Quest Resource (QRHC)
NASDAQ:QRHC
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear near-term financial headwinds—most notably a 16% YoY revenue decline and substantial gross profit contraction—with meaningful operational progress: significant SG&A reductions (24% YoY), improved working capital (working capital days down from 23 to 11), debt reduction and refinancing actions, $29M of new revenue additions year-over-year, and ongoing vendor and technology improvements. Management framed the challenges as primarily macro-driven (soft industrial volumes and elongated sales cycles) while highlighting execution on cost, cash, and wallet-expansion initiatives that should support recovery as the macro backdrop improves.Company Guidance
Operational Cost Reductions and SG&A Improvement
SG&A for Q4 was $7.7M, down 24% year-over-year and 17% sequentially, driven by headcount reductions, lower bad debt, divestiture impacts, efficiency initiatives, and workforce reductions; company expects SG&A below $9M in Q1 and anticipates approximately $400k of annualized savings from HQ lease rationalization.
Working Capital and Receivables Progress
DSOs improved from the low 80s a year ago to the mid-70s this quarter (modest increase from Q3), AR fell sequentially by $1.7M, and working capital days declined from 23 days in 2024 to 11 days at quarter-end, supporting cash generation and better cash cycle management.
Debt Reduction and Financing Flexibility
Paid down approximately $2M of debt in Q4 and reduced net notes payable to $64M from $76.3M at the beginning of the year; refinanced ABL with Texas Capital Bank and negotiated covenant easements with Monroe Capital to provide operating cushion and flexibility to reduce interest expense.
Positive New Revenue and Wallet Expansion
Added approximately $29M in new revenues versus prior year from full-year impact of 2024 client wins, incremental 2025 wins, and wallet-share expansion; isolation of industrial headwinds and divestiture shows the remaining two-thirds of the business grew ~$7.4M (about 5%).
New Client Launches and Ramp Progress
Large retailer and restaurant chain wins launched and are becoming meaningful contributors to revenue; additional wallet-share and new client launches in Q4 expected to provide fuller gross profit contributions in 2026 as ramp and optimization complete.
Operational Excellence and Vendor Network Improvement
Continued execution of operational excellence initiatives (order-to-cash, procure-to-pay, source-to-contract) delivering efficiencies; vendors now accepting payment to term, vendor base growth, record-low service disruption rates, and investments in portal/zero-touch capabilities to drive future efficiency and cash improvements.
Quarterly Cash Generation
Generated just over $1M in cash from operations in Q4 and $1.7M of free cash flow, while maintaining ~$37.7M of available borrowing capacity on a $45M operating line, providing liquidity while the company executes improvement initiatives.
QRHC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QRHC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $1.45 | $1.13 | -22.07% |
Nov 12, 2025 | $1.53 | $1.51 | -1.31% |
Aug 11, 2025 | $1.96 | $1.78 | -9.18% |
May 12, 2025 | $2.47 | $2.35 | -4.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Quest Resource (QRHC) report earnings?
Quest Resource (QRHC) is schdueled to report earning on May 18, 2026, After Close (Confirmed).
What is Quest Resource (QRHC) earnings time?
Quest Resource (QRHC) earnings time is at May 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QRHC EPS forecast?
QRHC EPS forecast for the fiscal quarter 2026 (Q1) is -0.07.