Filing Flows › Alliance Laundry Holdings (ALH) › Q1 2026 › vs Q4 2025
Alliance Laundry Holdings (ALH) Q1 2026 vs Q4 2025 (quarter over quarter)
Alliance Laundry Holdings's revenue fell $8.0M (-2%) from $435M in Q4 2025 to $427M in Q1 2026. The biggest changes: Equipment, service parts and other −$7.5M (-2%); Equipment financing −$478K (-4%). Gross margin 36.8% against 37.0% (-0.2 pts).
Alliance Laundry Holdings, Q1 2026: revenue $427M (+10% year over year), operating margin 19.6%, net earnings $56.9M, operating cash flow $79.9M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 36.8% | 37.0% | -0.2 pts |
| Operating margin | 19.6% | 14.6% | +5.0 pts |
| Net margin | 13.3% | 4.7% | +8.6 pts |
| Free cash flow margin | 17.5% | 16.3% | +1.2 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Equipment, service parts and other | $415M | $422M | −$7.5M | -2% |
| Equipment financing | $12.2M | $12.7M | −$478K | -4% |
| Revenue | $427M | $435M | −$8.0M | -2% |
| Gross profit | $157M | $161M | −$3.8M | -2% |
| Cost of revenue | $270M | $274M | −$4.2M | -2% |
| Operating profit | $83.8M | $63.5M | $20.3M | +32% |
| Operating expenses | $73.4M | $97.4M | −$24.0M | -25% |
| Pre-tax earnings | $72.4M | $32.0M | $40.4M | +126% |
| Other expense, net | $11.4M | $31.6M | −$20.2M | -64% |
| Net earnings | $56.9M | $20.6M | $36.3M | +176% |
| Income tax | $15.5M | $11.4M | $4.1M | +36% |
| Depreciation & amortization | $22.5M | $24.4M | −$1.9M | -8% |
| Share-based compensation | $1.3M | $17.0M | −$15.7M | -93% |
| Working capital & other | $807K | −$33.0M | $33.8M | — |
| Operating cash flow | $79.9M | $94.9M | −$15.0M | -16% |
| Free cash flow (OCF − capex) | $74.7M | $71.0M | $3.7M | +5% |
| Capital expenditures | $5.2M | $23.9M | −$18.7M | -78% |
Questions
How much did Alliance Laundry Holdings's revenue grow quarter over quarter in Q1 2026?
Alliance Laundry Holdings's revenue fell $8.0M (-2%) from $435M in Q4 2025 to $427M in Q1 2026.
What drove Alliance Laundry Holdings's revenue change in Q1 2026?
Equipment, service parts and other −$7.5M (-2%); Equipment financing −$478K (-4%).