earnings
confidence high
sentiment neutral
materiality 0.70
RenX Q2 2026 revenue record $4.26M; net loss narrows to $8.0M; Microtec mill in transit
RenX Enterprises Corp.
- Record Q2 revenue $4.26M, up 7.5% QoQ; gross margin 31.9%; H1 revenue $8.21M at 32.7% margin.
- Logistics segment operating income $258K, second straight profitable quarter; segment Adjusted EBITDA $523K (+45% QoQ).
- Compost Sales revenue $1.05M (+10.6% QoQ), gross margin above 60%; net loss $1.36M incl. $157K inventory adjustment.
- Net loss narrowed to $8.0M from $9.3M Q1; cash rose to $2.16M from $54K at Dec 31, 2025; equity $7.0M.
- Microtec UTM 1200 mill departed Germany, arrival expected Q3 2026; land clearing division launched with first PO from Frederick Derr & Company.