UniFirst (UNF) Q4 2026 earnings summary

Executive summary

• FY26 revenue rose 3.7% to $2.523B; net income fell to $109.5M from $148.3M and diluted EPS to $6.02 from $7.98.

• Q4 revenue increased 5.0% to $645.0M, while operating income declined to $41.7M; Adjusted EBITDA rose to $94.9M.

• Results included merger-related and ERP initiative costs; merger review remained underway, with closing expected before calendar year-end 2026, subject to approvals and other conditions.

Financial highlights

• Q4 operating income was $41.7M vs. $49.6M; net income was $34.7M vs. $41.0M; diluted EPS was $1.90 vs. $2.23 YoY.

• FY operating income was $136.0M vs. $184.5M; Adjusted EBITDA was $327.1M vs. $336.8M; net income was $109.5M vs. $148.3M.

• FY operating cash flow was $205.3M vs. $296.9M; capital expenditures, including capitalized software, were $134.5M vs. $154.3M.

• Q4 results included $14.4M of transaction costs and $2.8M of ERP initiative costs; together, these reduced operating income by $17.3M and net income by $12.9M.

• FY26 included $37.2M of transaction costs and $13.3M of ERP costs; together, they reduced operating income by $50.5M and net income by $37.9M.

Outlook and guidance

• Merger closing was expected before calendar year-end 2026, subject to customary closing conditions and required regulatory approvals.

• Pending the Cintas transaction, financial guidance and quarterly earnings calls were suspended.