Filing Flows › Perma FIX Environmental Services (PESI) › Q2 2026
Perma FIX Environmental Services (PESI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Perma FIX Environmental Services (PESI) reported revenue of $12.9M for the second quarter 2026 (Q2 2026), -12% from a year earlier and +16% from the quarter before. Operating margin was -50.5%, net loss $6.2M (48.1% of revenue).
Perma FIX Environmental Services, Q2 2026: revenue $12.9M (-12% year over year), operating margin -50.5%, net loss $6.2M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.9M | +16% | -12% |
| Operating profit | −$6.5M | — | — |
| Net earnings | −$6.2M | — | — |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $12.9M in Q2 2026, down 12% year over year and up 16% from the previous quarter. Treatment was the largest line at 64% of revenue. Treatment lost $3.1M year over year (down 27%), 183% of the total change.
Operating costs exceeded revenue by $6.5M, an operating margin of -50.5%. The quarter ended with a net loss of $6.2M, narrower than the previous quarter's $7.5M loss.
Operating cash flow was −$5.2M. Non-cash charges added back $484K of depreciation and amortization and $182K of share-based compensation. Working capital and other items added $357K. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$7.0M.
Questions
What was Perma FIX Environmental Services' revenue in the second quarter 2026?
Perma FIX Environmental Services (PESI) reported revenue of $12.9M for the second quarter 2026 (Q2 2026), -12% from a year earlier and +16% from the quarter before.
Was Perma FIX Environmental Services profitable in the second quarter 2026?
Operating loss was $6.5M (-50.5% of revenue) and net loss $6.2M.