undamentalytics Newsletter

Quest Resource Holding Corp (QRHC) stock

Add holding +

NASDAQ: QRHC Nasdaq Environmental & Facilities Services Next results ~November 5, 2026

C Fundamentals grade

Quest Resource Holding Corp is a US-listed company in the environmental & facilities services industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Not valued: the figures our models need are missing or failed our data-quality checks.

Price vs value

No model value. How we value companies.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling4 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds6 adding, 24 cuttingOf 7 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Quest Resource Holding files

Where Quest Resource stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $248m, down 8.4% on a year earlier, a smaller fall than the 14.3% decline a quarter earlier. That puts it 9 of 9 for growth among the environmental & facilities services companies we cover. Free-cash-flow margin rose to 4.5% from -1.1% a year earlier. Operating margin widened to -3.3% from -5.9%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 7 financial-health checks.

Our models give no value for Quest Resource Holding at present, so past values are not shown.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Quest Resource Holding Corp's trailing-twelve-month revenue fell 8.4% year on year, with a free-cash-flow margin of 4.5%. Where it stands out: change in growth rate of +6.0pp ranks 3 of 17 environmental & facilities services companies we cover. Where it lags: revenue growth of -8.4% ranks 16 of 17 environmental & facilities services companies we cover.

Our discounted-cash-flow model values the business at ~$0.4 per share in the base case (—–$1.5 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to -8.4% (+6.0pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 16.7% over 90 days.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Priced above our value. The share price of $1.08 is 62% above our value per share of $0.
  • Revenue shrinking. Revenue fell 8.4% over the last 12 months.
  • Loss-making. Operating margin is -3.3%: costs exceed revenue.
  • Volatile shares. Over the past year the shares showed annualised volatility of 79% and a beta of 0.8 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 44.2% ranks 14 of 15 environmental & facilities services companies we cover (median 32.5%).

Latest results: FY2026 Q2

Filed August 7, 2026
Revenue
$64m, up 7.6% on a year earlier
Share reaction
+19.0% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 5, 2026; average EPS estimate -$0.01

Quest Resource Holding's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.9%
  • 1 week-10.7%
  • 1 month-21.2%
  • This year-41.9%
  • 1 year-28.9%
  • 5 years-80.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$248M
Operating margin
-3.3%
Net margin
-7.1%
EPS (TTM, diluted)
$-0.83

Growth

Revenue growth
−8.4%
Change in growth rate
+6.0 pts
Share count change
+1.6%

Cash

Free cash flow (TTM)
$11.2M
FCF margin
4.5%
Stock pay % of revenue
0.4%

Earnings

Last results
August 6, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 5.8% a year of cash-flow growth for five years.That is close to the 9.8% a year revenue growth Quest Resource Holding has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in5.8%
  • Last 12 months-8.4%
  • 3 years a year-4.4%
  • 5 years a year9.8%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($1.08, Nov 2, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$0.4
Price used
$1.08close November 2, 2026
Implied change
▼ 62%
Uncertainty
Very high

How we got here: a discounted-cash-flow model of Quest Resource Holding Corp's free cash flow after stock-based pay with after-tax interest added back ($4.2M, FY2026 Q2 TTM), growing 4.6% and 2.8% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span no equity value–~$1.5 ; that spread sets a 45% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Quest Resource Holding Corp's free cash flow after stock-based pay ( $4.2M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Quest Resource Holding Corp as an operating company, with every model that fits that kind of business. Cost of equity 8.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.79 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$0.4 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$0.4 ~$0.4–$1.5 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Quest Resource Holding Corp with Environmental & Facilities Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −32%
  • Revenue growth 5 points higher ▲ +42%
  • Free-cash-flow margin 1 point lower ▼ −17%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −18%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% —$1$2$4$6$9
8.5% ——$1$2$4$6
10% ——$0$1$2$4

