---
title: "Enviri | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 549.8 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285991993.md"
datetime: "2026-05-11T20:27:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285991993.md)
  - [en](https://longbridge.com/en/news/285991993.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285991993.md)
---

# Enviri | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 549.8 M

Revenue: As of FY2026 Q1, the actual value is USD 549.8 M, beating the estimate of USD 546.25 M.

EPS: As of FY2026 Q1, the actual value is USD -0.12, beating the estimate of USD -0.345.

EBIT: As of FY2026 Q1, the actual value is USD 28.15 M.

#### Consolidated Financial Performance (Q1 2026 vs. Q1 2025)

-   **Revenues**
    -   Total revenues for the first quarter of 2026 were $550 million, compared to $548 million in the prior-year quarter . Foreign currency (FX) translation positively impacted first quarter 2026 revenues by approximately $17 million .
-   **Operating Income (Loss)**
    -   GAAP operating income from continuing operations was $1 million in Q1 2026, a decrease from $29 million in Q1 2025 .
-   **Income (Loss) from Continuing Operations**
    -   GAAP consolidated loss from continuing operations was -$8 million in Q1 2026, compared to a loss of -$7 million in Q1 2025 .
    -   Net loss attributable to Enviri Corporation common stockholders was -$10,665 thousand in Q1 2026, compared to -$9,013 thousand in Q1 2025 .
-   **Adjusted EBITDA**
    -   Adjusted EBITDA totaled $65 million in Q1 2026, down from $71 million in Q1 2025 .
    -   Adjusted EBITDA margin was 11.8% in Q1 2026, decreasing from 12.9% in Q1 2025 .
-   **Cash Flow**
    -   Net cash provided by operating activities was $22 million in Q1 2026, an increase from $7 million in the prior-year period .
    -   Adjusted free cash flow was -$6 million in Q1 2026, an improvement from -$13 million in the prior-year period . This change is attributed to changes in working capital and timing of related items, partially offset by lower cash earnings and higher capital expenditures .

#### Segment Performance (Q1 2026 vs. Q1 2025)

-   **Harsco Environmental**
    -   Revenues totaled $257 million in Q1 2026, a 6% increase from $243 million in the prior-year quarter . This increase was due to FX translation impacts and higher services demand, partially offset by contract exits .
    -   GAAP operating income remained flat at $10 million in both Q1 2026 and Q1 2025 .
    -   Adjusted EBITDA was $38 million in Q1 2026, down from $39 million in the prior-year period .
    -   Adjusted EBITDA margin was 15.0% in Q1 2026, compared to 16.2% in Q1 2025 .
-   **Clean Earth**
    -   Revenues totaled $226 million in Q1 2026, a 4% decrease from $235 million in the prior-year quarter . This decrease was primarily due to less project-related work and lower volumes from industrial customers, largely impacted by weather-related disruptions .
    -   GAAP operating income was $16 million in Q1 2026, down from $22 million in the prior-year period .
    -   Adjusted EBITDA was $33 million in Q1 2026, down from $38 million in the prior-year period .
    -   Adjusted EBITDA margin was 14.6% in Q1 2026, compared to 16.1% in Q1 2025 .
-   **Harsco Rail**
    -   Revenues totaled $67 million in Q1 2026, a 4% decrease from $70 million in the prior-year quarter . This was due to lower equipment revenues, partially offset by higher aftermarket parts and contracted services revenues .
    -   GAAP operating loss was -$3 million in Q1 2026, compared to an income of $7 million in the prior-year period .
    -   Adjusted EBITDA loss was -$1 million in Q1 2026, an improvement from -$2 million in the prior-year period .
    -   Adjusted EBITDA margin was -1.6% in Q1 2026, compared to -3.2% in Q1 2025 .

#### Outlook / Guidance for 2026

Enviri Corporation reaffirms its 2026 Adjusted EBITDA guidance for Harsco Environmental and Harsco Rail, projecting a Proforma Adjusted EBITDA for ‘New Enviri’ of approximately $140 million at the guidance range mid-point . The company anticipates improved cash generation for Harsco Environmental and Harsco Rail, though overall free cash flow is expected to remain muted due to the cash burden of Rail’s existing engineered-to-order (ETO) contracts in the short term . Specifically, Adjusted EBITDA for Harsco Environmental is guided between $170 million to $180 million, while Harsco Rail’s Adjusted EBITDA is projected to be between -$26 million to -$19 million .

### Related Stocks

- [NVRI.US](https://longbridge.com/en/quote/NVRI.US.md)

## Related News & Research

- [Enviri Announces Merger Consideration for Sale of Clean Earth and Update Regarding Spin-Off of New Enviri | NVRI Stock News](https://longbridge.com/en/news/287123147.md)
- [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md)
- [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md)
- [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md)
- [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md)