Quarterly ResultMay 11, 2026, 04:07 PM
Enviri Q1 Adj. EPS $0.10; On Track for Clean Earth Sale & Spin-off
AI Summary
Enviri Corporation reported Q1 2026 results, with adjusted diluted EPS of $0.10, a significant improvement from a loss of $0.11 in Q1 2025. The company remains on track to complete the sale of Clean Earth and the spin-off of Harsco Environmental and Harsco Rail (New Enviri) by June 1, 2026. Revenues were $550 million, similar to the prior year, while GAAP consolidated loss from continuing operations increased to $8 million. Enviri reaffirmed its 2026 Adjusted EBITDA outlook for the future New Enviri businesses.
Key Highlights
- Enviri remains on track to complete Clean Earth sale and New Enviri spin-off by June 1, 2026.
- Q1 2026 adjusted diluted EPS from continuing operations was $0.10, up from $(0.11) in Q1 2025.
- Q1 2026 revenues totaled $550 million, a slight increase from $548 million in Q1 2025.
- Q1 2026 GAAP consolidated loss from continuing operations was $8 million, compared to $7 million loss in Q1 2025.
- Harsco Environmental Q1 revenues rose 6% to $257 million; Adjusted EBITDA was $38 million.
- Clean Earth Q1 revenues decreased 4% to $226 million; Adjusted EBITDA was $33 million.
- Net cash provided by operating activities increased to $22 million in Q1 2026 from $7 million in Q1 2025.
- Reaffirmed 2026 Proforma Adjusted EBITDA outlook for New Enviri at $140 million (mid-point).