Valuation multiples over time Market data may be delayed

Quest Resource Holding Corp: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$5.52$2.45$2.30$1.36$2.18$2.31$6.94$6.11$7.33$6.50$1.86$1.08
Market value$77m$36m$35m$21m$33m$39m$144m$119m$148m$134m$39m$23m
+ Net debt (− = net cash)$1m$3m$6m$3m$1m$11m$59m$65m$68m$80m$66m$63m
Enterprise value$78m$40m$41m$24m$35m$50m$203m$184m$215m$214m$105m$86m
Multiples
Price / sales 0.5x0.2x0.3x0.2x0.3x0.4x0.9x0.4x0.5x0.5x0.2x0.1x
Price / earnings —————37.4x85.1x—————
Price / free cash flow 38.8x——7.1x15.7x14.6x71.2x———4.2x2.0x
EV / EBITDA ———34.2x18.2x26.0x29.1x16.7x17.3x43.3x——

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

26 /100

Weak moat

How hard Quest Resource Holding's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median 1.3% of total assets over 10 years.

  • Pricing power 7 / 20

    Gross margin has been a median 17.4%, moving by 2.9 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 0.1%; its worst year was -5.9%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 6 of 10 years, at a median 1.0% of revenue.

  • Discipline 13 / 20

    The diluted share count rose 11.4% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $66m and EPS of −$0.01 (range −$0.04 to $0.03) for the quarter.

Analysts' consensus

Quest Resource Holding Corp: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current −$0.12 — $257m +3%
Next $0.04 +130% $272m +6%

Next year's EPS estimate has moved +16.7% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −8.0% on 90 days ago. In the last 30 days, 0 analysts raised Quest Resource Holding Corp's forecast and 1 cut it.

Consensus EPS forecast Quest Resource Holding Corp, last 90 days
−$0.15 −$0.10 −$0.05 $0.00 $0.05 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.13 Current fiscal year, 60 days ago: −$0.13 Current fiscal year, 30 days ago: −$0.13 Current fiscal year, 7 days ago: −$0.13 Current fiscal year, Now: −$0.12 −$0.12 Next fiscal year, 90 days ago: $0.03 Next fiscal year, 60 days ago: $0.03 Next fiscal year, 30 days ago: $0.03 Next fiscal year, 7 days ago: $0.03 Next fiscal year, Now: $0.04 $0.04

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.13$0.03
60 days ago −$0.13$0.03
30 days ago −$0.13$0.03
7 days ago −$0.13$0.03
Now −$0.12$0.04

Earnings against estimates

Quest Resource Holding Corp: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Mar 2026 −$0.07 −$0.09 −24.1%
Sept 2025 −$0.01 −$0.02 −199.9%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Quest Resource Holding Corp's revenue by +4.6% next year and +2.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+6.6%, weight 56%) and the company's own record (+2.0%, weight 44%) . How the weights are set.

Analyst recommendations

2 analysts, Oct 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202622

Counts of recommendations published by analysts covering Quest Resource Holding Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.4%
of tradable shares
Days to cover
1.52
at average volume
Short interest, 1 month
−12%
to October 15, 2026
Held by institutions
31%
of shares
Held by insiders
36.8%
of shares
Employees
195
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −28.9%

$1.52 on October 31, 2025 to $1.08

Quest Resource Holding Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $271m $248m −8.4%
P/S multiple 0.1x 0.1x −21.2%
Share count 21m 21m −1.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −85.4%

$7.41 on November 3, 2023 to $1.08

Quest Resource Holding Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $284m $248m −12.7%
P/S multiple 0.5x 0.1x −81.7%
Share count 19m 21m −8.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Quest Resource Holding Corp: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
QRHC+200%−12%+20%−11%−71%−42%
Industry peers (median)+31%−6%+21%+16%−5%+1%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
QRHC58%42%50%33%8%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
QRHC−36%−53%−28%−45%−81%−64%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 92% from May 6, 2024 to March 17, 2026. Getting back needed a 1140% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.86 – $2.41
From 52-week high
−55.2%
vs 50-day average
−18.2%
vs 200-day average
−22.0%
Volatility (1 year)
79%
Beta vs S&P 500
0.78

