Quest Resource Holding Corporation filings document 8-K disclosures for a Nasdaq-listed Nevada corporation in environmental waste and recycling services. The records include results-of-operations releases, Regulation FD investor presentations, and exhibits describing revenue, gross profit, adjusted EBITDA, cash generation, debt reduction and customer-related operating trends.
Other filings describe material credit agreements and amendments, including asset-based lending and term-debt covenant matters, as well as registered common stock, executive officer changes, governance matters and other corporate events reported under the Exchange Act.
Quest Resource Holding Corporation reported a narrower loss for the quarter ended March 31, 2026, while revenue declined. Revenue was $61.7 million, down 9.8% from $68.4 million a year earlier, mainly due to softness at certain industrial clients and the prior divestiture of an underperforming operation.
Gross profit was $9.7 million with a 15.7% margin, slightly below 16.0% last year. Net loss improved to $2.3 million from $10.4 million, helped by lower selling, general and administrative expenses and the absence of last year’s loss on asset sale and impairment. Adjusted EBITDA rose to $1.8 million from $1.6 million.
Quest ended the quarter with $1.1 million in cash and $147.9 million in total assets, including $81.1 million of goodwill. Total notes payable were $68.6 million, primarily a Monroe term loan and a new $40.0 million Texas Capital Bank asset-based facility, under which $19.6 million was outstanding. Management believes cash, availability under the facility and operating cash flows will fund operations for at least the next 12 months.
Quest Resource Holding Corporation reported first quarter 2026 results showing mixed trends. Revenue was $61.7 million, down 9.8% from the first quarter of 2025 but up 4.8% from the fourth quarter of 2025, reflecting stronger sequential volumes, especially from Industrial customers and growth in non-Industrial accounts.
Gross profit was $9.7 million, 11.6% lower year over year, while gross margin held relatively steady at 15.7% of revenue compared with 16.0% a year ago and 15.5% in the prior quarter. GAAP net loss improved significantly to $2.3 million versus a $10.4 million loss a year earlier, though it was wider than the $1.7 million loss in the fourth quarter of 2025.
Adjusted EBITDA was $1.8 million, up from $1.6 million a year ago but below $2.1 million in the preceding quarter. Management highlighted successful onboarding of new customers and wallet share expansions, a new quick-service restaurant franchisee added in April, and the use of a refinanced ABL credit facility to pay down $2.0 million of higher-rate term debt to reduce interest expense.
Quest Resource Holding Corp director Stephen A. Nolan received 3,097 shares of Common Stock as a grant under the company’s 2024 Incentive Compensation Plan. The award was priced at $1.13 per share and is classified as a grant or other acquisition rather than an open-market purchase.
After this grant, Nolan directly holds 95,420 shares of common stock, including 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 92,585 shares beneficially owned, of which 5,000 are held jointly with his spouse. He also holds deferred stock units under the company’s 2012 and 2024 incentive plans that will convert into shares when he separates from service.
FRIEDBERG DANIEL M. reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp director and 10% owner Daniel M. Friedberg reported a compensation-related stock award. He received 13,289 deferred stock units (DSUs) of common stock at $1.13 per unit under the company’s 2024 Incentive Compensation Plan, with shares to be issued when he separates from service.
After this grant, he is credited with 97,068 DSUs in total, all deliverable in common stock upon separation. Separately, he holds 49,085 shares of common stock directly, including 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 29,085 shares beneficially owned, and 2,842,353 shares indirectly through Hampstead Park Environmental Services Investment Fund LLC.
Quest Resource Holding Corp President and CEO Perry W. Moss received a grant of 20,114 deferred stock units at $1.18 per unit. These DSUs were issued under the company’s 2024 Incentive Compensation Plan and will convert into common shares when he separates from service.
After this award, Moss directly holds 351,418 share units, including several tranches of restricted stock units and DSUs with scheduled vesting dates through 2028, plus 69,367 shares of common stock that he already beneficially owns.
Johnston Brett Wade reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp reported that Sr. VP of Finance and CFO Brett Wade Johnston received a grant of 5,767 deferred stock units on common stock valued at $1.18 per unit under the 2024 Incentive Compensation Plan.
The common shares underlying these DSUs will be issued when he separates from the company. After this grant, he beneficially owns 93,350 share equivalents, including restricted stock units scheduled to vest between June 2026 and August 2028 and 34,250 shares of common stock.
Quest Resource Holding Corp director Stephen A. Nolan received an equity award of 2,941 deferred stock units at $1.19 per unit. These DSUs were granted under the company’s 2024 Incentive Compensation Plan and will convert into common shares when he separates from service with the company.
After this grant, he directly holds 92,323 shares of common stock. His position also includes 63,059 DSUs from the 2012 plan, 29,264 DSUs from the 2024 plan, and 20,000 RSUs scheduled to fully vest on August 13, 2026, for a total of 112,585 shares and RSUs reported as beneficially owned.
FRIEDBERG DANIEL M. reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp director and 10% owner Daniel M. Friedberg received 12,619 deferred stock units (DSUs) of common stock at $1.19 per share under the company’s 2024 Incentive Compensation Plan. The shares underlying these DSUs will be issued when he separates from service with the company.
After this grant, Friedberg holds 83,779 DSUs in total, including 18,153 DSUs from the 2012 plan and 65,626 DSUs from the 2024 plan. He also has 49,085 direct common share interests, made up of 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 29,085 shares of common stock, plus 2,842,353 shares held indirectly through Hampstead Park Environmental Services Investment Fund LLC.
Quest Resource Holding Corp director and 10% owner Daniel M. Friedberg bought 8,500 shares of common stock in an open-market purchase at $0.87 per share. After this transaction, he directly holds 49,085 common shares, which include restricted stock units scheduled to vest on August 13, 2026.
Separate entries show 71,160 deferred stock units that will convert into common shares upon his separation from service, and 2,842,353 shares held indirectly through Hampstead Park Environmental Services Investment Fund LLC, which is controlled by Hampstead Park Capital Management, LLC with Mr. Friedberg as CEO.
Quest Resource Holding Corporation furnished an investor presentation outlining its 2025 performance and strategy. For 2025, revenue was $250,217,000 with a net loss of $15,382,000. Adjusted EBITDA was $9,297,000, down from $14,469,000 in 2024, and the Adjusted EBITDA margin declined from 5.0% to 3.7%. In 4Q25, Adjusted EBITDA improved to $2,120,000 versus $1,676,000 in 4Q24. The presentation highlights an asset-light, data-driven waste management model, a large addressable market, debt reduction of $12,300,000 in 2025 to total debt of $64,000,000, and a focus on operating efficiencies and organic growth with Fortune 1000 clients.