Covista Inc.
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
CVSA$110.32-2.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Adjusted EBITDA
Adjusted EBITDA
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · | ||||||||||||
| · · September 30, · | ||||||||||||
| · · · · · · · · Increase/(Decrease) · | ||||||||||||
| · · 2026 · · 2025 · · $ · · % · | ||||||||||||
| Chamberlain: | | | | | | | | | | | | |
| Adjusted operating income (GAAP) | | $26,730 | | $25,608 | | $1,122 | | 4.4% | ||||
| Depreciation | | | 6,094 | | | 5,375 | | | 719 | | | |
| Amortization of cloud computing implementation assets | | | 2,386 | | | 1,527 | | | 859 | | | |
| Stock-based compensation | | | 2,372 | | | 2,570 | | | (198) | | | |
| Adjusted EBITDA (non-GAAP) | | $37,582 | | $35,080 | | $2,502 | | 7.1% | ||||
| Adjusted EBITDA margin (non-GAAP) | | | 19.5% | | 19.6% | | | | | | ||
| | | | | | | | | | | | | |
| Walden: | | | | | | | | | | | | |
| Adjusted operating income (GAAP) | | $65,043 | | $56,074 | | $8,969 | | 16.0% | ||||
| Depreciation | | | 1,784 | | | 1,940 | | | (156) | | | |
| Amortization of cloud computing implementation assets | | | 2,253 | | | 1,204 | | | 1,049 | | | |
| Stock-based compensation | | | 2,782 | | | 2,653 | | | 129 | | | |
| Adjusted EBITDA (non-GAAP) | | $71,862 | | $61,871 | | $9,991 | | 16.1% | ||||
| Adjusted EBITDA margin (non-GAAP) | | | 33.2% | | 32.6% | | | | | | ||
| | | | | | | | | | | | | |
| Medical and Veterinary: | | | | | | | | | | | | |
| Adjusted operating income (GAAP) | | $22,251 | | $16,772 | | $5,479 | | 32.7% | ||||
| Depreciation | | | 2,823 | | | 2,820 | | | 3 | | | |
| Amortization of cloud computing implementation assets | | | 931 | | | 411 | | | 520 | | | |
| Stock-based compensation | | | 1,390 | | | 1,410 | | | (20) | | | |
| Adjusted EBITDA (non-GAAP) | | $27,395 | | $21,413 | | $5,982 | | 27.9% | ||||
| Adjusted EBITDA margin (non-GAAP) | | | 26.7% | | 23.0% | | | | | | ||
| | | | | | | | | | | | | |
| Covista(1): | | | | | | | | | | | | |
| Net income (GAAP) | | $67,427 | | $61,832 | | $5,595 | | 9.0% | ||||
| Loss (income) from discontinued operations | | | 4,055 | | | (770) | | | 4,825 | | | |
| Interest expense | | | 9,944 | | | 11,090 | | | (1,146) | | | |
| Other income, net | | | (1,416) | | | (2,486) | | | 1,070 | | | |
| Provision for income taxes | | | 18,017 | | | 15,811 | | | 2,206 | | | |
| Depreciation and amortization | | | 17,826 | | | 16,243 | | | 1,583 | | | |
| Stock-based compensation | | | 8,181 | | | 8,293 | | | (112) | | | |
| Restructuring expense | | | 163 | | | 310 | | | (147) | | | |
| Strategic advisory costs | | | 6,231 | | | 1,684 | | | 4,547 | | | |
| Debt modification costs | | | 756 | | | — | | | 756 | | | |
| Adjusted EBITDA (non-GAAP) | | $131,184 | | $112,007 | | $19,177 | | 17.1% | ||||
| Adjusted EBITDA margin (non-GAAP) | | | 25.6% | | 24.2% | | | | | | ||
(1) Consolidated results include Home Office activities not allocated to segments.
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