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±11.5%
After a week
4 up, 8 down
typical move ±12.9%
After a month
5 up, 7 down
typical move ±20.8%
Quest Resource Holding Corp: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +19.0% +0.5% +15.9% +9.5%
May 7, 2026 +4.5% +0.5% −1.8% +16.4%
March 12, 2026 −28.5% −2.1% −44.3% −25.9%
November 10, 2025 +2.1% +1.8% +18.6% +56.6%
August 11, 2025 −13.2% +0.9% −18.0% −15.6%
May 12, 2025 −5.6% +4.0% −4.8% −13.7%
March 12, 2025 −37.8% −0.8% −29.2% −41.8%
November 7, 2024 −12.1% +1.2% −13.6% −14.9%
August 8, 2024 −5.6% +2.8% +0.2% +2.1%
May 9, 2024 −4.1% +0.7% −5.4% −14.0%
March 12, 2024 +0.4% +0.9% +0.7% +33.3%
November 14, 2023 −4.7% +2.2% −2.6% −6.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Quest Resource Holding Corp in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Quest Resource Holding Corp
$240M $260M $280M $300M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $281.3M Revenue (TTM), FY23 Q4: $288.4M Revenue (TTM), FY24 Q1: $286.9M Revenue (TTM), FY24 Q2: $285.6M Revenue (TTM), FY24 Q3: $287.9M Revenue (TTM), FY24 Q4: $288.5M Revenue (TTM), FY25 Q1: $284.3M Revenue (TTM), FY25 Q2: $270.7M Revenue (TTM), FY25 Q3: $261.3M Revenue (TTM), FY25 Q4: $250.2M Revenue (TTM), FY26 Q1: $243.5M Revenue (TTM), FY26 Q2: $248.1M $248.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $281.3M
FY23 Q4 $288.4M
FY24 Q1 $286.9M
FY24 Q2 $285.6M
FY24 Q3 $287.9M
FY24 Q4 $288.5M
FY25 Q1 $284.3M
FY25 Q2 $270.7M
FY25 Q3 $261.3M
FY25 Q4 $250.2M
FY26 Q1 $243.5M
FY26 Q2 $248.1M
Revenue growth, TTM YoY Quest Resource Holding Corp
-15% -10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 4.9% Revenue growth, TTM YoY, FY23 Q4: 1.5% Revenue growth, TTM YoY, FY24 Q1: 0.1% Revenue growth, TTM YoY, FY24 Q2: 0.5% Revenue growth, TTM YoY, FY24 Q3: 2.4% Revenue growth, TTM YoY, FY24 Q4: 0.1% Revenue growth, TTM YoY, FY25 Q1: -0.9% Revenue growth, TTM YoY, FY25 Q2: -5.2% Revenue growth, TTM YoY, FY25 Q3: -9.2% Revenue growth, TTM YoY, FY25 Q4: -13.3% Revenue growth, TTM YoY, FY26 Q1: -14.3% Revenue growth, TTM YoY, FY26 Q2: -8.4% -8.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 4.9%
FY23 Q4 1.5%
FY24 Q1 0.1%
FY24 Q2 0.5%
FY24 Q3 2.4%
FY24 Q4 0.1%
FY25 Q1 -0.9%
FY25 Q2 -5.2%
FY25 Q3 -9.2%
FY25 Q4 -13.3%
FY26 Q1 -14.3%
FY26 Q2 -8.4%
Operating margin (TTM) Quest Resource Holding Corp
-6% -4% -2% 0% 2% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 0.6% Operating margin (TTM), FY23 Q4: 1.0% Operating margin (TTM), FY24 Q1: 1.4% Operating margin (TTM), FY24 Q2: 1.4% Operating margin (TTM), FY24 Q3: 0.8% Operating margin (TTM), FY24 Q4: -1.5% Operating margin (TTM), FY25 Q1: -5.1% Operating margin (TTM), FY25 Q2: -5.9% Operating margin (TTM), FY25 Q3: -5.3% Operating margin (TTM), FY25 Q4: -2.5% Operating margin (TTM), FY26 Q1: 0.9% Operating margin (TTM), FY26 Q2: -3.3% -3.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 0.6%
FY23 Q4 1.0%
FY24 Q1 1.4%
FY24 Q2 1.4%
FY24 Q3 0.8%
FY24 Q4 -1.5%
FY25 Q1 -5.1%
FY25 Q2 -5.9%
FY25 Q3 -5.3%
FY25 Q4 -2.5%
FY26 Q1 0.9%
FY26 Q2 -3.3%
FCF margin (TTM) Quest Resource Holding Corp
