TOMI Environmental Solutions, Inc.
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About the company
TOMI Environmental Solutions, Inc. is a company dedicated to controlling infectious diseases and decontaminating bacteria, offering sophisticated environmental solutions for sanitizing indoor surfaces globally and across the United States. Central to their operations is the development, sale, and licensing of SteraMist Binary Ionization Technology, which utilizes a hydrogen peroxide-based mist and fog for highly effective disinfection.
- CEO
- Halden Stuart Shane
- IPO
- 2008
- Employees
- 20
- HQ
- Frederick, MD, US
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- Market Cap
- $14.01M
- P/E
- -3.52
- Fwd P/E
- 15.17
- PEG
- -0.24
- P/S
- 0.01
- P/B
- 9.68
- EV/EBITDA
- -0.07
- Div Yield
- 0.00%
- Gross Margin
- 61.62%
- Op Margin
- -10.96%
- Net Margin
- -0.15%
- ROE
- -326.60%
- ROIC
- -5117.10%
Latest fiscal year · YoY change
- Revenue
- $5.64M-27.2%
- Gross Profit
- $3.08M-13.5%
- Op Income
- $-3,854,338
- Net Income
- $-3,748,995+16.3%
- EPS
- $-0.57+13.6%
- OCF Growth
- +16.9%
- FCF Growth
- +13.9%
- 52W High
- $3.42
- 52W Low
- $1.39
- 50D MA
- $2.06
- 200D MA
- $2.18
- Beta
- 1.98
- RSI (14)
- 48
- Avg Volume
- 68.34K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
TOMI posted a strong Q2 with revenue up sharply, margin expansion, and a growing backlog, while management reiterated at least $12 million in full-year revenue guidance and highlighted regulatory and merger progress.· August 14, 2026
- Q2 revenue was $2.25 million, up 118% year over year and 36% sequentially, with gross margin at 61.7%.
- Product revenue reached $1.86 million and service revenue was $389,000; applicator sales jumped to $355,000 from $13,000 a year ago.
- Operating expenses were $1.63 million, down 10% year over year, and operating loss improved to about $244,000.
- Cash and cash equivalents ended at $322,000, working capital was $1.82 million, and management said backlog grew to $2.6 million post-quarter.
- Management reaffirmed full-year 2026 revenue guidance of at least $12 million and said it expects breakeven by Q4 if current trends continue.
Revenue for Q2 2026 was $2.25 million, up 118% from $1.03 million in Q2 2025 and up 36% from $1.65 million in Q1 2026. Gross profit was $1.39 million, up 105% year over year, and gross margin was 61.7% versus 50.3% in Q1 2026 and 65.7% in Q2 2025. Operating expenses were $1.63 million, down 10% year over year, and operating loss improved to about $244,000 from about $1.13 million a year ago. Net loss was approximately $382,000, or $0.05 per share, versus about $1.24 million, or $0.19 per share, in Q2 2025. For the first half, revenue was not explicitly stated, but management said BIT Solution sales exceeded $700,000 and net loss improved 20% to about $1.19 million. Cash and cash equivalents were $322,000, working capital was $1.82 million, stockholders’ equity was $1.43 million, and the company said it had about $18.1 million of remaining ELOC capacity. Backlog was $2.2 million at quarter end and $2.6 million post-quarter; booked orders and expected completions before year-end exceeded $6.2 million, with an active integrated project pipeline of $4.3 million across 13 projects and a broader commercial sales pipeline of about $35 million. Management reaffirmed full-year 2026 revenue guidance of at least $12 million and said it expects to reach breakeven comfortably by Q4.
Dr. Halden Shane framed the quarter as proof that SteraMist is gaining traction, pointing to three consecutive quarters of growth, a rising backlog, and broader adoption across healthcare, food safety, government, and international markets. He emphasized the strategic importance of the Carbonium Core merger, the expanding regulatory footprint in Europe, and the new AgriMist EPA label, while also discussing longer-term ambitions such as robotics, drones, and biodefense applications. His tone was notably upbeat and expansive, with a strong focus on future platform potential.
