Quest Resource Q3 revenue $63.3M (-13% YoY); net loss narrows to $1.3M; adjusted EBITDA $2.9M

Quest Resource Holding Corp

2025-Q3 EPS reported -$0.66 revenue$191,311,000

Revenue $63.3M, down 13% YoY but up 6.4% sequentially; gross margin improved to 18.1% from 16.1%.
GAAP net loss $(1.3)M ($(0.06) per share) vs $(3.4)M loss in Q3 2024; adjusted net loss $(0.02) per share.
Adjusted EBITDA $2.9M, up from $2.5M in Q3 2024; operating cash flow $5.7M, up 45% from Q2.
Reduced debt by $4.6M in Q3, $11.2M YTD (14% reduction); year-to-date adjusted EBITDA $7.2M vs $12.8M.
YTD GAAP net loss $(13.7)M includes $4.3M loss on asset sale and $1.7M impairment charge.

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