QRHC · Quest Resource Holding Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.73M | - | $63.34M | $59.54M | $68.43M | - | $72.77M | $73.15M | $72.65M | - |
| Cost of Revenue | $52.07M | - | $51.87M | $48.50M | $57.50M | - | $61.07M | $59.61M | $58.61M | - |
| Gross Profit | $9.66M | - | $11.47M | $11.04M | $10.93M | - | $11.70M | $13.53M | $14.04M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $8.39M | - | $9.24M | $9.29M | $11.41M | - | $10.27M | $9.39M | $9.80M | - |
| Total Operating Expenses | $9.42M | - | $10.39M | $10.65M | $19.09M | - | $12.64M | $11.75M | $12.16M | - |
| D&A | $1.04M | - | $1.30M | $1.30M | $1.54M | - | $2.37M | $2.36M | $2.36M | - |
| Operating Income | $242.0K | - | $1.07M | $382.0K | ($8.16M) | - | ($940.3K) | $1.78M | $1.88M | - |
| Interest Expense | $2.05M | - | $2.39M | $2.38M | $2.27M | - | $2.72M | $2.61M | $2.47M | - |
| Income Tax | $22.0K | - | $35.0K | ($22.0K) | ($22.0K) | - | ($278.3K) | $684.1K | $59.3K | - |
| Net Income | ($2.32M) | - | ($1.35M) | ($1.97M) | ($10.41M) | - | ($3.39M) | ($1.51M) | ($655.3K) | - |
| EPS - Basic | ($0.11) | - | ($0.06) | ($0.09) | ($0.50) | - | ($0.16) | ($0.07) | ($0.03) | - |
| EPS - Diluted | ($0.11) | - | ($0.06) | ($0.09) | ($0.50) | - | ($0.16) | ($0.07) | ($0.03) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.14M | $1.01M | $1.15M | $449.0K | $1.43M | $396.0K | $1.13M | $957.5K | $581.1K | $324.0K |
| Accounts Receivable | $52.05M | $49.01M | $50.75M | $53.66M | $64.16M | $62.25M | $60.13M | $62.46M | $60.44M | $58.15M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $37.28M | $34.10M | $34.03M | $33.45M | $39.92M | $37.09M | $35.66M | $37.86M | $36.34M | $38.60M |
| Current Assets | $54.45M | $51.20M | $54.01M | $56.73M | $68.02M | $75.14M | $64.57M | $65.99M | $62.86M | $60.61M |
| Total Assets | $147.98M | $145.55M | $149.28M | $153.06M | $165.66M | $175.65M | $178.15M | $181.75M | $178.97M | $177.12M |
| Current Liabilities | $42.51M | $39.53M | $40.80M | $39.82M | $46.47M | $44.39M | $42.54M | $44.35M | $43.03M | $44.92M |
| Long-term Debt | $63.41M | $64.00M | $65.39M | $69.68M | $74.11M | $76.27M | $71.90M | $70.75M | $68.47M | $64.64M |
| Total Liabilities | $109.32M | $105.04M | $107.28M | $110.12M | $121.30M | $121.49M | $115.39M | $116.16M | $112.66M | $110.84M |
| Stockholders' Equity | $38.66M | $40.51M | $42.01M | $42.94M | $44.36M | $54.16M | $62.77M | $65.60M | $66.31M | $66.28M |
| Retained Earnings | ($142.81M) | ($140.49M) | ($138.84M) | ($137.49M) | ($135.52M) | ($125.11M) | ($115.60M) | ($112.22M) | ($110.70M) | ($110.05M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $190.0K | - | - | - | ($1.06M) | - | - | - | ($1.65M) | - |
| Investing Cash Flow | ($373.0K) | - | - | - | $4.55M | - | - | - | ($2.26M) | - |
| Financing Cash Flow | $308.0K | - | - | - | ($2.46M) | - | - | - | $4.17M | - |
| CapEx | $80.0K | - | - | - | $168.0K | - | - | - | $1.92M | - |
| Free Cash Flow | $110.0K | - | - | - | ($1.23M) | - | - | - | ($3.58M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 15.7% | - | 18.1% | 18.5% | 16.0% | - | 16.1% | 18.5% | 19.3% | - |
| Operating margin | 0.4% | - | 1.7% | 0.6% | -11.9% | - | -1.3% | 2.4% | 2.6% | - |
| EBITDA margin | 2.1% | - | 3.8% | 2.8% | -9.7% | - | 2.0% | 5.7% | 5.8% | - |