-5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 2.9% FCF margin (TTM), FY23 Q4: -0.6% FCF margin (TTM), FY24 Q1: -2.8% FCF margin (TTM), FY24 Q2: -4.5% FCF margin (TTM), FY24 Q3: -4.7% FCF margin (TTM), FY24 Q4: -3.7% FCF margin (TTM), FY25 Q1: -3.0% FCF margin (TTM), FY25 Q2: -1.1% FCF margin (TTM), FY25 Q3: 1.2% FCF margin (TTM), FY25 Q4: 3.7% FCF margin (TTM), FY26 Q1: 4.4% FCF margin (TTM), FY26 Q2: 4.5% 4.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 2.9%
FY23 Q4 -0.6%
FY24 Q1 -2.8%
FY24 Q2 -4.5%
FY24 Q3 -4.7%
FY24 Q4 -3.7%
FY25 Q1 -3.0%
FY25 Q2 -1.1%
FY25 Q3 1.2%
FY25 Q4 3.7%
FY26 Q1 4.4%
FY26 Q2 4.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-KT, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Quest Resource Holding Corp: annual financial statements
Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1 1 68 174 170 184 138 104 99 99 156 284 288 289 250 248
Gross profit 1 1 5 14 14 14 16 17 19 19 29 49 50 50 43 41
EBITDA −4 −23 −11 −0 −3 −4 −1 1 2 2 7 11 12 5 −1 −4
Operating income −4 −23 −13 −4 −7 −8 −5 −2 1 1 5 1 3 −4 −6 −8
Net income −2 −42 −18 −10 −7 −8 −6 −2 −0 1 2 −6 −7 −15 −15 −18
Diluted EPS −$0.24 −$5.92 −$0.23 −$0.10 −$0.53 −$0.55 −$0.38 −$0.16 $0.00 $0.05 $0.08 −$0.31 −$0.36 −$0.73 −$0.73 −$0.83
Growth (year on year)
Revenue — +16.9% +>999% +158.4% −2.5% +8.0% −24.7% −25.0% −4.6% −0.3% +57.8% +82.4% +1.5% +0.1% −13.3% −8.4%
EBITDA — — — — — — — — — — — +58.5% +12.1% −60.1% — —
Operating income — — — — — — — — — — — −68.8% — — — —
Margins
Gross margin 100.0% 96.9% 7.5% 8.2% 8.0% 7.8% 11.4% 16.2% 18.9% 19.3% 18.4% 17.2% 17.4% 17.3% 17.0% 16.4%
EBITDA margin −417.7% <−999% −16.3% −0.1% −1.6% −2.0% −1.0% 0.7% 1.9% 1.9% 4.5% 3.9% 4.3% 1.7% −0.4% −1.4%
Operating margin −422.9% <−999% −19.0% −2.3% −4.2% −4.2% −3.9% −1.9% 0.6% 0.8% 2.9% 0.5% 1.0% −1.5% −2.5% −3.3%
Net margin −161.2% <−999% −26.4% −5.7% −4.4% −4.4% −4.2% −2.3% −0.1% 1.0% 1.1% −2.1% −2.5% −5.2% −6.1% −7.1%
Free-cash-flow margin −324.4% −334.7% −6.7% −5.0% 1.2% −2.6% −1.2% 2.8% 2.2% 2.7% 1.3% −1.1% −0.6% −3.7% 3.7% 4.5%
Cash flow
Cash from operations −3 −4 −4 −9 3 −4 −2 3 2 3 3 −2 −1 −6 10 11
Capital spending 0 0 0 0 1 0 0 0 0 0 1 1 0 5 0 0
Free cash flow −3 −4 −5 −9 2 −5 −2 3 2 3 2 −3 −2 −11 9 11
Stock-based pay 1 2 2 2 1 2 2 1 1 1 1 1 1 2 2 1
Free cash flow after stock pay −4 −6 −7 −10 1 −7 −3 2 1 1 1 −4 −3 −12 8 10
Balance sheet
Cash 1 0 3 3 3 1 1 2 3 8 8 10 0 0 1 1
Total debt 6 2 22 5 4 5 7 5 5 18 68 75 68 80 67 64
Net debt (negative = net cash) 5 2 19 2 1 3 6 3 1 11 59 65 68 80 66 63
Diluted shares 6m 7m 10m 13m 14m 15m 15m 15m 15m 17m 21m 19m 20m 21m 21m 21m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 7 checks passed · June 30, 2026
What it owns · $134m
Short-term assets $52mLonger-term assets $82m
What it owes, and who funded it · $134m
Short-term liabilities $44mLonger-term liabilities $63mShareholders' equity $27m
  • Short-term assets cover short-term liabilities $52m of assets due within a year against $44m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $52m short-term assets against $63m of longer-dated liabilities.
  • More cash than debt $1m of cash against $60m of debt.
  • Debt below 40% of shareholders' equity Debt is 224% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 85% to 224% over five years.
  • A year's operating cash flow covers at least 20% of debt $11m of operating cash flow against $60m of debt.
  • Operating profit covers interest at least five times over Operating income of −$8m against $9m of interest.

