Enviri posts 21% jump in Q3 adjusted EBITDA, exits Deutsche Bahn contract and raises 2026 guidance
+1 new source since this summary was written
Enviri Corp reported third‑quarter 2026 adjusted EBITDA of $47 million, a 21% year‑over‑year increase. The company repaid $73 million of advances to Deutsche Bahn, fully exiting the engineered‑to‑order rail contract. Management raised full‑year 2026 adjusted EBITDA guidance for both Harsco Environmental and Harsco Rail and highlighted a $40 million annualized value target from its internal improvement program.
Why it matters
The contract exit removes a source of operational and financial uncertainty, which the company says improves cash flow outlook. The higher guidance signals stronger earnings expectations for the rest of 2026, potentially supporting the stock price.
Key facts
- 1Revenue was reported as $325 million. fool.com
- 2Adjusted EBITDA for the quarter was $47 million. fool.com
- 3Adjusted diluted loss per share was ($0.16). fool.com
- 4Deutsche Bahn contract exit involved repayment of $73 million in customer advances in October 2026. fool.com
- 5The internal improvement program targets $40 million of annualized value. fool.com
- 6Cash balance at quarter end was $226.3 million, with $50.4 million in restricted cash. fool.com
Open questions
- Material 1 says revenue was flat YoY, while material 2 says revenue grew 5% YoY – conflicting YoY growth figures.
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.