| Net margin | -3.8% | - | -2.1% | -3.3% | -15.2% | - | -4.7% | -2.1% | -0.9% | - |
| Free cash flow margin | 0.2% | - | - | - | -1.8% | - | - | - | -4.9% | - |
| FCF / Net income | -0.05 | - | - | - | 0.12 | - | - | - | 5.46 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 13.6% | - | 14.6% | 15.6% | 16.7% | - | 14.1% | 12.8% | 13.5% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.6% | - | -0.9% | -1.3% | -6.3% | - | -1.9% | -0.8% | -0.4% | - |
| Return on equity | -6.0% | - | -3.2% | -4.6% | -23.5% | - | -5.4% | -2.3% | -1.0% | - |
| Return on invested capital | 0.2% | - | 0.8% | 0.3% | -5.4% | - | -0.6% | 1.0% | 1.1% | - |
| Liquidity | ||||||||||
| Current ratio | 1.28 | 1.30 | 1.32 | 1.42 | 1.46 | 1.69 | 1.52 | 1.49 | 1.46 | 1.35 |
| Quick ratio | 1.28 | 1.30 | 1.32 | 1.42 | 1.46 | 1.69 | 1.52 | 1.49 | 1.46 | 1.35 |
| Cash ratio | 0.03 | 0.03 | 0.03 | 0.01 | 0.03 | 0.01 | 0.03 | 0.02 | 0.01 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | 1.64 | 1.58 | 1.56 | 1.62 | 1.67 | 1.41 | 1.15 | 1.08 | 1.03 | 0.98 |
| Debt / Assets | 0.43 | 0.44 | 0.44 | 0.46 | 0.45 | 0.43 | 0.40 | 0.39 | 0.38 | 0.36 |
| Debt / EBITDA | 49.27 | - | 27.49 | 41.45 | - | - | 50.38 | 17.06 | 16.16 | - |
| Interest coverage | 0.1x | - | 0.4x | 0.2x | -3.6x | - | -0.3x | 0.7x | 0.8x | - |
| Equity multiplier | 3.83 | 3.59 | 3.55 | 3.56 | 3.73 | 3.24 | 2.84 | 2.77 | 2.70 | 2.67 |
| Liabilities / Assets | 0.74 | 0.72 | 0.72 | 0.72 | 0.73 | 0.69 | 0.65 | 0.64 | 0.63 | 0.63 |
| Efficiency | ||||||||||
| Asset turnover | 0.42 | - | 0.42 | 0.39 | 0.41 | - | 0.41 | 0.40 | 0.41 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 308d | - | 292d | 329d | 342d | - | 302d | 312d | 304d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 261d | - | 239d | 252d | 253d | - | 213d | 232d | 226d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.7x | - | 0.8x | 1.0x | 1.2x | - | 2.6x | 2.8x | 2.6x | - |
| P / S | 0.4x | - | 0.5x | 0.7x | 0.8x | - | 2.3x | 2.5x | 2.4x | - |
| EV / EBITDA | 68.0x | - | 40.8x | 66.3x | - | - | 165.1x | 60.4x | 57.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -9.8% | - | -13.0% | -18.6% | -5.8% | - | 3.3% | -1.8% | -2.0% | - |
| Revenue CAGR (3y) | -5.9% | - | -4.8% | -8.2% | -1.5% | - | 24.9% | 25.7% | 27.4% | - |
| Revenue CAGR (5y) | 12.0% | - | 21.7% | 22.1% | 22.0% | - | 24.9% | 23.5% | 22.2% | - |
| Gross profit growth (YoY) | -11.6% | - | -2.0% | -18.4% | -22.1% | - | -5.9% | 0.2% | 11.1% | - |
| Operating income growth (YoY) | - | - | - | -78.6% | - | - | - | -3.2% | 138.2% | - |
| Net income growth (YoY) | 77.7% | - | 60.2% | -30.1% | -1487.9% | - | -65.1% | -70.8% | 67.6% | - |
| EPS growth (YoY) | 78.0% | - | 62.5% | -28.6% | -1566.7% | - | -60.0% | -75.0% | 70.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 65.7% | - | - | - | - | - |
| FCF CAGR (5y) | -50.9% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -12.8% | -25.2% | -33.1% | -34.5% | -33.1% | -18.3% | -7.3% | -5.1% | -4.6% | -6.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$250.53M totalServices$237.59M · 94.8%
Product Sales And Other$12.63M · 5.0%
Management Fee$311.0K · 0.1%
Peer comparison
Same SIC group: Refuse Systems
Comparing Quest Resource Holding Corp against the 5 most active filers in the same SIC group.