From Quest Resource Holding Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+1.6%
year over year
Sales & admin spending
13.5%
of revenue
Days sales outstanding
73 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in environmental & facilities services
Growth, margins and cash generation against peers
Last 12 months unless stated QRHC AWX PMEC PESI CWST BV Median
Revenue, last 12 months $248m $86m $78m $57m $2.0bn $2.7bn $2.0bn
Revenue growth, last 12 months −8.4% 9.7% 4.9% −4.7% 13.6% 1.5% 6.0%
Revenue growth, 3-year average −4.4% −0.3% — −6.4% 20.4% −0.7% 4.8%
Revenue growth, latest quarter 7.6% 3.2% — −11.7% 16.9% 1.3% 7.4%
Gross margin 16.4% 20.5% 17.1% −2.8% 33.4% 21.2% 33.4%
Operating margin −3.3% 3.6% −2.5% −33.4% 3.4% 3.5% 3.5%
Operating margin, 3-year average −2.6% 2.7% — −22.4% 4.2% 4.7% 4.4%
Net margin −7.1% 1.4% −3.1% −37.0% 0.3% 0.7% 0.7%
Cash from operations / revenue 4.6% 4.1% −5.0% −28.1% 18.0% 7.8% 5.4%
Free-cash-flow margin 4.5% 1.5% −7.3% −38.6% 5.4% −0.9% 3.4%
Free-cash-flow margin, 3-year average −0.4% 0.7% — −24.8% 4.7% 1.7% 3.6%
Stock pay / revenue 0.4% 0.0% 0.0% 1.5% 0.7% 0.6% 0.7%
Change in share count 1.6% 0.0% 2.2% 9.4% 2.0% −1.8% −0.3%

