash paid for interest - to securitized investors ..............................................................................................................................................$15,074$15,517Cash paid for income taxes .............................................................................................................................................................................$33,117$30,593Supplemental disclosure of investing and financing non-cash activities:Capital expenditures included in accounts payable ........................................................................................................................................$4,533$1,905 EBITDA Margin: adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) and Net Alliance Laundry Reports Second Quarter 2026 Results or similar expressions, and variations or negatives of these words, but the absence of these words does Margin expansion from volume leverage, operational excellence, and supply chain efficiency was Leverage guidance. Revenue guidance remains unchanged. manage our operations, including identifying trends affecting our business, formulating business plans Three Months Ended June 30,Six Months Ended June 30,2026202520262025Net revenues:Equipment, service parts and other ....................$464,206$434,754$878,912$812,472Equipment financing ..........................................12,54912,43024,73024,285Net revenues ..........................................................476,755447,184903,642836,757Costs and expenses: ...............................................Cost of sales .......................................................277,389262,710536,852498,256Cost of sales - related parties .............................2,1351,6353,8053,082Equipment financing expenses ..........................7,3358,65015,90016,209Gross profit ............................................................189,896174,189347,085319,210Selling, general, and administrative expenses .......84,13980,264157,467150,727Selling, general, and administrative expenses - related parties.......................................................10975164150Total operating expenses .......................................84,24880,339157,631150,877Operating income...............................................105,64893,850189,454168,333Interest expense, net ..............................................17,80939,37635,69784,288Other expenses/(income), net ................................713,787(6,463)20,908Income before taxes ...........................................87,83240,687160,22063,137Provision for income taxes ....................................19,1639,65334,63514,874Net income .........................................................$68,669$31,034$125,585$48,263Comprehensive income:Net income .........................................................$68,669$31,034$125,585$48,263Foreign currency translation adjustment ..........(1,161)36,447(13,764)53,186Comprehensive income ..................................$67,508$67,481$111,821$101,449Net incomeBasic....................................................................$0.35$0.18$0.63$0.28Diluted ................................................................$0.34$0.18$0.62$0.28Weighted average number of common shares outstandingBasic....................................................................198,570170,712198,222170,671Diluted ................................................................203,554174,886203,420174,763 income margin to Adjusted EBITDA margin: (Unaudited)(in thousands)Six Months Ended June 30, 2026Add: Year Ended December 31, 2025Less: Six Months Ended June 30, 2025LTM June 30, 2026Net income$125,585$101,755$48,263$179,077Provision for income taxes34,63536,27914,87456,040Interest expense, net35,697150,50184,288101,910Depreciation and amortization44,72393,70145,95892,466Refinancing and debt related costs53,6791,0542,630Foreign exchange (gain)/loss on intercompany loans, net(6,468)25,15219,854(1,170)Share-based compensation5,40319,7791,77123,411Strategic transaction costs3,2215,6273,0445,804Adjusted EBITDA$242,801$436,473$219,106$460,168 not mean that a statement is not forward-looking. Forward-looking statements represent our (Unaudited)Three Months Ended June 30,Six Months Ended June 30,(in thousands)2026202520262025North AmericaSegment net revenues$359,258$329,095$679,077$621,414Segment adjusted EBITDA$113,632$96,802$200,560$177,578Segment adjusted EBITDA margin31.6%29.4%29.5%28.6%InternationalSegment net revenues$117,497$118,089$224,565$215,343Segment adjusted EBITDA$33,948$36,894$66,506$65,694Segment adjusted EBITDA margin28.9%31.2%29.6%30.5% partially offset by legal expense and incremental public company costs net of discrete benefits in the and making strategic decisions. We believe that non-GAAP measures provide an additional way of
Second Quarter 2026 Highlights:
management’s beliefs and assumptions only as of the date of this press release. You should read this quarter from tariff refunds and insurance proceeds. Revenue growth guidance versus prior year remains at +6% to 7%. Adjusted EBITDA growth has viewing aspects of our operations that, when viewed together with our GAAP results, provide a more (Unaudited)Three Months Ended June 30,Six Months Ended June 30,(in thousands, except percentages)2026202520262025Net income$68,669$31,034$125,585$48,263Provision for income taxes19,1639,65334,63514,874Interest expense, net17,80939,37635,69784,288Depreciation and amortization22,21922,64444,72345,958Refinancing and debt related costs - (2)51,054Foreign exchange (gain)/loss on intercompany loans, net713,789(6,468)19,854Share-based compensation3,5087685,4031,771Strategic transaction costs2,4062,1823,2213,044Adjusted EBITDA133,781119,444242,801219,106Net revenues476,755447,184903,642836,757Net income margin14.4%6.9%13.9%5.8%Adjusted EBITDA margin28.1%26.7%26.9%26.2% All results are for the second quarter of fiscal 2026, and comparisons are year-over-year unless otherwise noted press release with the understanding that our actual future results may be materially different from been raised to +8% to 10%, from the prior range of +7% to 8%, as the Company realizes the benefit of complete understanding of our results of operations and the factors and trends affecting our business. what we expect. All statements other than statements of historical fact are statements that could be •Net revenue of $477 million, up 7% CASH FLOW AND BALANCE SHEET price and volume increases alongside the realization of continued cost-down initiatives. The Company These non-GAAP financial measures are also used by our management to evaluate financial results deemed forward-looking statements, which include but are not limited to: expectations relating to •Net income of $69 million, an increase of 121%; Adjusted Net income of $83 million, an also expects revenue performance to be fairly consistent between quarters across the second half of and to plan and forecast future periods. Non-GAAP financial measures should be considered a revenues and other financial or business metrics; statements regarding the Company’s plans, guidance, increase of 55% Operating cash flow for the quarter was $66.3 million, up from $5.3 million in the prior year quarter, 2026. We expect margin expansion will be weighted more towards the fourth quarter given the supplement to, and not a substitute for, or superior to, the corresponding measures calculated in growth, execution, costs and cost savings and any other statements of expectation or belief. These •Adjusted EBITDA of $134 million, up 12% reflecting strong operating cash conversion and continued working capital discipline, consistent with geographic mix of business and normal seasonal patterns. The Company now anticipates achieving net accordance with GAAP. Non-GAAP financial measures used by us may differ from the non-GAAP statements are subject to known and unknown risks, uncertainties and other factors that may cause our •Repaid $50 million in debt; Net Leverage reduced to 2.4x the Company’s historical performance. The Company paid down $50 million in debt during the second leverage of 2.0x in fiscal year 2026, absent any other capital allocation opportunities, down from the measures used by other companies, including our competitors. actual results, levels of activity, performance or achievements to differ materially from results •Raises full year 2026 Adjusted EBITDA guidance to +8% to 10% growth versus prior year quarter. This coupled with the $65 million paid down in the first quarter resulted in total debt of $1.25 prior disclosure of low 2x range. Interest is now expected to total approximately $80 million for 2026, expressed or implied in this press release. Such risk factors include, but are not limited to, those related ___________________________________________________________________ billion and net debt of $1.09 billion as of June 30, 2026. Net Leverage decreased to 2.4x, a reduction and we forecast a lower effective tax rate of 23.0%. Capital Expenditures and share count guidance “Adjusted EBITDA” represents Net income before provision for income taxes, interest expense, to: the high degree of competition in the markets in which we operate; our reliance on the performance of 0.2 turns from March 31, 2026, and down 0.4 turns from prior year end. assumptions remain unchanged. depreciation and amortization and is further adjusted to exclude certain expenses not representative of of distributors, route operators, suppliers, retailers and servicers; our ability to achieve and maintain a RIPON, Wis., August 13, 2026 - Alliance Laundry Holdings Inc. (NYSE: ALH) (“Alliance” or the our ongoing operations and other charges not involving cash outlays and “Adjusted EBITDA Margin” high level of product and service quality; fluctuations in the cost and availability of raw materials; our “Company”), the global leader in commercial laundry equipment, today announced results for its SECOND QUARTER 2026 RESULTS BY REPORTABLE SEGMENT Updated 2026 Guidance(Previous)Revenue Growth+6% to 7%Adjusted EBITDA Growth+8% to 10%(+7% to 8%)Net Leverage2.0x by year end (Low 2x)Capital Expenditures (% of Revenue)~3% Effective Tax Rate~23.0%(~23.5%)Interest Expense~$80 million(~$85 million)Diluted Share Count~205 million represents Adjusted EBITDA divided by Net revenues. (Unaudited)Six Months Ended June 30, 2026Six Months Ended June 30, 2025(in thousands)North AmericaInternationalTotalNorth AmericaInternationalTotalNet revenues$679,077$224,565$903,642$621,414$215,343$836,757Cost of sales(1)419,346135,187387,455128,421Other segment items(2)59,17122,87256,38121,228Segment Adjusted EBITDA$200,560$66,506$267,066$177,578$65,694$243,272Reconciling items:Interest expense, net(35,697)(84,288)Depreciation and amortization(44,723)(45,958)Refinancing and debt related costs(5)(1,054)Foreign exchange gain/(loss) on intercompany loans, net6,468(19,854)Share-based compensation(5,403)(1,771)Strategic transaction costs(3,221)(3,044)Corporate and other(24,265)(24,166)Income before taxes$160,220$63,137 exposure to international markets, particularly emerging markets; our exposure to costs and difficulties second quarter ended June 30, 2026. of acquiring and integrating complementary businesses and technologies; and our exposure to North America revenue increased 9% to $359 million, with Adjusted EBITDA up 17% to $114 “Adjusted Net income” represents Net income adjusted to exclude certain expenses not The following table presents a reconciliation of Debt to Net Debt and Net Debt to Adjusted EBITDA: worldwide economic conditions and potential global economic downturns. “Our performance this quarter, including the revenue growth and profitability we delivered, million and Adjusted EBITDA Margin of 31.6%. Growth was broad-based across all end markets, representative of our ongoing operations and other charges. These adjustments include, but are not demonstrates the strength and durability of our business model that is rooted in diversification across supported by demand mix shift toward larger-capacity machines in the Vended market. Multi-Housing limited to, refinancing and debt related costs, share-based compensation, strategic transaction costs, (Unaudited)(in thousands)June 30, 2026December 31, 2025Term loan$1,250,000$1,365,000Finance lease obligations175236Debt1,250,1751,365,236Less: Cash and cash equivalents(159,467)(123,102)Net debt$1,090,708$1,242,134LTM adjusted EBITDA$460,168$436,473Net Debt to Adjusted EBITDA2.4x2.8x Additional information concerning these and other risks and uncertainties are contained in the section all three dimensions: product, end markets and geography," said Michael Schoeb, CEO of Alliance. and On-Premise delivered solid results, reflecting the continued predictable replacement demand of intangible amortization, foreign exchange on intercompany loans and other non-recurring items. entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended “The resilient, replacement-driven nature of demand in our industry, combined with our market- this end-market. Commercial-in-Home posted strong growth as consumers continue to seek products The following table presents a reconciliation of Net income to Adjusted net income: December 31, 2025. Additional information will be made available in our quarterly reports on Form leading product solutions and several compelling growth drivers, underpins our optimism for the years with higher reliability, longer life and durability consistent with our commercial customers. Pricing “Net Debt” represents our total debt less Cash and cash equivalents. 10-Q, and other filings and reports that we may file from time to time with the SEC. Except as ahead and our commitment to long-term shareholder value. Our strong first half performance, actions offset cost inflation and tariff exposure, with the Company’s in-market manufacturing footprint (Unaudited)Three Months Ended June 30,Six Months Ended June 30,(in thousands, except per share data)2026202520262025Net income$68,669$31,034$125,585$48,263Amortization of intangible assets11,70012,31023,52425,434Refinancing and debt related costs - (2)51,054Foreign exchange (gain)/loss on intercompany loans, net713,789(6,468)19,854Share-based compensation3,5087685,4031,771Strategic transaction costs2,4062,1823,2213,044 Tax effect of add backs(3,623)(6,676)(5,254)(11,761)Adjusted net income$82,667$53,405$146,016$87,659Net income per share attributable to common stockholders - diluted:$0.34$0.18$0.62$0.28Adjusted net income per share attributable to common stockholders - diluted:$0.41$0.31$0.72$0.50 required by law, we assume no obligation, and do not intend to, update these forward-looking combined with our visibility into the remainder of the year, provides the foundation to raise our and supply chain providing structural protection. “Net Debt to Adjusted EBITDA” or “Net Leverage” represents total debt less Cash and cash statements, or to update the reasons actual results could differ materially from those anticipated in earnings guidance and firm up our deleveraging target.” equivalents divided by Adjusted EBITDA for the relevant period. these forward-looking statements, even if new information becomes available in the future. International revenue was approximately flat at $117 million, and Adjusted EBITDA decreased by CONFERENCE CALL INFORMATION Refer to the "Non-GAAP Financial Measures" section for additional information regarding forward-looking non-GAAP financial 8% to $34 million resulting in an Adjusted EBITDA Margin of 28.9%. Asia Pacific continued to see SEGMENT INFORMATION measures. A reconciliation of non-GAAP measures is contained in the appendix to this press release. ALLIANCE LAUNDRY SYSTEMS CONTACTS: strong growth, particularly in burgeoning markets. Europe delivered steady performance across all end Alliance will host a conference call to discuss these results at 8:00 a.m. Eastern Time today, markets, powered by the ongoing replacement and upgrade cycle. The Middle East & Africa region, Our business is organized into two reportable segments, North America and International. The August 13, 2026.
