--- title: "Onterris | 8-K: FY2026 Q3 Revenue: USD 203.04 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/304334337.md" datetime: "2026-11-04T21:14:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/304334337.md) - [en](https://longbridge.com/en/news/304334337.md) - [zh-HK](https://longbridge.com/zh-HK/news/304334337.md) generator: "portal-rs" --- # Onterris | 8-K: FY2026 Q3 Revenue: USD 203.04 M Revenue: As of FY2026 Q3, the actual value is USD 203.04 M, compared to the market estimate of USD 196.99 M. EPS: As of FY2026 Q3, the actual value is USD 0.24, compared to the market estimate of USD 0.075. EBIT: As of FY2026 Q3, the actual value is USD 16.82 M. ### Third Quarter 2026 Highlights #### Revenue - Total revenue for Onterris, Inc. was $203.0 million for the third quarter of 2026, compared to $224.9 million in the prior-year period, reflecting lower recovery services revenue from a large-scale environmental emergency response in the prior year period. - Excluding a single large environmental event that generated $45.4 million in the prior-year quarter, consolidated revenue increased approximately $23.6 million, or 13.1%. - Net Service Revenue (NSR) increased to $162.5 million in the third quarter of 2026, compared with $160.5 million in the prior-year quarter. - Emergency response revenue was $17.0 million in the current quarter and $11.5 million in the prior-year quarter. #### Net Income - Net income increased to $9.0 million in the third quarter of 2026, compared with $8.4 million in the prior-year quarter. - Adjusted Net Income increased to $21.3 million in the third quarter of 2026, compared with $14.2 million in the prior-year quarter. #### Operating Profit - Income from operations for the third quarter of 2026 was $12.3 million, compared to $9.9 million in the prior-year quarter. #### Operating Costs - Cost of revenues (exclusive of depreciation and amortization) was $114.777 million for the three months ended September 30, 2026, down from $136.284 million for the same period in 2025. - Selling, general and administrative expense was $63.386 million for the three months ended September 30, 2026, compared to $65.696 million for the same period in 2025. - Depreciation and amortization was $12.599 million for the three months ended September 30, 2026, compared to $12.958 million for the same period in 2025. #### Adjusted EBITDA - Consolidated Adjusted EBITDA was a record $35.9 million for the third quarter of 2026, up from $33.7 million in the prior-year quarter. - Consolidated Adjusted EBITDA as a percentage of revenue was a record 17.7% for the third quarter of 2026, increased from 15.0% in the prior-year quarter. #### Cash Flow - Third-quarter operating cash flow increased 46% to $40.9 million from $28.1 million in the prior-year quarter. - Net cash provided by operating activities for the nine months ended September 30, 2026, was $35.4 million, compared with $55.5 million in the prior-year period. - Net cash used in investing activities was - $15.606 million for the nine months ended September 30, 2026, compared to - $12.604 million for the prior-year period. - Net cash used in financing activities was - $10.580 million for the nine months ended September 30, 2026, compared to - $49.242 million for the prior-year period. #### Balance Sheet & Liquidity - As of September 30, 2026, Onterris, Inc. reported a leverage ratio under the 2025 Credit Facility of 2.9x, compared with 3.2x at June 30, 2026. - Total available liquidity was $192.0 million, including $20.1 million of cash and $171.9 million of availability on its revolving line of credit. - Cash, cash equivalents and restricted cash as of September 30, 2026, was $20.109 million, compared to $11.223 million as of December 31, 2025. - Total assets were $965.672 million as of September 30, 2026, compared to $981.296 million as of December 31, 2025. - Total liabilities were $516.216 million as of September 30, 2026, compared to $530.121 million as of December 31, 2025. #### Segment Performance (Three Months Ended September 30, 2026 vs 2025) - **Consulting and Treatment Segment:** Revenues were $141.984 million in 2026 compared to $161.930 million in 2025. Segment Adjusted EBITDA was $30.837 million in 2026 compared to $29.848 million in 2025. - **Measurement and Analysis Segment:** Revenues were $61.060 million in 2026 compared to $62.958 million in 2025. Segment Adjusted EBITDA was $15.961 million in 2026 compared to $17.283 million in 2025. - **Total Reportable Segments:** Revenues were $203.044 million in 2026 compared to $224.888 million in 2025. Total Reportable Segments Adjusted EBITDA was $46.798 million in 2026 compared to $47.131 million in 2025. #### Segment Performance (Nine Months Ended September 30, 2026 vs 2025) - **Consulting and Treatment Segment:** Revenues were $382.168 million in 2026 compared to $452.482 million in 2025. Segment Adjusted EBITDA was $78.855 million in 2026 compared to $83.932 million in 2025. - **Measurement and Analysis Segment:** Revenues were $176.055 million in 2026 compared to $184.783 million in 2025. Segment Adjusted EBITDA was $41.875 million in 2026 compared to $49.354 million in 2025. - **Total Reportable Segments:** Revenues were $558.223 million in 2026 compared to $637.265 million in 2025. Total Reportable Segments Adjusted EBITDA was $120.730 million in 2026 compared to $133.286 million in 2025. #### Acquisitions - Onterris, Inc. completed three small tuck-in and highly accretive acquisitions, expanding its geographic footprint and supporting its strategy of disciplined investment in integrated environmental solutions and technology-driven growth. ### Full-Year 2026 Guidance - Onterris, Inc. is focused on strong margin expansion, with reiterated guidance midpoints representing at least 150 basis points of margin expansion compared to 2025. - The company expects to convert 60.0% of full-year Consolidated Adjusted EBITDA into operating cash flow and projects $30.0 million to $40.0 million in operating cash flow for the fourth quarter of 2026. - Onterris, Inc. also anticipates a year-end 2026 leverage ratio of approximately 2.5x, consistent with the prior year, including impacts from recent acquisitions, share repurchases, and contingent consideration payments. ### Related Stocks - [ONT.US](https://longbridge.com/en/quote/ONT.US.md) ## Related News & Research - [Onterris Acquires PBELab to Expand Environmental Solutions Capabilities in the Permian Basin | ONT Stock News](https://longbridge.com/en/news/304864092.md) - [ONT: Adjusted EBITDA and cash generation rose despite lower revenue, with FY26 margin guidance reiterated](https://longbridge.com/en/news/304461840.md) - [Onterris Acquires EcOz Environmental Consultants, Strategically Expanding Consultancy Services in Northern Australia | ONT Stock News](https://longbridge.com/en/news/304771016.md) - [How Investors Are Reacting To Disc Medicine (IRON) Narrower Quarterly Loss](https://longbridge.com/en/news/305553650.md) - [Redwire presents 14.3% sequential backlog growth in investor presentation](https://longbridge.com/en/news/305574106.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**