Alliance Laundry (ALH) lifts 2026 EBITDA outlook as leverage falls to 2.4x

Rhea-AI Filing Summary

Alliance Laundry Holdings Inc. reported strong results for the quarter ended June 30, 2026. Net revenue rose 7% to $476.8 million, driven by pricing actions and higher volume and mix, with broad-based growth in North America partly offset by flat International performance.

Gross profit increased to $189.9 million, a 39.8% gross margin, up about 90 basis points year over year. Net income more than doubled to $68.7 million with a 14.4% margin, while Adjusted net income grew about 55% to $82.7 million. Adjusted EBITDA rose 12% to $133.8 million, expanding margin to 28.1%.

Operating cash flow for the quarter was $66.3 million. The company repaid $50 million of debt in the quarter, ending with total debt of $1.25 billion, net debt of $1.09 billion and Net Leverage of 2.4x. Full-year 2026 Adjusted EBITDA growth guidance was raised to +8% to 10%, revenue growth guidance was maintained at +6% to 7%, and year-end Net Leverage is now targeted at 2.0x, with expected 2026 interest expense of about $80 million and an effective tax rate of about 23.0%.

Positive

• Net income more than doubled to $68.7 million from $31.0 million, with net income margin rising to 14.4% from 6.9%, indicating significantly improved profitability.
• Adjusted EBITDA increased 12% to $133.8 million and margin expanded to 28.1%, reflecting better operating leverage and cost efficiencies.
• Debt reduction and deleveraging: total debt fell to $1.25 billion, Net Debt to Adjusted EBITDA improved to 2.4x from 2.8x, and the company now targets 2.0x by year-end 2026.
• Raised 2026 guidance: Adjusted EBITDA growth outlook increased to +8% to 10%, while maintaining revenue growth guidance of +6% to 7%, signaling confidence in earnings power.

Negative

• None.

Filing Explained

By June 30, 2026, reported shares outstanding were 198,751,901 versus 197,532,147 at year-end, increasing the ownership base for existing holders.

As a completed August 13, 2026 earnings disclosure under Item 2.02, the filing adds holder-relevant share-count and six-month cash-flow information; the structural effect is a larger reported common-share base alongside documented debt repayment.

The balance sheet reports 198,751,901 common shares issued and outstanding at June 30, 2026, versus 197,532,147 at December 31, 2025. Under the supplied definition, issuing additional shares increases the total share count and reduces an existing holder’s percentage ownership absent offsetting changes.

For the six months ended June 30, 2026, operating cash flow was $146,139 thousand and payments on long-term borrowings were $115,000 thousand; these are period totals and do not establish that all operating cash funded those payments. The filing defines net leverage as total debt less cash divided by relevant Adjusted EBITDA, and identifies Adjusted EBITDA and net leverage as non-GAAP measures rather than substitutes for GAAP results.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Net revenues Q2 2026: $ 476,755 Net income Q2 2026: $ 68,669 Adjusted EBITDA Q2 2026: $ 133,781 +5 more

8 metrics

Net revenues Q2 2026 $ 476,755 Three months ended June 30, 2026 consolidated net revenues

Net income Q2 2026 $ 68,669 Three months ended June 30, 2026 net income

Adjusted EBITDA Q2 2026 $ 133,781 Three months ended June 30, 2026 Adjusted EBITDA

Operating cash flow H1 2026 $ 146,139 Net cash provided by operating activities for six months ended June 30, 2026

Total debt $ 1,250,175 Debt as of June 30, 2026 including finance lease obligations

Net debt $ 1,090,708 Net debt as of June 30, 2026 after cash and cash equivalents

Net Debt to Adjusted EBITDA 2.4 x Leverage ratio as of June 30, 2026 based on LTM Adjusted EBITDA

2026 Adjusted EBITDA growth guidance +8% to 10% Full-year 2026 Adjusted EBITDA growth versus prior year

Key Terms

Adjusted EBITDA, Net Leverage, non-GAAP financial measures, Segment Adjusted EBITDA, +1 more

5 terms

Adjusted EBITDA financial

"Adjusted EBITDA increased 12% to $134 million, with Adjusted EBITDA Margin of 28.1%"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

Net Leverage financial

"Net Leverage decreased to 2.4x, a reduction of 0.2 turns from March 31, 2026"

Net leverage measures how many years it would take for a company to pay off its outstanding debt using its annual operating cash flow, after subtracting cash on hand from total debt. Think of it like a household’s mortgage balance minus savings divided by yearly income; a lower number means the company is in a safer position to handle debt, while a higher number signals greater financial risk and potential pressure on profits or growth.

