Cintas (asi/162167) is continuing an impressive growth trajectory.

The Counselor Top 40 distributor finished out its fiscal 2027 first quarter at just over $3 billion, compared to $2.72 billion for the same period the previous year, an overall increase of 10.9%. Organic revenue, which accounts for factors like foreign currency exchange rate fluctuations, grew 8.9%. The firm has also raised full FY27 financial guidance from previous estimates, expecting annual revenue to reach a range of $12.10 billion to $12.25 billion.

“We are pleased with our start to fiscal 2027,” said Todd Schneider, CEO of Cintas. “Our employee-partners delivered another strong quarter, producing record revenue and record operating margin. These results demonstrate the strength of our business model and our ability to help customers operate their facilities in a clean, safe and professional manner.”

The publicly traded firm’s latest financial disclosure comes as the Federal Trade Commission continues to review Cintas’ transaction to acquire fellow uniform and workwear provider UniFirst, an agreement it announced back in March after several years of unsuccessful bids.

Gross margin for the first quarter of FY2027 was 51.5%, compared to 50.3% during the same period last year, which the company said was an all-time high. Operating income increased by 15.2% to $711.9 million, a figure that included $14.4 million of transaction expenses related to the proposed UniFirst deal.

“We continue to engage with the U.S. Federal Trade Commission as it reviews our transaction with UniFirst,” Schneider said. “We remain excited about the substantial value we expect to create for shareholders and customers through the transaction, and we look forward to welcoming the UniFirst Team Partners to Cintas once the transaction is complete, which we expect to occur prior to the end of calendar 2026.”

Because the deal has yet to be finalized, Cintas’ growth last quarter does not include any added revenue from UniFirst.

Uniform rental/facility services and fire protection services experienced growth in single-digit percentages (8% and 9.2%, respectively), with Cintas’ first aid and safety services exceeding that and increasing by 14%. Diluted earnings per share were reported at $1.36, a 13.3% increase from the same fiscal quarter last year.

Based on estimated 2025 North American promotional products revenue of $256.8 million, Cintas ranks 14th on Counselor’s most recent list of largest distributors in the industry. That figure does not account for the company’s UniFirst acquisition. As of Sept. 24, 2026, Cintas (NASDAQ: CTAS) shares were trading at approximately $196.92.