Skip to main content

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Back to top

TOMI Environmental Solutions Reports 124% Year-Over-Year Revenue Growth in Preliminary Q2 2026 Results

TOMI Environmental Solutions reported a 124% revenue increase in Q2 2026, driven by strong demand for its disinfection solutions.

Quiver AI Summary

TOMI Environmental Solutions, Inc. announced strong preliminary results for Q2 2026, with total revenue reaching approximately $2.3 million, a 124% increase from the previous year. The company's razor-and-blade business model is thriving, driven by the growing installation of SteraMist iHP systems and recurring revenue from BIT solutions and consumables. Notable revenue increases were seen across various segments, including Mobile Capital Equipment, Accessories, and Support Services. TOMI's SteraMist technology was recognized as the Disinfection and Decontamination Products Company of the Year for 2026, reinforcing its leadership in biosecurity. The company has also expanded its product offerings, including new iHP enclosure solutions, and secured significant orders, including a customized NV+ system for a major healthcare facility. Additionally, TOMI has broadened its global presence by adding new distributors and expanding partnerships in response to heightened public health demands.

Potential Positives

  • Record revenue of approximately $2.3 million in Q2 2026, representing a 124% year-over-year increase, and surpassed full-year 2025 revenue with open orders of $6.2 million.
  • Gross margin expanded to 70%, up from 66% in the prior-year quarter, indicating improved profitability.
  • SteraMist brand recognized as the Disinfection and Decontamination Products Company of the Year for 2026, affirming its leadership in biosecurity sectors globally.
  • Expanded global reach with three new distributors, enhancing TOMI's commercial footprint in the U.S., South Africa, and Argentina, and increasing demand from U.S. health departments for public health preparedness initiatives.

Potential Negatives

  • Despite strong preliminary revenue growth of 124% year-over-year, the overall revenue figure of $2.3 million may still be considered low for a company in the health tech sector, potentially raising concerns about scalability and long-term growth.
  • The reliance on a single or few products for a majority of revenues poses a significant risk, as indicated in the forward-looking statements, which could affect sales stability and vulnerability to market fluctuations.
  • The mention of forward-looking statements emphasizes risks and uncertainties, which may cause potential investors to be cautious about the company's future performance and growth trajectory.

FAQ

What were TOMI Environmental Solutions' second quarter 2026 revenue figures?

Total revenue for the second quarter was approximately $2.3 million, marking a 124% increase year-over-year.

What is the main driver of TOMI's high-margin revenue?

The high-margin revenue is primarily generated from BIT Solution consumables and the SteraMist iHP systems.

How did TOMI's gross margin change in the second quarter?

Gross margin expanded to 70% in the second quarter, up from 66% in the prior-year quarter.

What recognition did SteraMist receive in 2026?

SteraMist was named the Disinfection and Decontamination Products Company of the Year for 2026 by Medical Tech Outlook.

What new product did TOMI launch in the healthcare vertical?

TOMI launched the NV+ system, which was sold in a customized configuration to a major healthcare facility in Minnesota.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


EARLY ACCESS
Receive TOMZ Data Alerts
Real-time alerts on filings, insider trades, and market signals — before everyone else.
Get Alerts →

$TOMZ Revenue

TOMZ Quarterly Revenue

$TOMZ had revenues of $1.7M in Q1 2026. This is an increase of 4.93% from the same period in the prior year.

You can track TOMZ financials on Quiver Quantitative's TOMZ stock page.

You can access data on TOMZ stock through the Quiver Quantitative API.

$TOMZ Hedge Fund Activity

We have seen 2 institutional investors add shares of $TOMZ stock to their portfolio, and 8 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 66,827 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $36,962
  • RENAISSANCE TECHNOLOGIES LLC removed 22,700 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $12,555
  • DRW SECURITIES, LLC removed 16,558 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,158
  • XTX TOPCO LTD removed 11,315 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $6,258
  • GEODE CAPITAL MANAGEMENT, LLC removed 5,664 shares (-4.2%) from their portfolio in Q1 2026, for an estimated $3,132
  • UBS GROUP AG added 1,562 shares (+62.5%) to their portfolio in Q1 2026, for an estimated $863
  • CITIGROUP INC removed 907 shares (-98.3%) from their portfolio in Q1 2026, for an estimated $501

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Full Release

FREDERICK, Md., July 09, 2026 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ), a global leader in disinfection and decontamination solutions, today reported robust preliminary second-quarter 2026 results that demonstrate accelerating momentum in its high-margin razor-and-blade business model. The Company continues to expand its installed base of SteraMist iHP systems while generating recurring, high-margin revenue from BIT Solution and related consumables.

Record Revenue Momentum
Total revenue for the second quarter reached approximately $2.3 million, representing a 124% increase year-over-year. Combined with open orders of $6.2 million, TOMI has already surpassed its full-year 2025 revenue, demonstrating the powerful scalability of its strategic initiatives across equipment, services, and consumables into different areas and expanding market presence.

Key 2Q26 financial highlights include:

  • Mobile Capital Equipment revenue surged 186% to $777,000 from $271,000 in the prior-year quarter.
  • Accessories revenue increased 91% to $200,000 from $104,000 in the prior-year quarter.
  • Support Services revenue increased 67% to $195,000 from $116,000 in the second quarter of 2025; including open orders, Support Services revenue has already surpassed the full-year 2025 total ($581,000 versus $346,000).
  • Applicator sales increased to $355,000 from $13,000 in the prior-year quarter, validating the targeted SteraMist applicator initiative.
  • BIT Solution revenue grew 35% to $304,000 from $224,000 in the prior-year quarter; including open orders, mid-year BIT Solution sales exceed $700,000.
  • Gross margin expanded to 70% from 66% in the prior-year quarter.

