Earnings ·
Quest Resource reports Q3 revenue of $63.8M and adjusted EBITDA of $3.4M
QRHCQuest Resource Holding Corp
Quest Resource Holding Corporation reported third-quarter 2026 financial results with revenue of $63.8 million, a 0.7% increase from the prior year period but a 0.5% decrease sequentially. Gross profit reached $11.4 million, up 9.1% from the second quarter, driven by a 150 basis point expansion in gross margin to 17.8%. The company posted a GAAP net loss of $0.5 million, or $(0.02) per share, compared to a net loss of $1.3 million in the year-ago quarter and a significantly larger loss of $12.2 million in Q2 2026 which included an $11.0 million non-cash goodwill impairment. Adjusted EBITDA grew to $3.4 million, up from $2.9 million in the prior year period and $2.8 million sequentially. Quest operates as a national provider of environmental waste and recycling services for larger businesses.