Filing Flows › Perma FIX Environmental Services (PESI) › Q3 2026
Perma FIX Environmental Services (PESI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Perma FIX Environmental Services (PESI) reported revenue of $17.9M for the third quarter 2026 (Q3 2026), +3% from a year earlier and +39% from the quarter before. Operating margin was -20.4%, net loss $3.5M (19.3% of revenue).
Perma FIX Environmental Services, Q3 2026: revenue $17.9M (+3% year over year), operating margin -20.4%, net loss $3.5M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.9M | +39% | +3% |
| Operating profit | −$3.7M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $17.9M in Q3 2026, up 3% year over year and up 39% from the previous quarter. Treatment was the largest line at 65% of revenue. Services added $2.0M year over year (up 46%), 406% of the total change. Treatment declined 12%.
Gross margin was 3.1%, down 11.6 points from Q3 2025. Operating costs exceeded revenue by $3.7M, an operating margin of -20.4%. Operating expenses fell 5% while revenue rose 3%. The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $6.2M loss.
Operating cash flow was −$2.0M. Non-cash charges added back $495K of depreciation and amortization and $233K of share-based compensation. Working capital and other items added $684K. Capital expenditures of $2.5M exceeded it, leaving free cash flow of −$4.6M.
Questions
What was Perma FIX Environmental Services' revenue in the third quarter 2026?
Perma FIX Environmental Services (PESI) reported revenue of $17.9M for the third quarter 2026 (Q3 2026), +3% from a year earlier and +39% from the quarter before.
Was Perma FIX Environmental Services profitable in the third quarter 2026?
Operating loss was $3.7M (-20.4% of revenue) and net loss $3.5M.