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Vestis VSTS Canada — Operating Income (Loss)

Other segment segments

United States
$49.78M+168%

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Other financials

Income statement

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Revenue$659.4M-0.9%
Gross profit$173.7M-0.9%
Operating income$26.8M+412%
Net income$2.6M+109%
EPS (diluted)$0.02+110%

Balance sheet

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Cash & equivalents$50.3M+74.8%
Total debt$1.4B-1.8%
Total equity$867.2M-1.0%
Total assets$2.9B-1.2%

Cash flow

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Operating cash flow$58.3M+775%
CapEx$12.7M-6.1%
Free cash flow$45.6M+765%

Valuation

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Market cap$1.83B+146%
Enterprise value$3.16B+48.4%
P/S0.7×+0.4×

Profitability

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Gross margin26.1%-1.9pp
Operating margin3.2%-0.1pp
Net margin-0.6%
FCF margin3.6%-6.6pp

Returns & leverage

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Return on equity-2%
Debt / equity1.6×0.0×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Vestis in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Vestis’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 7:09 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-033871
Three Months Ended April 3, 2026United StatesCanadaTotal
Cost of services provided (exclusive of depreciation and amortization)441,75743,995485,752
Depreciation and amortization31,6952,45834,153
Selling, general and administrative expenses75,67512,12987,804
Reportable segment operating income49,7811,94751,728
Corporate and other(24,949)
Interest Expense, Net(21,065)
Other (Expense) Income, net(3,203)
(Loss) Income Before Income Taxes2,511

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Vestis's canada — operating income (loss)?
Vestis (VSTS) reported canada — operating income (loss) of $1.95M in Q1 2026.
How has Vestis's canada — operating income (loss) changed year-over-year?
Vestis's canada — operating income (loss) decreased by 6.3% year-over-year, from $2.08M to $1.95M.
What is the long-term trend for Vestis's canada — operating income (loss)?
Over 3 years (2022 to 2025), Vestis's canada — operating income (loss) has grown at a -20.8% compound annual growth rate (CAGR), from $18.01M to $8.96M.
What does canada — operating income (loss) mean?
Measures the profitability of the Canada segment by subtracting direct service costs and operating expenses from total segment revenue. It serves as the primary indicator of the segment's core business performance and its ability to generate sustainable returns from its operations. Investors use this metric to assess the segment's contribution to overall corporate profitability.

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