Quest Resource Q2 net loss widens to $12.2 million on $11.0 million goodwill impairment
Quest Resource Holding reported second quarter 2026 revenue of $64.1 million, up 7.6% from the prior year, and Adjusted EBITDA of $2.8 million, up from $2.7 million. A non-cash goodwill impairment of $11.0 million drove a GAAP net loss of $12.2 million, or $(0.57) per share, compared with a loss of $(0.09) per share a year earlier, so reported results weakened for shareholders despite the top-line and Adjusted EBITDA gains.
Key points
- Revenue was $64.1 million, up 7.6% from $59.5 million in the second quarter of 2025, while gross profit fell 5.5% to $10.4 million
- GAAP net loss was $12.2 million, including an $11.0 million non-cash goodwill impairment, versus a $2.0 million loss a year earlier
- Adjusted EBITDA was $2.8 million compared with $2.7 million in the second quarter of 2025
- Operating cash flow was $4.5 million, and the company voluntarily repaid $2.0 million of term debt, bringing year-to-date voluntary debt reduction to $4.0 million
The filing
Written by AI on Nov 9, 2026, 10:08 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 August 06, 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.