Quarterly ResultMay 11, 2026, 04:22 PM
Enviri Q1 Revenue $550M, GAAP Loss $8M; Spin-off on Track
AI Summary
Enviri Corporation reported first quarter 2026 results with revenues of $550 million, a slight increase from the prior year. The company posted a GAAP consolidated loss from continuing operations of $8 million and a diluted loss per share of $0.12, though adjusted diluted earnings per share were $0.10. Adjusted EBITDA declined to $65 million. Enviri reaffirmed its outlook for Harsco Environmental and Harsco Rail and remains on track to complete the sale of Clean Earth and the spin-off of Harsco Environmental and Harsco Rail by June 1, 2026.
Key Highlights
- Enviri Q1 2026 revenues totaled $550 million, similar to $548 million in Q1 2025.
- GAAP consolidated loss from continuing operations was $8 million, compared to $7 million loss in Q1 2025.
- Diluted loss per share from continuing operations was $0.12, while adjusted diluted EPS was $0.10.
- Adjusted EBITDA for Q1 2026 was $65 million, down from $71 million in Q1 2025.
- Sale of Clean Earth and spin-off of Harsco Environmental and Harsco Rail (New Enviri) is on track for June 1, 2026.
- Harsco Environmental revenues increased 6% to $257 million, with Adjusted EBITDA of $38 million.
- Clean Earth revenues decreased 4% to $226 million, with Adjusted EBITDA of $33 million, impacted by weather disruptions.
- Harsco Rail revenues decreased 4% to $67 million, with an Adjusted EBITDA loss of $1 million.
- 2026 Adjusted EBITDA outlook reaffirmed for Harsco Environmental ($170M-$180M) and Harsco Rail ($-26M-$-19M).
- Net cash provided by operating activities increased to $22 million from $7 million in the prior-year period.
Price Impact
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