TOMI Environmental Solutions, Inc.® ("TOMI") (NASDAQ:TOMZ), a global leader in disinfection/decontamination solutions, reports preliminary unaudited BIT Solution revenue for the first quarter of 2026. TOMI employs a Razor and Blade business model for iHP decontamination. The Company sells a durable primary delivery system (the "razor") under the SteraMist brand, at a competitive price point. Delivery system sales drive ongoing demand for our EPA-registered BIT solution, a high-margin consumable (the "blade"). BIT Solution sales have historically generated gross margins in excess of 80%, well above TOMI's historical consolidated gross margins.
Since 2024, BIT solution sales have shown steady annual growth, increasing from $872,380 in 2024 to $1,065,172 in 2025. In the first quarter of 2026, BIT solution sales and orders totaled approximately $427,000.
TOMI sells 55-gallon drums, which play a crucial role in SteraMist automated integration builds and contribute to ongoing high-margin recurring revenue. Historically, sales of these 55-gallon drums occur in the latter half of the year; in 2024, TOMI sold five (5) 55-gallon drums, increasing to seven (7) drums in 2025. This year, TOMI anticipates selling ten (10) drums, driven by a growing pipeline of automated integration builds scheduled for delivery by year-end.
As noted in the Company's previous press release, total orders produced in the first quarter amounted to approximately $3,360,000 million, with preliminary figures indicating approximately $1.7 million in recognized revenue for the quarter. This $3.3 million in orders positions TOMI to potentially exceed $12 million in revenue for the 2026 fiscal year.
Login to comment