Perma-Fix Q4 revenue rises, helped by higher Treatment Segment volumes

Perma-Fix Environmental Services

24/03/2026 11:14

Overview

U.S. nuclear waste manager's Q4 revenue rose yr/yr, driven by higher Treatment Segment volumes

Q4 gross profit more than doubled yr/yr, but net loss widened due to remediation reserve increase

Services Segment revenue fell in Q4, impacted by reduced project work and federal government shutdown

Outlook

Company expects operating losses to continue in Q1 2026 as it incurs fixed costs and investments

Perma-Fix anticipates improved financial performance as treatment throughput increases in 2026

Company expects increased waste volumes from DOE Hanford DFLAW program starting in 2026

Result Drivers

TREATMENT SEGMENT VOLUME - Q4 revenue and gross profit growth attributed to higher waste volumes and improved throughput in Treatment Segment

PERMIT EXPANSION - Renewal of Perma-Fix Northwest facility permit expanded processing capacity, positioning company for Hanford-related waste streams

INTERNATIONAL PROJECTS - International project activity expanded, with revenue from foreign entities up 163% yr/yr

Company press release: ID:nGNX304jQm

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$0.31
Q4 Gross Profit
$1.20 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Perma-Fix Environmental Services Inc is $20.00, about 66% above its March 23 closing price of $12.05

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 53 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)