non-GAAP financial measures financial

"We regularly review non-GAAP financial measures to evaluate our business"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

Segment Adjusted EBITDA financial

"The Company uses Segment net revenues, Segment Adjusted EBITDA and Segment Adjusted EBITDA Margin"

Segment adjusted EBITDA is a measure of how much profit a specific part of a company generates from its everyday operations, before counting interest, taxes, depreciation, amortization and one‑off items. Investors use it like checking the fuel efficiency of one car in a fleet: it helps compare which business lines truly earn money, evaluate trend performance, and decide where to invest or cut costs without distortions from financing or accounting choices.

asset backed borrowings financial

"Asset backed borrowings - owed to securitization investors"

Earnings Snapshot

Net revenues: $ 476,755 · Guidance included

Quarter ended June 30, 2026

Net revenues $ 476,755 +7% year-over-year

Net income $ 68,669 +121% year-over-year

Adjusted EBITDA $ 133,781 +12% year-over-year

Adjusted net income $ 82,667 +55% year-over-year

Guidance

For 2026, revenue growth is guided at +6% to 7%, Adjusted EBITDA growth at +8% to 10%, and year-end Net Leverage targeted at 2.0x, with expected interest expense of about $80 million and an effective tax rate of about 23.0%.

FAQ

How did Alliance Laundry Holdings (ALH) perform in Q2 2026?

Alliance Laundry reported Q2 2026 net revenue of $476.8 million, up 7% year over year, and net income of $68.7 million, up 121%. Adjusted EBITDA rose 12% to $133.8 million, with margin improving to 28.1%.

What were Alliance Laundry Holdings (ALH) segment results for Q2 2026?

In Q2 2026, North America revenue grew 9% to $359.3 million with Adjusted EBITDA up 17% to $113.6 million. International revenue was flat at $117.5 million and Adjusted EBITDA declined 8% to $33.9 million.

How much debt does Alliance Laundry Holdings (ALH) have and what is its leverage?

As of June 30, 2026, Alliance Laundry had total debt of $1.25 billion and net debt of $1.09 billion. Net Debt to Adjusted EBITDA was 2.4x, down from 2.8x, and the company targets 2.0x by year-end 2026.

What is Alliance Laundry Holdings’ (ALH) 2026 guidance?

For 2026, Alliance Laundry guides to revenue growth of +6% to 7% and raised Adjusted EBITDA growth to +8% to 10%. It expects year-end Net Leverage of 2.0x, interest expense of about $80 million, and an effective tax rate of about 23.0%.

How strong was Alliance Laundry Holdings’ (ALH) cash flow in the first half of 2026?

Net cash provided by operating activities for the first half of 2026 was $146.1 million, up from $50.7 million a year earlier. Q2 2026 operating cash flow alone was $66.3 million, reflecting improved earnings and working capital discipline.

How did Adjusted net income for Alliance Laundry Holdings (ALH) change in Q2 2026?

Q2 2026 Adjusted net income was $82.7 million, up about 55% from $53.4 million in Q2 2025. Adjusted diluted EPS increased to $0.41 from $0.31, driven by higher operating income and lower interest expense.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Understanding 8-K Material Events →

Available on EDGAR 08/13/2026 - 07:12 AM Accepted by SEC EDGAR 08/13/2026 - 07:12 AM Learn about SEC filing dates

0001317685FALSE00013176852026-05-132026-05-13

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 13, 2026

Alliance Laundry Holdings Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-42897	98-0444708
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
221 Shepard Street
Ripon, Wisconsin		54971
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (920) 748-3121

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant

under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		ALH		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933

(§230.405 of this Chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.02 - Results of Operations and Financial Condition

On August 13, 2026, Alliance Laundry Holdings Inc. issued a press release providing information regarding

earnings for the second quarter of 2026. A copy of the press release is attached hereto as Exhibit 99.1.

The information contained in this Item 2.02 of this Current Report, including Exhibit 99.1 attached hereto,

shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the

“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by

reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act,

except as expressly provided by specific reference in such a filing.

Item 9.01.Financial Statements and Exhibits.

(d)Exhibits

Exhibit No.		Description
99.1		Press Release, dated August 13, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this

report to be signed on its behalf by the undersigned hereunto duly authorized.

