TOMI Environmental Solutions, Inc. Reports Preliminary Third Quarter 2026 Financial Results

FREDERICK, Md., Nov. 12, 2026 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ), a global provider of disinfection and decontamination essentials through its premier Binary Ionization Technology® (BIT™) platform, today announced preliminary financial results for the three and nine months ended September 30, 2026, and provided an update on strategic initiatives.

Select financial and operational achievements for the quarter are as follows:

The financial results in this press release are preliminary and unaudited. The Company and its independent registered public accounting firm have not yet completed their review of the accounting treatment for the Company’s convertible notes, including the conversion of $2.5 million of notes during the third quarter. Accordingly, this release does not include financial results that may be affected by that review, including any gain or loss associated with the conversion, net loss, net loss per share, and the related liability and stockholders’ equity balances. Based on information currently available, the Company does not expect the review to affect the revenue, gross profit, operating expense or income from operations figures presented in this release; however, all results remain subject to change until the Company files its Quarterly Report on Form 10-Q for the period ended September 30, 2026.

Executive Commentary

Dr. Halden Shane, CEO of TOMI Environmental Solutions, commented, “The third quarter represented an important inflection point for TOMI. Revenue increased 24% year-over-year and 11% sequentially, and we returned to positive operating income for the first time since the third quarter of 2024. This progress reflects stronger commercial execution, improved equipment sales and disciplined management of our operating cost base.

“We also materially improved our capital structure during the quarter. The conversion of $2.5 million of convertible notes significantly reduced our debt obligations and expected annual cash interest commitment. Combined with an expanding backlog and commercial pipeline, we believe these improvements provide a stronger foundation as we work toward sustained profitability.

“Operationally, momentum continued across mobile equipment, SteraMist applicators, BIT Solution consumables and support services. We also advanced our food safety, life sciences, defense and international regulatory initiatives, including the expanded AgriMist registration and independent Listeria biofilm data. We remain focused on converting our backlog and pipeline, increasing recurring revenue and delivering sustainable growth.”

Q3 2026 Highlights:

Financial Results for the Three and Nine Months Ended September 30, 2026, Compared to September 30, 2025

Recent Business Highlights:

Post-Quarter Developments:

Looking Ahead

TOMI enters the fourth quarter of 2026 with improved operating performance, a strengthened capital structure and growing commercial visibility. The Company is executing a focused strategy to:

Conference Call Information

TOMI will hold a conference call to discuss third quarter 2026 results at 4:30 p.m. ET today, November 12, 2026.

To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time and provide participant access code 271346 or request the “TOMI Environmental Solutions third quarter earnings call.” International callers should dial (973) 528-0011. To access the live webcast or view the press release, please visit the Investor Relations section of the TOMI website or register at the following link:

https://www.webcaster5.com/Webcast/Page/2262/54772

A replay of the teleconference will be available until November 19, 2026, and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use replay access code 54772. A replay of the webcast will also be available on the company’s website following the completion of the call.

TOMI™ Environmental Solutions, Inc.: Innovating for a safer world®

TOMI™ Environmental Solutions, Inc. (NASDAQ: TOMZ) is a global decontamination and infection prevention company, providing environmental solutions for indoor surface disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage Hydrogen Peroxide as its only active ingredient to produce a fog of ionized Hydrogen Peroxide (iHP™). Represented by the SteraMist® brand of products, iHP™ produces a germ-killing aerosol that works like a visual non-caustic gas.

TOMI products are designed to service a broad spectrum of commercial structures, including hospitals and medical facilities, cruise ships, office buildings, hotel and motel rooms, schools, restaurants, meat and produce processing facilities, military barracks, police and fire departments, and athletic facilities. TOMI products and services have also been used in single-family homes and multi-unit residences.

For additional information, please visit https://www.steramist.com or contact us at info@tomimist.com.

Forward-Looking Statements

This press release contains forward-looking statements that are based on current expectations, estimates, forecasts and projections of future performance based on management’s judgment, beliefs, current trends and anticipated business and market conditions. These forward-looking statements include, without limitation, statements regarding TOMI’s expectations concerning future revenue growth, profitability, backlog and pipeline conversion, business development initiatives, recurring revenue, international expansion, regulatory pathways, capital availability, liquidity, operating performance and financial results, including statements under “Looking Ahead.”

Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such statements. These risks include, but are not limited to, TOMI’s ability to acquire new customers, expand sales, maintain growth, convert backlog and pipeline opportunities into revenue, improve operating performance, obtain necessary financing, maintain compliance with Nasdaq listing standards, manage customer and supplier concentration, obtain regulatory approvals and successfully commercialize its technologies, as well as changes in market demand, competitive conditions, regulatory developments and economic conditions. Additional risks are described in TOMI’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

The information provided in this press release is based on facts and circumstances known at the time of issuance. Actual results may differ materially from those anticipated due to the factors described above and other unknown or unpredictable factors. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements speak only as of the date of this press release, and TOMI undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.

INVESTOR RELATIONS CONTACT:

John Nesbett/Zach Nevas

IMS Investor Relations

tomi@imsinvestorrelations.com