Vestis Corp. posts FY net income loss of USD 40.2 million, down from prior year profit
Reuters
Yesterday
Vestis Corp. posts FY net income loss of USD 40.2 million, down from prior year profit
Vestis Corp. $(VSTS)$ reported its financial results for the fourth quarter (Q4) and full year (FY) ended October 3, 2025. In Q4, revenue totaled USD 712 million. Operating income for the period was USD 18 million. Vestis Corp. reported a net loss of USD 13 million, or USD 0.10 per diluted share, for the quarter. Adjusted net income was USD 4 million, or USD 0.03 per diluted share, while adjusted EBITDA stood at USD 65 million. Cash flows provided by operating activities reached USD 31 million, with free cash flow at USD 16 million. Available liquidity at the end of the period was USD 298 million, including USD 30 million in cash and cash equivalents. For the full year (FY), revenue was USD 2.7 billion. Cost of services provided for the year amounted to USD 2.0 billion.
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