Median of all 17 companies we cover in environmental & facilities services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 environmental & facilities services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -8.4% 6.0% 16 of 17
Change in growth rate Growth +6.0pp +0.6pp 3 of 17
Gross margin Profitability 16.4% 33.1% 12 of 15
Operating margin Profitability -3.3% 3.5% 12 of 16
Net margin Profitability -7.1% 0.7% 12 of 17
Free-cash-flow margin Cash generation 4.5% 3.4% 8 of 17
Stock pay as % of revenue Cash generation 0.4% 0.7% 5 of 17
Long-term debt as % of assets Balance sheet 44.2% 32.5% 14 of 15
Change in share count Balance sheet 1.6% -0.3% 11 of 16
Days sales outstanding Balance sheet 73 days 64 days 12 of 16

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Services $238M 94.8% ▼ 14.3%
Product Sales and Other $12.6M 5.0% ▲ 12.0%
Management Fee $311,000 0.1% ▼ 31.6%

From Quest Resource Holding Corp's 10-K filed March 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$8.3M
Institutions reporting
33
Shares held vs prior quarter
▼ 9.2%
Positions opened / closed
3 / 10

Top buyers and sellers, Q2 2026: 6 institutions bought and 24 sold ; the biggest buyer was Citadel Advisors LLC (+72K shares) and the biggest seller Kennedy Capital Management LLC (−326K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Wynnefield Capital Inc $3.4M 2.7M 41.7% 0.0%
Veradace Capital Management LLC $1.6M 1.3M 19.2% 0.0%
Vanguard Capital Management LLC $867,675 689K 10.5% 0.0%
LPL Financial LLC $410,483 326K 5.0% ▼ 5.1%
Mink Brook Asset Management LLC $372,440 296K 4.5% 0.0%
Truist Financial Corp $348,040 276K 4.2% 0.0%
Geode Capital Management, LLC $210,213 167K 2.5% ▼ 15.0%
Renaissance Technologies LLC $154,844 123K 1.9% ▼ 4.6%
Skylands Capital, LLC $139,359 111K 1.7% ▼ 33.0%
Vanguard Fiduciary Trust Co $105,313 84K 1.3% 0.0%
Citadel Advisors LLC $90,299 72K 1.1% New
Dimensional Fund Advisors LP $75,350 60K 0.9% ▼ 16.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Quest Resource Holding Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Hampstead Park Capital Management, Llc 10% owner March 19, 2026 Buy 8,500 $0.87 $7,395
Lipstein Robert J Director March 18, 2026 Buy 11,000 $0.90 $9,900
Culpepper Glenn Director March 16, 2026 Buy 5,000 $1.16 $5,800
Culpepper Glenn Director December 23, 2025 Buy 5,000 $1.96 $9,800

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • March 12, 2026
  • November 10, 2025
  • August 11, 2025
  • May 12, 2025

Recent SEC filings

Data status

When each part of this page on Quest Resource Holding Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Quest Resource Holding Corp in brief

What does Quest Resource Holding Corp do?
Quest Resource Holding Corp is a US-listed company in the environmental & facilities services industry. Its financial year ends in December.
What is Quest Resource Holding Corp's stock ticker?
Quest Resource Holding Corp trades under the ticker QRHC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Quest Resource Holding Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Quest Resource Holding Corp reported revenue of $248M, 8.4% lower than a year earlier, according to its SEC filings.
What is Quest Resource Holding Corp's free cash flow?
Quest Resource Holding Corp's free-cash-flow margin is 4.5% of revenue over the trailing twelve months, ranking 8 of the 17 environmental & facilities services companies we cover.
Who are Quest Resource Holding Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Wynnefield Capital Inc, Veradace Capital Management LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Quest Resource Holding Corp's market cap?
On November 2, 2026, Quest Resource Holding Corp's market capitalisation was about $22.9M and net debt of $63.3M. Market figures come from third-party market data and may be delayed.
How much debt does Quest Resource Holding Corp have?
Quest Resource Holding Corp's debt-to-equity ratio is 223.6%, from its latest balance sheet (84.8% five years earlier). The financial health section below sets out its other solvency checks.
Who are Quest Resource Holding Corp's competitors?
In our Environmental & Facilities Services peer group, the companies closest to Quest Resource Holding Corp are Avalon Holdings Corp, Primech Holdings Ltd, Perma FIX Environmental Services Inc, Casella Waste Systems Inc and Brightview Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Quest Resource Holding Corp's.
Are insiders buying or selling Quest Resource Holding Corp stock?
Over the last 12 months, Quest Resource Holding Corp's directors and officers reported 4 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Quest Resource Holding Corp's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Quest Resource Holding Corp announces its own schedule.