			ALLIANCE LAUNDRY HOLDINGS INC.
Date: August 13, 2026
		By:	/s/ Michael D. Schoeb
			Name: Michael D. Schoeb
			Title: Chief Executive Officer

Exhibit 99.1

Alliance Laundry Reports Second Quarter 2026 Results

Second Quarter 2026 Highlights:

All results are for the second quarter of fiscal 2026, and comparisons are year-over-year unless otherwise noted

•Net revenue of $477 million, up 7%

•Net income of $69 million, an increase of 121%; Adjusted Net income of $83 million, an

increase of 55%

•Adjusted EBITDA of $134 million, up 12%

•Repaid $50 million in debt; Net Leverage reduced to 2.4x

•Raises full year 2026 Adjusted EBITDA guidance to +8% to 10% growth versus prior year 1

___________________________________________________________________

RIPON, Wis., August 13, 2026 – Alliance Laundry Holdings Inc. (NYSE: ALH) (“Alliance” or the

“Company”), the global leader in commercial laundry equipment, today announced results for its

second quarter ended June 30, 2026.

“Our performance this quarter, including the revenue growth and profitability we delivered,

demonstrates the strength and durability of our business model that is rooted in diversification across

all three dimensions: product, end markets and geography," said Michael Schoeb, CEO of Alliance.

“The resilient, replacement-driven nature of demand in our industry, combined with our market-

leading product solutions and several compelling growth drivers, underpins our optimism for the years

ahead and our commitment to long-term shareholder value. Our strong first half performance,

combined with our visibility into the remainder of the year, provides the foundation to raise our

earnings guidance and firm up our deleveraging target.”

1 Refer to the "Non-GAAP Financial Measures" section for additional information regarding forward-looking non-GAAP financial

measures. A reconciliation of non-GAAP measures is contained in the appendix to this press release.

SECOND QUARTER 2026 CONSOLIDATED RESULTS

Net revenue increased 7% to $477 million compared to $447 million in the prior year quarter. Pricing

actions to offset cost increases contributed slightly more than half of the benefit, with the balance

driven by unit volume and mix. Broad-based growth in North America was slightly offset by flat

International Segment results. The majority of international markets performed as expected, with

particular strength in the Asia Pacific region.

Gross profit increased 9% to $190 million, representing a gross margin of 39.8%, and an approximate

90 basis points increase from the prior year quarter. Pricing actions already in place continue to offset

the Company’s tariff exposure and other inflationary increases, with our local-for-local manufacturing

footprint continuing to provide a meaningful structural advantage.

Net income was $69 million compared to $31 million in the prior year quarter, with Net income

margin of 14.4%. Adjusted Net income increased approximately 55% to $83 million versus $53

million in the prior year quarter. The year-over-year change reflects the growth in operating earnings

plus approximately $22 million in lower interest expense following significant debt reduction of $825

million over the past twelve months.

Adjusted EBITDA increased 12% to $134 million, with Adjusted EBITDA Margin of 28.1%,

representing an approximate 135 basis point increase in profitability versus the prior year quarter.

Margin expansion from volume leverage, operational excellence, and supply chain efficiency was

partially offset by legal expense and incremental public company costs net of discrete benefits in the

quarter from tariff refunds and insurance proceeds.

CASH FLOW AND BALANCE SHEET

Operating cash flow for the quarter was $66.3 million, up from $5.3 million in the prior year quarter,

reflecting strong operating cash conversion and continued working capital discipline, consistent with

the Company’s historical performance. The Company paid down $50 million in debt during the second

quarter. This coupled with the $65 million paid down in the first quarter resulted in total debt of $1.25

billion and net debt of $1.09 billion as of June 30, 2026. Net Leverage decreased to 2.4x, a reduction

of 0.2 turns from March 31, 2026, and down 0.4 turns from prior year end.

SECOND QUARTER 2026 RESULTS BY REPORTABLE SEGMENT

North America revenue increased 9% to $359 million, with Adjusted EBITDA up 17% to $114

million and Adjusted EBITDA Margin of 31.6%. Growth was broad-based across all end markets,

supported by demand mix shift toward larger-capacity machines in the Vended market. Multi-Housing

and On-Premise delivered solid results, reflecting the continued predictable replacement demand of

this end-market. Commercial-in-Home posted strong growth as consumers continue to seek products

with higher reliability, longer life and durability consistent with our commercial customers. Pricing

actions offset cost inflation and tariff exposure, with the Company’s in-market manufacturing footprint

and supply chain providing structural protection.

International revenue was approximately flat at $117 million, and Adjusted EBITDA decreased by

8% to $34 million resulting in an Adjusted EBITDA Margin of 28.9%. Asia Pacific continued to see

strong growth, particularly in burgeoning markets. Europe delivered steady performance across all end

markets, powered by the ongoing replacement and upgrade cycle. The Middle East & Africa region,

which makes up less than 2% of global revenue, continued to experience reduced activity due to the

on-going conflict in the Middle East. The EBITDA impact reflects the geographic mix of the business,

as well as the ongoing investment in people and products in emerging international markets to enable

future growth.

