Alliance Laundry Holdings Inc.

Alliance Receives Credit Ratings Upgrade from S&P Global Ratings

S&P Global Ratings upgraded Alliance Laundry's issuer credit rating to 'BB-' from 'B+' and raised the rating on its senior secured first lien credit facilities to 'BB' from 'BB-', with a recovery rating of '2' and a positive outlook. The upgrade reflects continued deleveraging, with a $50 million debt paydown in the second quarter of 2026 alongside sales and EBITDA growth; it follows a previous upgrade from Moody's Ratings. CFO Dean Nolden tied the action to disciplined execution and capital deployment, and S&P signaled potential for further upgrades over the next 12 months if Alliance sustains steady sales and EBITDA growth with prudent financial policies.

•1mo ago

ALH: 10-Q · periodic report

Alliance Laundry Holdings reported Q2 2026 net revenues of $476.8 million, up 6.6% year over year, with net income more than doubling to $68.7 million ($0.35 basic EPS vs. $0.18 a year ago). Six-month revenue rose 8.0% to $903.6 million with net income of $125.6 million, up 160.2%. The earnings surge was driven largely by balance-sheet repair: interest expense fell 54.8% to $17.8 million after $115.0 million of voluntary Term Loan prepayments in the first half, and a June 2026 Moody's upgrade from B2 to B1 cut the Term Loan margin to SOFR plus 2.00% effective June 30, 2026. North America powered the quarter with revenue up 9.2% to $359.3 million and Adjusted EBITDA margin of 31.6% (aided by $3.8 million of insurance proceeds and tariff refunds), while International revenue slipped 0.5% with Adjusted EBITDA down 8.0%, including a 35% equipment sales decline in the Middle East and Africa on geopolitical tensions. Post-quarter, on August 12, 2026, the company amended its Asset Backed Equipment Facility, raising the limit from $530.0 million to $600.0 million with room to reach $700.0 million and extending the term to August 10, 2029.

SEC 10-Q•2mo ago

Alliance Laundry Reports Second Quarter 2026 Results

Alliance Laundry reported Q2 revenue of $477 million, up 7% year-over-year, with Adjusted EBITDA rising 12% to $134 million and a gross margin of 39.8%. Net income increased 121% to $69 million, bolstered by a $22 million reduction in interest expense following the repayment of $825 million in debt over the past year. The company raised full-year 2026 Adjusted EBITDA growth guidance to 8% to 10% and set a target to reach 2.0x net leverage by fiscal year end.

•2mo ago

Alliance Receives Credit Ratings Upgrade from Moody's

Moody's upgraded Alliance Laundry's corporate family rating to B1 from B2, concurrently raising the rating on its senior secured credit facilities. The upgrade, which also triggers a 25 basis point reduction in borrowing costs on the term loan, is supported by the company's consistent deleveraging and steady organic growth. Management attributed the improved credit profile to operational discipline and strong free cash flow generation.

•3mo ago

ALH: 8-K · earnings release

Alliance Laundry Holdings Inc. reported first quarter 2026 net revenues of $427 million, a 10% increase from the prior year. This growth was driven by volume, pricing actions, and foreign exchange. The company's net income for the quarter was $57 million, up from $17 million in the same period of 2025, with a net income margin of 13.3%. The significant increase in net income was attributed to strong operating earnings and lower interest expense following debt reduction actions. Alliance also raised the low end of its full year 2026 revenue guidance to +6% to 7%, from the previous range of +5% to 7%. Adjusted EBITDA growth guidance was raised to +7% to 8%, from +6% to 8%, reflecting the company's confidence in its performance and cost management. Operating cash flow for the quarter was $80 million, up 76% from the prior year, demonstrating strong cash conversion and working capital discipline.

SEC 8-K•5mo ago

Alliance Reports First Quarter 2026 Results

Alliance reported Q1 2026 net revenues of $427 million, up 10% year-over-year, driven by broad-based growth across all end markets and geographies. Net income increased to $57 million from $17 million in the prior year, with a net income margin of 13.3%. Adjusted EBITDA grew 9% to $109 million, and Adjusted Net Income increased 84.9% to $63 million. The company repaid $65 million of debt in the quarter, reducing net leverage to 2.6x, and raised the low end of its full year 2026 revenue and Adjusted EBITDA guidance. Alliance's connected equipment continues to grow, with over 250,000 connected machines at the end of the quarter and the Scan/Pay/Wash solution processing over 100,000 transactions in March alone.

•5mo ago