Alliance Laundry Q3 net income hits $65 million

Alliance Laundry (NYSE:ALH) reported third-quarter 2026 net income of US$65 million on revenue of US$461 million, while raising its full-year adjusted EBITDA growth outlook to approximately 10%.

Revenue increased 5% from US$438 million in the prior-year quarter, while net income rose from US$33 million and adjusted EBITDA climbed 14% to US$127 million.

Adjusted net income reached US$76 million, up approximately 57% from US$48 million, while operating cash flow increased to US$84 million from US$66 million, and gross profit rose 12% to US$182 million.

Alliance repaid US$45 million in debt and repurchased US$75 million of common stock during the quarter, reducing net leverage to 2.25x from approximately 2.4x in June.

The company maintained its full-year 2026 revenue growth forecast of 6%–7% and raised its adjusted EBITDA growth outlook to approximately 10%, the upper end of its previous 8%–10% range, while projecting year-end net leverage of approximately 2.1x absent other capital allocation opportunities.

Alliance Laundry manufactures commercial laundry equipment and serves customers through North American and international operations, with its product portfolio spanning laundry equipment, service parts and equipment financing.

Its recent financial results included second-quarter 2026 revenue of US$477 million, net income of US$69 million and adjusted EBITDA of US$134 million, alongside US$50 million in debt repayments and an earlier increase in its full-year adjusted EBITDA growth forecast.