Q2 2026 Perma-Fix Environmental Services Inc Earnings Call Transcript

Aug 12, 2026 / 08:30 PM GMT

Release Date Price: €16.44 (+8.87%)

Transcript 10-Q

Key Points

Positve

Perma-Fix Environmental Services Inc (PESI) secured a master IDIQ subcontract for the Hanford tank waste grouting program, with a maximum contract value of approximately $4.4 billion, providing a significant long-term growth opportunity.
The company has begun receiving liquid effluent waste from the Hanford DFL facility, marking a key operational milestone and a new recurring revenue stream.
Treatment backlog grew by 29% to $15.7 million, indicating strong customer demand and improved visibility into future processing activity.
The nuclear services segment showed robust growth, with revenue up 44% year-over-year, adding stability and serving as a feeder for treatment volumes.
The company strengthened its balance sheet with a $21 million equity offering, ending the quarter with $20.5 million in cash and low debt, supporting planned capacity expansions.

Negative

Second quarter revenue of $12.9 million and a net loss of $6.2 million were below expectations, primarily due to customer-directed delays in treatment protocols.
The company incurred operating costs for added personnel and handling volumes without corresponding revenue recognition, creating a cost-revenue mismatch in Q2.
Several new services projects started later than anticipated, contributing to the quarterly revenue shortfall.
Processing of previously stored, lower-margin inventory waste compressed treatment margins during the quarter.
The company faces uncertainty regarding the timing and volume of task orders under the new Hanford contract, as the $4.4 billion ceiling is shared among multiple subcontract holders and not guaranteed.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PESI.OQ - Perma-Fix Environmental Services Inc
Q2 2026 Perma-Fix Environmental Services Inc Earnings Call
Aug 12, 2026 / 08:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day ladies and gentlemen, and welcome to the second quarter 2026 earnings conference.

At this time, all participants are placed on a listen-only mode and a question-and-answer session will follow the formal presentation.

If anyone should require operator assistance during the conference, please press 0 on your telephone keypad.

And please note this conference call is being recorded.

I will now turn the conference over to your host, Mr.

David Waldman with Crescendo Communications, Sir.

The floor is yours.

Thank you, Ali.

Good afternoon, everyone, and welcome to Perma Fix Environmental Services second quarter 2026

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.