---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-056829"
form_type: "8-K"
ticker: "QRHC"
cik: "0001442236"
company_name: "Quest Resource Holding Corp"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:24:27.050979+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quest Resource Q1 revenue down 2% to $72.7M; gross profit up 11%, adj. EBITDA $5.1M

## Summary
- Revenue $72.7M (-2% YoY); gross profit $14.0M (+11.1%); gross margin 19.3% vs 17.0%.
- GAAP net loss $(0.03)/share vs $(0.10); adjusted net income $0.08/diluted share vs $0.03.
- Adjusted EBITDA $5.1M (+28.4%), third time over $5.0M.
- Record new client wins; two large clients expected to deliver eight-figure annual revenue.
- Extended credit facility maturities; introduced AI-driven AP processing module.

## SEC filing metadata
- accession: 0000950170-24-056829
- form_type: 8-K
- ticker: QRHC
- cik: 0001442236
- company_name: Quest Resource Holding Corp
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442236/000095017024056829/0000950170-24-056829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442236/000095017024056829/qrhc-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-056829
- JSON: https://secwatch.observer/filing/0000950170-24-056829.json
- Plain text: https://secwatch.observer/filing/0000950170-24-056829.txt

## Key facts
- Earnings Releases
  Quest Resource Holding Corp reported the first quarter ended March 31, 2024 results: revenue $72.7 million, net income $(0.03) per share, EPS $(0.03).
  - Period: the first quarter ended March 31, 2024
  - Revenue: $72.7 million
  - Net income: $(0.03) per share
  - EPS: $(0.03)
  - Result: reported results
  source text: Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”), a national leader in environmental waste and recycling services, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights : • Revenue was $72.7 million, a 2.0% decrease compared with the first quarter of 2023. • Gross profit was $14.0 million, a 11.1% increase compared with the first quarter of 2023. • Gross margin was 19.3% of revenue, compared with 17.0% during the first quarter of 2023. • GAAP net loss per basic and diluted share attributable to common stockholders was $(0.03), compared with $(0.10) per share during the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1442236/000095017024056829/0000950170-24-056829-index.htm

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