UPDATED 2026 FULL YEAR GUIDANCE

The Company’s outlook includes Adjusted EBITDA and Net Leverage, which are non-GAAP

measures. The Company does not provide certain estimated future results for Adjusted EBITDA and

Net Leverage on a GAAP basis because the Company is unable to predict, with reasonable certainty,

certain items that are excluded from Adjusted EBITDA, including but not limited to restructuring and

acquisition-related charges, non-cash asset impairment charges and gains or losses from dispositions

and foreign exchange gains/losses on intercompany loans. These items are uncertain and will depend

on several factors, including industry conditions, and could be material to the Company’s results

computed in accordance with GAAP. The Company has not provided reconciliations between the

Company’s 2026 guidance and the most directly comparable GAAP measures because it would be too

difficult to prepare a reliable U.S. GAAP quantitative reconciliation without unreasonable effort.

Based on the strength of our second quarter performance and our visibility into the second half of the

year, the Company is raising the range of Adjusted EBITDA guidance for 2026 and firming up its Net

Leverage guidance. Revenue guidance remains unchanged.

Revenue growth guidance versus prior year remains at +6% to 7%. Adjusted EBITDA growth has

been raised to +8% to 10%, from the prior range of +7% to 8%, as the Company realizes the benefit of

price and volume increases alongside the realization of continued cost-down initiatives. The Company

also expects revenue performance to be fairly consistent between quarters across the second half of

2026. We expect margin expansion will be weighted more towards the fourth quarter given the

geographic mix of business and normal seasonal patterns. The Company now anticipates achieving net

leverage of 2.0x in fiscal year 2026, absent any other capital allocation opportunities, down from the

prior disclosure of low 2x range. Interest is now expected to total approximately $80 million for 2026,

and we forecast a lower effective tax rate of 23.0%. Capital Expenditures and share count guidance

assumptions remain unchanged.

	Updated 2026 Guidance	(Previous)
Revenue Growth	+6% to 7%
Adjusted EBITDA Growth	+8% to 10%	(+7% to 8%)
Net Leverage	2.0x 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

CONFERENCE CALL INFORMATION

Alliance will host a conference call to discuss these results at 8:00 a.m. Eastern Time today,

August 13, 2026.

A live audio webcast will be available on Alliance’s Investor Relations website at https://

ir.alliancelaundry.com/news-events/ir-calendar. A replay of the webcast will be available after the call.

ABOUT ALLIANCE LAUNDRY

Alliance Laundry makes the world cleaner as a provider of the highest quality commercial laundry

systems. Our laundry solutions are available under five respected brands, sold and supported by a

global network of select distributors. We serve approximately 150 countries with a team of more than

4,000 employees. Our brands include Speed Queen®, UniMac®, Huebsch®, Primus® and IPSO®.

Together, they present a full line of commercial washing machines, dryers, and ironers (with load

capacities from 20–400 lb. or 9–180 kg.) and support service. You can also enjoy the superior wash

and fabric care of commercial-grade laundry equipment in your home through our legendary Speed

Queen® washers and dryers.

For more information, visit www.alliancelaundry.com.

NON-GAAP FINANCIAL MEASURES

We regularly review non-GAAP measures to evaluate our business, measure our performance and

manage our operations, including identifying trends affecting our business, formulating business plans

and making strategic decisions. We believe that non-GAAP measures provide an additional way of

viewing aspects of our operations that, when viewed together with our GAAP results, provide a more

complete understanding of our results of operations and the factors and trends affecting our business.

These non-GAAP financial measures are also used by our management to evaluate financial results

and to plan and forecast future periods. Non-GAAP financial measures should be considered a

supplement to, and not a substitute for, or superior to, the corresponding measures calculated in

accordance with GAAP. Non-GAAP financial measures used by us may differ from the non-GAAP

measures used by other companies, including our competitors.

“Adjusted EBITDA” represents Net income before provision for income taxes, interest expense,

depreciation and amortization and is further adjusted to exclude certain expenses not representative of

our ongoing operations and other charges not involving cash outlays and “Adjusted EBITDA Margin”

represents Adjusted EBITDA divided by Net revenues.

“Adjusted Net income” represents Net income adjusted to exclude certain expenses not

representative of our ongoing operations and other charges. These adjustments include, but are not

limited to, refinancing and debt related costs, share-based compensation, strategic transaction costs,

intangible amortization, foreign exchange on intercompany loans and other non-recurring items.

