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Waste Energy (WAST) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Waste Energy (WAST) reported revenue of $132K for the third quarter 2025 (Q3 2025) and +6% from the quarter before. Operating margin was -146.1%, net earnings $577K (435.5% of revenue).

Revenue$132K
Year over year—
Quarter over quarter+6%
Operating margin-146.1%
Net earnings$577K

Waste Energy, Q3 2025: revenue $132K, operating margin -146.1%, net earnings $577K, operating cash flow −$311K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$132K+6%—
Operating profit−$194K-553%—
Net earnings$577K——
Operating cash flow−$311K——

What changed

Revenue was $132K in Q3 2025, up 6% from the previous quarter. Consulting Services was the largest line at 94% of revenue.

Operating costs exceeded revenue by $194K, an operating margin of -146.1%. Net earnings were $577K. The effective tax rate was 0.0%. Non-operating items added $771K, 134% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$311K. Non-cash charges added back $13K of share-based compensation. Working capital and other items used $901K.

Questions

What was Waste Energy's revenue in the third quarter 2025?

Waste Energy (WAST) reported revenue of $132K for the third quarter 2025 (Q3 2025) and +6% from the quarter before.

Was Waste Energy profitable in the third quarter 2025?

Operating loss was $194K (-146.1% of revenue) and net earnings $577K.

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Source: Waste Energy 10-Q on SEC EDGAR.