Company Description
Quest Resource Holding Corporation (NASDAQ: QRHC) is described as a national provider of environmental waste and recycling services that works with larger, multi-location businesses. The company focuses on helping these customers achieve their environmental and sustainability goals and responsibilities by designing and managing client-specific programs for a wide variety of waste streams and recyclables.
According to Quest, it delivers focused expertise across multiple industry sectors and builds single-source, client-specific solutions that are intended to generate quantifiable business and sustainability results. Quest states that it addresses a wide variety of waste streams and recyclables and provides information and data that track and report the environmental results of its services. This data is used to give customers actionable insights to improve business operations and to support their environmental and sustainability responsibilities.
In earlier descriptions, Quest has been characterized as a national provider of waste and recycling services to customers from multiple industry sectors that are typically larger, multi-location businesses. The company has indicated that it creates customer-specific programs and performs services related to the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. These services have been described as focusing on waste streams and recyclables from sectors such as box and specialty retailers, automotive after-market operations, transportation and logistics, manufacturing and industrial facilities, multi-family and commercial properties, and restaurant and food operations.
Business focus and customer base
Quest emphasizes that its customer base consists of larger enterprises, often with multiple locations, that seek to manage waste and recyclables in a coordinated way. The company highlights its role in enabling these businesses to excel in achieving environmental and sustainability objectives, which can include reducing waste, increasing recycling, and documenting environmental performance.
The company’s approach centers on acting as a single-source partner for clients across diverse industries. Quest states that it uses its expertise to tailor programs to each client, addressing the specific mix of waste streams and recyclables they generate. By doing so, it aims to support both operational efficiency and measurable sustainability outcomes.
Services and solutions
Quest describes its services as covering the lifecycle of waste and recyclables, including collection, processing, recycling, disposal, and tracking. The company also emphasizes the importance of information and data in its offering. It reports that it provides data that track and report the environmental results of its services and that this information is intended to give clients actionable data to improve business operations and support their sustainability responsibilities.
In its public communications, Quest has also referred to its ability to serve clients across multiple industry sectors, including various types of retailers, automotive after-market operations, transportation and logistics operators, manufacturing and industrial facilities, multi-family and commercial properties, and restaurant and food-related businesses. These references indicate that the company positions itself to handle a broad range of commercial and industrial waste and recycling needs.
Stock listing and corporate information
Quest Resource Holding Corporation is incorporated in Nevada and its common stock trades on The Nasdaq Stock Market LLC under the ticker symbol QRHC, as disclosed in its SEC filings. The company lists its principal offices in The Colony, Texas, in its recent reports to the U.S. Securities and Exchange Commission.
Operational and financial context
Quest regularly reports its financial and operating results through press releases and SEC filings. These communications include revenue, gross profit, net loss, and non-GAAP measures such as Adjusted EBITDA and Adjusted Net Income (Loss). The company explains that it uses these non-GAAP measures as supplemental indicators of operating performance, alongside GAAP metrics, to provide what it believes is an improved understanding of underlying performance trends. Quest notes that these non-GAAP measures have limitations and should not be considered in isolation or as a substitute for GAAP measures.
In recent periods, Quest has discussed actions aimed at improving operating efficiencies, generating cash, and reducing debt. Examples mentioned in its public disclosures include the sale of a non-core portion of a commercial property management business, reductions in headcount, and initiatives described as focused on operational excellence and performance. The company has also highlighted efforts to refine its portfolio toward core clients in diverse industries and to address factors that have affected financial performance, such as client attrition and softness in certain end markets.
Strategic initiatives and corporate priorities
Quest’s public statements reference initiatives intended to enhance performance, efficiency, and profitability. These include programs described as Operational Excellence initiatives, which are said to focus on areas such as cash generation, process improvement, vendor management practices, and data- and KPI-driven management. The company has also referred to efforts to build a performance culture and to implement short-term and long-term initiatives aimed at improving operating efficiencies and financial results.
Quest has reported that it has added new customers and expanded services with existing clients in recent years. It has highlighted new client wins in various end markets and expansions of geographic footprint with existing clients, presenting these developments as evidence of its value proposition for larger enterprises seeking waste and recycling services aligned with sustainability objectives.
Use of data and reporting for clients
A recurring theme in Quest’s description of its business is the provision of data and reporting to customers. The company states that it provides information and data that track and report the environmental results of its services. This reporting is described as giving clients actionable data to improve business operations and enabling them to excel in their business and sustainability responsibilities. This suggests that Quest positions its offering not only around operational waste handling but also around measurement and reporting that support clients’ environmental and sustainability programs.
Position within the environmental services industry
Quest characterizes itself in its news releases as a national leader in environmental waste and recycling services. It operates within the broader environmental services and waste management space, focusing on larger, multi-location businesses that seek coordinated, data-driven management of waste and recyclables. Its emphasis on client-specific solutions, data reporting, and support for sustainability goals reflects how the company describes its role within this sector.