“Net Debt” represents our total debt less Cash and cash equivalents.

“Net Debt to Adjusted EBITDA” or “Net Leverage” represents total debt less Cash and cash

equivalents divided by Adjusted EBITDA for the relevant period.

SEGMENT INFORMATION

Our business is organized into two reportable segments, North America and International. The

Company uses Segment net revenues, Segment Adjusted EBITDA and Segment Adjusted EBITDA

Margin as its measures of performance. The Company allocates certain costs including manufacturing

variances, customer support expenses and selling and general expenses which are incurred in our

global operations to the reportable segments in determining Segment Adjusted EBITDA.

We define “Segment Adjusted EBITDA” as, on a segment basis, net income excluding interest

income/expense, income taxes, depreciation and amortization. Segment Adjusted EBITDA is also

adjusted for the discrete items that management excluded in analyzing the segments’ operating

performance, such as refinancing and debt related costs, share-based compensation, strategic

transaction costs, foreign exchange on intercompany loans and other non-recurring items which

management believes are not indicative of the Company’s ongoing operating performance.  Segment

Adjusted EBITDA is a measure of operating performance of our reportable segments and may not be

comparable to similar measures reported by other companies.

FORWARD-LOOKING STATEMENTS

This press release includes “forward-looking statements” within the meaning of the “safe harbor”

provisions of the United States Private Securities Litigation Reform Act of 1995. In some cases, you

can identify these forward-looking statements by the use of terms such as “expect,” “will,” “continue,”

or similar expressions, and variations or negatives of these words, but the absence of these words does

not mean that a statement is not forward-looking. Forward-looking statements represent our

management’s beliefs and assumptions only as of the date of this press release. You should read this

press release with the understanding that our actual future results may be materially different from

what we expect. All statements other than statements of historical fact are statements that could be

deemed forward-looking statements, which include but are not limited to: expectations relating to

revenues and other financial or business metrics; statements regarding the Company’s plans, guidance,

growth, execution, costs and cost savings and any other statements of expectation or belief. These

statements are subject to known and unknown risks, uncertainties and other factors that may cause our

actual results, levels of activity, performance or achievements to differ materially from results

expressed or implied in this press release. Such risk factors include, but are not limited to, those related

to: the high degree of competition in the markets in which we operate; our reliance on the performance

of distributors, route operators, suppliers, retailers and servicers; our ability to achieve and maintain a

high level of product and service quality; fluctuations in the cost and availability of raw materials; our

exposure to international markets, particularly emerging markets; our exposure to costs and difficulties

of acquiring and integrating complementary businesses and technologies; and our exposure to

worldwide economic conditions and potential global economic downturns.

Additional information concerning these and other risks and uncertainties are contained in the section

entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended

December 31, 2025. Additional information will be made available in our quarterly reports on Form

10-Q, and other filings and reports that we may file from time to time with the SEC. Except as

required by law, we assume no obligation, and do not intend to, update these forward-looking

statements, or to update the reasons actual results could differ materially from those anticipated in

these forward-looking statements, even if new information becomes available in the future.

ALLIANCE LAUNDRY SYSTEMS CONTACTS:

Investor Contact:

Tom Gelston

Vice President, Investor Relations & Corporate Development

thomas.gelston@alliancels.com

Media Contact:

Randy Radtke

Senior Manager of Content and Creative Services

randy.radtke@alliancels.com

ALLIANCE LAUNDRY HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(unaudited)

(in thousands, except per share amounts)

	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Net revenues:
Equipment, service parts and other ....................	$ 464,206		$ 434,754		$ 878,912		$ 812,472
Equipment financing ..........................................	12,549		12,430		24,730		24,285
Net revenues ..........................................................	476,755		447,184		903,642		836,757
Costs and expenses: ...............................................
Cost of sales .......................................................	277,389		262,710		536,852		498,256
Cost of sales - related parties .............................	2,135		1,635		3,805		3,082
Equipment financing expenses ..........................	7,335		8,650		15,900		16,209
Gross profit ............................................................	189,896		174,189		347,085		319,210
Selling, general, and administrative expenses .......	84,139		80,264		157,467		150,727
Selling, general, and administrative expenses - related parties .......................................................	109		75		164		150
Total operating expenses .......................................	84,248		80,339		157,631		150,877
Operating income ...............................................	105,648		93,850		189,454		168,333
Interest expense, net ..............................................	17,809		39,376		35,697		84,288
Other expenses/(income), net ................................	7		13,787		(6,463)		20,908
Income before taxes ...........................................	87,832		40,687		160,220		63,137
Provision for income taxes ....................................	19,163		9,653		34,635		14,874
Net income .........................................................	$ 68,669		$ 31,034		$ 125,585		$ 48,263
Comprehensive income:
Net income .........................................................	$ 68,669		$ 31,034		$ 125,585		$ 48,263
Foreign currency translation adjustment  ..........	(1,161)		36,447		(13,764)		53,186
Comprehensive income ..................................	$ 67,508		$ 67,481		$ 111,821		$ 101,449
Net income
Basic ....................................................................	$ 0.35		$ 0.18		$ 0.63		$ 0.28
Diluted ................................................................	$ 0.34		$ 0.18		$ 0.62		$ 0.28
Weighted average number of common shares outstanding
Basic ....................................................................	198,570		170,712		198,222		170,671
Diluted ................................................................	203,554		174,886		203,420		174,763

