Enviri Corporation (NVRI) SEC Filings & Earnings Calls
EquiReason read 6 Enviri Corporation SEC filings in the last 12 months. Latest: 10-Q on 2026-08-11 — Enviri completed a spin-off of its Clean Earth segment and a merger with Veolia, incurring significant contract exit charges and a net loss..
Source: SEC EDGAR filings · read by EquiReason
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
11 Aug 202610-QEnviri completed a spin-off of its Clean Earth segment and a merger with Veolia, incurring significant contract exit charges and a net loss.open
Figures in the filing · each found in the filing text
| Total revenues · Q2-2026 | $187M | -41% y/y |
| Net income (loss) attributable to Enviri Corporation · Q2-2026 | $-396M | |
| Net cash (used) provided by operating activities · H1-2026 | $-275M |
Risks flagged
Contract exit risk
“Product revenues - Rail contract exit-related adjustments (136,499) and Cost of products sold - Rail contract exit-related adjustments 70,890” · word for word
Liquidity risk
“Net cash (used) provided by operating activities (275,402) for six months ended June 30, 2026.” · word for word
Spin-off execution risk
“The completion of the Transactions resulted in the exchange of one share of CE Holdings common stock for one share of Legacy Enviri common stock, and subsequently one share of Enviri common stock for every three shares of CE Holdings common stock.” · word for word
11 Aug 20268-K · 2.02Q2 2026 results: GAAP loss $297M, adjusted EBITDA $34M; Harsco Environmental and Rail beat expectations; reaffirmed 2026 outlook; strategic exit of two European Rail ETO contracts.earningsopen
Figures in the filing · each found in the filing text
| Revenues - GAAP · consolidated · Q2-2026 | $187M | -41% y/y |
| Adjusted revenues · consolidated · Q2-2026 | $324M | +3% y/y |
| Operating income/(loss) from continuing operations - GAAP · consolidated · Q2-2026 | $-244M | +663% y/y |
| Income (loss) from continuing operations - GAAP · consolidated · Q2-2026 | $-297M | +560% y/y |
| Diluted EPS from continuing operations - GAAP · consolidated · Q2-2026 | $-10.70 | +529% y/y |
| Adjusted EBITDA · consolidated · Q2-2026 | $34M | +26% y/y |
| Adjusted EBITDA margin · consolidated · Q2-2026 | 10.4% | |
| Adjusted diluted EPS from continuing operations · consolidated · Q2-2026 | $-0.63 | -25% y/y |
| Harsco Environmental Revenues · Harsco Environmental · Q2-2026 | $266M | +3% y/y |
| Harsco Environmental Operating income (loss) - GAAP · Harsco Environmental · Q2-2026 | $13M | +225% y/y |
Guidance
Harsco Environmental Adjusted EBITDA $170M-$180M; Harsco Rail Adjusted EBITDA $(26)M-$(19)M
2026 Adjusted EBITDA outlook reaffirmed for Harsco Environmental and Harsco Rail; Harsco Environmental modestly above prior year at midpoint; Harsco Rail below 2025 due to lower demand
Risks flagged
Harsco Rail contract exit charges and ongoing losses; adjusted EBITDA negative
“Harsco Rail Adjusted EBITDA $(5) million; GAAP operating loss $(221) million due to contract exit charges”
Restructuring execution risk; broad actions across the company may disrupt operations
“We have recently begun implementing broad restructuring actions across the Company.” · word for word
Subdued end-markets for Harsco Rail; lower standard equipment and contracted services demand
“Harsco Rail Adjusted EBITDA outlook below 2025 as a result of lower standard equipment and contracted services demand”
8 Jun 202610-QRevenue from continuing operations $550M (+0% y/y); Net income (loss) attributable to Enviri Corporation $-11M; Operating cash flow $22M (+226% y/y)open
Figures in the filing · each found in the filing text
| Revenue from continuing operations · Q1-2026 | $550M | +0% y/y |
| Net income (loss) attributable to Enviri Corporation · Q1-2026 | $-11M | |
| Operating cash flow · Q1-2026 | $22M | +226% y/y |
| Free cash flow · Q1-2026 | $-12M |
Risks flagged
Debt covenant compliance risk
“The Company obtained the amendment because its forward-looking projections indicated that it may not meet the minimum level required by the net leverage coverage ratio” · word for word
Environmental liability risk
“The Company's current reserve of $27.0 million at March 31, 2026 represents the Company's best estimate of the net costs to fully resolve this matter.”
Goodwill impairment risk
“unfavorable economic conditions, including tariffs and continued cost inflation, could impact the Company's future projected cash flows and discount rates used to estimate fair value, which could result in an impairment charge to any of the Company's reporting units in a future period.” · word for word
1 Jun 20268-K · 1.01, 2.03, 3.03, 5.01, 5.02, 5.03, 5.05, 7.01Spin-off of New Enviri as standalone public company and sale of Clean Earth to Veolia; shareholders receive 1 share of New Enviri for every 3 Enviri shares plus $15 cash per share.open
Figures in the filing · each found in the filing text
| Annualized 2026 expected pro forma revenues · FY2026 | $1.20B | |
| Adjusted EBITDA · FY2026 | $140M | |
| Net Debt to Adjusted EBITDA · point_in_time | $2.00 |
Risks flagged
Execution risk in Harsco Rail turnaround, especially de-risking legacy ETO contracts.
“de-risking its legacy ETO contracts” · word for word
Dependence on steel market recovery for Harsco Environmental growth.
“Harsco Environmental is expected to benefit from a steel market recovery” · word for word
11 May 20268-K · 7.01Issued a Regulation FD disclosure (forward guidance or material update); filed financial statements and exhibits with this reportopen
Risks flagged
Execution risk in spin-off and merger; potential for operational disruption.
“Spin-off conditioned on satisfaction or waiver of conditions; complex reorganizational transactions.”
Enviri Corporation — questions
- What did Enviri Corporation file recently?
- 6 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-11 — Enviri completed a spin-off of its Clean Earth segment and a merger with Veolia, incurring significant contract exit charges and a net loss.
Every figure on this page comes from Enviri Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.