Logotype for Perma-Fix Environmental Services Inc

Perma-Fix Environmental Services (PESI) investor relations material

Perma-Fix Environmental Services Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Perma-Fix Environmental Services Inc
Q3 2025 earnings summary10 Nov, 2025

Executive summary

  • Q3 2025 revenue reached $17.5 million, up 3.8% year-over-year, driven by a 44.7% increase in Treatment Segment revenue, while Services Segment revenue declined due to project delays and government contract timing.

  • Gross profit for Q3 2025 nearly doubled to $2.6 million, with gross margin expanding to 14.6% from 7.9% year-over-year; Treatment Segment gross margin improved to 17.3% from 4.5%.

  • Net loss for Q3 2025 was $1.8 million, a significant improvement from $9.0 million in Q3 2024.

  • Treatment Segment backlog nearly doubled to $15.4 million as of September 30, 2025, positioning for future growth.

  • PFAS destruction technology advanced, with a second-generation unit set for Q1 2026 commissioning and demonstrated regulatory-compliant performance.

Financial highlights

  • Q3 2025 revenue: $17.5 million (up from $16.8 million in Q3 2024); nine-month revenue: $46.0 million (up from $44.4 million in 2024).

  • Q3 2025 gross profit: $2.6 million (14.6% margin); nine-month gross profit: $4.8 million (10.4% margin).

  • Q3 2025 net loss: $1.8 million ($0.10/share); nine-month net loss: $8.1 million ($0.44/share).

  • SG&A expenses rose 12.4% in Q3 and 15.0% for the nine months, reflecting higher payroll, stock compensation, and business development costs.

  • Cash on hand at September 30, 2025: $16.4 million; liquidity (cash plus available credit): $23.8 million.

Outlook and guidance

  • Management expects continued improvement in Q4 2025 and 2026, supported by a strong Treatment Segment backlog and ramp-up of the West Valley Project contract.

  • International revenue is growing, with a 255% increase year-over-year for the nine months ended September 30, 2025.

  • Expects initial waste receipts from the DOE's DFLAW facility in late Q4 2025 or early 2026.

  • International waste shipments and new requests from Europe and North America support backlog and revenue diversity.

  • A partial federal government shutdown began October 1, 2025, which may delay waste shipments and impact results if prolonged.

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

Next Perma-Fix Environmental Services earnings date

Logotype for Perma-Fix Environmental Services Inc
Q4 202513 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Perma-Fix Environmental Services earnings date

Logotype for Perma-Fix Environmental Services Inc
Q4 202513 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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

Operating as an environmental and technology know-how company, Perma-Fix Environmental Services, Inc. offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, processing, and disposal services. It also develops research to identify and develop new techniques for problematic waste streams. Services include technical services in radiological measurement and site survey of government and commercial installations; integrated occupational safety and health services; consulting, engineering, project management, environmental D&D field; management personnel on-site waste management services; etc.

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