Quest Resource Q3 revenue rises 0.7% to $63.8 million; net loss narrows
Quest Resource Holding reported third quarter 2026 revenue of $63.8 million, up 0.7% from the third quarter of 2025, and a GAAP net loss of $0.5 million, narrowed from $1.3 million a year earlier. Gross profit slipped 0.7% year over year to $11.4 million, but adjusted EBITDA rose to $3.4 million from $2.9 million, which the company attributes to gross margin gains and lower SG&A.
Key points
- Revenue was $63.8 million, up 0.7% year over year and down 0.5% from the second quarter of 2026.
- GAAP net loss was $0.5 million, or $(0.02) per share, compared with $1.3 million, or $(0.06) per share, in the third quarter of 2025.
- Gross margin was 17.8%, down from 18.1% a year earlier but up 150 basis points from 16.3% in the second quarter.
- Second quarter 2026 net loss of $12.2 million included an $11.0 million non-cash goodwill impairment.
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 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.