Logotype for Enviri Corporation

Enviri (NVRI) investor relations material

Enviri Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Enviri Corporation
Q2 2025 earnings summary5 Aug, 2025

Executive summary

  • Q2 2025 revenues were $562M, down 8% year-over-year, with a GAAP loss from continuing operations of $46M and Adjusted EBITDA of $65M; Clean Earth outperformed, Harsco Environmental was stable, and Rail underperformed due to weak demand and higher costs.

  • Management initiated a formal evaluation of strategic alternatives, including a potential sale or separation of Clean Earth, to address undervaluation and reinforce value creation.

  • Net loss attributable to common stockholders was $47.6M for Q2 2025, compared to $13.6M loss in Q2 2024.

  • Operating loss from continuing operations was $7.2M for Q2 2025, compared to $31.3M operating income in Q2 2024.

  • Management remains optimistic about long-term earnings and cash flow potential, with expectations for segment improvement in coming quarters.

Financial highlights

  • Q2 2025 revenues were $562M, down 8% year-over-year; Adjusted EBITDA was $65M (11.5% margin), down from $86M (14.1%) in Q2 2024.

  • Adjusted diluted loss per share was $0.22, excluding unusual items mainly from Rail contract costs; GAAP diluted loss per share from continuing operations was $0.58.

  • Adjusted free cash flow for Q2 2025 was negative $14M, expected to improve in Q3 and Q4.

  • Cash and cash equivalents at June 30, 2025 were $97.8M, up from $88.4M at year-end 2024.

  • Q2 2025 interest expense was $27.6M, down slightly from $27.9M in Q2 2024.

Outlook and guidance

  • 2025 Adjusted EBITDA guidance revised to $290M–$310M (from $305M–$325M); free cash flow guidance lowered to $15M–$35M (from $30M–$50M), reflecting a weaker outlook for Harsco Rail.

  • Q3 2025 Adjusted EBITDA expected between $76M–$86M, with sequential improvement anticipated in all segments.

  • 2025 GAAP loss from continuing operations expected at $(74)M to $(56)M; adjusted diluted EPS for 2025 now forecast at $(0.52) to $(0.30).

  • Management expects sufficient liquidity and borrowing capacity to support operations and debt service needs.

  • Company expects to maintain compliance with amended debt covenants based on current outlook.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Enviri earnings date

Logotype for Enviri Corporation
Q3 202510 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Enviri earnings date

Logotype for Enviri Corporation
Q3 202510 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Enviri Corporation is a company that specializes in providing environmental solutions for industrial and specialty waste streams. The company operates through two main segments: Harsco Environmental and Harsco Clean Earth. Harsco Environmental is focused on delivering on-site services for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing. It also manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems. Harsco Clean Earth, on the other hand, specializes in the management and recycling of hazardous waste, as well as other specialized waste services. The company is headquartered in Philadelphia, Pennsylvania, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage