FreeTheAI

TOMI Environmental Solutions Reports 27% Jump in Q3 Revenue to $2.5 Million

BullishMedium impact
TOMZ$1.57 −1.26%

TOMI Environmental Solutions, Inc. (TOMZ) reported preliminary revenue of $2.5 million for the third quarter of 2026, marking a 27% increase compared to the same period last year. This performance also represents a 13% sequential increase from the second quarter, indicating strengthening sales momentum for the environmental technology provider.

The revenue growth is supported by an expanding backlog, with open orders totaling $2.5 million at the end of the third quarter. Of this backlog, $1.7 million is already booked for the fourth quarter, which helps secure near-term revenue visibility. Currently, the company's combined recognized revenue and backlog stands at $9 million, moving it closer to its annual target.

Investors will be watching to see if the company can achieve its full-year 2026 revenue target of $12 million. Additionally, management expects to reach profitability in the fourth quarter, which would serve as a key milestone for the business if achieved.

Key points

  • Preliminary third-quarter revenue reached $2.5 million, a 27% increase year-over-year.
  • Revenue grew 13% sequentially compared to the second quarter of 2026.
  • Open orders stood at $2.5 million at the end of the third quarter, with $1.7 million booked for the fourth quarter.
  • Combined recognized revenue and backlog reached $9 million against a full-year target of $12 million.
  • Management expects the company to achieve profitability in the fourth quarter.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

How we writeDisclaimer

Questions and answers

What was TOMI Environmental Solutions' revenue in Q3 2026?

Preliminary revenue was $2.5 million, which is a 27% increase year-over-year and a 13% increase sequentially from the second quarter.

What is the company's backlog heading into the fourth quarter?

The company had $2.5 million in open orders at the end of the third quarter, with $1.7 million already booked for the fourth quarter.

Is TOMI Environmental Solutions profitable?

While the company is working toward its goals, management expects to achieve profitability in the fourth quarter of 2026.