ALLIANCE LAUNDRY HOLDINGS INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except share and per share amounts)

	June 30, 2026		December 31, 2025
Assets
Current assets:
Cash and cash equivalents ...............................................................................................................................	$ 159,467		$ 123,102
Restricted cash ................................................................................................................................................	1,682		3,602
Restricted cash - for securitization investors ..................................................................................................	22,289		22,999
Accounts receivable, net .................................................................................................................................	117,255		113,651
Inventories, net ................................................................................................................................................	148,879		146,039
Inventories, net - related parties ......................................................................................................................	1,057		821
Accounts receivable, net - restricted for securitization investors ...................................................................	165,663		141,973
Equipment financing receivables, net .............................................................................................................	2,104		2,822
Equipment financing receivables, net - restricted for securitization investors ...............................................	96,634		92,011
Prepaid expenses and other current assets ......................................................................................................	32,178		28,862
Total current assets ..........................................................................................................................................	747,208		675,882
Equipment financing receivables, net ..................................................................................................................	5,917		4,913
Property, plant, and equipment, net .....................................................................................................................	255,808		265,250
Operating lease right-of-use assets ......................................................................................................................	21,377		20,741
Equipment financing receivables, net - restricted for securitization investors ....................................................	494,060		470,408
Deferred income tax asset, net .............................................................................................................................	3,244		3,169
Debt issuance costs, net .......................................................................................................................................	2,866		3,461
Goodwill ..............................................................................................................................................................	682,456		684,230
Intangible assets, net ............................................................................................................................................	730,083		754,737
Other long-term assets .........................................................................................................................................	3,879		3,097
Total assets .................................................................................................................................................	$ 2,946,898		$ 2,885,888
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt ...................................................................................................................	$ 97		$ 113
Accounts payable	169,813		128,662
Accounts payable - related parties ..................................................................................................................	1,791		1,852
Asset backed borrowings - owed to securitization investors ..........................................................................	196,294		194,180
Current operating lease liabilities ...................................................................................................................	5,994		5,927
Other current liabilities ...................................................................................................................................	148,033		153,592
Total current liabilities ...............................................................................................................................	522,022		484,326
Long-term debt, net ..............................................................................................................................................	1,241,167		1,354,636
Asset backed borrowings - owed to securitization investors ...............................................................................	444,745		424,406
Deferred income tax liability ...............................................................................................................................	169,366		169,355
Long-term operating lease liabilities ...................................................................................................................	16,221		15,745
Other long-term liabilities ....................................................................................................................................	50,762		45,302
Total liabilities ............................................................................................................................................	2,444,283		2,493,770
Stockholders' 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 ........................................................	1,988		1,975
Additional paid-in capital ....................................................................................................................................	508,032		509,369
Accumulated deficit .............................................................................................................................................	(50,819)		(176,404)
Accumulated other comprehensive income .........................................................................................................	43,414		57,178
Total stockholders' equity ...............................................................................................................................	502,615		392,118
Total liabilities and stockholders’ equity ...................................................................................................	$ 2,946,898		$ 2,885,888

ALLIANCE LAUNDRY HOLDINGS INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

(in thousands)

