TOMI Environmental Solutions, Inc. is a company dedicated to controlling infectious diseases and decontaminating bacteria, offering sophisticated environmental solutions for sanitizing indoor ...
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) is a leading provider of environmental decontamination and infection control solutions. The company develops, sells, and licenses its proprietary SteraMist Binary Ionization Technology (BIT), which utilizes a hydrogen peroxide-based mist and fog for highly effective disinfection of indoor surfaces. TOMI's product portfolio includes the ...TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) is a leading provider of environmental decontamination and infection control solutions. The company develops, sells, and licenses its proprietary SteraMist Binary Ionization Technology (BIT), which utilizes a hydrogen peroxide-based mist and fog for highly effective disinfection of indoor surfaces. TOMI's product portfolio includes the portable SteraMist Surface Unit, the transportable Environment System for room disinfection, the Hospital Disinfection Cart for healthcare settings, the Select Surface Unit, a Stainless Steel 90-Degree Applicator, and the iHP Plasma Decontamination Chamber. The company also offers custom engineered systems and iHP Corporate Service Decontamination for comprehensive disinfection of facilities and emergency situations. TOMI serves a diverse range of industries including hospitals, bio-safety labs, pharmaceutical manufacturing, food processing, universities, cruise ships, offices, hotels, schools, military, and residential properties. Founded in 2007 and headquartered in Frederick, Maryland, TOMI has a small workforce of 15 employees but a global reach. The company is publicly traded on NASDAQ and has a market cap of approximately $12.9 million. Despite recent financial challenges, including negative profit margins and cash flow, TOMI continues to innovate in the infection prevention space, driven by CEO Dr. Halden Shane, a surgeon turned entrepreneur. The company's commitment to advanced decontamination technology positions it as a key player in the post-pandemic era.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$5.6M
-27.2%
+135728.3%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-3.7M
+16.3%
+52.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+54.6%
+18.8%
+30.9%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-68.4%
-28.9%
+100.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-66.5%
-15.0%
+100.0%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-1.3M
+13.9%
-449519.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-23.6%
-18.2%
-430.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
582.3%
+694.8%
-100.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.32x
-44.5%
+36.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Good day, everyone, and welcome to the TOMI Environmental Solutions, Inc. Second Quarter 2026 Financial Results Conference Call. [Operator Instructions] It is now my pleasure to hand the floor over to your host, John Nesbett. Sir, the floor is yours.
John Nesbett: Thank you for joining us today for TOMI Environmental Solutions Investor Update Conference Call. On today's call is TOMI's Chief Executive Officer and Chairman, Dr. Halden Shane; Chief Operating Officer, EJ Shane; and Interim Chief Financial Officer, Niro Srirathan. A telephone replay of today's call will be available through August 21, 2026, the details of which are included in the company's press release. A webcast replay will also be available at TOMI's website, www.steramist.com. Certain written and oral statements made by management of TOMI may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements should be evaluated in light of important risk factors that could cause actual results to differ materially from our anticipated results. The information provided on this conference call is based upon the facts and circumstances known at this time. Please refer to our filings with the Securities and Exchange Commission for a discussion of these risk factors. The company undertakes no obligation to update these forward-looking statements after the date of this call. I will now turn the call over to TOMI's Chief Executive Officer and Chairman of the Board, Dr. Halden Shane. Please go ahead.
Halden Shane: Thank you, John, and thank you all for joining us today. Since signing our definitive agreement with Carbonium Core at the end of June, we have stayed closely engaged with their company. The integration of these 2 complementary technologies, each delivering exceptional performance in its respective markets continue to advance as planned. But first, let me start with this. TOMI's SteraMist decontamination business has now delivered growth for 3 consecutive quarters. Our second quarter 2026 results reflect another healthy quarter for TOMI with continued positive momentum for the strategic initiatives we have implemented. And as always, we remain committed to keeping shareholders informed as these efforts progress. In the second quarter of this year, we saw growth across 4 key metrics compared to both the first quarter of this year and the second quarter of last year. Those 4 areas were BIT Solution sales, mobile equipment, single applicators, which is where TOMI's patented iHP intellectual property resides and support services, including qualifications, acceptance testing and training programs. The increase in applicator sales and support services stem directly from initiatives introduced in late 2024 and early 2025, further validating our strategic focus. We continue to pursue new opportunities and additional growth strategies throughout 2026 without interruption. Our second quarter results …
