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Side-by-side financial comparison of DLH Holdings Corp. (DLHC) and EVI INDUSTRIES, INC. (EVI). Click either name above to swap in a different company.

EVI INDUSTRIES, INC. is the larger business by last-quarter revenue ($115.3M vs $68.9M, roughly 1.7× DLH Holdings Corp.). EVI INDUSTRIES, INC. runs the higher net margin — 2.1% vs -1.9%, a 4.0% gap on every dollar of revenue. On growth, EVI INDUSTRIES, INC. posted the faster year-over-year revenue change (24.4% vs -24.1%). Over the past eight quarters, EVI INDUSTRIES, INC.'s revenue compounded faster (17.2% CAGR vs -17.4%).

DLH Holdings Corp. is a U.S.-based provider of technology-enabled healthcare, logistics, engineering, and mission support services primarily serving federal government agencies including the Department of Veterans Affairs, Department of Defense, and Department of Health and Human Services, as well as select state and local government clients across core public service segments.

EVI Industries, Inc. is a leading distributor of commercial laundry, dry cleaning, and garment care equipment, as well as related parts and supplies. It primarily serves commercial customers across North America, including laundromats, hospitality businesses, healthcare facilities, and multi-family housing properties, offering installation, maintenance and after-sales support services.

DLHC vs EVI — Head-to-Head

Bigger by revenue
EVI
EVI
1.7× larger
EVI
$115.3M
$68.9M
DLHC
Growing faster (revenue YoY)
EVI
EVI
+48.5% gap
EVI
24.4%
-24.1%
DLHC
Higher net margin
EVI
EVI
4.0% more per $
EVI
2.1%
-1.9%
DLHC
Faster 2-yr revenue CAGR
EVI
EVI
Annualised
EVI
17.2%
-17.4%
DLHC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
DLHC
DLHC
EVI
EVI
Revenue
$68.9M
$115.3M
Net Profit
$-1.3M
$2.4M
Gross Margin
30.8%
Operating Margin
2.1%
3.7%
Net Margin
-1.9%
2.1%
Revenue YoY
-24.1%
24.4%
Net Profit YoY
-218.7%
109.9%
EPS (diluted)
$-0.09
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLHC
DLHC
EVI
EVI
Q4 25
$68.9M
$115.3M
Q3 25
$81.2M
$108.3M
Q2 25
$83.3M
$110.0M
Q1 25
$89.2M
$93.5M
Q4 24
$90.8M
$92.7M
Q3 24
$96.4M
$93.6M
Q2 24
$100.7M
$90.1M
Q1 24
$101.0M
$84.0M
Net Profit
DLHC
DLHC
EVI
EVI
Q4 25
$-1.3M
$2.4M
Q3 25
$-920.0K
$1.8M
Q2 25
$289.0K
$2.1M
Q1 25
$878.0K
$1.0M
Q4 24
$1.1M
$1.1M
Q3 24
$2.3M
$3.2M
Q2 24
$1.1M
$2.1M
Q1 24
$1.8M
$956.0K
Gross Margin
DLHC
DLHC
EVI
EVI
Q4 25
30.8%
Q3 25
31.3%
Q2 25
30.8%
Q1 25
30.0%
Q4 24
29.7%
Q3 24
30.8%
Q2 24
30.4%
Q1 24
30.7%
Operating Margin
DLHC
DLHC
EVI
EVI
Q4 25
2.1%
3.7%
Q3 25
2.8%
3.3%
Q2 25
4.5%
3.7%
Q1 25
5.7%
2.4%
Q4 24
6.2%
2.6%
Q3 24
6.6%
5.3%
Q2 24
5.7%
4.1%
Q1 24
5.9%
2.9%
Net Margin
DLHC
DLHC
EVI
EVI
Q4 25
-1.9%
2.1%
Q3 25
-1.1%
1.7%
Q2 25
0.3%
1.9%
Q1 25
1.0%
1.1%
Q4 24
1.2%
1.2%
Q3 24