Niro Srirathan highlighted the hard numbers behind the quarter: revenue of $2.25 million, gross margin of 61.7%, operating expenses of $1.63 million, and net loss of about $382,000, all while cash rose to $322,000 and working capital increased to $1.82 million. He noted approximately $300,000 in elevated advisory, legal, and diligence costs tied to the Carbonium Core transaction, said the company had about $18.1 million of remaining ELOC capacity, and disclosed a post-quarter amendment lowering convertible note conversion price from $3.75 to $1.50 per share. He also reiterated at least $12 million in full-year revenue guidance and said the company expects to reach operating breakeven by Q4.
Analysts focused on the timeline for the 510(k) medical device pathway, with management saying the next steps involve studies with one customer base and that it is too early to give a firm 12- or 18-month estimate. Questions also centered on the Carbonium merger, where management said two conditions matter: NASDAQ listing compliance and raising $10 million for the combined companies; they added that Carbonium is still in prototype development but has contracts in final stages with Oak Ridge Nuclear and the Department of Energy. Other questions covered FEMA, tariffs, the hybrid system, and the path to profitability; management said FEMA has been a long-term customer, they were not aware of tariffs currently affecting the company, and breakeven by Q4 should be supported by revenue growth and cost cutting.
The call showed clear top-line acceleration, stronger gross margin, and a backlog that grew to $2.6 million even as orders were fulfilled. Management also pointed to multiple catalysts beyond core SteraMist sales, including expanded EU/UK registrations, a new AgriMist EPA label, progress toward 510(k), and the potential for the Carbonium transaction to reshape the balance sheet.
Management repeatedly acknowledged that some growth depends on regulatory approvals, including 510(k), FCN work, and additional international registrations, so commercialization timing is still uncertain. The quarter also included about $300,000 of merger-related professional and diligence costs, and the company still has limited cash at quarter end despite ELOC access and note conversions. The Carbonium deal itself still requires both financing and continued diligence, and management said some timelines, including the medical device pathway, remain uncertain.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 59.5%
- Shares Outstanding
- 7.70M
- Float Shares
- 4.58M
of shares held by institutions
18 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 618.61K | ▲ 16.18K |
Held by 19 ETFs
Biggest fund positions in TOMZ by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| May 16, 26 | Srirathan Niroshan | other | 0 |
| Apr 22, 26 | Lim Boh Soon | other | 10,000 |
| Apr 22, 26 | Fragasso Francesco | other | 10,000 |
| Apr 22, 26 | PAUL HAROLD | other | 10,000 |
| Jan 9, 26 | Lim Boh Soon | other | 10,000 |
| Jan 9, 26 | PAUL HAROLD | other | 20,000 |
| Jan 9, 26 | Fragasso Francesco | other | 20,000 |
| Sep 11, 25 | Fragasso Francesco | other | 0 |
| Oct 6, 25 | Vanston David Cecil | other | 100,000 |
| Sep 25, 25 | PAUL HAROLD | other | 0 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our TOMZ coverage
Recent articles, reports, and earnings notes.
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Generate TOMZ report →TOMI Secures Critical Ireland Market Approval, Strengthening SteraMist's Position Across the European Union
globenewswire.com · Aug 17
TOMI Environmental Solutions, Inc. (TOMZ) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 14
TOMI Environmental Solutions, Inc. (TOMZ) Reports Q2 Loss, Beats Revenue Estimates
zacks.com · Aug 14
TOMI Environmental Solutions, Inc. Reports Second Quarter 2026 Financial Results
globenewswire.com · Aug 14
TOMI Environmental Solutions, Inc. to Hold Conference Call to Discuss Second Quarter 2026 Financial Results on August 14, 2026
globenewswire.com · Aug 10
Will TOMI Environmental Solutions, Inc. (TOMZ) Report Negative Q2 Earnings? What You Should Know
zacks.com · Aug 6
Carbonium Core Reports Rare Earth and Critical Mineral Content in Initial Sample Assay
globenewswire.com · Aug 4
TOMI Environmental Solutions Receives EPA Registration Expanding SteraMist® for Use in Post-Harvest Agricultural Food Safety Including Cannabis and Hemp Cultivation
globenewswire.com · Aug 3
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