		Six Months Ended June 30,
		2026		2025
Cash flows from operating activities:
Net income ......................................................................................................................................................................................................		$ 125,585		$ 48,263
Adjustments to reconcile Net income to net cash provided by operating activities: ......................................................................................
Depreciation and amortization ..................................................................................................................................................................		44,723		45,958
Amortization and extinguishment of debt issuance costs .........................................................................................................................		1,096		1,145
Amortization of original issue discount ....................................................................................................................................................		1,073		807
Non-cash interest (income) expense ..........................................................................................................................................................		(7,366)		9,006
Non-cash loss on commodity contracts, net ..............................................................................................................................................		121		227
Non-cash foreign exchange (gain)/loss, net ..............................................................................................................................................		(6,468)		19,854
Non-cash stock-based compensation .........................................................................................................................................................		4,287		1,771
(Gain)/loss on sale of property, plant, and equipment ..............................................................................................................................		(133)		318
Provision for credit losses .........................................................................................................................................................................		2,400		2,480
Deferred 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)		154
Equipment financing receivables, net - restricted for securitization investors ....................................................................................		(33,830)		(13,043)
Other assets ..........................................................................................................................................................................................		7,686		(4,244)
Accounts payable .................................................................................................................................................................................		40,847		23,346
Accounts payable - related parties .......................................................................................................................................................		(61)		158
Other liabilities ....................................................................................................................................................................................		249		(15,754)
Net cash provided by operating activities .......................................................................................................................................................		146,139		50,697
Cash 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 ....................................................................................................................................................................		296		137
Originations of equipment financing receivables, net - restricted for securitization investors ......................................................................		(32,094)		(40,516)
Collections of equipment financing receivables, net - restricted for securitization investors ........................................................................		35,273		35,949
Net 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 ...........................................................................................................		107,824		116,622
Decrease 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 ....................................................................................................................................................		2,864		25
Proceeds from common stock issuance under employee purchase plan ........................................................................................................		209		—
Net cash (used in)/provided by financing activities ..................................................................................................................................		(98,158)		25,234
Effect of exchange rate changes on cash, cash equivalents, and restricted cash ..................................................................................................		(663)		1,595
Increase in cash, cash equivalents, and restricted cash ........................................................................................................................................		33,735		53,415
Cash, cash equivalents, and restricted cash at beginning of period .....................................................................................................................		149,703		188,042
Cash, cash equivalents, and restricted cash at end of period ................................................................................................................................		$ 183,438		$ 241,457
Reconciliation of cash, cash equivalents, and restricted cash to the Condensed Consolidated Balance Sheets:
Cash and cash equivalents ..............................................................................................................................................................................		$ 159,467		$ 222,587
Restricted cash ................................................................................................................................................................................................		1,682		1,689
Restricted cash - for securitization investors ..................................................................................................................................................		22,289		17,181
Total cash, cash equivalents, and restricted cash shown in the Statement of Cash Flows ........................................................................		$ 183,438		$ 241,457
Supplemental disclosure of cash flow information:
Cash paid for interest ......................................................................................................................................................................................		$ 41,661		$ 76,651
Cash paid for interest - to securitized investors ..............................................................................................................................................		$ 15,074		$ 15,517
Cash paid for income taxes .............................................................................................................................................................................		$ 33,117		$ 30,593
Supplemental disclosure of investing and financing non-cash activities:
Capital expenditures included in accounts payable ........................................................................................................................................		$ 4,533		$ 1,905

ALLIANCE LAUNDRY HOLDINGS INC.

SEGMENT SUMMARY

The following table presents revenue by segment, Segment Adjusted EBITDA and Segment Adjusted

EBITDA Margin:

	(Unaudited)
	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2026		2025		2026		2025
North America
Segment net revenues	$ 359,258		$ 329,095		$ 679,077		$ 621,414
Segment adjusted EBITDA	$ 113,632		$ 96,802		$ 200,560		$ 177,578
Segment adjusted EBITDA margin	31.6 %		29.4 %		29.5 %		28.6 %
International
Segment net revenues	$ 117,497		$ 118,089		$ 224,565		$ 215,343
Segment adjusted EBITDA	$ 33,948		$ 36,894		$ 66,506		$ 65,694
Segment adjusted EBITDA margin	28.9 %		31.2 %		29.6 %		30.5 %

Selected financial information for each segment is as follows:

	(Unaudited)
	Three Months Ended June 30, 2026						Three Months Ended June 30, 2025
(in thousands)	North America		International		Total		North America		International		Total
Net revenues	$ 359,258		$ 117,497		$ 476,755		$ 329,095		$ 118,089		$ 447,184
Cost of sales(1)	215,388		70,472				202,187		69,904
Other segment items(2)	30,238		13,077				30,106		11,291
Segment Adjusted EBITDA	$ 113,632		$ 33,948		$ 147,580		$ 96,802		$ 36,894		$ 133,696
Reconciling items:
Interest expense, net					(17,809)						(39,376)
Depreciation and amortization					(22,219)						(22,644)
Refinancing and debt related costs					—						2
Foreign 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