2.4%
3.5%
Q2 24
1.1%
2.3%
Q1 24
1.8%
1.1%
EPS (diluted)
DLHC
DLHC
EVI
EVI
Q4 25
$-0.09
$0.15
Q3 25
$-0.07
$0.11
Q2 25
$0.02
$0.14
Q1 25
$0.06
$0.07
Q4 24
$0.08
$0.07
Q3 24
$0.16
$0.21
Q2 24
$0.08
$0.13
Q1 24
$0.12
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLHC
DLHC
EVI
EVI
Cash + ST InvestmentsLiquidity on hand
$257.0K
Total DebtLower is stronger
$133.5M
Stockholders' EquityBook value
$112.2M
$144.0M
Total Assets
$283.5M
$315.6M
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLHC
DLHC
EVI
EVI
Q4 25
$257.0K
Q3 25
$125.0K
$4.7M
Q2 25
$194.0K
$8.9M
Q1 25
$196.0K
$5.9M
Q4 24
$451.0K
$3.9M
Q3 24
$342.0K
$4.4M
Q2 24
$423.0K
$4.6M
Q1 24
$238.0K
$3.3M
Total Debt
DLHC
DLHC
EVI
EVI
Q4 25
$133.5M
Q3 25
$128.0M
Q2 25
$138.3M
Q1 25
$147.3M
$24.0M
Q4 24
$162.2M
$27.9M
Q3 24
$149.4M
$19.9M
Q2 24
$160.9M
$12.9M
Q1 24
$164.8M
$21.9M
Stockholders' Equity
DLHC
DLHC
EVI
EVI
Q4 25
$112.2M
$144.0M
Q3 25
$113.0M
$140.8M
Q2 25
$113.7M
$143.5M
Q1 25
$112.8M
$140.2M
Q4 24
$111.4M
$138.0M
Q3 24
$110.1M
$136.1M
Q2 24
$108.6M
$136.6M
Q1 24
$106.8M
$133.5M
Total Assets
DLHC
DLHC
EVI
EVI
Q4 25
$283.5M
$315.6M
Q3 25
$290.7M
$321.8M
Q2 25
$299.3M
$307.0M
Q1 25
$306.6M
$251.8M
Q4 24
$325.0M
$248.8M
Q3 24
$314.4M
$245.5M
Q2 24
$325.0M
$230.7M
Q1 24
$325.9M
$239.3M
Debt / Equity
DLHC
DLHC
EVI
EVI
Q4 25
1.19×
Q3 25
1.13×
Q2 25
1.22×
Q1 25
1.31×
0.17×
Q4 24
1.46×
0.20×
Q3 24
1.36×
0.15×
Q2 24
1.48×
0.09×
Q1 24
1.54×
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLHC
DLHC
EVI
EVI
Operating Cash FlowLast quarter
$-4.8M
$4.0M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-7.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters
$29.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLHC
DLHC
EVI
EVI
Q4 25
$-4.8M
$4.0M
Q3 25
$10.7M
$1.0M
Q2 25
$9.6M
$9.9M
Q1 25
$14.5M
$9.1M
Q4 24
$-11.5M
$2.0M
Q3 24
$12.4M
$207.0K
Q2 24
$4.6M
$12.4M
Q1 24
$5.2M
$9.4M
Free Cash Flow
DLHC
DLHC
EVI
EVI
Q4 25
$-4.8M
Q3 25
$10.7M
$-890.0K
Q2 25
$9.4M
$8.2M
Q1 25
$14.0M
$8.1M
Q4 24
$-12.1M
$1.1M
Q3 24
$12.2M
$-1.0M
Q2 24
$4.5M
$11.2M
Q1 24
$4.9M
$8.1M
FCF Margin
DLHC
DLHC
EVI
EVI
Q4 25
-7.0%
Q3 25
13.1%
-0.8%
Q2 25
11.2%
7.5%
Q1 25
15.6%
8.7%
Q4 24
-13.3%
1.2%
Q3 24
12.7%
-1.1%
Q2 24
4.4%
12.4%
Q1 24
4.9%
9.7%
Capex Intensity
DLHC
DLHC
EVI
EVI
Q4 25
0.1%
Q3 25
0.0%
1.8%
Q2 25
0.3%
1.5%
Q1 25
0.6%
1.1%
Q4 24
0.6%
0.9%
Q3 24
0.2%
1.3%
Q2 24
0.2%
1.3%
Q1 24
0.3%
1.5%
Cash Conversion
DLHC
DLHC
EVI
EVI
Q4 25
1.70×
Q3 25
0.55×
Q2 25
33.12×
4.74×
Q1 25
16.52×
8.79×
Q4 24
-10.35×
1.74×
Q3 24
5.42×
0.06×
Q2 24
4.06×
5.99×
Q1 24
2.89×
9.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLHC
DLHC

Sales Channel Directly To Consumer$64.5M94%
Sales Channel Through Intermediary$4.4M6%

EVI
EVI

Segment breakdown not available.

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