which makes up less than 2% of global revenue, continued to experience reduced activity due to the Company uses Segment net revenues, Segment Adjusted EBITDA and Segment Adjusted EBITDA Tom Gelston on-going conflict in the Middle East. The EBITDA impact reflects the geographic mix of the business, Margin as its measures of performance. The Company allocates certain costs including manufacturing A live audio webcast will be available on Alliance’s Investor Relations website at https:// Net revenue increased 7% to $477 million compared to $447 million in the prior year quarter. Pricing Vice President, Investor Relations & Corporate Development as well as the ongoing investment in people and products in emerging international markets to enable variances, customer support expenses and selling and general expenses which are incurred in our ir.alliancelaundry.com/news-events/ir-calendar. A replay of the webcast will be available after the call. (1)Consists of Cost of sales, Cost of sales - related parties and Equipment financing expenses for North America and Cost of sales actions to offset cost increases contributed slightly more than half of the benefit, with the balance thomas.gelston@alliancels.com and Cost of sales - related parties for International. future growth. global operations to the reportable segments in determining Segment Adjusted EBITDA. driven by unit volume and mix. Broad-based growth in North America was slightly offset by flat (2)Other segment items for each reportable segment includes allocated engineering, sales and marketing, information technology,
ABOUT ALLIANCE LAUNDRY
and certain other overhead expenses. International Segment results. The majority of international markets performed as expected, with
UPDATED 2026 FULL YEAR GUIDANCE We define “Segment Adjusted EBITDA” as, on a segment basis, net income excluding interest particular strength in the Asia Pacific region. Randy Radtke Alliance Laundry makes the world cleaner as a provider of the highest quality commercial laundry income/expense, income taxes, depreciation and amortization. Segment Adjusted EBITDA is also Senior Manager of Content and Creative Services systems. Our laundry solutions are available under five respected brands, sold and supported by a The Company’s outlook includes Adjusted EBITDA and Net Leverage, which are non-GAAP adjusted for the discrete items that management excluded in analyzing the segments’ operating Gross profit increased 9% to $190 million, representing a gross margin of 39.8%, and an approximate randy.radtke@alliancels.com global network of select distributors. We serve approximately 150 countries with a team of more than measures. The Company does not provide certain estimated future results for Adjusted EBITDA and performance, such as refinancing and debt related costs, share-based compensation, strategic 90 basis points increase from the prior year quarter. Pricing actions already in place continue to offset 4,000 employees. Our brands include Speed Queen®, UniMac®, Huebsch®, Primus® and IPSO®. Net Leverage on a GAAP basis because the Company is unable to predict, with reasonable certainty, transaction costs, foreign exchange on intercompany loans and other non-recurring items which the Company’s tariff exposure and other inflationary increases, with our local-for-local manufacturing Together, they present a full line of commercial washing machines, dryers, and ironers (with load certain items that are excluded from Adjusted EBITDA, including but not limited to restructuring and management believes are not indicative of the Company’s ongoing operating performance. Segment footprint continuing to provide a meaningful structural advantage. capacities from 20 - 400 lb. or 9 - 180 kg.) and support service. You can also enjoy the superior wash acquisition-related charges, non-cash asset impairment charges and gains or losses from dispositions Adjusted EBITDA is a measure of operating performance of our reportable segments and may not be and fabric care of commercial-grade laundry equipment in your home through our legendary Speed and foreign exchange gains/losses on intercompany loans. These items are uncertain and will depend comparable to similar measures reported by other companies. Net income was $69 million compared to $31 million in the prior year quarter, with Net income Queen® washers and dryers. on several factors, including industry conditions, and could be material to the Company’s results margin of 14.4%. Adjusted Net income increased approximately 55% to $83 million versus $53 computed in accordance with GAAP. The Company has not provided reconciliations between the million in the prior year quarter. The year-over-year change reflects the growth in operating earnings For more information, visit www.alliancelaundry.com.
Contacts
SECOND QUARTER 2026 CONSOLIDATED RESULTS Investor Contact: