Alliance Laundry Holdings Inc. reported financial results for the third quarter of fiscal 2026, which ended September 30, 2026. The company announced net revenues of $461 million for the quarter, a 5% increase compared to the prior year. This growth was driven by volume and mix benefits, as well as pricing actions. Gross profit increased by 12% to $182 million, resulting in a gross margin of 39.4%, which is an increase of approximately 240 basis points from the previous year.
Net income for the quarter was $65 million, with a net income margin of 14.1%. The company reported Adjusted Net income of $76 million and Adjusted EBITDA of $127 million, with an Adjusted EBITDA margin of 27.5%. The company noted that Adjusted EBITDA increased by 14% year-over-year, driven by volume leverage, operational excellence, and supply chain efficiency.
On the balance sheet, operating cash flow for the quarter was $84 million. During the quarter, Alliance paid down $45 million in debt and repurchased $75 million of common stock. As of September 30, 2026, total debt was $1.21 billion, and net debt was $1.07 billion. Net Leverage decreased to 2.25x, down from approximately 2.4x at June 30, 2026.
By segment, North America revenues increased 8% to $356 million, while International revenues decreased 1% to $105 million due to foreign currency fluctuations. Adjusted EBITDA for North America was $115 million, and for International was $27 million.
Alliance Laundry has updated its full-year 2026 guidance. The company maintains its revenue growth guidance of 6% to 7% versus the prior year. Adjusted EBITDA growth guidance has been raised to approximately 10%, the high end of the previous range of 8% to 10%. The company also provided updated Net Leverage guidance of approximately 2.1x by the end of 2026, which includes the $75 million share repurchase completed during the third quarter.
