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Enviri (NVRI) guidance and outlook
Enviri (NVRI) raised its guidance on Nov 5, 2026: EBITDA (segment) $180M–$184M for FY2026. Enviri's 10-Q filed Nov 5, 2026 makes 15 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EBITDA | FY2026 | $180M–$184M | new |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- (2) the Company's ability to effectively implement its business strategy and improvement initiatives and realize the expected benefits therefrom;
- (11) higher than expected claims under the Company’s insurance policies, or losses that are uninsurable or that exceed existing insurance coverage;
- As a result of these actions, the Company recorded a loss of $207.4 million during the three months ended June 30, 2026, which includes non-cash impairment charges of $40.5 million related to net contract assets, $21.5 million of inventory and $12.9 million of prepaid balances specific to the projects, as well as an estimated incremental liability of approximately $133 million to address future obligations…
- The Company intends to vigorously contest any damages based on multiple available defenses.
- On August 10, 2026, the Company entered into a definitive agreement with GBM to sell all project-related assets related to the Deutsche Bahn contract, including inventory and intellectual property, to GBM for up to €37.5 million, or $42.5 million at September 30, 2026, payable over three installments.
- The Company expects these contract exits to conclude its exposure to its legacy ETO contract risks.
- • A total net loss of $195.9 million recognized during the nine months ended September 30, 2026 related to the Company's decision to exit its contracts with Network Rail and Deutsche Bahn, which includes the impairment of net contract assets, inventory and prepaid balances specific to the projects, as well as an estimated incremental liability to address future obligations related to these contracts.
- The Company currently expects to have sufficient financial liquidity and borrowing capacity to support the strategies within each of its businesses.
- The Company also expects operational and business needs to be met by cash provided by operations, supplemented with borrowings from time-to-time, principally under the Senior Secured Credit Facilities, and by cash proceeds from asset sales.
- The Company expects the Senior Secured Credit Facilities to be fully available based on continued compliance with the related covenants based on its current outlook.
- The Company expects to continue to utilize the Revolving Credit Facility to meet future cash requirements for operations and growth initiatives.
- The Company expects that it will maintain compliance with the amended covenants based on current forecasts.
Enviri's latest quarter
Enviri, Q3 2026: revenue $325M (+0.1% year over year), operating margin 7.2%, net earnings $2.5M, operating cash flow −$6.9M. The chart follows the revenue to costs, profit and cash.
Questions
Did Enviri raise or lower its guidance?
Enviri (NVRI) raised its guidance on Nov 5, 2026: EBITDA (segment) $180M–$184M for FY2026.
What does Enviri expect?
(2) the Company's ability to effectively implement its business strategy and improvement initiatives and realize the expected benefits therefrom; (11) higher than expected claims under the Company’s insurance policies, or losses that are uninsurable or that exceed existing insurance coverage; As a result of these actions, the Company recorded a loss of $207.4 million during the three months ended June 30, 2026, which includes non-cash impairment charges of $40.5 million related to net contract assets, $21.5 million of inventory and $12.9 million of prepaid balances specific to the projects, as
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.