Perma-Fix Q3 revenue rises to $17.9M; net loss widens to $3.5M
Perma-Fix reported third quarter 2026 revenue of $17.9 million, up slightly from $17.5 million a year earlier, driven by higher Services Segment revenue. Net loss widened to $3.5 million, or $(0.16) per share, from $1.8 million, or $(0.10) per share, as Treatment Segment revenue fell and gross profit dropped to $552,000. The company's 10-Q states that recurring losses and negative operating cash flows continue to raise substantial doubt about its ability to continue as a going concern.
Key points
- Revenue was $17.9 million versus $17.5 million in Q3 2025; Services Segment rose to $6.3 million from $4.4 million, while Treatment Segment fell to $11.6 million from $13.1 million
- Net loss was $3.5 million, or $(0.16) per basic share, versus $1.8 million, or $(0.10) per share, in Q3 2025
- Gross profit was $552,000 versus $2.6 million a year earlier; Treatment Segment posted a gross loss of $225,000
- At September 30, 2026, PNC Liquidity was $19.9 million; management concluded substantial doubt about going concern has not been alleviated
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.