Quest Resource Q4 revenue falls on lower industrial volumes

Quest Resource Holding

12/03/2026 21:18

Overview

U.S. waste and recycling firm's Q4 revenue fell 15.8% yr/yr on lower industrial volumes

Adjusted EBITDA for Q4 rose to $2.1 mln from $1.7 mln a year earlier

Company reduced debt by $2 mln in Q4

Outlook

Company expects strategic initiatives and new customer wins to support improved performance in 2026

Company says recent refinancing and covenant easements provide financial flexibility for 2026 and 2027

Result Drivers

LOWER INDUSTRIAL VOLUMES - Co said Q4 revenue decline was driven by lower volumes from large industrial customers

Company press release: ID:nGNX5gPqhD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$58.9 mln
$61.32 mln (2 Analysts)
Q4 Adjusted EBITDA
Miss
$2.1 mln
$2.81 mln (2 Analysts)
Q4 Gross Margin
15.5%
Q4 Gross Profit
$9.1 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

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

Wall Street's median 12-month price target for Quest Resource Holding Corp is $3.00, about 89.9% above its March 11 closing price of $1.58

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 102 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.)