	(Unaudited)
	Six Months Ended June 30, 2026						Six Months Ended June 30, 2025
(in thousands)	North America		International		Total		North America		International		Total
Net revenues	$ 679,077		$ 224,565		$ 903,642		$ 621,414		$ 215,343		$ 836,757
Cost of sales(1)	419,346		135,187				387,455		128,421
Other segment items(2)	59,171		22,872				56,381		21,228
Segment Adjusted EBITDA	$ 200,560		$ 66,506		$ 267,066		$ 177,578		$ 65,694		$ 243,272
Reconciling 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, net					6,468						(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

(1)Consists of Cost of sales, Cost of sales - related parties and Equipment financing expenses for North America and Cost of sales

and Cost of sales - related parties for International.

(2)Other segment items for each reportable segment includes allocated engineering, sales and marketing, information technology,

and certain other overhead expenses.

ALLIANCE LAUNDRY HOLDINGS INC.

RECONCILIATION SCHEDULES

The following table presents a reconciliation of Net income to the non-GAAP financial measure

adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) and Net

income margin to Adjusted EBITDA margin:

	(Unaudited)
	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except percentages)	2026		2025		2026		2025
Net income	$ 68,669		$ 31,034		$ 125,585		$ 48,263
Provision for income taxes	19,163		9,653		34,635		14,874
Interest expense, net	17,809		39,376		35,697		84,288
Depreciation and amortization	22,219		22,644		44,723		45,958
Refinancing and debt related costs	—		(2)		5		1,054
Foreign exchange (gain)/loss on intercompany loans, net	7		13,789		(6,468)		19,854
Share-based compensation	3,508		768		5,403		1,771
Strategic transaction costs	2,406		2,182		3,221		3,044
Adjusted EBITDA	133,781		119,444		242,801		219,106
Net revenues	476,755		447,184		903,642		836,757
Net income margin	14.4 %		6.9 %		13.9 %		5.8 %
Adjusted EBITDA margin	28.1 %		26.7 %		26.9 %		26.2 %

The following table presents a reconciliation of Net income to Adjusted net income:

	(Unaudited)
	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share data)	2026		2025		2026		2025
Net income	$ 68,669		$ 31,034		$ 125,585		$ 48,263
Amortization of intangible assets	11,700		12,310		23,524		25,434
Refinancing and debt related costs	—		(2)		5		1,054
Foreign exchange (gain)/loss on intercompany loans, net	7		13,789		(6,468)		19,854
Share-based compensation	3,508		768		5,403		1,771
Strategic transaction costs	2,406		2,182		3,221		3,044
Tax effect of add backs	(3,623)		(6,676)		(5,254)		(11,761)
Adjusted net income	$ 82,667		$ 53,405		$ 146,016		$ 87,659
Net income per share attributable to common stockholders - diluted:	$ 0.34		$ 0.18		$ 0.62		$ 0.28
Adjusted net income per share attributable to common stockholders - diluted:	$ 0.41		$ 0.31		$ 0.72		$ 0.50

The following table presents the calculation of last twelve months (LTM) adjusted EBITDA for

purposes of calculating Net debt to Adjusted EBITDA:

	(Unaudited)
(in thousands)	Six Months Ended June 30, 2026		Add: Year Ended December 31, 2025		Less: Six Months Ended June 30, 2025		LTM June 30, 2026
Net income	$ 125,585		$ 101,755		$ 48,263		$ 179,077
Provision for income taxes	34,635		36,279		14,874		56,040
Interest expense, net	35,697		150,501		84,288		101,910
Depreciation and amortization	44,723		93,701		45,958		92,466
Refinancing and debt related costs	5		3,679		1,054		2,630
Foreign exchange (gain)/loss on intercompany loans, net	(6,468)		25,152		19,854		(1,170)
Share-based compensation	5,403		19,779		1,771		23,411
Strategic transaction costs	3,221		5,627		3,044		5,804
Adjusted EBITDA	$ 242,801		$ 436,473		$ 219,106		$ 460,168

The following table presents a reconciliation of Debt to Net Debt and Net Debt to Adjusted EBITDA:

	(Unaudited)
(in thousands)	June 30, 2026		December 31, 2025
Term loan	$ 1,250,000		$ 1,365,000
Finance lease obligations	175		236
Debt	1,250,175		1,365,236
Less: Cash and cash equivalents	(159,467)		(123,102)
Net debt	$ 1,090,708		$ 1,242,134
LTM adjusted EBITDA	$ 460,168		$ 436,473
Net Debt to Adjusted EBITDA	2.4 x		2.8 x

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 808.8 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB