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Enviri (NVRI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Enviri (NVRI) reported revenue of $187M for the second quarter 2026 (Q2 2026), -41% from a year earlier and -66% from the quarter before. Operating margin was -130.5%, net loss $395M (210.6% of revenue).

Revenue$187M
Year over year-41%
Quarter over quarter-66%
Operating margin-130.5%
Net earnings−$395M

Enviri, Q2 2026: revenue $187M (-41% year over year), operating margin -130.5%, net loss $395M, operating cash flow −$297M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$187M-66%-41%
Operating profit−$244M-30923%—
Net earnings−$395M——
Operating cash flow−$297M-1479%—

What changed

Revenue was $187.3M in Q2 2026, down 41% year over year and down 66% from the previous quarter.

Operating costs exceeded revenue by $244.4M, an operating margin of -130.5%. Total costs grew 24% against a revenue fall of 41%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $394.5M, wider than the previous quarter's $9.5M loss.

Operating cash flow was −$296.9M. Non-cash charges added back $36.4M of depreciation and $9.1M of share-based compensation. Working capital and other items added $52.0M. Capital expenditures of $34.7M exceeded it, leaving free cash flow of −$331.6M.

Questions

What was Enviri's revenue in the second quarter 2026?

Enviri (NVRI) reported revenue of $187M for the second quarter 2026 (Q2 2026), -41% from a year earlier and -66% from the quarter before.

Was Enviri profitable in the second quarter 2026?

Operating loss was $244M (-130.5% of revenue) and net loss $395M.

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Source: Enviri 10-Q on SEC EDGAR.