TOMI Environmental Solutions Posts 118% Revenue Surge in Q2 2026
Event summary
- Q2 2026 revenue surged 118% YoY to $2.25M, with gross profit doubling to $1.39M.
- Company reaffirmed full-year 2026 guidance of at least $12M in revenue (113% YoY growth).
- Signed definitive merger agreement with Carbonium Core, Inc., with an implied enterprise valuation of $120M.
- Secured unconditional EPA registration for SteraMist® AgriMist across post-harvest agriculture and cannabis sectors.
- Expanded European regulatory footprint to 11 countries.
The big picture
TOMI's strong Q2 performance reflects accelerating demand for its disinfection solutions, particularly in capital equipment and custom-engineered systems. The proposed merger with Carbonium Core signals a strategic pivot toward advanced materials, potentially diversifying revenue streams beyond environmental decontamination. The company's expanding regulatory footprint and backlog of $2.6M underscore its growing commercial momentum.
What we're watching
- Merger Execution
- Whether TOMI can successfully close the $120M merger with Carbonium Core and secure the required $10M financing.
- Recurring Revenue Growth
- The pace at which TOMI accelerates year-over-year recurring revenue through increased BIT™ Solution sales and applicator adoption.
- Regulatory Expansion
- How the new EPA AgriMist label expansion will impact market penetration in agricultural and food safety sectors.