Welcome to our dedicated page for Perma-Fix Environmental Svcs news (Ticker: PESI), a resource for investors and traders seeking the latest updates and insights on Perma-Fix Environmental Svcs stock.
Perma-Fix Environmental Services, Inc. reports developments in nuclear services, mixed waste treatment and environmental remediation. The company manages and treats radioactive and mixed waste for hospitals, research institutions, federal agencies and the commercial nuclear industry, and operates four nuclear waste treatment facilities. Its updates often address the Treatment Segment, the Services Segment, Perma-Fix Northwest, Hanford-related waste streams, facility permitting and waste processing capacity.
Recurring company news also covers project awards for demolition, decontamination, disposal and on-site waste management, including work at government and national laboratory sites. Perma-Fix updates its proprietary Perma-FAS PFAS destruction technology, business results, backlog, international project activity and investor presentations as part of its broader nuclear and environmental services platform.
Perma-Fix Environmental Services (NASDAQ: PESI) announced completion of a PFAS treatment project for a DOE contractor at the Paducah Site on April 6, 2026. The Company received and treated approximately 1,500 gallons of PFAS-contaminated liquids using its patent-pending Perma-FAS destruction technology.
The water-based Perma-FAS process is described as achieving very high destruction efficiencies (generally approaching 99.9999%) and produces a lean water stream for conventional disposal while recycling reactants to improve efficiency.
Perma-Fix (NASDAQ: PESI) was awarded a two-year master task agreement valued at approximately $24 million by Lawrence Livermore National Security to perform demolition, excavation and waste management at Lawrence Livermore National Laboratory.
The work will draw on Perma-Fix’s radiological and hazardous waste expertise, involve three local subcontractors, and aims to support LLNS performance objectives through disciplined execution and stakeholder coordination.
Perma-Fix Environmental Services (NASDAQ: PESI) reported 2025 results highlighting expanded treatment capacity and backlog growth tied to the Hanford cleanup mission. Key operational drivers include a renewed PFNW permit increasing liquid mixed waste capacity to ~1.2 million gallons annually and year-end treatment backlog of ~$11.9 million (up ~51% YoY).
2025 revenue was $61.7 million with Treatment revenue of $45.1 million (up ~29% YoY); net loss was ~$13.8 million. International revenue rose to ~$6.4 million (up ~163% YoY). The company expects continued investments and initial Q1 operating losses as throughput ramps in 2026.
Perma-Fix Environmental Services (NASDAQ: PESI) will hold a business update conference call at 10:00 AM ET on Tuesday, March 24, 2026. Investors can join via webcast or telephone; management will include CEO Mark J. Duff and two executive VPs. A replay will be available through April 7, 2026.
Webcast access and telephone dial-in numbers with access codes are provided for live participation and archived playback.
Perma-Fix Environmental Services (NASDAQ: PESI) received a final Dangerous Mixed Waste Permit Renewal for its Perma-Fix Northwest (PFNW) Mixed Waste Facility in Richland, WA, effective January 1, 2026.
The renewed permit updates the 1999 authorization, raises permitted liquid mixed waste throughput from ~400,000 to ~1.2 million gallons annually, and authorizes processing up to 175,000 tons per year via macroencapsulation. The permit follows a 64-day public comment period and a Final SEIS issued November 19, 2025, and supports PFNW’s role in Hanford site tank retrieval and long-term nuclear cleanup work.
Perma-Fix (NASDAQ: PESI) announced a joint distribution agreement with Enforcer One to offer end-to-end PFAS foam transition solutions on Dec 4, 2025. The deal pairs Perma-Fix’s Perma-FAS™ non-incineration PFAS destruction technology with Enforcer One’s FIREBULL® fluorine-free foam concentrates and Enforcer CAFS equipment.
The companies said Perma-FAS operates in a closed system and Perma-Fix’s 1,000-gallon reactor has shown high destruction levels; the unit is reportedly fully booked into the new year. The agreement targets fire departments, airports, defense, and industrial customers replacing legacy AFFF stocks.
Perma-Fix Environmental Services (NASDAQ: PESI) reported Q3 2025 results and a business update on November 10, 2025. The company reported revenue of $17.5M for the quarter and highlighted a Treatment Segment revenue increase to $13.1M from $9.1M a year earlier, with Treatment gross margin rising to 17.3% from 4.5%. Services revenue declined to $4.4M from $7.7M, and Services gross margin fell to 6.7% from 11.9%.
Perma-Fix reported a Q3 net loss of $1.8M (‑$0.10 per basic share) versus a $9.0M loss in Q3 2024, and EBITDA of ($1.5M). Treatment backlog was about $15.4M at quarter end. Management noted PFAS destruction technology progress and a potential initial DFLAW waste receipt in late Q4 2025 or early 2026, while warning a prolonged federal shutdown could affect operations.
Perma-Fix Environmental Services (NASDAQ: PESI) will host a third quarter 2025 business update conference call on Monday, November 10, 2025 at 10:00 AM ET.
The call will be led by Mark J. Duff (CEO), Dr. Louis F. Centofanti (EVP, Strategic Initiatives) and Ben Naccarato (EVP & CFO). Investors can listen live via webcast at https://www.webcaster5.com/Webcast/Page/2243/53184 or the company investor site https://ir.perma-fix.com/conference-calls.
Telephone access: toll free 888-506-0062 (U.S.) or +1 973-528-0011 (international) using access code 201401. A replay will be available about one hour after the call through Monday, November 17, 2025 via 877-481-4010 (U.S.) or +1 919-882-2331 with access code 53184.
Perma-Fix Environmental Services (NASDAQ: PESI) founder and Executive VP of Strategic Initiatives, Dr. Louis Centofanti, has received the Industry Innovation Award at the 2025 EI Digest Gathering. Dr. Centofanti's recognition spans nearly five decades of pioneering work in nuclear and hazardous waste treatment.
His achievements include developing the first process to destroy PCBs in oil, advancing hazardous waste recycling in cement kilns, and creating EPA-approved in-drum treatment technology. Most recently, he led the development of Perma-FAS™, a breakthrough technology for destroying PFAS contaminants at low temperatures. Throughout his career, Dr. Centofanti has authored over 50 patents and publications, establishing industry standards and best practices in hazardous and nuclear waste management.
Perma-Fix Environmental Services (NASDAQ: PESI) reported Q2 2025 financial results with revenue of $14.6 million, up from $14.0 million in Q2 2024. The Treatment Segment showed significant growth with revenue increasing 37% year-over-year to $11.4 million, while Services Segment revenue decreased to $3.2 million from $5.6 million.
The company reported a net loss of $2.7 million ($0.15 per share), an improvement from a $4.0 million loss ($0.27 per share) in Q2 2024. EBITDA improved to ($2.3) million from ($4.6) million. Waste receipts more than doubled to 14.0 million in Q2 2025 compared to Q2 2024, indicating a strong backlog for the remainder of 2025.
Notable developments include winning a position on the Navy's RADMAC III IDIQ contract and progress in PFAS destruction platform development, including construction of a next-generation Gen 2.0 system in Oak Ridge.