Quest Resource Holding Corp (QRHC) Form 10-Q — Aug 6, 2026
Quest Resource Holding (QRHC) reported Q2 2026 revenue of $64.1 million, up 7.6% year-over-year, but swung to a net loss of $12.2 million (-$0.57 per share) versus a $2.0 million loss a year ago, with a six-month loss of $14.5 million. The loss was driven by an $11.0 million non-cash goodwill impairment: the stock traded below book value for a sustained period, and a third-party assessment found fair value below carrying value, leaving remaining goodwill at $70.1 million against stockholders' equity of just $26.8 million — signaling further impairment risk.
Key figures
- Eps
- -$0.57 Q2 2026; -$0.68 H1 2026
- Revenue
- $64.1 million Q2 2026; $125.8 million H1 2026
- Net Income
- -$12.2 million Q2 2026; -$14.5 million H1 2026
- Revenue Yoy
- +7.6% Q2 YoY; -1.7% H1 YoY
- Total Assets
- $134.3 million
- Cash Position
- $1.0 million
- Shares Outstanding
- 21092856
- Dso
- 70.5 days vs 75.9 days at Dec 31, 2025
- Gross margin q2
- 16.3% vs 18.5% prior year
- Working capital
- $7.9 million
- Tcb abl facility
- $40.0 million
- Adjusted ebitda h1
- $4.6 million (+8.1% YoY)
- Adjusted ebitda q2
- $2.8 million (+4.0% YoY)
- Remaining goodwill
- $70.1 million
- Goodwill impairment
- $11.0 million
- Stockholders equity
- $26.8 million
- Operating cash flow h1
- $4.7 million
- Monroe exit fee minimum
- $2.0 million
- Customer concentration q2
- 23.1% of revenue from one customer
- Loss on debt extinguishment h1
- $488 thousand
Price after filing
Close on the filing date to close N calendar days later (from $1.24). Historical, not a forecast.
AI analysis
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