Enviri Corp
For the period ended Jun 30, 2026. Filed Aug 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (Unaudited)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| June 30 | June 30 | |||
| (In thousands, except per share amounts) | 2026 | 2025 | 2026 | 2025 |
| Revenues from continuing operations: | ||||
| Service revenues | $257,856 | $258,959 | $516,126 | $500,568 |
| Product revenues | 65,985 | 57,013 | 131,763 | 128,457 |
| Product revenues - Rail contract exit-related adjustments | (136,499) | — | (136,499) | — |
| Total revenues | 187,342 | 315,972 | 511,390 | 629,025 |
| Costs and expenses from continuing operations: | ||||
| Cost of services sold | 214,536 | 214,903 | 427,723 | 413,714 |
| Cost of products sold | 60,139 | 68,339 | 122,403 | 120,717 |
| Cost of products sold - Rail contract exit-related adjustments | 70,890 | — | 70,890 | — |
| Selling, general and administrative expenses | 49,062 | 53,773 | 101,430 | 105,844 |
| Research and development expenses | 654 | 775 | 1,072 | 1,309 |
| Property, plant and equipment impairment charge | — | 7,386 | — | 7,386 |
| Other expense (income), net | 36,484 | 2,379 | 38,180 | 6,590 |
| Total costs and expenses | 431,765 | 347,555 | 761,698 | 655,560 |
| Operating income (loss) from continuing operations | (244,423) | (31,583) | (250,308) | (26,535) |
| Interest income | 580 | 414 | 1,038 | 868 |
| Interest expense | (8,239) | (8,739) | (16,766) | (17,445) |
| Facility fees and debt-related income (expense) | (318) | (154) | (538) | (570) |
| Defined benefit pension income (expense) | (3,918) | (5,555) | (7,854) | (10,756) |
| Income (loss) from continuing operations before income taxes and equity in income | (256,318) | (45,617) | (274,428) | (54,438) |
| Income tax benefit (expense) from continuing operations | (40,548) | 905 | (45,694) | 4,325 |
| Equity in income (loss) of unconsolidated entities, net | 50 | 44 | 73 | 72 |
| Income (loss) from continuing operations | (296,816) | (44,668) | (320,049) | (50,041) |
| Discontinued operations: | ||||
| Income (loss) from discontinued operations | (91,927) | 2,182 | (108,172) | 4,753 |
| Income tax benefit (expense) from discontinued operations | (5,767) | (4,269) | 24,173 | (9,278) |
| Income (loss) from discontinued operations, net of tax | (97,694) | (2,087) | (83,999) | (4,525) |
| Net income (loss) | (394,510) | (46,755) | (404,048) | (54,566) |
| Less: Net loss (income) attributable to noncontrolling interests | (1,485) | (1,058) | (2,612) | (2,259) |
| Net income (loss) attributable to Enviri Corporation | $(395,995) | $(47,813) | $(406,660) | $(56,825) |
| Amounts attributable to Enviri Corporation common stockholders: | ||||
| Income (loss) from continuing operations, net of tax | $(298,301) | $(45,726) | $(322,661) | $(52,300) |
| Income (loss) from discontinued operations, net of tax | (97,694) | (2,087) | (83,999) | (4,525) |
| Net income (loss) attributable to Enviri Corporation common stockholders | $(395,995) | $(47,813) | $(406,660) | $(56,825) |
| Weighted-average shares of common stock outstanding (a) | 27,877 | 26,876 | 27,655 | 26,827 |
| Basic earnings (loss) per common share attributable to Enviri Corporation common stockholders: | ||||
| Continuing operations | $(10.70) | $(1.70) | $(11.67) | $(1.95) |
| Discontinued operations | (3.50) | (0.08) | (3.04) | (0.17) |
| Basic earnings (loss) per share attributable to Enviri Corporation common stockholders (b) | $(14.21) | $(1.78) | $(14.70) | $(2.12) |
| Diluted weighted-average shares of common stock outstanding (a) | 27,877 | 26,876 | 27,655 | 26,827 |
| Diluted earnings (loss) per common share attributable to Enviri Corporation common stockholders: | ||||
| Continuing operations | $(10.70) | $(1.70) | $(11.67) | $(1.95) |
| Discontinued operations | (3.50) | (0.08) | (3.04) | (0.17) |
| Diluted earnings (loss) per share attributable to Enviri Corporation common stockholders (b) | $(14.21) | $(1.78) | $(14.70) | $(2.12) |
(a)Weighted-average shares outstanding and earnings per share amounts for periods prior to the completion of the Transactions have been retrospectively adjusted to reflect the impact of the Transactions on the Company's capital structure.
(b)Earnings (loss) per share attributable to Enviri Corporation common stockholders is calculated based on actual amounts. As a result, these per share amounts may not total due to rounding.
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