Onterris Q2 revenue misses estimates, cuts 2026 outlook
ONT•What drove the quarter
The company said the revenue decline was primarily due to historically low environmental emergency response and related recovery service revenues versus an abnormally high prior-year quarter.
Improved project mix and ongoing cost discipline partially offset the lower revenue, supporting a higher adjusted EBITDA margin. Onterris said stable cash flow expectations are supported by its relatively predictable testing business and known consulting and treatment projects.
Full-year outlook lowered
The US environmental solutions firm cut its full-year 2026 guidance due to lower emergency response revenue.
- 2026 revenue guidance was lowered to $740 mln-$790 mln from $840 mln-$900 mln.
- 2026 adjusted EBITDA outlook was cut to $117 mln-$120 mln from $125 mln-$130 mln.
- For Q3 2026, Onterris expects revenue of $190 mln-$210 mln and adjusted EBITDA margin of 17%-18%.
Q2 results miss estimates
Onterris said second-quarter revenue and adjusted earnings per share fell and both missed analyst expectations.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Miss | $186.66 mln | $199.31 mln (5 Analysts) |
| Q2 Net Income | $1.37 mln | ||
| Q2 Income From Operations | $6.45 mln |
