RIPON, Wis. — Commercial laundry equipment maker Alliance Laundry Systems posted strong financial results for its third quarter ended Sept. 30, the company says, highlighted by double-digit revenue growth, margin expansion, and continued investment in product innovation and market expansion.

Alliance had net revenues of $437.6 million, up 14% compared to the same period in 2024. Strong volume performance and low- to mid-single-digit price increases, with solid demand across the vended, on-premise laundry (OPL), and commercial-in-home end markets in both North America and international regions, drove the growth.

Net income rose to $32.9 million, compared to a net loss of $6.3 million in the prior-year third quarter. Adjusted net income increased 47% to $48.4 million, while net income margin expanded year over year to 8%. Adjusted EBITDA increased 16% year over year to $110.8 million, representing a margin of 25%.

“Alliance delivered strong performance in our first reported quarter as a public company with double-digit growth on both the top and bottom line, and disciplined execution on our strategic initiatives,” says CEO Michael Schoeb. “Using proceeds from our successful IPO in October, we meaningfully reduced leverage while investing in our key long-term growth opportunities.

“Our balanced capital allocation strategy and relentless focus on quality and reliability enhance our position as the leading, pure-play commercial laundry systems manufacturer.”

In North America, revenue rose 14% to $330.7 million. Adjusted EBITDA rose 13% to $95.4 million, with manufacturing efficiencies contributing to margin improvement. Alliance reported tariff impacts of $3.5 million during the quarter, largely offset by price increases.

International revenue grew 12% to $106.9 million, with growth balanced across mature and developing markets. About one-third of this was attributed to volume, pricing, and favorable foreign exchange, respectively. Adjusted EBITDA for the segment rose 9% to $25.7 million.

Alliance also highlighted business developments, including the introduction of new equipment and technology at Clean Show 2025. Product launches included a 55-pound stack tumbler and the Scan-Pay-Wash cashless payment solutions that doesn’t require customers to download an app.

The company also acquired Metropolitan Laundry Machinery Sales, expanding its distributor presence in the Northeast.

After completing its IPO (which occurred after Q3), Alliance used proceeds to significantly reduce debt, improving leverage and lowering interest expense.