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 fourth quarter and full-year 2025 results showing weaker sales but some operational and balance sheet progress. Fourth quarter 2025 revenue was $58.9 million, down 15.8% from a year earlier, with gross profit of $9.1 million and gross margin steady at 15.5%. The quarter’s GAAP net loss narrowed to $1.7 million from $9.5 million, while Adjusted EBITDA improved to $2.1 million from $1.7 million.
For fiscal 2025, revenue was $250.2 million, a 13.3% decrease from 2024, and gross profit was $42.5 million, down 14.9%. GAAP net loss was $15.4 million, similar to the prior year, and GAAP net loss per share held at $(0.73). Adjusted EBITDA declined to $9.3 million from $14.5 million. Management highlighted new customer wins and share-of-wallet expansions, a $13.2 million debt reduction (16.4% versus December 31, 2024), and a refinanced ABL credit facility with covenant easements into 2027 to provide additional financial flexibility in a difficult macroeconomic environment.
Quest Resource Holding Corp director Sarah Tomolonius reported an equity award that increases her stake in the company. She acquired 1,988 deferred stock units (DSUs) of common stock at $1.76 per unit under the 2024 Incentive Compensation Plan. These DSUs convert into shares of common stock when she separates from service with the company.
After this grant, she holds a total of 43,710 DSUs across the company’s 2012 and 2024 incentive plans, all deliverable in stock upon separation. She also has separate non‑deferred equity interests totaling 44,335 common stock-related units, consisting of 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 24,335 shares of common stock that she beneficially owns.
Nolan Stephen A reported acquisition or exercise transactions in this Form 4 filing.
Quest Resource Holding Corp director Stephen A. Nolan received an equity award in the form of deferred stock units. He was granted 1,988 units of common stock at a reference price of $1.76 per share under the company’s 2024 Incentive Compensation Plan.
The deferred stock units will settle in actual shares of common stock only when he separates from service with the company. Following this grant, his reported holdings include deferred stock units from both the 2012 and 2024 plans, plus 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 92,585 shares of common stock, including 5,000 held jointly with his spouse.
Quest Resource Holding Corp director and 10% owner Daniel M. Friedberg reported an equity award of 8,532 deferred stock units (DSUs) at $1.76 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.
Following this grant, Friedberg holds 71,160 DSUs in total, including prior awards under the 2012 and 2024 incentive plans. He also has 20,000 restricted stock units scheduled to fully vest on August 13, 2026, and 20,585 shares of common stock held directly. In addition, 2,842,353 common shares are held indirectly through Hampstead Park Environmental Services Investment Fund LLC, which is controlled by Hampstead Park Capital Management, LLC, where Friedberg serves as Chief Executive Officer.
Quest Resource Holding Corp director and 10% owner Daniel Friedberg was granted 6,984 deferred stock units (DSUs) on January 31, 2026 at $2.15 per underlying share under the company’s 2024 Incentive Compensation Plan.
After this grant, he beneficially owns 62,628 DSUs, including DSUs from both the 2012 and 2024 plans, plus 40,585 common-share-related interests, which include 20,000 RSUs scheduled to fully vest on August 13, 2026 and 20,585 common shares. Separately, 2,842,353 common shares are held indirectly through Hampstead Park Environmental Services Investment Fund LLC, which is controlled by Hampstead Park Capital Management, LLC and Mr. Friedberg.
Quest Resource Holding Corp director Stephen A. Nolan reported receiving 1,627 shares of common stock as deferred stock units at a price of $2.15 per share under the company’s 2024 Incentive Compensation Plan. These deferred stock units will convert into common stock when he separates from service with the company.
After this grant, his directly held position reported in this filing includes 87,394 common shares linked to deferred stock units. In addition, his beneficial holdings reported separately total 112,585 common shares, including 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 92,585 common shares, of which 5,000 are held jointly with his spouse.
Quest Resource Holding Corp director Sarah Tomolonius reported receiving 1,627 deferred stock units (DSUs) of common stock on January 31, 2026 at a reference price of $2.15 per share under the company’s 2024 Incentive Compensation Plan.
After this grant, Tomolonius holds 41,722 DSUs in total, consisting of awards under both the 2012 and 2024 incentive plans. The common shares underlying these DSUs will be issued only when she separates from service with the company.
She is also shown as beneficially owning 44,335 shares of common stock directly, which include 20,000 restricted stock units scheduled to fully vest on August 13, 2026 and 24,335 currently owned shares.
QRHC shareholder David Sweitzer filed a Form 144 notice to sell 1,300 shares of common stock through Raymond James & Associates on NASDAQ, with an approximate sale date of 01/06/2026 and an aggregate market value of $2,536.04. The shares to be sold were acquired on 10/24/2025 via an RSU grant vest from the issuer, with cash payment dated 01/06/2026.
The notice also lists prior QRHC common stock sales by Sweitzer over the past three months, including transactions such as 4,638 shares sold on 12/10/2025 for $10,260.38 and 4,000 shares sold on 11/25/2025 for $7,600.00, among other smaller trades. By signing, the seller represents that he is not aware of undisclosed material adverse information about the issuer.
Quest Resource Holding Corporation furnished an Item 7.01 Regulation FD update, attaching a new investor presentation as Exhibit 99.1 dated November 2025. The presentation replaces prior materials, including the deck filed March 13, 2025, and is available on the company’s investor website. The furnished information is not deemed “filed” under the Exchange Act and is not subject to Section 18 liabilities.
Quest Resource Holding Corporation (QRHC) reported Q3 2025 results. Revenue was $63.3 million, down from $72.8 million a year ago, while net loss narrowed to $1.3 million from $3.4 million. Gross margin improved to 18.1% as the company exited an underperforming mall-related business and continued margin initiatives.
Year to date, revenue was $191.3 million versus $218.6 million and net loss was $13.7 million, reflecting lower industrial volumes, a $4.4 million loss on asset sale in Q1, and a $1.7 million intangible impairment. Operating cash flow improved to $8.5 million for the nine months, aided by working capital optimization. Liquidity included $1.1 million in cash and an ABL borrowing base availability of $36.1 million with $16.2 million outstanding as of September 30, 2025. Notes payable, net, were $65.4 million, with the Monroe term loan maturing in 2030.