Perma-Fix Q1 revenue falls, hurt by lower waste volumes

Perma-Fix Environmental Services

06/05/2026 12:33

Overview

Nuclear waste management firm's Q1 revenue fell yr/yr due to lower waste volumes and project delays

Company posted wider Q1 net loss and EBITDA loss compared to prior year

Management expects improved performance from Q2 as Hanford and PFAS projects ramp up

Outlook

Company expects improved performance beginning in Q2 2026 and through the balance of the yr

Perma-Fix cites Hanford waste receipts, PFAS expansion, and grouting as drivers for 2026 outlook

Company says quarterly variability may persist due to timing of government programs and shipments

Result Drivers

LOWER WASTE VOLUMES - Co said Treatment Segment revenue fell due to lower waste receipts and less favorable average waste pricing mix

SEASONAL DELAYS - Services Segment revenue declined due to reduced field activity, driven by winter weather and post-holiday slowdowns

HIGHER FIXED COSTS - Increased fixed costs from investments in infrastructure and workforce ahead of anticipated Hanford activity weighed on Treatment Segment margins

Company press release: ID:nGNXbD6BDc

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.40
Q1 EBITDA
-$7 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)