U.S. service provider rental activity increased 60% compared with all of 2025, driven by rising demand for flexible, on-demand iHP deployment amid heightened cleaning requirements and the need for rapid-response capabilities without large capital outlays.

Industry-Leading Recognition
SteraMist was named the Disinfection and Decontamination Products Company of the Year for 2026, awarded by the Medical Tech Outlook. This marks back-to-back global victories for the SteraMist brand, reinforcing its absolute efficacy and tech-forward leadership across modern biosecurity sectors worldwide across pharmaceuticals, healthcare, life sciences, food, and emergency response.

Expanding iHP Enclosure Solutions
TOMI has begun formally tracking a dedicated enclosure category as it scales delivery of iHP decontamination chambers. These advanced systems are now being deployed across medical device manufacturing, broader healthcare settings, and life sciences facilities. Working closely with leading global manufacturers, TOMI is delivering faster, safer, and more efficient decontamination alternatives that reduce cycle times and regulatory risk for both existing and new customers.

NV+ Customized Deployment
The newly launched NV+ system has been sold in a customized configuration to a major healthcare facility in Minnesota, with delivery scheduled for the third quarter. This landmark order highlights growing demand for TOMI’s flexible, facility-specific solutions and is expected to generate meaningful recurring revenue through ongoing BIT Solution and service contracts, further validating the Company’s automation strategy and expanding its footprint in the healthcare vertical.

Strategic Customer Expansion
The prominent American healthcare company that TOMI finalized a custom engineering contract with at INTERPHEX 2026 in April has expanded into a significantly larger automation project late in the quarter, with further phases expected throughout the year.

Demand from U.S. departments of health and special pathogen units increased notably during the period, consistent with heightened national focus on public health preparedness and rapid-response capabilities for emerging pathogens.

TOMI expanded its global reach by adding three new distributors covering the United States, South Africa, and Argentina, along with additional South American territories. These partners span life sciences and emergency services markets, extending the Company’s commercial footprint.

Dr. Halden Shane, CEO of TOMI Environmental Solutions, commented, “The second quarter demonstrates the power of our razor-and-razor blade model in action. We have commercialized iHP technology across a full suite of offerings—from mobile capital equipment and fully automated, customized permanent systems to global service deployment. High-margin, recurring consumables such as BIT Solution and accessories continue to drive sustainable revenue this year. Our open orders have exceeded last year’s total revenue, signaling strong adoption and recurring demand. With a robust pipeline in automation and public health, we are expanding into new verticals while leveraging our proven economic model. This approach is consistent with companies like Gillette, Keurig and Hewlett Packard, along with others that monetize through installed bases and proprietary consumables”.

For more information about SteraMist and TOMI Environmental Solutions, visit SteraMist.com.

About TOMI™ Environmental Solutions, Inc.: Innovating for a safer world®

TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ ) is a global decontamination and infection prevention company, providing environmental solutions for indoor surface disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage Hydrogen Peroxide as its only active ingredient to produce a fog of ionized Hydrogen Peroxide (iHP™). Represented by the SteraMist® brand of products, iHP™ produces a germ-killing aerosol that works like a visual non-caustic gas.

TOMI products are designed to service a broad spectrum of commercial structures, including, but not limited to, hospitals and medical facilities, cruise ships, office buildings, hotel and motel rooms, schools, restaurants, meat and produce processing facilities, military barracks, police and fire departments, and athletic facilities. TOMI products and services have also been used in single-family homes and multi-unit residences.

TOMI develops training programs and application protocols for its clients and is a member in good standing with The American Biological Safety Association, The American Association of Tissue Banks, Association for Professionals in Infection Control and Epidemiology, Society for Healthcare Epidemiology of America, America Seed Trade Association, and The Restoration Industry Association.

For additional information, please visit https://www.steramist.com or contact us at info@tomimist.com .

Forward-Looking Statements

This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management’s judgment, beliefs, current trends, and anticipated product performance. These forward-looking statements include, without limitation, statements relating to preliminary financial results, including preliminary revenue information, estimated open orders, BIT Solution sales, and estimated total integration pipeline, expected revenue growth in 2026 and beyond, TOMI’s products and services to serve the life sciences sector, and the ability to complete delivery of products and services pursuant to purchase orders. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. These may include, but are not limited to, our ability to acquire new customers and expands sales; our projected revenue and revenue recognized from anticipated future purchase orders, invoiced orders, and contracts, our ability to maintain and manage growth and generate sales (equipment and consumable), our reliance on a single or a few products for a majority of revenues; the general business and economic conditions; and other risks as described in our SEC filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 filed by us with the SEC and other periodic reports we filed with the SEC. The information provided in this document is based upon the facts and circumstances known at this time. Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance, or achievements. You should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and we undertake no duty to update such information, except as required under applicable law.

INVESTOR RELATIONS CONTACT:
John Nesbett/Zach Nevas
IMS Investor Relations
tomi@imsinvestorrelations.com


Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

TOMI Environmental Solutions, Inc. (TOMZ)