---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-063665"
form_type: "8-K"
ticker: "QRHC"
cik: "0001442236"
company_name: "Quest Resource Holding Corp"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:22:37.647297+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Quest Resource Q3 revenue down 4% to $70.4M; GAAP EPS $(0.10) vs $(0.09)

## Summary
- Revenue $70.4M (-4% YoY); gross profit $12.4M (+2% YoY); gross margin expanded to 17.7% from 16.6%.
- GAAP net loss per diluted share $(0.10) vs $(0.09); adjusted EPS $0.02 vs $0.04 in Q3 2022.
- Adjusted EBITDA $3.7M vs $3.8M; YTD adjusted EBITDA $12.7M vs $14.1M in prior year period.
- RWS integration caused ~$800K gross profit shortfall, including $500K cost adjustments and $400K billing adjustment.
- Company expects sequential gross profit growth in Q4; annualized cost savings of $1.7M from RWS efficiencies starting Q4.

## SEC filing metadata
- accession: 0000950170-23-063665
- form_type: 8-K
- ticker: QRHC
- cik: 0001442236
- company_name: Quest Resource Holding Corp
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442236/000095017023063665/0000950170-23-063665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442236/000095017023063665/qrhc-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-063665
- JSON: https://secwatch.observer/filing/0000950170-23-063665.json
- Plain text: https://secwatch.observer/filing/0000950170-23-063665.txt

## Key facts
- Earnings Releases
  Quest Resource Holding Corp reported third quarter ended September 30, 2023 results: revenue Revenue was $70.4 million, EPS GAAP net loss per diluted share attributable to common stockholders was $(0.10).
  - Period: third quarter ended September 30, 2023
  - Revenue: Revenue was $70.4 million
  - EPS: GAAP net loss per diluted share attributable to common stockholders was $(0.10)
  - Result: reported results
  source text: in environmental waste and recycling services, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights • Revenue was $70.4 million, a 4.0% decrease compared with the third quarter of 2022. • Gross profit was $12.4 million, a 2.0% increase compared with the third quarter of 2022. • Gross margin was 17.7% of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1442236/000095017023063665/0000950170-23-063665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.