Quest Resource Holding Q2 FY26 GAAP net loss widens to $12.2 million; revenue rises 7.6% to $64.1 million vs year-earlier quarter
QRHC•Quarterly results
- Quest Resource Holding posted Q2 revenue of $64.1 million, up 7.6% from a year earlier and up 3.8% from Q1.
- GAAP net loss widened to $12.2 million, including an $11 million non-cash goodwill impairment loss.
- Adjusted EBITDA rose to $2.8 million from $2.7 million a year earlier, helped by lower start-up costs and SG&A reduction.
- Gross margin fell 2.2 percentage points to 16.3% from a year earlier, while operating cash flow totaled $4.5 million.
Business and capital allocation updates
- The company notched four new share-of-wallet wins.
- It used cash flow to voluntarily repay $2 million of term debt, lifting year-to-date paydown to $4 million.
