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Waste Energy (WAST) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Waste Energy (WAST) reported revenue of $22K for the second quarter 2026 (Q2 2026), -82% from a year earlier and -73% from the quarter before. Operating margin was -168.8%.

Revenue$22K
Year over year-82%
Quarter over quarter-73%
Operating margin-168.8%
Net earnings$1.8M

Waste Energy, Q2 2026: revenue $22K (-82% year over year), operating margin -168.8%, net earnings $1.8M, operating cash flow −$13K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$22K-73%-82%
Operating profit−$38K—-189%
Net earnings$1.8M——
Operating cash flow−$13K——

What changed

Revenue was $22K in Q2 2026, down 82% year over year and down 73% from the previous quarter. Consulting Services was the largest line at 56% of revenue. Consulting Services lost $112K year over year (down 90%), 110% of the total change.

Gross margin was 100.0%, unchanged from Q2 2025. Operating costs exceeded revenue by $38K, an operating margin of -168.8%. Operating expenses fell 26% while revenue fell 82%. Net earnings were $1.8M. The effective tax rate was 0.0%. Non-operating items added $1.9M, 102% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$13K. Non-cash charges added back $8K of share-based compensation. Working capital and other items used $1.9M.

Questions

What was Waste Energy's revenue in the second quarter 2026?

Waste Energy (WAST) reported revenue of $22K for the second quarter 2026 (Q2 2026), -82% from a year earlier and -73% from the quarter before.

Was Waste Energy profitable in the second quarter 2026?

Operating loss was $38K (-168.8% of revenue) and net earnings $1.8M.

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Source: Waste Energy 10-Q on SEC EDGAR.