Short answer
PERMA FIX ENVIRONMENTAL SERVICES INC (PESI) filed its Q2 2026 10-Q quarterly report on Aug 12, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $13M (down 11.7% year over year) with net income of −$6M.
Q2 2026 key financials · XBRL
- Revenue
- $13M
- −11.7% YoY · +15.8% QoQ
- Net income
- −$6M
- −128.3% YoY · +17.2% QoQ
- Operating margin
- -50.5%
- EPS (diluted)
- −$0.31
- −106.7% YoY · +22.5% QoQ
Source: XBRL data from the PERMA FIX ENVIRONMENTAL SERVICES INC (PESI) Q2 2026 10-Q on SEC EDGAR. USD.
PERMA FIX ENVIRONMENTAL SERVICES INC Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $12.885M, down 11.7% YoY from $14.586M
- Gross margin (19.4%) vs 10.6% YoY; operating margin (50.5%) vs (19.8%)
- Services strongest: revenue $4.596M, up 44.1%; Treatment weakest: $8.289M, down 27.3%
- Treatment gross margin (32.0%) vs 13.7%; Services gross margin 3.2% vs (0.6%)
- Hanford processing delayed to Q3 2026; management expects potential financial improvement during remainder of 2026
Risk Factors
- New going-concern risk: recurring losses and negative operating cash flows through first six months of 2026
- Government-project dependence: forecast cash flows rely on nonbinding DOE waste shipments and project activity
- Credit risk: $5,000,000 minimum daily PNC Liquidity requirement activates the $6,000,000 annual capital-expenditure cap
- Competitive execution risk: Hanford procurement ceiling of approximately $4.4 billion is shared among multiple subcontractors
- Financing risk: credit-facility maturity extended from May 15, 2027 to May 15, 2030
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other PERMA FIX ENVIRONMENTAL SERVICES INC quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.