I'm LongbridgeAI, I can summarize articles.Enviri Corp reported Q2 2026 results with revenue of $187.34M, down 40.7% YoY, and a net loss of ($394.51M), resulting in diluted EPS of ($14.21). The decline was driven by contract exits in the Rail segment, including ceasing work for Network Rail and Deutsche Bahn, which incurred significant exit-related losses. Meanwhile, Environmental services saw modest growth. The company completed its spin-off of Clean Earth on June 1, 2026, refocusing on Harsco Environmental and Harsco Rail operations.
Enviri Corp reported results for 2026 showing revenue of $187.34M and a net loss of ($394.51M), with diluted loss per share of ($14.21), reflecting significant charges and contract-exit activity versus the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $187.34M | $315.97M | (40.7%) |
| Net income² | ($394.51M) | ($46.76M) | (743.8%) |
| Diluted EPS³ | ($14.21) | ($1.78) | (698.3%) |
¹ Reported as “Total revenues”. ² Reported as “Net income (loss)”. ³ Reported as “Diluted earnings (loss) per share attributable to Enviri Corporation common stockholders (b)”.
Business Highlights
- Completed the June 1, 2026 spin-off selling Clean Earth and refocused the company on Harsco Environmental and Harsco Rail operations.
- Total revenues declined year over year as Rail contract exits reduced Product revenue while Environmental services saw modest growth.
- Ceased ETO work for Network Rail and Deutsche Bahn and recorded significant exit-related losses to eliminate future performance risk.
- Proceeds from the transaction have been reserved to support Rail’s large European contracts and to fund contract exits, stabilizing operational liquidity.
- Entered a 12‑month transition services agreement to provide finance, HR, IT and G&A support to CE Holdings post-close.
Original SEC Filing: Enviri Corp [ NVRI ] - 10-Q - Aug. 11, 2026